A Federal Reserve regional bank president on Thursday said board members should resign if they undermine public confidence in the central bank system. In the…
When you lose the lottery, you can’t blame anyone but yourself for taking a sucker’s bet. That’s not stopping those that took a Facebook flyer…
368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans. If a student loan bubble…
Sen. Jon Tester, the Montana Democrat, has raised the prospect that Commodity Futures Trading Commission Chairman Gary Gensler should be fired over his handling of…
SlashGearPinterest Raises $100 Million With $1.5 Billion ValuationWall Street JournalBy PUI-WING TAM Pinterest, the online scrapbooking website that has become a Silicon Valley darling because of its rapid user growth, has raised $100 million in a fina…
Tom and Pat Kelly spent 22 years living what many people consider the American dream: They owned a four-bedroom home with a pool and a…
Lenders are making loans to junk-rated companies. If economy stalls, may cause trouble. http://on.wsj.com/K08q2m via Lenders are making loans to junk-rated companies. If economy ……
One of the biggest frauds of the past few years took place yesterday. The International Swaps and Derivatives Association (ISDA) confirmed that no “event of default” has occurred with the Greek debt restructuring, therefore no payouts on any outsta…
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One Around Two
We are near the edge on a few situations in the FX markets. I’m watching the EURCHF and the USDYEN.
The market traded EURCHF to a low of 1.2032 today. It closed at a (slightly) safer 1.2044. I would not be surprised to see this cro…
JANUARY 10, 2012, 10:11 AM
Is the Stock Market Breaking Loose?
You might be wondering what has gotten into the stock market this morning.
So far this year it has stumbled heavy-lidded through one low-volume, low-movement day after another, and then su…
