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The Latest Victim of 2018’s Stock Rout Is the World’s Largest Pension Fund

The Latest Victim of 2018’s Stock Rout Is the World’s Largest Pension Fund The world’s largest pension fund may have incurred a record loss after a global equity rout last quarter pummeled an asset class that made up about half of its investments. Total assets at Japan’s Gov… Continue reading at bloomberg.com Liquid Stock Launches […]

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One of the world’s biggest mining companies is cutting 5,500 jobs because of the slowdown in China

One of the world’s biggest mining companies is cutting 5,500 jobs because of the slowdown in China Steve Dykes/Getty ImagesCuts are coming. Anglo American is slashing its business to the bone. The mining giant on Tuesday announced a radical reduction in its business, cutting 60% of jobs, selling off huge swathes of assets, and stopping […]

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One of the world’s most reliable economic indicators has bad news about all major markets

One of the world’s most reliable economic indicators has bad news about all major markets One of the more reliable indicators of the global economy continues to confirm fears of a worldwide slowdown. South Korean exports — also referred to as the world’s economic canary in the coal mine — fell 13.8% in December from […]

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World’s top architecture show to spotlight Detroit

Buy Photo Twelve teams in the 2016 Venice Biennale, the world’s premier exhibition of architectural innovation, will produce conceptual designs for The Packard Plant.(Photo: Regina H. Boone, DFP)Buy Photo In a cultural coup for Detroit, the U.S. Department of State has chosen the Motor City to be the entire focus of the American pavilion at […]

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