Markets
Ethanol Mandates Mean Big Profits for Big Oil
The Energy Independence and Security Act of 2007 required oil refiners to add ethanol to their product or buy ethanol credits. Those credits...
Apple’s Issue With EU Order to Pay $14.5B Tax to Ireland Is About Sovereignty
When the European Commission ruled that Apple must pay $14.5 billion to Ireland in taxes, Apple vowed to fight back because the commission...
Read moreBill Would Prohibit Federal Reserve Bailouts for States, Cities
A coalition of Republican lawmakers introduced a bill in Congress that would prohibit any federal or “funny-money” funding to bail out to state,...
Read moreIs Trump Right About Trade?
Republican presidential candidate Donald Trump has made trade a signature issue of his campaign. Are trade agreements such as NAFTA and TPP bad...
Read moreRevolving Credit Lines to Oil Industry Pose New Hazards to Banks
Ten or the largest banks have $147 billion in revolving credit lines to the oil industry that are likely to expand their exposure...
Read moreWill a Market Selloff Turn Into Worldwide Recession?
Predictions of a global recession are now coming more and more from mainstream economists and analysts. ...
Read moreWith TPP Signed, Opposition Explodes Across Political Spectrum
With the Trans-Pacific Partnership (TPP) signed today in New Zealand by officials from the 12 governments and dictatorships ensnared in the sovereignty-smashing “free...
Read moreWhite House: GOP Congress Must Approve TPP “Obamatrade” Soon
Following a signing ceremony this week in New Zealand, the Obama administration is calling on the GOP-controlled Congress to hurry up and approve...
Read moreRobots Transforming China, Causing Heartburn at World Economic Forum
The Fourth Industrial Revolution — centered in China where indusrtrial robots are replacing humans — has many side benefits in addition to lower costs and...
Read moreMore Market Mayhem
Another brutal day on Wall Street saw more record declines in oil prices and chaos in the stock markets worldwide. ...
Read moreIs the Boom Over?
Stocks worldwide have been in a tailspin since the beginning of the year, triggered in part by the persistent decline in crude oil...
Read moreU.S. Stock Markets Drop Sharply Amid China Worries
According to Dow Jones, the first week of 2016 was the worst five-day start for the Dow on record. Over the course of...
Read moreOPEC Ignores Crude Oil Glut, Vows to Continue Pumping Flat Out
OPEC's implosion continues apace, with even more recent bad market decisions, proving that cartels never last. ...
Read moreMore Signs the Economy Is Slowing
Signs that the economy is slowing are not aberrations due to bad weather or attitudes, but harbingers of the next recession. ...
Read moreChina Bids for Sheraton/Westin Hotels; TPP Will Help Beijing Buyouts
Globalists insist buyouts of U.S. companies by communist China’s state-owned enterprises (SOEs) are a good thing. ObamaTrade/TPP praises SOEs, will speed Chinese takeovers....
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