If you're retired, you can't afford to believe this nonsense
Alcoa has suddenly become one of Wall Street's most loved stocks.
Periods of low volatility in the stock market are always followed by periods of high volatility. Always.
My strategy is nearly foolproof. The setup is easy to spot. Almost every time it happens, shareholders see a huge short-term pop in the stock price. I'm talking about one of my favorite strategies for buying large-cap banks.
They say nobody rings a bell at the top of a bull market. But that's a lie.
There is a battle shaping up, and it very well could be for the health of our country as a whole. Some seem to be getting the message and some don't. Here we have our take on the upcoming fight and what the cuts entail. Wouldn't it be nice to see s
To summarize: 108.616 million people in America are either unemployed, underemployed or "Not in the labor force". This represents 45.5% of working age Americans.
20 percent of the residents of Los Angeles County are now receiving public aid of one kind or another.
The Recession wiped out what amounts to every U.S. job created in the 21st century. But even if the recession had never happened, if the economy had simply treaded water, the United States would have entered 2010 with 15 million fewer...
The collapse of Arizona's housing economy in 2006 and the near-collapse of the U.S. financial system in 2008 essentially stripped the veneer of middle-class prosperity from hundreds of thousands of metro Phoenix families.
Expect turbulence ahead
This, incidentally, is why median incomes haven’t moved upward at all in the last decade and why it seems to be harder and harder every year to maintain a middle-class lifestyle - and has been since the 1950s. The loss of purchasing power...
Construction sales-tax collections have fallen to $13.4 million in the past fiscal year from $32 million in the 2008 fiscal year, a decline of 58 percent.
JP Morgan is the largest processor of food stamp benefits in the United States. JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia. JP Morgan is paid for each case that it handles...
California adds just 4,900 jobs in December, with the government and construction sectors shedding thousands of positions. L.A. County's unemployment rate hits 13%.
Legislation that would allow U.S. states to file for bankruptcy will likely be introduced in Congress within the next month, Newt Gingrich, the former speaker of the House of Representatives and a powerful Republican party figure, told Reuters on Fri
Among Claims including malfeasance, statutory violations, and unfair business practices, a California team of attorneys is accusing the nation's largest lenders of violating “proof of funds” provisions of the USA PATRIOT ACT. The law firms of Kramer
Jerry Brown, California’s governor, declared a state of fiscal emergency on Thursday for the government of the most populous US state to press lawmakers to tackle its $25.4 billion budget gap.
Congressional conservatives on Thursday demanded far more dramatic reductions in government spending than House GOP leaders have recently proposed, in the first sign of a fissure between old-guard Republicans and tea-party-backed newcomers.
What Does China Want? - The CIA's 'Personality Transformation' Program - Thinking About Expatriation or Giving Up U.S. Citizenship? - Money Supply Firing on All Cylinders? - Whatcha Gonna Do When They Come for You?, and they're on steroids?
The credit woes of state and municipal governments are a direct result of Wall Street’s malfeasance. Their borrowing costs first shot up in 2008, when the “monoline” bond insurers lost their own credit ratings after gambling in derivatives. The Fed’
Attention Teachers, Police, and Firefighters: You are royally F@#$ked: Says Barry Ritholtz
"Obviously what this means for equity investors in assorted muni investments is a complete wipe out is becoming a possibility, as Meredith Whitney's prediction, which everyone was quick to mock & ridicule, is about to come back with a vengeance
Policy makers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers.
A Food Freedom Revolution - Living Off the Grid…in Suburbia? - 'Vitriolic Rhetoric' - Military Dopers, Bob Wenzel on the US's zombie armies
Chinese President Hu Jintao sought Thursday to assure U.S. business executives with ties to China that his country is not a military threat to the United States but an economic partner ready to help lead the world to full recovery from the deepest fi
The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words...
No, I am not actually a junkie of any sort but I sometimes feel like it when I reflect upon my history of borrowing funds against the estimated value of my home.
The global economy has become so unbalanced that even government ministers who would normally have trouble explaining supply or demand clearly recognize that something has to give.
Banks and bankers lead the way.