As of October 2015, American consumers owe $8.17 trillion in mortgages, $900 billion in credit cards, and $1.19 trillion in student loans. Home mortg...
Only 37% of NYSE stocks are over their 200-day moving average. Usually, that's the kind of statistic you see in a bear market but, mi...
No one knows how tomorrow's October jobs report will affect Federal Reserve policymakers' views about whether to start raising interest rates in December. But here are some things to consider in assessing whether the job market is making the "continued progress toward maximum employment" that the Fed wants to see.
There are 30 million people who can afford a new iPhone without batting an eye - there's less people going to movies or going on vacations spending discretionary income, because the bottom 80% simply don't have any discretionary income to spend.
Here we go again! Yet another low-volume, BS rally takes us back to the "breakout" level of S&P 2,100 and we get moves like...
You'll hear a lot of people telling you how much Europe's PMI has improved (Asia's was terrible!) in October but, in reality, it still sucks compared to 2011.
We want to know why the Federal Reserve, funded and heavily run by the banks, is keeping interest rates so low that we receive virtually no income for our hard-earned savings while the Fed lets the big banks borrow money for virtually no interest.
Radical conservatives, such as Cruz, and libertarians believe gold to be a hedge against inflation. It is curious to be concerned about inflation at a time when it is at historic lows and short-term interests rates are at zero, making borrowing money just about free.
Adair Turner discusses his new book, Between Debt and the Devil: Money, Credit, and Fixing Global Finance and the critical questions -- and radical solutions -- that can help lift the economy for everyone.
The financial crisis came primarily from a revolving-door dance between two groups: Wall Street itself, and the government regulators overseeing Wall Street. Over the last decade, these two groups have increasingly become the same people.
Back in 2008, the global economy was severely injured, and policymakers have been struggling to provide the right medicine to heal it.
As time goes on, the case by those suggesting the Fed must act now before inflationary pressures kill off the economy grows weaker.
Last week, the Democrats received an unexpected gift from the Federal Reserve Board. Lael Brainard, a member of the Fed's Board of Governors, gave a speech in which she questioned the need for the Fed to raise interest rates.
Landscape architecture is an innately ephemeral art form and a new exhibition at the National Building Museum in Washington, D.C. provides opportunities to examine a body of work, explore its significance and ponder its future.
Even former Fed Chair Ben Bernanke has been irked by right wing conservatives for doing just the thing that most conservative economists, such as Martin Feldstein, and even arch-free market theorist Milton Friedman, said was the right thing to do during recessions--inject more money into the economy.
A collective effort to deliver a policy upgrade is needed urgently to face up to rising challenges in an uncertain world, to ensure financial stability and better growth prospects. Three percent of global output is at stake.