"What the Great Recession has shown is that things have fundamentally changed," The White House warned this week and, as Bloomberg reports, states would have to cut spending or raise revenue by a combined $21 billion .....
When even Jamie Dimon warns that "another crisis is coming", and points to the utter lack of market liquidity and the likelihood of another flash crash, it probably means that not only has he been reading this website, but that JPM's chief prop tradi
Last October's Treasury flash crash -- which Gregg Berman will tell you wasn't the fault of HFT and which will likely repeat at some point or another thanks to the fact that Fed purchases have reduced market depth -- may no longer be a once eve
According to a month-old internal document originally drafted by the management team of the Bitcoin Foundation and which has now been openly published, the foundation is considering splitting into two separate organizations.
Every three months, the mainstream media participate in a ridiculous charade: interpreting the quarterly announcements from the Federal Reserve Board of Governors.
Cross-border peer-to-peer (P2P) bitcoin lending platform BitLendingClub, is looking to disrupt the growing lending industry with a unique model that should oust bad players while providing a better framework for "good borrowers."
My wife, Susan, and I have always loved healthy food, especially the fresh, vine-ripened kind -- which is why we routinely spent upwards of $400 a week scouting organic grocers for the tastiest produce.
Shortly after Japan admitted all of its "rising wages" data for 2014 had been fabricated and on close examination all the optimistic increase in base wages was merely pre-election propaganda by the Abe government...
As this is the last regularly scheduled edition of the Daily Dispatch on technology, I want to break with the usual format to bring you something particularly special and potentially profitable.
Talk of across-the-board debt cancellation and loss socialization notwithstanding, the trillion-dollar plus pile of student loan debt America's proud college graduates are now saddled with is a big problem.
Earlier today, when looking at the latest Factory Order data we saw that based on historical patterns if only in US manufacturing (if not in the recent seasonally-adjusted "hiring" of waiters and bartenders) the US is already in a recession.
To build a vibrant ecosystem of apps and services that integrate Bitcoin, it's important that developers have an easy way to interact with the blockchain.
To be sure, the good folks at Santander Consumer and American Credit Acceptance (among others) are doing everything they can possibly do to get underqualified borrowers into used cars even if it means extending terms...
With all of that job creation being claimed by the Obama administration and disseminated by mainstream media outlets as signs of a sustained recovery you'd think most college graduates would have no trouble keeping up with their bills.
What I'm about to tell you is not my own opinion or even analysis. It's original data that comes from the United States Federal Reserve and national credit bureaus.