With Bank of America's announcing two big legal settlements Monday, it appears the Charlotte-based bank is hustling to clean up its mortgage portfolio
More from Seeking Alpha: There is a bit confusion around on the impact of the Trillion Dollar coin that is being talked about these days. Here's the backstory.
Large U.S. cities that the rest of the world used to look at in envy are now being transformed into gang-infested hellholes with skyrocketing crime rates.
The lawsuit contends that the onerous nature of the rescue — funneling of billions to the insurer’s Wall Street clients — deprived shareholders of billions of dollars and violated the 5th Amendment, which prohibits the taking of private property for
NOBEL PRIZE WINNER PAUL KRUGMAN: Obama Must Be Ready To Mint The Trillion Dollar Platinum Coin
Here’s an example of a ludicrously wrong forecast that didn’t touch the fundamentals: In 1929 the great American economist Irving Fisher famously declared that stocks had reached a permanently high plateau; worse yet, he attributed this rosy future t
In Ayn Rand’s "Atlas Shrugged," society begins to crumble after the world’s most successful entrepreneurs, inventors, scientists and business people withdraw their services from a culture that disdains success and rewards failure by
Bonds have been in a monster bull market for decades.
The last couple of days we've been talking about the Platinum Solution to the Debt Ceiling crisis, namely that the Treasury could mint a trillion dollar platinum coin and deposit it at the Fed,
Knowing and adapting to big industry trends is one of the key tests for any manager.
No one knows for sure what will happen next in the stock market.
In this episode, Max Keiser and Stacy Herbert argue over whether things are looking better or worse for the American worker. While Stacy argues that the return of some manufacturing is a sign that wealth creating jobs may return to the US, Max counte
Statement on the Motion to Concur in the Senate Amendments to H.R. 8
Should Congress fail to extend the US debt limit — reached again on Dec. 31 — the president could ask the Treasury to begin printing trillion dollar coins, which could then be put toward fulfilling debt obligations if new legislation stalls in Congre
On January 1, 2000, the world breathed a collective sigh of relief that the over-hyped Y2K fiasco dissipated without even a whimper after years of ballyhoo. Some things never change. As expected, at the last moment, Democrats and Republicans ca
Small-cap stocks will be a key driver of the broader market should the U.S. and global economies continue to improve. In 2012, small-cap stocks trailed only the technology sector as far as performance. The Russell 2000 has been advancing since the en
One of the biggest investor mistakes by the average retail investor is to be late to cash in on an investment theme. These investor mistakes are not limited to just the stock market, but all types of investments. If we look at investor mistakes by th
In Game Theory, there’s a famous hypothetical scenario called the Prisoner’s Dilemma in which two criminal suspects are apprehended by police and given a choice: stay silent, or rat out the other guy.
While some were concerned at the Fed's new quantitative targets as suggesting early tightening, it appears (from the FOMC Minutes) that those fears were somewhat warranted (with most seeing QE ending in 2013):
Breaking Tim Geithner news from Bloomberg. The Treasury Secretary plans to leave Washington before the debt ceiling debate, Hans Nichols reports.
In their daily briefing, Deutsche Bank commodities analysts Michael Lewis and Christina McGlone point out that in 2012-
Ben Swann takes a look at the fight between liberty (ron paul) republicans and establishment republicans for control of the miami-dade county gop
The U.S. Senate voted 89-8 to approve legislation to avoid the fiscal cliff despite having only 3 minutes to read the 154-page bill and budget score.
The "fiscal cliff" deal reached by the Senate and the White House on New Year's Eve, and passed in legislative form by the Senate early New Year's Day, includes many giveaways to special interests.
When it comes to making an economic forecast for the U.S. economy in 2013, a huge stumbling block was the uncertainty prior to the deal to avert the fiscal cliff. The just-announced new deal to avert the fiscal cliff is absolutely pathetic and will n
President Barack Obama and congressional Republicans face even bigger budget battles in the next two months after a hard-fought "fiscal cliff" deal narrowly averted devastating tax hikes and spending cuts.
The nation has stepped back from the fiscal cliff but in doing so, has backed over the insolvency cliff.
Last night the House of Representatives voted 257-167 to pass the fiscal cliff bill.
Kucinich's 1 minute Congressional speech on the Fiscal Cliff from earlier today. The cliff dwellers ..... died.