JP Morgan Trading Loss Balloons to $9 Billion
When the New York Times reported that the losses resulting from the failed trade made by JP Morgan Chase (JPM) earlier this year...
Economy
More Banks — 11 in Brazil — Face Credit Downgrades
Moody’s downgraded the credit ratings of 11 Brazilian banks on June 27. Some banks had reductions of...
For Billionaires Only: Uncle Sam’s Real Estate Fire Sale
“The largest transfer of wealth from the public to private sector is about to...
Is General Motors Now China Motors?
General Motors' CEO Dan Akerson supports increasingly closer ties with the Chinese tyrants, explaining that it's...
China Buys Hollywood Influence with Takeover of Top U.S. Cinema Chain
A massive China-based conglomerate headed by a member of the nation’s ruling Communist Party...
JOBS Act Is Starting to Work
ClearSign Combustion in Seattle, Washington, is one of the first small “early-stage” companies to...
The Real Unemployment Rate
The real unemployment rate is remarkably stable and it hovers around 41 percent. Demographically,...
Jamie Dimon, JP Morgan Chase & The Fed: Billions & Trillions for Insiders
JPMorgan Chase CEO Jamie Dimon's admission to a $2 billion bank loss barely counts...
Fed Approves First Communist Chinese Takeover of U.S. Bank
In a landmark step with global implications, the Federal Reserve — despite national security...
AG Secretary Tom Vilsack Uses Farm Bill to Support Obama’s Reelection
Agriculture Secretary Tom Vilsack says spending cuts proposed by House Republicans are creating an...
Ending “Too Big to Fail” Gaining Momentum?
Just two days separated a letter from Matt Taibbi of Rolling Stone magazine and...
Global Government Debt Crisis Emerging
A sugar-coated analysis of the global economy released by the International Monetary Fund April...
Canada Moves Closer to Cashless Society With Digital MintChip Currency
As free market-based digital currencies like Bitcoin and e-gold continue to gain traction around...
Solar Firm That Turned Down Gov’t Loan Fails — But Are Taxpayers Really Off the Hook?
Solar Trust of America, an energy firm based in Oakland, California, declared bankruptcy on...
HUD Grant Program Awards Millions of Dollars to Leftist Groups
The Housing and Urban Development Department (HUD) is doling out $42 million in federal...
Goldman Sachs Reeling from Employee Charges, CFTC Fine
Goldman Sachs Corporation is facing a new wave of charges of not looking out...
Taking Stock of Obama’s Dividend Tax Hike Proposal
In his 2013 budget proposal, President Barack Obama is asking for what amounts to...
Indian Tribes Hop Aboard Obama’s “Clean Energy” Gravy Train
As part of its Tribal Energy Program, the U.S. Department of Energy is providing...
Proposed Fuel Standards Could Hurt Car Makers
The Obama administration continues to set unfavorable conditions for businesses to prosper, this time...
Foreclosure Settlement Bails Out the Big Banks
The report from The New York Times on Wednesday about the foreclosure settlement reached...
