For many years I have written a regular monthly preview of the Employment Situation Report. I have done extensive research on all of the methods and even visited the stat guys at the BLS to discuss their approach. My preview…
In a post-financial crisis world, the lack of viable international leadership is potentially troubling. In 2013, the WEF believes, this breakdown of international coordination will go increasingly local: in such a world, governments will focus more on their domestic agendas, which will create new risks in and of itself. Most importantly, the growing …
Roomy Khan, one of the first cooperating witnesses who helped build the U.S. government’s case against convicted hedge-fund manager Raj Rajaratnam, was sentenced to one year in prison.
The refi boom helped the online lender vault past its rivals in the mortgage market
Submitted by Jeff Clark via Casey Research,
The best indicator of a chess player’s form is his ability to sense the climax of the game.
–Boris Spassky, World Chess Champion, 1969-1972
You’ve likely heard that the German central bank announced it will begin withdrawing part of its massive gold holdings from the United States as well as all its holdi…
While we have pointed out various divergences among risk assets, the deterioration in macro fundamentals, the dismal earnings picture, and the potential for various geopolitical hotspots to ignite, there appears to be only one chart that the US equity market is willing to pay any attention to, for now – that of global central bank balance sheet size….
Harrisburg officials have identified dozens of sinkholes. But the Pennsylvania capital has a bigger problem: It has been shut out of the municipal-debt market and can’t afford to make the necessary repairs.
Governor McDonnell would replace the gas tax with higher sales taxes
Research In Motion were down 6% in New York, a day after it launched the first two BlackBerrys that will run on its new BB10 operating system.
Should I race across state lines with a bag of weed in the car?
With the passage of two states Colorado and Washington in the last election cycle to allow for recreational uses of marijuana without a prescription or medical excuse which is in violation of Federal Law. With states like California and Mont…
Via Michael Krieger of Liberty Blitzkrieg blog,
The price of anything is the amount of life you exchange for it.- Henry David Thoreau
Society is like a stew. If you don’t stir it up every once in a while then a layer of scum floats to the top.- Edward Abbey
When the rich wage war, it’s the poor who die.- Jean-Paul Sartre
The Stock Market: F…
In frozen Europe, investors take a look at booming Nordic companies
Morgan Stanley said it is nearly doubling the salary of CEO James Gorman to make it more competitive.
Sometimes, you hear a diagnosis that hits you hard. A doctor says your aging loved one has dementia.
Raise your hand if you are sick of the “new normal”—a period of low rates, low growth and stubborn unemployment.
While markets cheered the House of Representatives’ recent vote to temporarily suspend the debt ceiling, the US economy isn’t out of the woods yet. Russ highlights the two major risks it still faces.
We have long-discussed the growing concerns of a rising level of social unrest in Europe. Our go-to chart has been youth unemployment – and it still reigns supreme as the scariest chart for European leaders (no matter what they publically claim). JPMorgan’s Michael Cembalest shares our concern as he opines on the potential for a tear in the social fa…
Private-equity firm Forstmann Little has stopped shopping 24 Hour Fitness Worldwide after offers came in below the asking price, people familiar with the matter said.
Deutsche Bank said it swung to a net loss of €2.17 billion ($2.94 billion) in the fourth quarter as it was hit by restructuring and litigation costs, but its shares climbed on news of an increased capital cushion.
The regulator will collect about $800,000 in fines for stock and options trading and trade reporting violations at over a dozen brokerages, according to the regulator’s January disciplinary actions report.