JPMorgan Chase Hit With China Bribery Probe
The banking giant with insider connections to the Fed is facing a new scandal, on the heels of its $6.2 billion "London Whale"...
Economy
Federal Court Rules That the Bitcoin Is Money
The federal court ruling that bitcoins are money is just one more step toward...
Declines in Trust, Revenues Force Sales and Spinoffs of Newspapers
Back-to-back sales of prominent newspapers this week continues a trend at least a decade...
Jobs Reports: U.S. Turning Into a Part-time Worker Economy
The gradual conversion of the American economy into one of part-time workers continues apace....
Home Ownership Rates Continue to Fall; New Plans to Reflate Bubble
In the face of evidence that home ownership rates continue to fall, bureaucrats are...
Taxpayers, Economic Outlook to Lose Big on the Auto Bailouts
Despite surges in revenue and a catalog of new vehicles from the U.S. auto...
Walmart Shrugs: Pulls Plans to Build Stores in Washington, D.C.
If Washington D.C.'s Mayor Vincent Gray doesn't veto a discriminatory minimum-wage law targeted at...
Federal Regulations Cut Standard of Living by 75 Percent Over 56 Years
There are political costs as well, but the 75 percent reduction in Americans' standard...
Taxpayers, Rockefellers Fund “Sustainable” Plot to Undermine Market
The Rockefeller Foundation, mega-banks, and even taxpayers via the U.S. Agency for International Development...
Detroit Creditors’ Haircut: 90 Percent
Detroit's Emergency Manager Kevyn Orr gave just two options to those creditors gathered in...
Central Banks’ Bubble Bursting, Sending Markets Down Worldwide
Central banking and Keynesian ideology make a toxic brew, the consequences of which are...
First Time Since 1995: U.S. Produces More Oil Than It Imports
The confluence of numerous factors in both Texas and North Dakota is working to...
Slowing Economy Confirmed
There are always unintended consequences when using Keynesian economic theories to try to jumpstart...
Major Retailers Sue Visa and MasterCard Over Swipe Fees
After eight years of litigation, Visa and MasterCard are within shouting distance of their...
Calls to Privatize the FAA Follow Controller Furloughs and Airport Delays
Calls to privatize government agencies like the Federal Aviation Administration (FAA) are likely to...
Energy Department Seizes $21 Million From Failed Hybrid Automaker
The U.S. Department of Energy says it seized $21 million from the reserve account...
After Gold Crash, Experts Point to Central Bank Manipulation
In the wake of gold prices cratering in recent days, more than a few...
FHA in Line for Taxpayer Bailout
A likely bailout of another federal housing agency has drawn fire from congressional Republicans...
Friday’s Jobs Report In Line with Reduced Expectations
Friday's jobs report from the Bureau of Labor Statistics buttressed the position of many...
Reality Gap Between Wall Street and Main Street Widens
The battle between a stock market that moves inexorably higher and an economy that...