Treasury Secretary Geithner delivered an unusually direct plea to pump money into their economies now to his counterparts in Europe. But he got a chilly response. The European finance ministers seemed to bristle at him intruding on their affairs.
School'n the liberal media... Author James Bovard and Donna Cooper, senior fellow at the Center for American Progress, explain why training programs don’t improve employment numbers.
Jim Cramer, CNBC host: "Now let's talk about the fact that you said the economy is weak. You put out a jobs plan."
Nearly one in six Americans was living in poverty last year, the Census Bureau reported Tuesday, a development that is ensnaring growing numbers of children and offering vivid proof of the recession’s devastating impact.
JUST outside this prairie town, seven vast buildings, each painted brick red, are lined up along a highway bordered by grain fields. These single-story structures have no smokestacks or any other indication that they are, in fact, very busy factories
The bitcoin, a virtual medium of exchange, could be a real alternative to government-issued money—but only if it survives hoarding by speculators.
Video: CNN's Piers Morgan
Ron Paul Has Saved Us From Hyperinflation - Why They Hate Us - October's Big Unraveling and Our Winter of Discontent - Could the Presidential Election Turn on a Dime? - Ron Paul's silver dime, that is. Article by Bill Watkins.
Obama handouts to the rich plan
According to WSJ, the layoffs may actually hit 40,000.
Another $15.7 billion went up the chute of our youth in student loans last month. Non-revolving credit from all sources was up by $15.4 billion, so absent the student loans there was an approximately $300 million decrease in non-revolving debt...
Article from the June 2006 International Speculator
The U.S. Senate, in an unusual procedure, cleared the way Thursday for the U.S. to lift its borrowing authority by $500 billion to $15.19 trillion, enough to keep the support federal government borrowing through late January or early February. The
The Arizona Bankers Association (AzBA) would like to recognize the significant impact our member banks have within the communities where they do business. Using 2010 data, collected and aggregated, AzBA has created a publication highlighting these g
The US economy and the view from Ben Bernanke's Ivory Tower can be as confusing as it is fictional! Back in April I had written an article that compared Fed Chairman Ben Bernanke to a medical school professor who had never actually operated on a
Bank of America is doomed, Says Chris Whalen -- Stop Firing People And Just Declare Bankruptcy Now
Even if everything Lord Keynes wrote about a capitalist economy is right, Nicholas Wapshott is wrong to write about Keynes that “we owe our understanding of how an economy works to him”
THE 5 percent of Americans with the highest incomes now account for 37 percent of all consumer purchases, according to the latest research from Moody’s Analytics. That should come as no surprise. Our society has become more and more unequal.
I’d love to be wrong about this and see another buoyant September in the tradition of 2010 or 2009 but something tells me we will not be quite so fortunate this year.
Initial jobless claims missed expectations, jumping 414K. That's worse than the 405K that analysts had expected, and the upwardly revised 412K from last week.
In a preview of the speech he will deliver Thursday, the president challenged Republicans to create new jobs.
Here’s something to distract you — or perhaps help to explain? — today’s markets.
Ongoing mainstream America depression
Warns Of Collapse Of Banking System And Civil War
A day to remember
He says, "The only sane way of fixing this and I mean fix it so that Bank of America comes out of the process restructured, ready to support growth, support leverage, is a classic chapter 11..."
In an article in The New York Times on August 19th titled “The North Dakota Miracle,” Catherine Rampell writes: Forget the Texas Miracle. Let’s instead take a look at North Dakota, which has the lowest unemployment rate and the fastest job growth rat
The "importer of last resort based on credit" scheme is unraveling, as the U.S. allowed its own production capacity to be hollowed out and replaced by ever-higher and more burdensome credit-based consumption.
One mind-boggling result cited by Alan of the banks becoming prey to the casino mentality is that dollar trading volume now weighs in at four times gross domestic product — that’s right, quadruple GDP — and up a full tenfold what it was...