Profit-Taking Drops Oil to $80
Renewed concerns over the strength of the global economy had traders taking profits ahead of what so...
US Existing-Home Sales Higher Than Expected
US home buyers took full advantage of the soon-to-expire $8,000 tax credit for first-time home buyer...
China does not want the dollar?
The question of ‘fair value’ will be the next ‘hotâÃ...
UK Unable to Shake Off Recession
The British pound got off to a rocky start today after the Office for National Statistics (ONS) anno...
UK Economy Shrinks Another 0.4 Percent
For the first time since Gross Domestic Product (GDP) figures were first recorded in 1955, Britain's...
Obama’s ‘Lost Decade’, made in Japan.
More Cbanks are laying the ground work for tighter monetary rate policies, Norway, Australia, New Ze...
Canadian Retail Sales Up 0.8% in August
Statistics Canada reported today that Retail Sales rose by 0.8 percent in August to $34.5 billion (U...
Stronger Dollar Causes Oil Prices to Retrace
After breaking though the $82 a barrel mark yesterday, oil futures fell 68 cents to $80.69 a barrel ...
Yes Comrade! Obama ‘orders’ pay cuts. What’s happening to Capitalism?
Obama’s orders to slash pay to bailed out financial companies is a kick in the teet...
Official Says It’s “Unrealistic” to Expect All TARP Money to be Repaid
Inspector General Neil Barofsky said in an interview with CBS's "The Early Show" that it was "unreal...
Unemployment Rises in 23 States
Unemployment in the US rose to 9.8 percent in September with twenty-three states registering an incr...
EUR passes US 1.50 Mark Eurozone Exporters Worry
Germany has already reported a fall in their trade surplus which later became part of a Eurozone d...
Mervyn King Calls for Splitting UK Banks
The statements from the Governor of the Bank of England, have stirred up debate as they were refut...
European Investors Flock to Eurozone Junk Bonds
The current low interest enviroment has made very risky assets more attractive and S&P is worried th...
Alistair Darling Versus BoE and Goldman
Interesting how Alistair Darling is against splitting up banks, but in favour of denying banks the...