A painful exchange with a young student who's organizing for free public colleges, cancellation of all student debt and $15/hour minimum wage for all campus employees. She doesn't really know how to pay for it, unfortunately.
The September jobs report, which was released in early October, was so universally dismal that it managed to convince the majority of investors the Federal Reserve would not raise interest rates in 2015.
The U.S. House of Representatives on Thursday approved a bill that would make the Federal Reserve set interest rate policy using a mathematical rule, a proposal that has little chance of becoming law given a White House veto threat.
Wall Street ended a little lower on Thursday as falling healthcare stocks offset gains in Intel and other technology names while investors eyed an expected rate hike in December.
This year has been a disappointment for investors.
Fund $106,000 Margin Call. And now, what may be the craziest story of the day.
In the last few months we have warned of the "perversions" in US money markets (here, here, and most recently here) adding that "to ignore them at your own peril."
Single-Family Down 2.4%, Multi-Family Down 25%; Hidden Strength?
Léon Walras is the patron saint of modern economics.
The U.S. consumer can't keep carrying such a big load.
The Federal Reserve is on the verge of relinquishing the tools it used to rescue American International Group Inc. and Bear Stearns Cos.
Investors who piled into anything and everything in the junk-debt market in recent years have begun to run in the other direction at the first sign of trouble.
Nearly 92% of economists surveyed this week by the Wall Street Journal expect that our eight-year experiment with unprecedented monetary easing from the Federal Reserve will come to an end at the next Fed meeting in December.....
Following September's strongest Core CPI gain since June 2014, October accelerated that modestly with CPI ex food and energy rising 1.9% YoY.
The kneejerk shock from this weekend's Paris terrorism, which briefly pushed S&P futures below 2000, is now a distant memory, and has been replaced with another breathless, violent rally for the second day in a row
Paul Rosenberg was recently invited to the Bitcoin Investor's conference in Las Vegas as a keynote speaker. This is the recording of his speech, given October 30th, 2015, at the D Hotel & Casino. We think you'll enjoy it.
Recently, I received an article by Alasdair Macleod, entitled "Economics of a Crash." It's an excellent overview of what's to come over the next few years.
A new alert has been released by the Washington State of Financial Institutions and the Tennessee State Government, "Beware the Next Big Investment." It warns investors to ask questions and "do their homework" regarding digital currencies, ma
The same economic factors that brought Rockwell Automation Inc.'s sales and earnings down in its fourth fiscal quarter don't show any signs of improving in the first half of fiscal 2016.
"People's confidence that the consumer can somehow offset this industrial recession that we've had is really being shaken to the core with the disappointing numbers from some of these major retailers" - James Abate, CIO of Centre Funds.
Oil slumped again on Friday, extending the week's loss to the largest in eight months, as swelling storage of crude on both land and sea pressured prices.
This summer's market mayhem caused Americans to buy gold bars and coins at levels unseen since the financial crisis.
So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes.
What do you say to people that have completely lost all hope that things will ever get any better?
Over a third of America's young women live at home with their parents or relatives - a percentage not seen since 1940 - as more millennial women put off marriage, attend college, and face high living expenses, according to Pew Research Center.
"Keeping the Dying Economy Afloat": Something Very Strange Is Taking Place Off The Coast Of Galveston, TX
Bonds are back in town and stocks are tumbling.
In the first of 6 Fed speaker scheduled today, St. Louis Fed's Bullard did what Fed presidents usually do: issued the usual tripe of contradictory statements.
Bond traders' inflation expectations are way too low, say analysts at Goldman Sachs Group Inc.
The stronger dollar and a persistent slump in demand from China rekindled a selloff in commodities, while Mario Draghi's signal that he's concerned about global growth weighed on equities from Europe to America.