The Trans-Pacific Partnership (TPP) negotiations, a key part of Barack Obama’s efforts to use "trade" agreements (treaties) to transfer econmic and political power to supernational entities, is in danger of being stalled.
Three Uber drivers could kill the nascent "gig" or "sharing" economy in its crib by suing to be deemed "employees" of the company, rather than independent contractors.
Facing an imploding stock market and the potential for even more widespread economic chaos, the dictatorship ruling mainland China — the top foreign holder of U.S. Treasury bonds — is selling U.S. debt to prop up the Chinese yuan (renminbi), according to news reports. The move, which has long been anticipated by analysts, could have major implications for the American economy and especially the U.S. dollar — particularly if the pace of liquidation were to accelerate. As of now, confusion about the developments is running rampant.