Economy
Major Retailers Sue Visa and MasterCard Over Swipe Fees
After eight years of litigation, Visa and MasterCard are within shouting distance of their long-term goal: protection of a massive and increasing flow...
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 fall on deaf ears until the government runs out...
Read moreEnergy Department Seizes $21 Million From Failed Hybrid Automaker
The U.S. Department of Energy says it seized $21 million from the reserve account of hybrid automaker Fisker Automotive when it failed to...
Read moreAfter Gold Crash, Experts Point to Central Bank Manipulation
In the wake of gold prices cratering in recent days, more than a few prominent experts have already started pinning the blame on...
Read moreFHA in Line for Taxpayer Bailout
A likely bailout of another federal housing agency has drawn fire from congressional Republicans over an item in President Obama's budget that would...
Read moreFriday’s Jobs Report In Line with Reduced Expectations
Friday's jobs report from the Bureau of Labor Statistics buttressed the position of many who have seen a widening disparity between Wall Street's...
Read moreReality Gap Between Wall Street and Main Street Widens
The battle between a stock market that moves inexorably higher and an economy that continues to languish will be won when reality is...
Read moreEurozone Boss Seeks More Looting as Capital Controls Hit Cyprus
After looting some 30 percent of selected bank account holders’ deposits in Cyprus on behalf of the so-called “Troika”— the European Union (EU),...
Read moreCheap Abundant Natural Gas is a Game Changer, Says the IMF
A researcher at the International Monetary Fund expressed surprise at the greatly increased production of natural gas due to fracking and the law...
Read morePanic Grips Europe as Cyprus, EU, and IMF Confiscate Savings
Panic-stricken bank depositors in Cyprus emptied ATM machines across the nation after the surprise announcement Saturday that, as part of an extremely controversial...
Read moreMajor U.S. Companies Park Money Overseas to Save on Taxes
In a stunning depiction of how bad our tax code has become, the Wall Street Journal on March 10 found that 60 major...
Read moreFriday’s Surprisingly Strong Jobs Numbers Aren’t Real
According to Friday's Labor Department report, the economy generated 236,000 new jobs in February, dropping the unemployment rate to 7.7 percent. But these...
Read moreAmmo Shortages: More Than Simple Supply and Demand?
Despite much speculation that huge government agency orders for billions of rounds of ammunition are deliberately designed to result in "de facto" gun...
Read moreSubway Restaurant Founder Slams Destructive Federal Regulations
Fred DeLuca, the founder of Subway, the world's largest restaurant chain, said that he would not be able to start his successful business...
Read moreGas Prices May Drop in Short Term, But Will Likely Stay High
The price of gasoline, according to the Energy Information Administration, may fall in the near future, but will likely rise again and continue...
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