IBM's stock price is on the decline, after the company agreed to pay GlobalFoundries $1.5 billion to take on its ailing chipmaking business and abandoned its controversial "2015 Roadmap" to deliver $20 earnings per share by next year.
Mysterious forces were trying their best, but they couldn't keep the stock market from swooning Wednesday.
Einsteinian Insanity? FHFA Head Mel Watt Pushes Banks To Make Extreme Risk Home Loans
Many years ago, falling prices were a sign of improved efficiency and expanding wealth, and of widening consumer choice. Thanks to the spread of electricity and other such wonders in the final quarter of the 19th century, prices dwindled year by year
Any time you feel like all the endless crime, rigging and cronyism on Wall Street and its lobbied puppets in the Capitol is something new, look at these cartoons from about 100 years ago.
The dollar went against gold, traveling south with stocks in a series of gut-wrenching plunges. Nonetheless, the mainstream media seems predictably gloomy about whether gold can continue a two-week winning streak.
There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse.
In my nearly 30 years of helping Americans "internationalize" themselves, there are four giant obstacles I have watched my clients overcome before finally taking action: Inertia, fear, complacence, and hopelessness.
Nearly every weekday morning in this supposedly free country, schoolchildren are forced to make "Islam" – that is, submission – as part of a mandatory religious ritual. Oh, sure, in some jurisdictions they are promised that there is "no com
9 Ominous Signals Coming From The Financial Markets That We Have Not Seen In Years.
It's Monday morning and the New York Fed's new "Chicago office" has been busy all night attempting to reverse the expanding collapse of global financial markets.
Are government reports and officials' talking points about the state of the economy designed to reveal or conceal? The unemployment rate is said to have dropped to 5.9 percent, but the percentage of people employed compared to the total population
The US Commodities Futures Trading Commission (CFTC) recently held a meeting on Bitcoin.
The National Security Agency has had agents in China, Germany, and South Korea working on programs that use "physical subversion" to infiltrate and compromise networks and devices, according to documents obtained by The Intercept.
With no bond-market-police to corral the machines, it is not entirely surprising that - on the heels of AUDJPY - US equity futures have levitated this morning to provide a comfortably green open (as the world held its breath for a black monday - part
With the cash bond market closed today, we get our cues from an admittedly thin Treasury futures market.
A new report of "economic freedom" around the world finds the US ranked 12th among 152 countries, tied with the United Kingdom, and lower than neighbor Canada or Australia.
One of the most disastrous effects of America's post-World War II embrace of a permanent warfare-state apparatus has been the extreme dependency on domestic military bases that dot towns and cities across America.
Muni bonds fund the nation's critical infrastructure, and they are subject to the whims of the market: as demand goes down, interest rates must be raised to attract buyers. State and local governments could find themselves in the position of cash-s
Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.
Markets had a rough day on Thursday, with the Dow falling more than 300 points and each of major stock indexes giving up all of their gains from yesterday's huge rally while bond yields fell around the world as the US 10-year Treasury bond fell to it
Because humor like this clearly costs money. As always, from the one and only Dennis Gartman.
It's different this time... and not in a good way. Real intraday range volatility over the last 2 weeks is breaking out - at its highest in 3 years...
There is no surprise to why stocks are selling off today.
Dow Jones Industrial Average.
A 78-year-old was holding a sign claiming she needed cash for food. Daniel Ayala had given her money on a few occasions then one day Ayala noticed the woman sitting in the driver's seat of a bright red 2013 Fiat. He couldn't contain himself
Paycheck or production. Work or wages. Two things that should be hand-in-hand, instead are toe-to-toe. In a post-recession fallout, Americans everywhere face a decision centered around the struggle between Give and Get. Late President John F
Led by Lockheed Martin Corp. (LMT), the biggest U.S. defense companies are trading at record prices as shareholders reap rewards from escalating military conflicts around the world.
Year one of the 2013-2014 legislative term focused on budgetary goals to fund the state's business. Much of this term's second year has focused on a broad based, generalized mandated (one might say forced) change in the relationship between the sta