Markets
Rising Foreclosures Show Weak Economy
Foreclosures of homes are increasing, July economic reports reveal. Homes are the most important asset that ordinary Americans possess, and the value of...
The LIBOR Scandal: Just the Tip of the Iceberg
The fines imposed on Barclays Bank by the British Financial Services Authority represent just the beginning of the exposure of the international banking...
Read moreIMF Scandal Brews as Official Slams Incompetence, Suppression of Information
The International Monetary Fund (IMF) is attracting renewed scrutiny after an outraged senior official resigned last month, saying he was “ashamed” to even...
Read moreMonsanto Promises Pain to EU, Assault Underway
Biotech companies such as Monsanto, with help from the U.S. government, are starting to overcome the EU's resistance to Genetically Modified crops. However,...
Read moreEconomy Tipping Over Into Recession, Again
When shipping and supply managers were quizzed about their current outlooks by two separate reporting agencies, their answers were the same: Orders are...
Read moreHarvard Senior Fellow: Peak Oil Is History
International energy economist Leonardo Maugeri says that technology and new discoveries will increase crude oil production in the United States by 50 percent...
Read moreJP Morgan Trading Loss Balloons to $9 Billion
When the New York Times reported that the losses resulting from the failed trade made by JP Morgan Chase (JPM) earlier this year...
Read moreMore Banks — 11 in Brazil — Face Credit Downgrades
Moody’s downgraded the credit ratings of 11 Brazilian banks on June 27. Some banks had reductions of a single level, but some went down three levels. This...
Read moreIs General Motors Now China Motors?
General Motors' CEO Dan Akerson supports increasingly closer ties with the Chinese tyrants, explaining that it's good for business. "By Bob Adelmann" ...
Read moreChina Buys Hollywood Influence with Takeover of Top U.S. Cinema Chain
A massive China-based conglomerate headed by a member of the nation’s ruling Communist Party announced last week the largest ever corporate takeover of...
Read moreJOBS Act Is Starting to Work
ClearSign Combustion in Seattle, Washington, is one of the first small “early-stage” companies to raise public capital under the JOBS Act enacted in...
Read moreGlobal Government Debt Crisis Emerging
A sugar-coated analysis of the global economy released by the International Monetary Fund April 17 nevertheless contains dire warnings about a world in...
Read moreCanada Moves Closer to Cashless Society With Digital MintChip Currency
As free market-based digital currencies like Bitcoin and e-gold continue to gain traction around the world, the government of Canada responded with the “MintChip,”...
Read moreTaking Stock of Obama’s Dividend Tax Hike Proposal
In his 2013 budget proposal, President Barack Obama is asking for what amounts to a tripling of the corporate dividends tax rate for...
Read moreProposed Fuel Standards Could Hurt Car Makers
The Obama administration continues to set unfavorable conditions for businesses to prosper, this time through overbearing new fuel standards that auto dealers fear...
Read more