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Investor and writer James Altucher has an interesting post up at TechCrunch about a patent-infringement lawsuit that might soon be lobbed at Google.
When Frank Verna pulls up to a battered, four-unit apartment building at lunch hour, he's just over a mile as the seagull flies from the gated oceanfront palaces of South Florida's wealthiest.
How Does $1,000 For House Fires And $600 For Car Fires Grab You?
Lottery ticket-holders in Illinois, Kansas and Maryland each selected the winning numbers for the world record-breaking $640 million Mega Millions jackpot
The US electronics retail chain Best Buy on Thursday announced it would close 50 stores this year and lay off 400 corporate and support workers as part of a plan to cut $800 million in costs and restructure its business.
The housing recovery seems to have been a temporary affair. Preliminary data frames March as weak as last October.
Obama administation proposes new policy for collecting public student debt
“Broad U.S. business activity remains far from being recovered, despite the ongoing GDP-reporting nonsense that shows inflation-adjusted economic activity above the peak levels that preceded the 2007 recession.”
The food bank in Eugene says it’s facing a shortage of protein brought on by rising Asian demand for meat and domestic animal production squeezed by high feed costs.
Economic disaster coverup
Why save when one can spend (and, more importantly, why save when one has ZIRP)?
It was simply too expensive to compete with Jimmy Stewart thrifts. It required fraud to show profits. (As Bill Black always says: fraud is a sure thing. It is always the most profitable way to run a business—until you get caught.)
Some of Wall Street’s biggest banks are bracing for fallout from a possible cut in their credit ratings. Moody’s Investors Service, one of the two big ratings agencies, has said it will decide in mid-May whether to lower its ratings for 17 global
The House of Representatives on Thursday approved a $3.5 trillion budget plan proposed by Rep. Paul Ryan (R-Wis.) on a 228 to 191 vote, largely along party lines. It was a dramatic departure from the night before, when lawmakers took up a plan bas
1942 Wickard vs. Filburn, "it is hardly lack of due process for the government to regulate that which it subsidizes." A vast increase in political-bureaucratic control over American life, even though the court's ruling rested on mind-boggling econom
While the United States remains mired in the deepest slump since the Great Depression, President Barack Obama is touting a modest improvement in employment over the past several months to boost his electoral prospects in November.
Last year the Fed purchased a stunning 61% of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis.
"No government will want its citizens to read this book. Because, in a nutshell, Goyette’s thesis for how individuals are to once again become prosperous: ‘The government must stop.’" - Powell Gammill, Freedom’s Phoenix
The housing market started the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.
Can Newt Gingrich really lower gasoline prices to $2.50 per gallon? With his pro-war foreign policy, not a chance in Hell.
Many young people are choosing to live at home for a longer period of time instead of buying. Moreover, would-be homebuyers are settling into modern apartments and condominiums, further hindering a housing rally.
BALTIMORE (WJZ)—Just when you thought it couldn’t get any worse, gas prices are up again this week.
Every quarter the Office of the Currency Comptroller releases its report on Bank Derivative Activities, and every quarter we find that the Too Big To Fail get Too Bigger To Fail.
36 students arrested at headquarters of student loan provider Sallie Mae
Michigan's Court of Appeals has cleared the way for a team appointed by the governor to come up with a consent deal to keep afloat Detroit, America's historic "Motor City," which could run out of money in months. The pressure on Detroit is intense
Move over, flash mobs. "Cash mobs" are coming.
The vast majority of tax breaks in the US tax code would be hard to cut because they promote important social goals or are “hugely popular” with voters, according to analysis that casts doubt on GOP promises to substantially lower tax rates without a
Newtie won’t bring you $2 gas – and forget about BHO. He wants to bring you $8 gas – in line with what Enlightened Europeans pay. But there is a way to fill your tank for about $2 per gallon – using the Fed Funny Money in your pocket, too.
Sturm, Ruger & Co. has received orders for more than one million units. Therefore, the Company has temporarily suspended the acceptance of new orders.
I don't believe in any state intervention in the economy whatsoever, but in the crisis of the early 1980s, then-Fed Chairman Paul Volker headed off a depression and set the stage for a strong recovery by keeping rates very high – on the order of 15-1
