U.S. stocks advanced, sending the Standard & Poor’s 500 Index to the highest level in more than a month, as the Federal Reserve begins a two-day meeting to decide whether more monetary stimulus is needed to boost the economy.
The tax hikes which are schedule for 2013 could shave 5 percent off GDP and throw the county into a full-fledged depression.
Foreign demand for U.S. Treasury securities rose to a record high in April. China, the largest buyer of Treasury debt, increased its holdings slightly after trimming them for two straight months.
Despite all of the Federal Reserve’s interventions, the U.S. economy remains moribund. To borrow a term from Lord Keynes, the Fed is “pushing on a string.” What is a central planner to do?
It was late at night in October of last year when the strange email arrived. In fact, I only read it by accident and did not delete it by some miracle of fate. Before the Euro Crisis erupted in 2009, I was just another economics professor, minding
Ron Paul Won't Endorse a Fascist Warmonger - The Conspiracy Against Russia - The Drive for Another World War - Has the State Made Science and Technology Frightening? -
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"This report reveals the inherent conflicts of interest that exist at the Federal Reserve. At a time when small businesses could not get affordable loans to create jobs, the Fed was providing trillions in secret loans to some of the largest banks an
Wallet Voting began producing Silver Dime [and Quarter] Cards in 2010 to provide a smaller-valued unit to compliment the rise of precious metal barter and to create a convenient educational tool for Austrian School concepts such as...
It is not a waste of time to revisit the topic of business bashing, especially in light of President Obama's current attacks on wealth creation. He says he prefers job creation, as if the latter were possible without the former.
The world is on now on the brink of a global credit crisis that could be far worse than the tumultuous events of 2008.
Who Foments War? - Crooked Elections, Crooked Markets, Crooked Numbers - Heaping Disrespect on Those Who Desperately Deserve It - Hitler's Favorite Bible Verse - The Anti-Golden Rule Empire - Why Are We Obsessed With Zombies?
Hi, Just wondering if you could add something to your information on Montana and Idaho? Could you tell us a little about the differences in property taxes in these states.
policies have threatened their power – and their very existence in one of the most pro-union states in the country - Republicans and Democrats alike will perceive them as weak. The state’s labor unions – including the AFL-CIO, AFSCME and the SEIU – c
Several weeks ago, a most intriguing exchange occurred on Bloomberg News wherein presidential candidate Ron Paul, the foremost voice for Austrian School economic policies, faced off against Paul Krugman, New York Times economic columnist and recent w
Good morning. Here's what you need to know.
The recent economic crisis left the median American family in 2010 with no more wealth than in the early 1990s, erasing almost two decades of accumulated prosperity, the Federal Reserve said Monday.
Good morning. Here's what you need to know.
Beneath a photo of Fed Chairman Ben Bernanke, the headline on the Drudge Report Wednesday read "WAITING."
Depositors withdrew a total of about $100 million per day over the last month in a safe-haven bid fueled by uncertainty over policies that might be adopted as pressure grows to keep U.S. currency in the country.
After Bernanke's testimony on Thursday, expectations that the Fed would do QE3 at its June 20 dropped sharply.
Fitch Ratings reiterated on Thursday it would cut its sovereign credit rating for the United States next year if Washington cannot come to grips with its deficits and create a "credible" fiscal consolidation plan. It also said it would immediately
Trust and confidence in the stock market has been shattered in the past few years.
The Federal Reserve released a proposal to enact an international agreement on higher capital standards for banks, known as Basel III, that largely rejects pleas by the U.S. banking industry to soften parts of the new standards.
Why would the Fed push for another round of quantitative easing when the first two rounds have failed?
What if a social problem accounted from most of the increase in poverty, most of the increase in school dropouts and academic difficulties, most of the increase in behavioral problems and crime, most of the increase in the income gap between rich and
The WSJ's Jon Hilsenrath -- whom Cardiff Garcia has dubbed "Fedwire" -- reports that more Fed action is now officially on the table due to the slew of weak incoming data.
The Fed and the ECB take a lot of lumps, but the world's worst central bank might be the Bank of Japan.