Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash
Article By:
Tyler Durden
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Friday, November 21, 2014 7:04 AM EDT
Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time.
Rail Week Ending 15 November 2014: Another Soft Week Inside A General Growth Cycle
Article By:
Steven Hansen
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Friday, November 21, 2014 6:37 AM EDT
Rail growth this week continues to demonstrate an improving economy - but the rate of growth softened in all of the rolling averages.
US Daily Cash Deficit
Article By:
Scott Anderson
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Friday, November 21, 2014 6:28 AM EDT
As expected revenues have pulled back to even as last year’s TARP revenue failed to come through this year….not a surprise.
Big Tobacco Launches A “Safer” Cigarette. It Won’t Stem The Decline
Article By:
Charles Sizemore
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Friday, November 21, 2014 5:03 AM EDT
RAI made headlines this week by announcing the planned launch of the Revo, a “safe” cigarette that heats tobacco rather than burning it. PM has a similar product in the works for sale overseas.
10 Examples Of The Social Decay That Is Eating Away At America Like Cancer
Article By:
Michael Snyder
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Friday, November 21, 2014 4:46 AM EDT
Something is happening to America that no amount of money will be able to fix.
Have Central Banks Entered An Undeclared War?
Article By:
Charles Hugh Smith
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Friday, November 21, 2014 4:29 AM EDT
The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy.
What Are Consumers' Experiences And Expectations Regarding Credit Demand?
Article By:
Global Economic Intersection
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Friday, November 21, 2014 4:06 AM EDT
Applying for an auto loan over the next twelve months has remained stable at 8 to 10 percent.
The $1 Million Baby Blue Cross Refuses To Pay The Bill
Article By:
Martin Armstrong
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Friday, November 21, 2014 1:44 AM EDT
The Million Dollar Baby Blue Cross Refuses to Pay the Bill. Heath Insurance is getting to be a real fraud.
A Long-Term Look At Inflation
Article By:
Doug Short
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Thursday, November 20, 2014 5:59 PM EDT
The Consumer Price Index for Urban Consumers (CPI-U) released this morning puts the October year-over-year inflation rate at 1.66%, off the May 19-month high of 2.13%.
The Global Economy’s Slowdown Weighs On US Manufacturing
Article By:
James Picerno
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Thursday, November 20, 2014 4:03 PM EDT
The first hint that the global economy’s recent weakness is creeping into the US arrived in today’s preliminary November update of the Markit US Manufacturing Purchasing Managers Index (PMI).
Roger Babson's Ten Commandments For Investing
Article By:
Jesses-Cafe-Americain
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Thursday, November 20, 2014 3:33 PM EDT
Some friends and I were discussing Roger Babson earlier today. As you may recall he was an MIT trained engineer who became a famous stock market analyst and financial theorist.
Abe Calls Election Because Of Revolt In Ruling Coalition
Article By:
Russ Winter
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Thursday, November 20, 2014 2:32 PM EDT
The real reason for the election is that Abe is facing a mutiny against him inside the ruling Liberal Democratic and Komeito parties.
US Pension Insurer Needs A Bailout
Article By:
Acting-Man
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Thursday, November 20, 2014 12:49 PM EDT
The Pension Benefit Guaranty Corporation is insuring the pensions of more than 40 million Americans employed in the private sector that have defined benefit pensions.
October 2014 Leading Economic Index Up Sharply, Good Growth Predicted Throught The Holiday Season
Article By:
Steven Hansen
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Thursday, November 20, 2014 11:24 AM EDT
The Conference Board Leading Economic Index (LEI) for the U.S. improved sharply 0.9% over last month. The index growth has been noisy but remains in a growth trend.