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...
Oil Rebounds After EIA Stock Data Lower than Expected
The lower than expected number does not explain by itself why oil is appreciating, given the health ...
Bank of Canada Tries to Talk Loonie Back From Ledge
The Canadian dollar – AKA the “loonie†â€â...
European policy makers, a team consisting of individual actions. Disaster!
By now, one would have expected a vocal consensus on the ‘strengthening effectsââ...
UK government borrowing hits record £77bn six-month high
The debate on current government spending continues as Conservatives and analysts demand a cut, bu...
Oil moves past $80-a-barrel mark
As the equity rally continues, commodities continue to benefit as more compenies continue to beat ...
US Housing Starts Lower than Expected
Although the number was still in positive territory, the expectation from analyst was for a more sol...
US Producer Prices Fall 0.6%
Wholesale prices in the U.S. unexpectedly fell in September on lower fuel costs, a sign inflation re...