Economy of the United States

The United States is the world's largest national economy, representing 22% of nominal global GDP and 17% of global GDP (PPP). The United States' GDP was estimated to be $17.914 trillion as of Q2 2015. The U.S. dollar is the currency most used in international transactions and is the world's foremost reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. The United States has a mixed economy and has maintained a stable overall GDP growth rate, a moderate unemployment rate, and high levels of research and capital investment. Its seven largest trading partners are Canada, China, Mexico, Japan, Germany, South Korea, and the United Kingdom.

The US has abundant natural resources, a well-developed infrastructure, and high productivity. It has the world's ninth-highest per capita GDP (nominal) and tenth-highest per capita GDP (PPP) as of 2013. Americans have the highest average household and employee income among OECD nations, and in 2010 had the fourth highest median household income, down from second highest in 2007. It has been the world's largest national economy (not including colonial empires) since at least the 1890s.

Fox News Channel

Fox News Channel (FNC), also known as Fox News, is an American basic cable and satellite news television channel that is owned by the Fox Entertainment Group subsidiary of 21st Century Fox. As of February 2015, approximately 94,700,000 American households (81.4% of cable, satellite & telco customers) receive the Fox News Channel. The channel broadcasts primarily from studios at 1211 Avenue of the Americas, New York City, New York. .

The channel was created by Australian-American media mogul Rupert Murdoch, who hired former Republican Party media consultant and NBC executive Roger Ailes as its founding CEO. It launched on October 7, 1996, to 17 million cable subscribers. It grew during the late 1990s and 2000s to become the dominant cable news network in the United States.

Fox News Channel has been accused of biased reporting and promoting the Republican Party. The channel has also been cited as detrimental to the integrity of news overall. Fox News Channel employees have responded that news reporting operates independently of its opinion and entertainment, and have denied bias in news reporting.

The U (film)

The U is a 2009 documentary film about the University of Miami football program. It was produced by Miami-based media studio Rakontur and directed by Billy Corben.

The film premiered December 12, 2009 after the Heisman Trophy presentation on ESPN as a part of their 30 for 30 documentary series. The U's premiere drew 2.3 million viewers, the most ever for a documentary on the sports cable network until the debut of Pony Excess, another college football documentary about the Southern Methodist University football scandal in the 1980s.

DVD release

This film was released on DVD in 2010, both separately and as part of the 30 for 30 box set. The DVD cover, depicting Michael Irvin, originally had the "U" logo on his helmet, but it was airbrushed from the cover after the University of Miami objected to the logo's appearance. Excerpts from Florida State University's "Seminole Rap" video that initially appeared in the documentary were also cut from the DVD release.

Sequel

In December 2014, ESPN released a second 30 for 30, titled The U Part 2. The film documents the second rise to glory of the Miami Hurricanes football team in the late 1990s and early 2000s followed by the eventual fall of the program, due largely to a scandal in which multiple top players accepted cash rewards from booster, Nevin Shapiro.

United States

Coordinates: 40°N 100°W / 40°N 100°W / 40; -100

The United States of America (USA), commonly referred to as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major territories and various possessions. The 48 contiguous states and Washington, D.C., are in central North America between Canada and Mexico. The state of Alaska is in the northwestern part of North America and the state of Hawaii is an archipelago in the mid-Pacific. The territories are scattered about the Pacific Ocean and the Caribbean Sea. At 3.8 million square miles (9.842 million km²) and with over 320 million people, the country is the world's third or fourth-largest by total area and the third most populous. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries. The geography and climate of the United States are also extremely diverse, and the country is home to a wide variety of wildlife.

Peter Schiff

Peter David Schiff (/Ë?Ê?ɪf/; born March 23, 1963) is an American financial analyst, stockbroker, author, and one-time Senate candidate. He has appeared as a guest on numerous financial television shows and has been quoted in major print publications as a financial analyst and economist. He is host of The Peter Schiff Show, an audio show broadcast on terrestrial and Internet radio, and he was formerly host of an Internet podcast called Wall Street Unspun, now archived as podcasts.

Schiff's supporters state that he correctly warned about collapses in the housing and financial markets that led up to the financial crisis of 2007-08. However, since 2008, Schiff has made a series of discredited predictions of hyperinflation and economic ruin; for example, predicting that the price of gold would rise to $5,000 per ounce by 2015.

Professionally, Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is founder of Euro Pacific Canada Inc., a Canadian registered global brokerage firm headquartered in Toronto, with offices in Burlington, Ontario; Montreal; Vancouver; and Tokyo. He is also founder and chairman of Euro Pacific Bank Ltd., offshore bank based in St. Vincent and the Grenadines; founder, CEO, and chairman of Euro Pacific Asset Management, LLC., a asset management company founded in Newport Beach, currently relocated to San Juan, Puerto Rico, since 2013; and founder and chairman of SchiffGold, a precious metals dealer based in Manhattan. He repeatedly expresses bearish views on the US economy and dollar and bullish views on commodities, gold, and foreign stocks and currencies.