Turbo Tim was president of the New York Fed during the five years prior to his appointment as Treasury Secretary. Becker and Morgenson pointed out many of the ways in which "conflict of interest" seems to be one of the cornerstones of that institutio
Where can politicians who grapple with the problems of health care go for answers? They need not look any further than their local stores. Down the beer aisle, to be exact.
The mine was owned by Chevron until last year when it sold the mine, facilities and name to an investment vehicle called Rare Earth Acquisitions LLC, owned in varying degrees by Goldman Sachs,
[Or help THEM find YOU]
When someone breaks into your home and steals your possessions, the chance of getting them back is usually slim. Now there's a new tool being used to fight back.
[In the video, they discuss how this tool can also be used to
Just words, just speeches "We are borrowing from China non-stop"
"You lose respect for people who are like that"
"We are a indebted nation that not only makes us more vulnerable, it weakens the dollar, there has never been a country in the world wh
Two federal regulators criticized parts of Rep. Barney Frank's proposal to overhaul financial regulation, saying it will let large companies escape restrictions on the types of financial products that contributed to last year's crisis.
Saudi Arabia has led a quiet campaign during these and other negotiations — demanding behind closed doors that oil-producing nations get special financial assistance if a new climate pact calls for substantial reductions in the use of fossil fuels.
Boing Boing editor Cory Doctorow issued a stern warning to Ralph Lauren yesterday on the website, saying that the company's attempt to silence their criticism has only inspired them to step up their efforts in the future:
More than a decade after former Treasury Secretary Robert Rubin made the “strong dollar” national policy, currency traders say the same words coming from the Obama administration have little meaning.
The report by Robert Fisk, the newspaper's Middle East correspondent, was published on Tuesday and cited unidentified sources in Gulf Arab states and Chinese banking sources in Hong Kong.
Al Jazeera has this exclusive interview with Robert Fisk
President Barack Obama's adviser on Muslim affairs, Dalia Mogahed, has provoked controversy by appearing on a British television show hosted by a member of an extremist group to talk about Sharia Law.
Asian central banks intervened heavily in the currency markets on Thursday to stem the appreciation of their currencies against the US dollar amid fears that their exports could be losing ground against China.
A skillful veteran letter is sanguine about stocks — but positively gleeful about gold and other hard assets. Mary Anne and Pamela Aden’s Costa Rica-based Aden Forecast first came to fame in the last great gold bull market three decades ago.
Yet we were dumbfounded by this piece of information, presented to us by Jim Bianco, which demonstrates that the Fed's monetization of Agencies is far more blatant than anything even encountred in Treasuries.
Leaders in the House and Senate have a plan to pass President Barack Obama’s sweeping health care plan by Thanksgiving without any significant participation by the American public. CNS News has confirmed the details in our September 22nd titled “Pass
For months I have been warning readers to pay close attention to what has been happening behind the scenes in the financial sector of the country. My sources have issued several clear warnings concerning the volatility of the markets and the precari
I took up Phoenix libertarian Ernie Hancock's invite to be on his Webcast Wednesday morning, after much prodding from Hancock and his supporters. Alas, I couldn't make it into the studio. (Sorry, Ernie, I've never been an a.m. person.) Still, we spen
The FBI had Hosam "Sam" Smadi under surveillance in the months before the Jordanian national was accused of trying to blow up a Dallas skyscraper, according to newly released court documents.
But tracking him wasn’t without its problems, accordin
Democrats pushed ahead Wednesday with a $42.8 billion homeland security budget that keeps alive the goal of closing Guantanamo someday while preserving President Barack Obama’s discretion — in the interim — to bring detainees into the United States f
The arrest of a New Yorker for using Twitter to alert protesters to police movements at a meeting of world leaders in Pittsburgh last month would be deemed a human rights violation if it happened in Iran or China, rights activists charge.
Pittsbur
Assaulting people because of their sexual orientation would become a federal hate crime in legislation the House is set to vote on Thursday. The bill would significantly expand the hate crimes law enacted in the days after Martin Luther King Jr.'s as
It’s the biggest mystery in global finance right now: Who conducted a sneak attack on the U.S. dollar this week?
It began with a thinly sourced but highly explosive report Monday in a British newspaper: Arab oil sheiks are conspiring with the Russ
A Senate Democrat who's been worried about the impact of impending climate and energy legislation on manufacturing said Wednesday that he'd back the historic legislation if it contains enough investment incentives and protection for American busines
If you missed David Malpass' great op-ed in the WSJ earlier, we suggest you read it. For those pressed for time, David summarized his thoughts on what the ongoing dollar deterioration will do to the economy in the following CNBC clip.