The past and present bailouts of each and every bank (and 'important' industry) will, one day, be seen as a generational offense is how MEP Daniel Hannan begins this thoroughly British demolition of the three critical myths surrounding the crisis
As of this morning Tim Geithner is no longer Treasury Secretary.
"Regardless of what the markets do near-term, a correction is overdue," Marc Faber tells Bloomberg TV's Betty Liu.
Today is Tim Geithner's last day as Treasury Secretary. Below are some quotes from various exit interviews and recaps conducted with the former NY Fed president.
Egan-Jones, a smaller rating agency, has been even more aggressive, downgrading the US credit rating three times in 18 months. And while the federal government may not have imposed Diocletian’s death penalty, they are just as willing to squash dissen
The following debunks conventional non-wisdom from most of the media and academia about the supposed stagnant middle class. Among other facts, it mentions the growing proportion of non-cash pay in the form of benefits that aren't included in governm
Check out Oshkosh truck, maker of heavy armored military noncombat vehicles, the ones they always need to replace.
Treasury Secretary Timothy Geithner leaves office today, so it's as good a time as any to reflect on his performance.
New home sales for December will be out at 10 a.m. ET.
Apple welcome to the world of “Commoditized Products”
The amount of evidence stacking up that hedge funds, mutual funds and even private equity do not provide value for their investors is just staggering.
Brace yourself. In coming weeks you’ll hear there’s no serious alternative to cutting Social Security and Medicare, raising taxes on middle class, and decimating what’s left of the federal government’s discretionary spending.
What in the world is China up to?
Across the country, Amazon is erecting massive distribution centers in the nation’s exurbs to shorten the distance between online shoppers and the stuff they want.
THE post-war generation of baby boomers - those born between 1946 and 1964 - have had a huge appetite on the world, creating "youth culture", changing social attitudes from the sixties onwards,
Eighteen months after taking over from Steve Jobs, Cook is facing rising production costs, competition from Samsung Electronics Co. and slowing growth in smartphones, threatening profits for the world’s most valuable company.
Forget about raising the federal debt limit. House Republicans are proposing to ignore it altogether — at least until May 18. The House plans to vote Wednesday on a measure that would leave the $16.4 trillion borrowing limit intact but suspend it
The U.S. Government took some enormous steps and continues to take enormous steps to right the economy.
Fox News contributor Charles Krauthammer called President Barack Obama's inauguration speech an "amazing" and "important" one — for the themes of progressivism and what Krauthammer called an "ode to big government."
Bill O'Reilly: The U.S. Dollar will Collapse
his Solution Provider Can Help You Now – Without Leverage or High Pressure Tactics
“Whilst a successful resolution of the current fiscal crisis remains the most important driver for many advanced-economy ratings, without further reform to address the impact of long-term aging these economies face a second, longer-term fiscal shock,
Conservatives have a legitimate gripe about America's excessive "commitments and obligations" to "unfunded liabilities" but their focus on Medicare and social security misses the larger point:
Maciej Ceglowski, the noted Silicon Valley venture capitalist, spent two weeks deciding how to award his much-anticipated first funding round.
The former Congressman breaks down the reality of a fiat currency.
Self-rule isn't working, folks, because it doesn't work with a brainwashed, unlearned and drugged citizenry. But don't worry: more money for public education, more computers and cops in the classroom, and more college degrees will fix this
Yesterday I published a commentary about the skyrocketing growth in regulatory-related jobs in both the private and public sectors--tens of millions of needless paper-pushing jobs that are crowding out jobs that produce goods and services of real val
ZeroHedge.com reports X date is approaching, that is “the day past which the US government will no longer be able to rely on 'extraordinary measures' to delay the day of reckoning, and will be unable to pay all its bills without recourse to additio
In 2009, Mohamed El-Erian, CEO of PIMCO – the world's biggest bond fund manager – coined the term "new normal" to describe the period of economic malaise the U.S. would experience in the wake of the biggest recession of a generation.
CBS's Rebecca Jarvis had a brief profile on billionaire Warren Buffett this morning.