Markets

Perot Vindicated as NAFTA Causes Mass Outsourcing of Jobs

During his 1992 presidential campaign, Texan Ross Perot was maligned for his warning that the North American Free Trade Agreement (NAFTA) would cause...

Kelly Holt February 14, 2011

AOL Acquires The Huffington Post

James Heiser February 9, 2011

In a clear case of having more dollars than sense, America Online (AOL) is undertaking its least palatable acquisition to date: Arianna Huffington’s...

Chairman Ron Paul to Tackle the Fed and Jobs

Christian Gomez February 3, 2011

According to a press release for February 2, Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul has announced the first subcommittee hearing...

Russia Moving to Gold Standard?

Christian Gomez January 28, 2011

With the value of the U.S. dollar exponentially declining since the establishment of the Federal Reserve Bank in 1913, it comes as no...

News Baron Murdock Set to Launch Daily iPad Paper

Dave Bohon December 1, 2010

Media mogul Rupert Murdock, whose News Corp. owns and operates scores of daily newspapers, including such standards as the Times of London, the...

Commodities Skyrocket After Fed Announces $600 Billion More Inflation

Thomas R. Eddlem November 4, 2010

One day after the Federal Reserve Bank's “Federal Open Market Committee” (FOMC) announced it would create an additional $600 billion in currency over...

IMF Outlook for Global Economy Gloomy

Charles Scaliger October 5, 2010

There is little growth on the horizon for the global economy, and a significant likelihood of further trouble, believes the International Monetary Fund....

Corn Syrup Makers Seek Name Change for Sweetener

Dave Bohon September 23, 2010

With high-fructose corn syrup suffering from years of bad press, and consumption of the popular sweetener falling to a 20-year low over concerns...

Recession is Over?

Bob Adelmann September 21, 2010

With a straight face, the National Bureau of Economic Research (NBER) announced that the Great Recession ended last June. June of 2009, that...

Bernanke Whitewashes Fed Responsibility for “Great Recession”

Thomas R. Eddlem September 3, 2010

Federal Reserve Board Chairman Ben Bernanke largely whitewashed Federal Reserve responsibility for the housing bubble and resultant economic recession in testimony before the...

Housing Bubble Refuses to Re-Inflate

Thomas R. Eddlem August 25, 2010

Housing sales dropped by more than 25 percent nationwide in July, according to the National Association of Realtors, after a federal tax credit...

Fed Confirms Recovery Stalled

Bob Adelmann August 11, 2010

When the Federal Open Market Committee announced yesterday that “the pace of economic recovery is likely to be more modest in the near...

From China, With Love

Bob Adelmann July 8, 2010

Addison Wiggin asked his readers to imagine an older happily married couple, having their usual morning breakfast together: They work well together, though...