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Finance

Latest News

Money

June 28, 2016 at 11:17 am

The Market Just Held a Stress Test: Morgan Stanley, Met Life and Citigroup Flunk…

Last Friday’s market action, following the Brexit vote in the U.K., […] proved just how feeble the Fed is when it comes to assessing systemic risk and capital vaporization…

u.s .note choice 1922 twenty dollar gold certificate

June 28, 2016 at 9:12 am

Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard…

“If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we’d be fine”…

Italian Premier Matteo Renzi

June 28, 2016 at 9:11 am

Italy Eyes €40Bn Bank Rescue as First Brexit Domino Falls…

Italy is preparing a €40bn rescue of its financial system as bank shares collapse on the Milan bourse and the powerful after-shocks of Brexit shake European markets…

Yellen

June 24, 2016 at 7:08 pm

House Republicans Think the Fed Is In Conspiracy With the Rich: Are They Right?…

Yesterday, four Republicans on the House Financial Services Committee […] presented a persuasive argument that it’s really the Federal Reserve […] that’s sacrificing the poor and…

Office of Financial Research

June 24, 2016 at 6:13 pm

The Most Important Agency You’ve Never Heard Of…

The Office of Financial Research is meant to be the early-warning system for the next financial crisis. Is it doing its job?…

irs_theft

June 23, 2016 at 4:38 pm

IRS Admits to Illegally Seizing Innocent Citizens Bank Accounts…

This is actually happening to victims of a little-known form of civil asset forfeiture carried out by the IRS on the premise of “structuring” violations…

volkswagen_getty

June 23, 2016 at 3:05 pm

REPORT: Volkswagen to Pay $10.2B to Settle Emissions Scandal…

VW will spend the money to settle claims in the wake of last fall’s revelation the company installed software on its diesel vehicles designed to skirt federal emissions testing…

valvani

June 21, 2016 at 4:44 pm

Hedge Fund Manager Charged In Insider Trading Case Commits Suicide…

U.S. Attorney Preet Bharara in Manhattan charged Sanjay Valvani of fraudulently making $25 million by gaining advance word about FDA approvals of generic drug applications…

Neoliberalism

June 20, 2016 at 3:10 pm

Neoliberalism Nakedly Exposed…

“Austerity policies not only generate substantial welfare costs due to supply-side channels, they also hurt demand—and thus worsen employment and unemployment”…

U.S -Economy Public Domain

June 16, 2016 at 5:18 pm

15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See…

You are about to see undeniable evidence that the U.S. economy has been slowing down for quite some time. And it is vital that we focus on the facts…

June 15, 2016 at 5:21 pm

Federal Reserve Puts Interest Rates Rise on Hold. Blames Brexit…

Committee said Wednesday it ‘expects economic conditions will evolve in a manner that will warrant only gradual increases in federal funds rate’…

Panama Papers

June 15, 2016 at 5:00 pm

An IT Worker at the Panama Papers Law Firm Has Been Arrested…

It appears another technical insider may be connected to a leak at Mossack Fonseca, the law firm at the heart of the massive Panama Papers scandal…

Thank You

June 14, 2016 at 8:23 pm

Citigroup Trademarks ‘THANKYOU’ And Sues AT&T for Thanking Clients…

Not to be outdone by Citigroup, AT&T has applied to trademark “AT&T THANKS”…

Laid-Off Technology workers from Abbott Labs

June 14, 2016 at 7:23 pm

Laid-Off Americans, Required to Zip Lips on Way Out, Grow Bolder…

Some of the workers who were displaced are starting to speak out, despite severance agreements prohibiting them from criticizing their former employers…

banker suicides

June 14, 2016 at 7:21 pm

Why Are So Many Bankers Committing Suicide?…

Three bankers in New York, London and Siena, Italy, died within 17 months of each other in 2013-14 in what authorities deemed a series of unrelated suicides…

June 13, 2016 at 7:12 pm

Silicon Valley’s Audacious Plan to Create a New Stock Exchange…

The author of “The Lean Startup” and his team are in early talks with the Securities and Exchange Commission…

June 13, 2016 at 6:40 pm

How the Wealthiest Americans Got Rich May Surprise You…

“What has shaped generations of wealthy American families are their deeply held values and beliefs, rather than growing up privileged”…

June 13, 2016 at 3:10 pm

‘Leave’ Takes Shocking 19-Point Lead In Brexit Poll – “If It Happens, Gold Will Be The World’s Strongest Currency”…

“All I know is that if it happens, gold will be the strongest currency in the world”…

Related

  • Brexit Paranoia Creeps Into the Markets…

June 13, 2016 at 3:08 pm

Opinion Analysis: Puerto Rico’s Debt Woes Left to Congress…

For the second time in a week, the Supreme Court has rejected the government of Puerto Rico’s efforts to use its self-governing powers — this time, nullifying…

globalfreefall_2

June 10, 2016 at 5:41 pm

Bond Yields Around the World Fall to Records on Growth Outlook…

The rush into government bonds during 2016 shows no sign of reversing as a weakening global economic outlook and political risks fuel demand…

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Editor’s Picks

Paramount, Parent Company of CBS, Settles Trump Lawsuit for $16 Million over Election Interference After Editing Kamala Harris’s Answers in 60 Minutes Interview…

MORE: Rubio Officially Shuts Down USAID, Reveals Future Home for Foreign Assistance Programs…

It’s Official: ActBlue Busted — and They’re Cornered with Nowhere to Run…

RFK Jr. Unloads Disturbing Vaccine Secrets on Tucker—and Surprises Everyone on Trump…

RFK Jr. Calls for Truth Commission to Hold Anthony Fauci Accountable…

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