The crossing of the Rubicon into the confiscation of depositor funds was not a one-off emergency measure limited to Cyprus. Similar “bail-in” policies are now appearing in multiple countries. (See my earlier articleshere.) What triggered the new r
Sales of gold coins by the U.S. Mint rose to the highest since December 2009 after the price of the metal in April fell the most in 16 months.
Recently uncovered documents prove that the Obama administration has been working with the Mexican government to increase the number of illegal immigrants on food stamps, and when more illegal immigrants go on food stamps JP Morgan makes more money.
The next Great Depression is already happening - it just hasn't reached the United States yet.
Federal Reserve Chairman Ben Bernanke has done it.
Bill Gross's latest monthly letter is out, and the title is There Will Be Haircuts.
The number of Amish in the U.S. has doubled since the 1990s.
We're at the start of a furious three-day sprint of data.
Several House Democrats are calling on Congress to recognize that climate change is hurting women more than men, and could even drive poor women to "transactional sex" for survival.
Peter Schiff appeared on Fox Business this morning to talk about the market’s perception of gold, the extraordinary surge in gold sales this month, and hidden inflation in the US and Japan.
A startup that converts conversations to text so it can offer instant information gets financing from Telefónica, Samsung, and Intel.
The U.S. homeownership rate fell to the lowest in almost 18 years, reflecting rising demand for rentals and investor purchases in the housing market.
Shock waves went around the world when the IMF, the EU, and the ECB not only approved but mandated the confiscation of depositor funds to "bail in" two bankrupt banks in Cyprus. A "bail in" is a quantum leap beyond a "bail out." When government
West Texas Intermediate crude fell, trimming the biggest weekly increase since June, as the U.S. economy grew less than expected in the first quarter.
Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.
The City Council of San Jose, in the heart of California's Silicon Valley, wants to quit the state's public pension fund - which covers its current and former members - because it fears it can't afford the rising contributions.
This is always reassuring. SocGen strategist Albert Edwards remains an ultra-bear, and predicts everything will go to hell.
We don't like the looks of it... Advisors are too bullish. Investors are too complacent. The financial authorities are too confident.
Now that we have the first estimate of Q1 GDP growth in both rate of change and absolute current dollar terms ($16,010 billion), we can finally assign the appropriate debt number, which we know on a daily basis and which was $16,771.4 billion as of M
Twitter Inc. plans to bolster security on its site after the account of the Associated Press news service was hacked and an erroneous post triggered a stock- market decline, according to a person familiar with the matter.
New York Times Co reported a decline in quarterly revenue on weak advertising sales but announced new products with the hope of tapping additional dollars.
Tim Frey (President of Roberts & Roberts Brokerage, INC.) provides a summary of the gold and silver markets the past few weeks, current inventories, manipulation, etc...
The world is heading into a horrific economic nightmare, and an inordinate amount of the suffering is going to fall on innocent children.
America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes
Forget the papered over cracks of manufactured EPS 'beats', or the talking-head anecdotes of one or two companies chosen to represent the 'earnings season' visibility.
Wall Street must get indigestion every time Frontline rolls out another program showing the depths of its chicanery. The only problem is the industry deserves much worse punishment
A former Yahoo search engineer raises funds to bring sophisticated data mining and modeling to the business world.
As machines take on more jobs, many find themselves out of work or with raises indefinitely postponed. Is this the end of growth? No, says Erik Brynjolfsson -- it’s simply the growing pains of a radically reorganized economy.
In what could to grow into a class action in US courts, a Chinese woman is suing the Federal Reserve after discovering that the real value of the USD250 she put in an account in 2006 had shrunk by 30%.
As Boston and U.S. security agencies congratulate themselves over the apparent neutralization of a pair of Chechens that bombed the Boston Marathon, troubling questions are beginning to arise.