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A heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'
Yesterday I told you how the US federal debt level is expanding at its fastest rate since the financial crisis.
Several years ago Aurora DeMarco, 53, was having health problems. The divorced masseuse and hospice care provider was stressed, depressed, and overwhelmed by all the upkeep of her three-bedroom condo in the tony Brooklyn neighborhood of Park Slope, k
The number of New Yorkers applying for emergency grants to stay in their homes is skyrocketing -- as the number of people staying in homeless shelters reached an all-time high last weekend, records show.
We find it surprising how, having covered the unprecedented growth in US corporate debt over the past few years, which has more than doubled from $2 trillion at around the time of the financial crisis to approximately $6 trillion currently...
I really hate using Hitler quotes these days; people take them as ultimate slams, rather than illuminating thoughts from a bad guy. But that said, Adolph did make a very clear and useful statement when he said this: I have not come into this world to
Slate is ecstatic over the latest economic news, believing that the US is on the road to recovery. This is incorrect, though. The US and the world are on the way to the largest economic disaster ever faced.
Zero Hedge reports Two months after Bernanke's unexpected trip to Japan failed to unleash the "helicopter money" many expected his visit to the BOJ would deliver, Bernanke is back with another shocking policy appeal, this time not as a result of a tr
-- and that's disastrous news for the economy
Economic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled "Trumped!"
A giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business … DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established
OBLITERATE THE GLOBAL ECONOMY . Lana Clements for Express UK reports A PERFECT market storm is brewing and it's going to leave economic carnage in its wake, a finance expert has warned. Investors should prepare for world stock markets to sink by
Investor Jim Rogers has some sobering words on the future of the global economy. Even though the leading oil producers are working on price stabilisation, he warns another significant economic crash could be on the cards within a couple of years.
David Stockman, former OMB director, discusses why he thinks chaos caused by a Donald Trump presidency would be good for the economy.
The United States has a huge disadvantage in labor costs relative to much of the world, especially compared to China, the Subcontinent, and Latin America, all of which have substantially lower labor costs. Japan and Europe have a similar disadvantag
Having warned that retail sales could be weak (based on BofA's credit card data), year-over-year growth in retail sales rose just 1.9% (its weakest since March's plunge) and worryingly in historical recession territory. MoM data was disappointing acr
'Crazies' Will Undermine the U.S. System … Former Fed chief doesn't spell out whom he is referring to Says economic and political environment is worst he's seen … Former Federal Reserve Chairman Alan Greenspan voiced concern that the U.
The central banks have gone so far off the deep-end with financial price manipulation that it is only a matter of time before some astute politician comes after them with all barrels blasting.
In this publication, we warn regularly of the risk involved in storing wealth in banks. They've made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your mo
"The fact is that the government, like a highwayman, says to a man: Your money, or your life. And many, if not most, taxes are paid under the compulsion of that threat. The government does not, indeed, waylay a man in a lonely place, spring upon hi
Scores of economic figures go screaming across our screens every day, many of them contradicting yesterday's figures, and perhaps half of them based upon lies.
Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes
Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes
Video: "This Is Our Worst Nightmare If It Happens And Has The Potential To Lead To Hyperinflation"
18,154.24 -325.67 (-1.76%) Real-time: 2:12PM EDT
18,154.24 -325.67 (-1.76%) Real-time: 2:12PM EDT CLOSE was -394.46
In Part One of this article, I made a fact-based case that most Americans are experiencing an economic depression on par with the Great Depression of the 1930's.
Do you remember the subprime mortgage meltdown from the last financial crisis?
Most millennials want to own homes, but they'll likely be driven to the suburbs because of high home prices in cities.
The numbers are in and after seven years of Obamanomics the economic climate in America is "worse than the depression."
