CBI Governor Valiollah Seif said the project to use national currencies in trade transaction between Iran and Russia was in final stages. Governor of Central Bank of Iran, upon returning from Moscow, said talks were held with the Central Bank of Russia over linking Mir payment system of Russia and Iran’s Shetab (Interbank Information Transfer […]
Finance
Latest News
Number of U.S. College Grads Working for Minimum Wage Jobs Hits All-Time High…
Jobs in professional fields are paying less than they did before the 2007 crisis, and many recent college graduates are settling for work in low-paying sectors of the economy, where gains in wages and promotions happen more quickly for highly-qualified employees. Kristian Rouz – Wage stagnation, which has plagued the US economy for almost two […]
EU Blocks Stock Exchange Mega-Merger Between Germany and Britain…
EU antitrust regulators have rejected the proposed €29 billion ($31.3 billion) merger of Deutsche Boerse and the London Stock Exchange (LSE). The combined exchange would have become the largest in Europe. “The Commission cannot allow the creation of monopolies, and that is what would have happened in this case,” Margrethe Vestager, the EU’s antitrust commissioner, […]
Partner at Paulson & Company Jumps to His Death in Midtown Manhattan…
A 56-year-old partner at Paulson & Co., who was best known for losing billions of his clients’ money to Bernie Madoff’s Ponzi scheme when he ran the Fairfield Greenwich fund of funds, leaped to his death from the luxury Sofitel hotel in midtown Manhattan. Charles W. Murphy was wearing a dark business suit when he […]
Consumer Confidence Soars Highest in 16 Years…
Consumer confidence in March soared to the highest level in more than 16 years, according to data released Tuesday. The Conference Board said its consumer confidence index leapt to 125.6 in March from 116.1 in February, coming in well ahead of the MarketWatch-compiled consensus of 114.1. The reading gave a pop to U.S. stocks DJIA, […]
London Is Crowned Global Finance King…
London has kept its crown as the world’s top financial centre in a big boost for Britain following the Brexit vote. The capital once again pipped New York to the number one spot in the twice-yearly Global Financial Centres Index, despite concerns about the impact of leaving the European Union on the City. The report […]
Taxpayers Spend 6.1 Billion Hours, $234 Billion Per Year on Tax Compliance…
Taxpayers spend 6.1 billion hours a year just to comply with the federal tax code, according to experts at a Tax Foundation event on Monday. Pete Sepp, president of the National Taxpayers Union, said that tax compliance costs taxpayers $234 billion per year in direct costs and lost productivity. “The problem is the status quo—thinking […]
One-Million-Dollar Coin Stolen from Berlin Museum…
The face value of the coin is one million dollars, but its market value is estimated at four million dollars. Called the “Big Maple Leaf,” the piece weighs 100 kilograms (220 pounds). Issued by the Royal Canadian Mint in 2007, like all Canadian coins, it features the portrait of Queen Elizabeth II. It has a […]
Populism Is the Result of Global Economic Failure…
The rise of populism has rattled the global political establishment. Brexit came as a shock, as did the victory of Donald Trump. Much head-scratching has resulted as leaders seek to work out why large chunks of their electorates are so cross. The answer seems pretty simple. Populism is the result of economic failure. The 10 […]
Related
EU Clears U.S. Chemical Giants Merger…
On Monday, the European Commission cleared the merger between US chemical companies Dow and DuPont. It said the $130-billion merger would not affect competition on price and choice, and would not reduce innovation. This is on condition that DuPont divests its global pesticide business, including its global research and development branches…
First Time In History, Mortality Rate Among Middle-Aged Whites Outpaces Blacks…
White middle-aged Americans are dying at faster rates than any time in recent memory, according to research by Princeton University Professors Anne Case and Angus Deaton. Mortality rates for white non-Hispanic persons with a high school education or less now surpass those of blacks overall, the professors found. In fact, death rates are 30 percent […]
David Rockefeller & October Surprise Case by Robert Parry…
On March 23, 1979, late on a Friday afternoon, Chase Manhattan Bank Chairman David Rockefeller and his longtime aide Joseph Verner Reed arrived at a town house in the exclusive Beekman Place neighborhood on New York’s East Side. They were met inside by a small, intense and deeply worried woman who had seen her life […]
Starbucks Doubles Down on Military Hiring After Boycott Threats…
Starbucks Corp., after facing a backlash for promising to hire refugees, plans to employ more U.S. military veterans. The coffee retailer will hire 25,000 veterans and their spouses by 2025, it said on Wednesday. Starbucks already has brought on 10,000 of them, ahead of a previously set goal. As part of its global expansion, more […]
How Antonio Lee Snuck A Fake $3.6 Trillion Acquisition Past The SEC…
Antonio Lee, “an American entrepreneur” and “world renowned artist,” can be described as almost anything except humble…”scam artist” fits pretty well. According to his official bio, Lee began his career in the cosmetology field, “as a barber”, but quickly decided he was better suited to raise a $1 trillion “art investment fund”…
Dalio Elitism Exposed In New Report Slamming Populism: “Arises From Common Man, Typically Not Well-Educated”…
Back in mid-January Bridgewater’s Ray Dalio, speaking at the World Economic Forum in Davos, offered up his first thoughts on the populist wave sweeping across the globe (we covered it here). And, once you’ve recovered from the laughing fit inspired by the irony of a bunch of billionaires sitting around discussing their displeasure with the […]
Related
Rich Get Even Richer…
Microsoft co-founder Bill Gates has has retained the title of the world’s richest man for the fourth year in a row, with a record 2,043 billionaires worldwide, Forbes magazine’s annual list revealed. Bill Gates wealth has been estimated by Forbes at $86 billion as the tech mogul and philanthropist earned around $11 billion over the […]
The True Legacy Of David Rockefeller…
No one person encapsulates the enduring legacy of the “robber barons” of the Industrial Age quite like David Rockefeller. Rockefeller, who died today at the age of 101, was the last surviving grandson of John D. Rockefeller, the oil tycoon who became America’s first billionaire and the patriarch of what would become one of the […]
No, the Trump Budget Is Not Cutting the Meals on Wheels Program…
Various media outlets have published articles claiming that the Trump administration’s federal budget will eliminate funding for the Meals on Wheels program, whose volunteer drivers deliver hot meals to senior Americans across the country. But the federal budget is cutting funds to a federal grant program that provides just three percent of the Meals on […]
Fox News Pulls Judge Napolitano Off Air Due To Prior Comments on UK Trump Surveillance…
Apparently Rupert Murdoch has taken action against Judge Andrew Napolitano as an outcome of his broadcast report on British Intelligence coordinating surveillance activity with the NSA – Backstory HERE – A few weeks earlier Napolitano was on Fox Business News saying President Trump was the first president to confront The Deep State…
Trump Adviser Is Betting Millions of Dollars That Trump Will Take His Advice…
Carl Icahn, the high-stakes financier who has been using his position as a Trump adviser to push for a major rule-change affecting the ethanol industry, is now literally betting millions of dollars on financial markets that Trump will take his advice. As previously reported at The Intercept, Icahn has pushed to get the Environmental Protection […]
- « Previous Page
- 1
- …
- 133
- 134
- 135
- 136
- 137
- …
- 154
- Next Page »