...during the financial crisis of 2008. 9 of the 20 largest single day declines in stock market history happened that year, but 9 of the 20 largest single day increases in stock market history also happened that year.
Barcelona's new mayor has kept her promise to go after the banks who started the crisis, and other cities are doing the same
Personal and household debt is at unprecedented historical levels. Many Americans are stretched many times past their limit with no hope of getting out of the black. Student loan debt is its own huge bubble, waiting to burst
Asian shares rose on Friday thanks to gains on Wall Street, while the dollar steadied after facing pressure from a rallying yuan and U.S. data that offered no clarity on whether the Federal Reserve might raise interest rates next week.
Brazil's currency led global declines, stocks tumbled and bonds yields surged after Standard & Poor's cut the nation's credit rating to junk with a negative outlook, deepening the selloff for this year's worst-performing major emerging market
Now a FOURTH series of explosions has hit China after it very purposefully devalued its currency a few weeks ago…
There is so much confusion out there. On the days when the Dow goes down by several hundred points, lots of people pat me on the back and tell me that I "nailed" my call for the second half of this year.
Global stocks slipped as signs of resilience in the U.S. labor market and comments from the Bank of England rekindled concern the Federal Reserve will raise interest rates even as China's slowdown threatens global growth.
In apportioning blame for the Greek government debt crisis, it would be difficult not to lay the major share on Greece itself.
Global stock markets had a strong day of gains yesterday. Bloomberg reported that the Dow rose 390 points – or 2.4% – "on optimism over China." We're amazed.
Why Did China Invite Blackrock's Larry Fink For Advice How To Manipulate Its Stock Market?
Krugman Joins Goldman, Summers, World Bank, IMF, & China: Demands No Fed Rate Hike
China's Ministry of Finance said the government will strengthen fiscal policy, boost infrastructure spending and speed up reform of its tax system, adding to other steps to reenergize sputtering growth.
A powerful combination of forces, starting with the massive United States shale oil boom, cheap gas prices and the Iranian nuclear deal is propelling this move much quicker than anybody expected.
By late 2002, the national currency of Brazil (known as the "real") was practically in free fall.
GUALFIN, Argentina - September is here. As expected, market volatility is increasing. The Great Zombie War is intensifying. And investors are getting scared.
The Chinese government has spent 1.5 trillion yuan ($236 billion) trying to prop up the country's plunging stock market, according to analysis by Goldman Sachs.
Janet Yellen has the fixed-income market just where she wants it: ripe for the first increase in U.S. interest rates since 2006.
U.S. stocks rose, after the Standard & Poor's 500 Index's second-biggest weekly retreat this year, after a late rally in Chinese stock markets led global equities higher.
Peter Schiff considers the U.S. Dollar may indeed trade down even if the Fed raises interest rates next week.
W A R
Nope, nothing to see here. And now that this dead cat bounce is underway, surely there will be no more commodity deflation or global economic slowdown or worldwide currency war or historically unprecedented bond bubbles to worry about, right?
China is burning through its huge stockpile of foreign exchange reserves at the fastest pace yet as it seeks to prop up its currency and stem a rising tide of money flowing out of the country.
Jim Simons was a mathematician and cryptographer who realized: the complex math he used to break codes could help explain patterns in the world of finance. Billions later, he's working to support the next generation of math teachers and scholars.
Shortly after the PBoC's move to devalue the yuan, we noted with some alarm that it looked as though China may have drawn down its reserves by more than $100 billion in the space of just two weeks.
How do you get a bottom-up stock picker, a chart watcher and an economist to agree? Try asking them about Chinese equities.
Asian stocks fluctuated as early gains by Chinese shares evaporated after national holidays. U.S. equity-index futures advanced, while the yen declined.
The region's attention will likely remain squarely on China in the week ahead, as investors continue to grapple with the dizzying roller-coaster rides in the country's equity markets.
It's all downhill from here.