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Owner Caleb Magoon, 29, stopped dispensing pennies when giving change. While the store will still accept the “outdated, outmoded, overpriced nuisance of coinage” from customers, “We’re not actively using them,” said Magoon.
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The Federal Reserve opened a major new offensive in the battle to reduce unemployment, launching its most extensive effort to stimulate the economy in the past two years. The Fed announced a round of bond purchases targeting the mortgage market, a po
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The median income of American households dropped to its lowest level since 1995 last year, extending its decline during President Barack Obama’s tenure and highlighting the depth of the damage to the middle class inflicted by the recession and weak r
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The Federal Reserve, worried that improvement in the unemployment rate has stalled, announced a third, large purchase of bonds on Thursday in an effort to bring down long-term interest rates and spur growth.
Radio/TV •
Economy - Economics USA
Host:
Ernest Hancock
(MP3 and Video Loaded) - Bob Precheter (Elliott Wave International) on the future market trends - Terry Bressi (CheckPointUSA.Org) - Sanjiv Bhattacharya (U.S. Correspondent with Esquire Magazine U.K.) on the r3VOLution
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The depression and panic will come before the current administration goes out of office.
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In the aftermath of one of the worst recessions in history, more Americans have limited or no interaction with banks, instead relying on check cashers and payday lenders to manage their finances. Not only are these Americans more vulnerable to high f
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If you had sticker shock at $4 a gallon for gas, get ready for $9 gas. Several LukOil franchise owners raised their prices to more than $8 a gallon to protest what they say is the company's unjustified pricing policies.
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Yesterday, news broke that the US government has awarded a whopping $104 million to convicted felon and former inmate Bradley Birkenfeld.
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The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in
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The supreme illicit fraud of central banking embodied in the Federal Reserve, acts as a private piggybank for favored cartel thieves. The liquidity of unlimited credit transfers to banksters, especially at zero interest, financed by unimaginable new
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*MOODY'S SEES CUTTING U.S. WITHOUT DEAL TO LOWER DEBT/GDP RATIO
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Every single year, millions of young adults head off to colleges and universities all over America full of hopes and dreams.
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Starting next year, new rules designed to prevent another meltdown will force traders to post U.S. Treasury bonds or other top-rated holdings to guarantee more of their bets.
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The Federal Reserve is ultimately a Cargo Cult, founded on fantasy and a boundless faith that management perception will bring back the cargo ships of debt-based "growth."
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German Finance Minister Wolfgang Schaeuble questioned how the United States could deal with its high levels of government debt after November's presidential election. [Pssst don't fret Fritz, they will print money to pay you off.]
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Budget negotiations likely to determine AAA rating and outlook. If budget talks do not produce downward trend in debt-to-GDP ratio, rating likely to be lowered to AA1. Assumes “relatively orderly” process for increasing debt limit.
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Bill Taren, a retiree near Orlando, Fla., discovered in August that his credit union would pay only 0.4 percent annual interest on his saving account, even though inflation averaged 2.8 percent over the last year. So he and his wife decided to just
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The North American box office hit a slump at the weekend, with top earner "The Possession" taking in less than $10 million and what could be the gloomiest overall haul since the aftermath of the September 11, 2001, attacks on New York and Washington.
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Secret Police Murder and Cover-Up, Jesse Trentadue on OKC, false flags, and the death of his brother / State 'Justice'? / Hit Me, Hit Me, Says the DNC / Are You a Christian Nonvoter?,... Let's hope so
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“No economy can grow faster than its transportation network allows,” AP quoted a statement by U.S. Transportation Secretary Ray LaHood applauding the result of the state legislature’s vote. “With highways between California cities congested and airsp
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Too Much Government Debt Hurts the Economy … But Too Much Private Debt Kills It
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Tiny advances are loudly proclaimed as the industry battles over fractions of an ever-vaster global mobile market.
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Anyone with a Facebook account can vote for their favorite charity. This supersedes information I gave earlier regarding a need to have a Chase account to vote.
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CNBC's David Faber reports that if you had invested $100 four years ago in Citigroup, Bank of America, Morgan Stanley, Goldman Sachs, AIG and convicted ponzi schemer Bernie Madoff, this is what you would have as of yesterday’s close:
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Catherine Austin Fitts calls what happened to the U.S since the market meltdown of 2008 a “fiscal coup d’état.”
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Why did people walk away? Did they struggle with morality? Would they recommend walking away to others?
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Manufacturing in the United States continued at a tepid growth rate in August, new data out of Markit Economics shows.
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Central bankers Debating the Limits of Power in Jackson Hole are wondering what's holding back the economy.
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U.S. lenders are giving as large a portion of new car loans to subprime borrowers as they did just before the start of the financial crisis, according to a new study.
