For years, homeowners have been battling Wall Street in an attempt to recover some portion of their massive losses from the housing Ponzi scheme. But progress has been slow, as they have been outgunned and out-spent by the banking titans. In June, h
Sen. Warren's Q&A with Federal Reserve Chair Janet Yellen at a July 15, 2014 Banking Committee Hearing on hearing titled "The Semiannual Monetary Policy Report to the Congress."
One can't help but wonder just how concerned the powers that be are becoming when such an esteemed mainstream media outlet as Bloomberg News would deem fit to defend the almighty US Dollar.
(Reuters) - A long-shot effort to break California into six separate states got a boost on Monday, when the billionaire venture capitalist behind the proposal said he had gathered enough signatures to place it on the ballot in two years.
It started as a discussion about the reality of inflation versus propagandized "noise" and devolved into what is possibly Rick Santelli's most epic rant.
You have to love how the Federal Reserve downplays inflation when they are the primary source of it with other central bankers for this monetary phenomenon.
The Phoenix housing market has a special place in the heart of housing bubble watchers: together with Las Vegas and various California MSAs, this is the place where the last housing bubble was born and subsequently ....
The Phoenix housing market has a special place in the heart of housing bubble watchers: together with Las Vegas and various California MSAs, this is the place where the last housing bubble was born and subsequently died a gruesome ....
Is America headed toward class warfare? This week Ron Paul and Charles Goyette talk about the economic squeeze on the middle class and the growing wealth disparities in this country. Increasing inequality can become social dynamite and one wealthy ve
We track US power consumption on a weekly basis as reported by Barron's, as we believe this information provides insightful – albeit sometimes "noisy" and seasonally unadjusted – clues about the performance of the economy over time.
In this heightened era of government tax and spend — where printing more money is the Fed's only solution — even our allies are sprinting from the dollar. Nations like Russia and Japan could be turning to the gold standard, and the U.S. is none too p
Trump Plaza To Close In September As Atlantic City Implosion Claims Fourth Casino
For all the debate about a college education...
Facing the weight of the New York Attorney General, Lyft now says it will delay its planned Friday evening launch in the Big Apple. Earlier in the day, the Empire State's prosecutor asked the New York Supreme Court to grant a temporary restraining or
Julian Castro has been confirmed as the new director of Housing and Urban Development. The U.S. Senate approved the nomination on a vote of 71 to 26, on July 9th. Republicans cast all the votes against the nomination. The incoming HUD directo
A list of the world's 100 largest banks is out, and the United States has only one representative in the top 10.
The third and final estimate (until the annual GDP revisions) of first quarter 2014 real GDP growth released June 25 by the US Bureau of Economic Analysis was a 2.9% ......
Is there any doubt that we are living in a bubble economy?
The third and final estimate (until the annual GDP revisions) of first quarter 2014 real GDP growth released June 25 by the US Bureau of Economic Analysis was a 2.9% contraction in GDP growth, a 5.5 percentage point difference from the January foreca
In a moment of surprising lucidity, Rich Handler, the CEO of Jefferies one of the few remaining pure-play investment banks that was not converted into a bank holding company as part of the Paulson-Geithner bailout...
As we first reported two years ago, one of the primary reasons, if not the main one (there is also the Fed to thank) why the US housing market, and specifically its ultra-luxury segment,...
Wine may be a $320 billion industry worldwide, but it's not being driven by sales of $1,500 Screaming Eagle.
"I don't know if I want to own a bank.
Washington can't stop lying. Don't be convinced by last Thursday's job report that it is your fault if you don't have a job. Those 288,000 jobs and 6.1% unemployment rate are more fiction than reality. In his analysis of the June Labor Data from t
A lot of people that I talk to these days want to know "when things are going to start happening".
Here is why they are running at full speed towards subjecting the People with the Police State.
Washington can't stop lying. Don't be convinced by last Thursday's job report that it is your fault if you don't have a job.
The day Linda Drain put baby's breath in her hair and said "I do," she had no idea that government policies would tear her apart from her husband.
Having pointed out the 'surges' in the cost of your 4th of July burger at the behest of Greenspan and Bernanke, we thought a reflection on the soaring costs of 'the most important meal of the day' were in order.
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.