While hope springs eternal that the US housing sector 'record-inventory-compression and foreclosure-stuffed' 'recovery' will become self-sustaining, there are two rather disappointing 'facts' to ruin the 'fiction' that all is well.
US stocks pushed to new record levels after a government report pointed to lower-than-expected jobless claims.
In 2012 alone, money raised for crowdfunding projects grew 81 percent.
Several major companies issued a joint call Wednesday for the United States to enact legislation to battle climate change, saying that the issue was critical to their businesses.
President Barack Obama rolled out a $3.78 trillion budget Wednesday, angering Republicans with a call for higher taxes on the rich while worrying liberals by countenancing cuts to retirement benefits.
S stocks powered to new record highs Wednesday after Federal Reserve meeting minutes suggested the Fed’s easy-money policies would remain in place for a while longer.
The Consumerist says yes. We say otherwise.
It shouldn't surprise. It's already policy. Market analyst Graham Summers explained. Depositor theft is coming. Europe is banker occupied territory. So is America.
Back in late 2010, there was much hope that as a result of the unfolding robosigning "Linda Green" scandal
Marc Faber, author of his famous Gloom, Boom and Doom Report sees a lot of surprises for investors this year, none of which are positive. Tax increases, rampant spending and geopolitical tensions will negatively impact the economy.
Arizona is poised to follow Utah, which authorized bullion for currency in 2011. Similar bills are advancing in Kansas, South Carolina and other states.
Creditors of bankrupt San Bernardino, including America's biggest pension fund and Wall Street bondholders, are due to meet in court in a case bogged down in arguments over the Southern California city's disclosure of financial records.
Tough economic times make for tough political times for any president, and that’s increasingly true for President Obama.
US newspapers saw revenues fall two percent in 2012, an industry association said Monday, suggesting an easing of the woes of the beleaguered sector.
Federal Reserve Chairman Ben Bernanke said Monday that the US economy still has far to go to recover to an acceptable state of health.
2.9030 Up 0.04(1.40%)
A term coined in 1985 by an unnamed staffer of the Reagan administration was “Starve the Beast”.
Nothing much happened on Wall Street yesterday. The Dow rose 56 points. Gold was flat.
In 1981, David A. Stockman, a former Michigan congressman turned budget director for President Ronald Reagan, gave a series of interviews to socialist William Greider who subsequently published an article in The Atlantic.
With cities cutting their police to balance budgets, some well-to-do neighborhoods are hiring private security, marking an expansion of unarmed guards beyond office parks and gated communities.
The releveraging deleveraging continues.
If the economy is getting better, then why does poverty in America continue to grow so rapidly? Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since
People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
It's jobs day in America.
“It’s been condoned [now] by the IMF, the European union, and everybody else in sight; that a government in need, can take assets. We all knew they could tax us…but this is the first time that I’m aware of, that they’ve gone in and taken bank account
Tesla just dropped the barrier to entry for Model S ownership with a leasing program that will let those who don’t have a broker on speed dial get behind the wheel of the all-electric sports sedan.
Envisioning cars that can go “coast to coast without using a drop of oil,” President Barack Obama on March 15 urged Congress to authorize another $2 billion over the next decade to expand research into weaning automobiles off gasoline.
Dear readers ask about gold. Is it time to sell? To buy? To forget about it?
L: Doug, there is considerable disagreement over the significance of the Cyprus crisis. A lot of people are saying that it's just a flash in the pan; Cyprus is a small country, far off, and doesn't really matter.