2008. We had almost as many manic up days back then as crazy down days. Remember how we were saved when Fannie and Freddie got put into conservatorship? Remember how all was good when AIG was taken over by the government? Then we sold off the day tha
Each time I’m forced to demean myself in this way– sitting around those sterile government waiting rooms and filling out useless paperwork only to justify the salary of some bureaucrat– I have plenty of time to reflect on the nature of this system.
In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do.
In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do.
The International Monetary Fund may be hoping to increase its financial resources from $940 billion to at least $1.3 trillion, according to a newspaper report out Monday.
Christine Lagarde has signalled that the International Monetary Fund (IMF) may have to tap its members – including Britain – for billions of pounds of extra funding to stem the European debt crisis.
For the fathers of the euro, the end of the Cold War in 1990 was a time for worry as well as celebration. As they looked to the future, they were also obsessed with the continent’s bloody past. Would a new Europe, and especially a reunified Germany,
When the world's leaders begin to warn of something in concert, we try to peer beneath the surface to see what they are really driving at. Austerity – ... – is one aspect of it, perhaps. But the installation of a global currency is perhaps another. P
For those newer to trading I think his view on the dollar is important to understand from a lesson standpoint. Even if you the dollar is ‘cooked’ long term, time frame is important. VIDEO
Across Africa, scores of tiny manufacturers have been going where most multinationals fear to tread. They not only make chocolate in Madagascar, but also leather shoes in Nigeria and hot sauce in South Africa. They're testing whether a continent with
Oswald Grübel resigned as chief executive of embattled Swiss bank UBS AG in the wake of a trading loss that cost the bank more than $2 billion and now has cut short the career of a giant of Switzerland's business community.
(Reuters) - Vladimir Putin declared on Saturday he planned to reclaim the Russian presidency at March elections that could open the way for the former KGB spy to rule until 2024.
Some companies with $100 million+ valuaitons were founded just this year. Others have been around, but didn't receive any traction until a few months ago.
As anyone with a financial pulse knows, yesterday specifically and this week generally marks, well, the beginning of the end. The end of geo-political economic optimism, hope, and confidence. And, at least for me, this moment could not have come soo
The markets are living and dying on news regarding the Eurozone debt crisis, which is quite complicated. That's why Morgan Stanley put together a comprehensive guide on how everything financial works on the continent.
United Kingdom treasury chief George Osborne said Friday that the world’s “patience has been running out” with leaders of the 17-nation euro zone as pressure mounts on them to contain the region’s financial problems.
(Reuters) - European policymakers are quickening their preparations to cope with an escalation of the region's debt crisis as talk of a possible Greek default gained pace on Friday.
WASHINGTON—Wall Street is often criticized for trying to turn bad news into good news. That's not the situation at this weekend's IMF meeting, where even good news has an ominous cloud over it.
Anxiety erupted in the markets Thursday as investors seized on bad news in Europe and, for the first time, China to confirm their worst fears about the health of the global economy.
The Dow Jones industrial average fell 3.5 percent, capping its bi
New census data released today reveals that the recession has made American 20 to 30-somethings into a Lost Generation of unemployed and underemployed, the AP reports.
A dramatic Hail Mary appeared in the FX markets earlier this morning following the circulation of a rumor, since attributed to Goldman sales, that the FRBNY is preparing to slash its FX swap line with the ECB rate...
As usual getting Art Cashin's pragmatic take on something as important as the Fed's decision (which at this rate will need to be revised very soon), is quite a morning coffee, or for some, "fermentation", treat.
Watch Streaming Broadcast Live:
Flote
LRN.fm
DLive
Live Chat Telegram
Share this page with your friends
on your favorite social network: