Markets - The New American

IMF Outlook for Global Economy Gloomy

There is little growth on the horizon for the global economy, and a significant likelihood of further trouble, believes the International Monetary Fund....

Charles Scaliger October 5, 2010

Corn Syrup Makers Seek Name Change for Sweetener

Dave Bohon September 23, 2010

With high-fructose corn syrup suffering from years of bad press, and consumption of the popular sweetener falling to a 20-year low over concerns...

Recession is Over?

Bob Adelmann September 21, 2010

With a straight face, the National Bureau of Economic Research (NBER) announced that the Great Recession ended last June. June of 2009, that...

Bernanke Whitewashes Fed Responsibility for “Great Recession”

Thomas R. Eddlem September 3, 2010

Federal Reserve Board Chairman Ben Bernanke largely whitewashed Federal Reserve responsibility for the housing bubble and resultant economic recession in testimony before the...

Housing Bubble Refuses to Re-Inflate

Thomas R. Eddlem August 25, 2010

Housing sales dropped by more than 25 percent nationwide in July, according to the National Association of Realtors, after a federal tax credit...

Fed Confirms Recovery Stalled

Bob Adelmann August 11, 2010

When the Federal Open Market Committee announced yesterday that “the pace of economic recovery is likely to be more modest in the near...

From China, With Love

Bob Adelmann July 8, 2010

Addison Wiggin asked his readers to imagine an older happily married couple, having their usual morning breakfast together: They work well together, though...

The Invisible Recovery

Bob Adelmann July 6, 2010

On Friday Reuters reported that non-government payrolls rose only slightly in June and overall employment fell “for the first time this year …...

Fannie and Freddie De-listed From NYSE: Now What?

Bob Adelmann July 6, 2010

When ABC News announced that Fannie Mae and Freddie Mac would be de-listed by the New York Stock Exchange on July 8, writer...

Fannie/Freddie Bailout May Reach 1 Trillion

Thomas R. Eddlem June 15, 2010

Just when Americans thought that the bailouts were over, Bloomberg Financial News service reported on June 13 that the final tab for Fannie...

Fed Manipulations in the Crosshairs

Alex Newman June 9, 2010

Before the economic meltdown was in full swing, a Florida real-estate developer named William Pitts correctly read the signs pointing toward tough times...