Greenspan: Gold is a Currency, Euro “Breaking Down”
Former Federal Reserve boss Alan Greenspan (left) made headlines this week when he said gold is indeed a currency and noted that the...
Markets
Apple CEO Steve Jobs Resigns
Steve Jobs, the CEO for Apple Inc., announced on Wednesday that he could no longer maintain his position at the company. Jobs garnered...
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Bank of America Blames Stock Price Decline on Analyst
When Henry Blodgett explained that the reason for the decline in the price of Bank of America’s stock was because Wall Street thinks that...
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Did George Soros Profit from U.S. Credit Downgrade?
Many suspect leftist billionaire George Soros (left) of having profited from Standard & Poor's recent downgrade of the U.S. credit rating. According to...
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China Calls for Global “Supervision” of Dollar, New World Currency
The communist Chinese dictatorship blasted the U.S. government for endangering its massive dollar holdings, calling for America to rein in its out-of-control debt...
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S&P Downgrade Sets Off Alarm Bells in Europe
Investors will be anxiously watching when the New York Stock Exchange market opens Monday morning to see what effect Standard and Poor's downgrade...
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Soros Dumps Gold, Inciting Fear of Plummeting Price
George Soros, the hedge fund investor who called gold "the ultimate bubble," has divested his portfolio of nearly its entire investment in the...
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Fed Audit: Trillions For Foreign Banks, Conflicts of Interest
During a 2½ year period starting at the end of 2007, the Federal Reserve provided more than $16 trillion in secret bailouts to...
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UN Seeking to Tax and Control Food Markets
A new report released by the United Nations blames the “herd” mentality of investors and poor regulation for volatile commodity prices, suggesting new...
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Jobs Numbers Stagnate: Has Obama’s Spending Killed the Recovery?
The U.S. economy experienced disappointing jobs numbers in May, according to figures released June 3 by the U.S. Bureau of Labor Statistics (BLS),...
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Forbes: Return to Gold Standard Within Five Years
This was not a good week for the Federal Reserve. As if Rep. Ron Paul’s (R-Texas) congressional subcommittee hearing on the relationship of...
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China’s Central Banker: We Own Too Much U.S. Debt
China's Central Bank Chairman Zhou Xiaochuan told a Chinese monetary conference last week that “Foreign-exchange reserves have exceeded the reasonable level that our country...
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Fed on the Ropes? Bernanke to Hold Press Conferences
The recent decision by Federal Reserve Chairman Ben Bernanke to begin holding press conferences may be one more indication of the increased influence...
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Impact of S&P’s Announcement on Debt Ceiling Debate
Despite the White House’s contentions that the United States economy is improving, Standard & Poor’s recent decision to change its outlook on U.S....
Read moreWorld Leaders Address Rising Food Costs in Weekend D.C. Meetings
According to the International Monetary Fund and the World Bank, the global economy is "one shock away from a “full-grown crisis.” In a...
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