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The U.S. dollar continued to tumble against most Asian currencies Thursday, prompting a wave of foreign-exchange intervention by central banks in South Korea, Taiwan, the Philippines and Thailand seeking to limit damage to their export industries.
The U.S. dollar continued to tumble against most Asian currencies Thursday, prompting a wave of foreign-exchange intervention by central banks in South Korea, Taiwan, the Philippines and Thailand seeking to limit damage to their export industries.
"I think that's part of the administration's plan.
When David Paterson became governor of New York after Eliot Spitzer's hooker escapades, the former state senator from Harlem shocked New Yorkers by declaring that taxes were too high and that he had many friends who had left the state because there w
One participant says its like 3 or 4 welfare offices at one time! Scuffles erupted as several thousand Detroit residents jockeyed, pushed and shoved Wednesday to get free money being offered to only 3,500 of the city's recently or soon to be homeless
(Comment send us some Global Warming PLEASEthis is headed my way too!) If you think it's cold now in Montana and the Dakotas, just watch what happens!
Yesterday marked the anniversary of American boots on the ground in Afghanistan. Eight years into the war, the U.S. effort is adrift. Those who expected decisive action on Afghanistan from President Obama will have to keep waiting.
Today, Gary Gensler, chairman of the Commodities Futures Trading Commission (an agency with responsibility for overseeing derivatives trades) - and one of the main people who blocked regulation of CDS in the past - warned Congress about this issue
Let's cut the crap here with the claims that the "FHA is making sound loans:"The idea the FHA needs a rescue is “just plain wrong,” Stevens said in an Oct. 6 letter to the Wall Street Journal.
The Federal Housing Administration, which insures mortgages with low down payments, may require a U.S. bailout because of $54 billion more in losses than it can withstand, a former Fannie Mae executive said.
At least 47 school-age children in Chicago have been killed in homicides, mostly by guns, since the month President Barack Obama took office.
For a half-year, this editorial page has lamented the determination of President Barack Obama, Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi to fast-track extraordinarily complex legislation overhauling the U.S. health care system.
Crude-oil futures popped back over $70 a barrel Thursday as a weaker dollar and rising equities provided new support for prices.
Or did radical Bill Ayers, co-founder of the Weather Underground, write it?
AS of 7:09 AM ET CNBC and Marketwatch do not have anything on their front page about the Asian intervention in foreign currency markets to prop up the collapsing dollar.
Overnight, the U.S. dollar continued to fall against most Asian currencies, prompting a wave of foreign-exchange intervention by central banks. Things are really bad when the Philippines is propping up the dollar. The Philippines!
Maria Gurrola, still recovering from stab wounds and a collapsed lung, started crying and shaking when she learned week-old Yahir Anthony Carrillo and his three siblings would be put into foster homes. "She said them taking the kids away was a worse
Even during his most frenzied days, when Congress is demanding answers or the president is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers. They are a small cadre of businessmen who
Thomas E. Woods, Jr., is the New York Times bestselling author of nine books. A senior fellow at the Ludwig von Mises Institute, Woods holds a bachelor's degree in history from Harvard and his master's, M.Phil., and Ph.D. from Columbia University.
A loose monetary policy that created lots of cheap money, government interventions into the housing market, and the hubris of Wall Street firms deemed "too big to fail" combined to send the world economy into a tailspin, argues Swedish author Johan N
** VOTER ALERT! ** Continental Congress 2009 Election Has Begun! Vote by U.S. Mail or "Walk-in" vote this Saturday, October 10th
We believe we can use microwave heating to cause the water ice in a lunar permafrost layer to sublimate – that is, turn into water vapor. The water vapor can be collected and then condensed into liquid water." "Best of all, microwave extraction ca
NASA's Spitzer Space Telescope has discovered an enormous and previously unknown infrared ring around Saturn. "This is one supersized ring," says Anne Verbiscer, an astronomer at the University of Virginia, Charlottesville. "If you could see t
"Make no mistake. We're now in the middle of a bloodless coup – the takeover of an entire nation by the hate-America crowd – a cold-blooded gang that despises America's prosperity, our standing in the world, our trust in God and our generosity and go
In what may be the first of its kind, a man was arrested for using Twitter to notify protesters of police whereabouts in a case that shockingly violates First Amendment rights. Elliot Madison, 41, was arrested along with another man during the G-2
It was only a matter of time before Oklahoma State Trooper Daniel Martin would make headlines for losing his temper. The trooper who made national headlines in May when he assaulted a paramedic on video for not yielding is now being accused of usi
Health care legislation drafted by a key Senate committee would expand coverage to 94 percent of all eligible Americans at a 10-year cost of $829 billion, congressional budget experts said Wednesday, a preliminary estimate trumpeted by the White Hous
New York Mayor Michael Bloomberg released videos at 2 p.m. Wednesday that show violations of gun laws in three other states in a sting operation he authorized that cost city taxpayers $1.5 million and comes weeks before his bid for re-election. Th
Thanks to the less-than-visionary "leadership" of its municipal government, the friendly residents of the beautiful town of Hardin, Montana are burdened with $27 million in debt for a huge, empty prison and a business deal with a shadowy mercenary gr
Convicted sex offender James Nichols said he was trying to better himself by going to church. But the police who arrested him explained: The church is off-limits because it has a daycare center. Now Nichols is challenging North Carolina's sex-offe
