Flagstar Bank, the ninth-largest mortgage lender in the United States, must face trial over allegations that it breached contracts for financial guaranty insurance on nearly $1 billion in securities backed by home equity loans.
Mitt Romney’s comment that 47 percent of Americans don’t pay taxes and therefore are not likely to respond positively to his stated opposition to tax increases has been called a “gaffe.”
MONEY FOR NOTHING is an independent, non-partisan documentary film that examines the Federal Reserve from the inside out - in a critical yet balanced way.
Readers may know the Chicago Fed best for its president: arguably the greatest dove in the history of central banking, Charles Evans, for whom QEternity is so insufficient, it is just the beginning, and he is already looking forward to QEternityͩ
Since it is now quite clear that despite calling for even endless-er QE, the uberdovish Chicago Fed, and by implication the entire FOMC, is still clueless about the two most critical processes of modern fiat-based economics...
As a departure from my usual rants, I’m providing the checklist below as a public service. It is a checklist of what absolutely has to be done at a minimum to restore prosperity to the United States, to stop the debt death spiral, and to end wild ec
Yesterday, we highlighted a note from Deutsche Bank chief equity strategist Binky Chadha pointing out that hedge funds are still underweight stocks while inflows into equity ETFs – a common investment vehicle for retail investors – are surging at rec
Hey everyone. I just wanted to get your insight on something my friend said to me recently that's a bit of a conundrum for me. Let me preface this by saying that I'm current on all my student loans and bills.
A quiet day on Wall Street turned into the worst sell-off in 3 months after a Federal Reserve official said he doubted the bank’s effort to boost economic growth would work. Charles Plosser, president of the Fed’s Philadelphia branch, told an audienc
General Motors is becoming China Motors. Forget the spin. The evidence is clear and convincing. Did U.S. taxpayers save GM for China? Listen to the candid comments of GM's CEO.
With another syringe of quantitative easing being injected into the U.S. economy's bloodstream, Ben Bernanke is giving the markets their liquidity fix.
There are few things I can envision more boring than a debate between Libertarians. In contrast to the unprincipled, but always interesting, answers generally presented by both Democrats and Republicans, Libertarians tend to give the same answers ove
Mark Warden, state Rep from New Hampshire, Porcupine Realtor, and Free State Project member, talks about politics, real estate, and the future - Martin Hill, publisher of LibertyFight.Com, on his promotion of liberty and small government
A deeply divided and unproductive Congress wrapped up its final business before November's elections early on Saturday as the U.S. Senate passed a stopgap measure to fund federal programs and avoid an October 1 government shutdown.
The Washington region has emerged from the recession looking even more affluent compared with the rest of the country, boasting seven of the 10 counties with the highest household incomes in the nation, new census numbers show.
The Atlantic has been on the Millennial beat for a long time, explaining why 20-somethings aren't buying cars or houses or cable subscriptions, not getting married, not having children, and sometimes not even moving out of their parents' basements.
The "fiscal cliff" looms in the United States as lawmakers face the possibility of automatic tax increases and spending cuts at the beginning of next year unless a deal can be reached to avert them.
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