Alibaba Group Holding Ltd. surged in its U.S. trading debut, after the company raised a record-breaking $21.8 billion in an initial public offering.
Once upon a time, when such things as industrial production, machinery sales and construction, trade and commercial interactions mattered,....
Precious metals are under pressure once again this morning led by Silver which just hit its lowest since August 2010.
David Cameron and the British media have been freaking out about the potential Scottish independence.
IMF Admits QE Encourages Excessive Risk-Taking; Warns "Sharp Downside Risks Are Rising".
It's not often I agree with the IMF on anything, but this time I do. The Global Recovery is Precarious, says International Monetary Fund.
A number of questions have been coming in about Scotland. Yes, it has the capacity to become the real Switzerland of Europe where capital would be attracted if they are out of the UK and the EU.
Scotcoin is a bitcoin-like invention created to give the bid for independence options to consider. The creators have already given 1000 scotcoins to every adult resident of the nation.
On 24 and 25 May 2005, Hans-Hermann Hoppe, Professor of Economics at the University of Nevada, Las Vegas and senior fellow of the Ludwig von Mises Institute (Auburn, Alabama), visited Antwerp, where he gave a lecture on the economic surplus value of
Price Deflation Hits Italy First Time in 55 Years
"Ach, the Sassenachs (English) be greet'in and gurn'in (moaning, groaning, wailing) most mightily."
The new sanctions against Russia announced by Washington and Europe do not make sense as merely economic measures.
On March 14th 2015 - at 9:26 am, in coincidence with Piday, we are throwing a full-island party called The Bit Drop for an entire nation in the Caribbean. The Bit Drop project will send Bitcoin via SMS texting to every resident on Dominica.
While China may have mastered the art of goalseeking GDP, always coming within 0.1% of the consensus estimate, usually to the upside, even if the bogey has seen dramatic declines in the past few years, dropping from double digit annualized growth to
The decline in the price of oil - in the face of surging geopolitical pandemonium - has been lauded as indicative of both US' awesomeness in energy independence and a tax cut for Americans... but, as the following chart suggests, there may be another
China Is Using The UN As Cover For Sending Troops To Protect Its Oil Investment In South Sudan.
The topic of potential interest rate hikes by central banks is no longer ever far from any serious mind interested in finance.
We have been warning that the Scottish separation was something to take seriously since the Berlin Conference in 2012.
I know we have heard these kind of statements before, but you really have to listen to this guy and some of his insights.
Paypal, the eBay-owned mobile payment system and the world's second biggest, announced that it would soon let customers pay in bitcoin, the virtual currency..
Will it expand opportunity for the poor? Or just allow the government to manipulate the economy for its own benefit? Economists disagree.
While the West continues to press the "Russia is increasingly isolated" meme, it appears - as we noted ironically previously, that Vladimir Putin is finding plenty of friends... most notably China.
Japanese Economy Contracts Bigger than Expected 7.1% in 2nd Quarter; Really Bad Theories.
Curious why everything is being bought in the aftermath of last week's ECB's unprecedented announcement, and both bonds and stocks are either at or just shy of record highs ignoring completely the worst US nonfarm payroll print of 2014? JPM's Nikolao
As the excitement over the Scottish independence referendum (on Sept. 18) heats up, Paul Krugman is getting in on the debate, with an important warning to the new would-be nation.
The weekend is over, and the pound is tanking.
Bitcoin Price Index Chart.
Kitcosilver is a big step forward in silver coverage by Kitco. Besides charts, there is silver news, commentaries, press releases, silver equities performance and much more.
Russia warned Saturday that it would react if the European Union imposed fresh economic sanctions against it over the situation in Ukraine.
Just weeks after defaulting (yet again) on its debt (whether technically or not), and shortly after raising the minimum wage by 31% (to $523 a month) amid runaway inflation, it appears Argentina has gone full-Venezuela.