Oil major Royal Dutch/Shell is seeking to work around international sanctions by repaying a $1.4 billion oil debt to Iran with a grain barter deal via U.S. agribusiness giant Cargill, industry sources said.
If you still have a good job, you might want to hold on to it very tightly because there are a whole bunch of signs that unemployment in the United States is about to start getting worse again.
Bad news will greet Vice President Joe Biden when he arrives in Wisconsin Thursday night. Hours earlier, Oshkosh's largest employer announced that it will lay off 450 employees in January.
The number of American workers collecting federal disability insurance benefits hit yet another record high in October, according to the Social Security Administration.
Historically, the act of bartering has flourished in times of monetary crisis, such as when the currency in a country has become unstable (e.g. Hyperinflation or a deflationary spiral) or currency is simply unavailable for conducting normal purchasin
A group of high-profile business leaders sounded the alarm about the deficit. Top executives from Honeywell, JPMorgan and Express Scripts as part of a campaign to enact major deficit reduction through the negotiations over the “fiscal cliff.”
The fiscal cliff is still two months off, but the scheduled blast of tax hikes and spending cuts is already reverberating through the U.S. economy, hampering growth and, according to a new study, wiping out nearly 1 million jobs this year alone.
In preparation for the launch of the Silver Circle Movie, a commemorative graphic novel has been released. There will be a comic book bomb on Halloween. Everyone who signs up on the Facebook event will be entered into a drawing to receive a free copy
Multitasking has gotten a bad rap recently—more than one study has shown it makes you less efficient and, well, stupider. (As someone once said, “Multitasking means screwing up several things at once.”)
Murder the Iranians? - Far better to negotiate, says Pat Buchanan / Israel, Israel, Israel, Israel - Justin Raimondo sums up the "debate." / Institutions Will Fail, Fortunes Will Be Lost / Riots and Civil Unrest Ahead / Need Some Energy?
Why I Won't Vote / Top 11 Movies About Politics / Your Money Isn't Safe
/ Modern Wheat Is Toxic / Dangerous Books? / The Sad History of US Peace Negotiations
Stocks traded near session lows Tuesday, with the Dow down nearly 250 points, following a batch of disappointing quarterly results and amid worries over Spain's economy. The Dow and S&P 500 are seeing their worst one-day drop since June.
We had Gary Shilling on DailyTicker last week. No matter who wins the presidential election in two weeks, he's not optimistic about the near-term outlook for the economy...
The Telegraph's Ambrose Evans-Pritchard has caught up to a working paper entitled "The Chicago Plan Revisited" issued by IMF staff members Jaromir Benes and Michael Kumhof.
As the german "Bild" newspaper reported on Monday, Bundesbank (Germany’s central bank) board member Carl-Ludwig Thiele had addressed a letter to Mißfelder and Wanderwitz. In the letter, the German banker writes, that the central banks in Paris and Lo