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Financial News

6 Things to Think About When Spending Your Tax Refund

Steve Siebold | Posted 06.16.2015 | Money
Steve Siebold

The IRS tax filing deadline is this week, and the average refund so far has been about $3,500. The question is: what should you do with that refund? The truth is, a tax refund can be a lifesaver for some, but can cause more trouble for others.

The Rich Are Getting Richer; 7 Secrets to Their Success

Steve Siebold | Posted 01.21.2015 | Money
Steve Siebold

In my 30 years of interviewing more than 1,200 of the world's wealthiest people, I've found some major differences in how the wealthy approach money compared to the middle class.

Why Eric Cantor Sold Out Ridiculously Cheap

The Huffington Post | Zach Carter | Posted 09.06.2014 | Politics

The world is full of dorky bank stuff. Dorky bank stuff makes some people very rich, and far more people very poor, and still more people very confuse...

Find the Needles in the Financial Pornography Haystack

Dan Solin | Posted 06.01.2014 | Business
Dan Solin

How many times have you read observations about investors being "nervous" about "missing gains"? Do you ever wonder who these investors are, or how the author has been able to accurately characterize their collective mood?

Stupid Things Finance People Say

The Motley Fool | Posted 04.20.2014 | Business
The Motley Fool

My job requires reading a lot of financial news. It's one of my favorite parts. But it gives me a front-row seat to the downside of financial journalism: gibberish, nonsense, garbage, and drivel. And let me tell you, there's a lot of it.

An Investing Perspective

Dan Solin | Posted 04.13.2014 | Business
Dan Solin

The core of the problem is the media need to fill up time and pages with fresh news or they won't be able to capture your attention. Much of the "news" is of little help to investors. Often, it is misleading and harmful.

Are Canadian Energy Stocks Set for a Rebound?

James Stafford | Posted 01.25.2014 | Business
James Stafford

As Canadian energy stocks are finally seeing a bit of a push, and demand for Canadian commodities looks set to rise, juniors are confident that economics will ensure that Canadian oil--the cheapest in the world--will find its way to more markets, with or without Washington's approval of Keystone XL.

The Big Winners in Kenya's Oil Debut

James Stafford | Posted 12.24.2013 | Business
James Stafford

These wells -- targeting 700 million barrels between just the two of them -- are in eastern Kenya, and this is where Taipan is. The catalysts here for Taipan are increasing by the day.

Japan's Latest Challenge: Rising Bond Yields

Jared Bernstein | Posted 07.23.2013 | Business
Jared Bernstein

Some facts about the impact of Japan's aggressive stimulus program to inject $1.4 trillion into the economy over the next two years.

Kenyan Oil -- Hot and Getting Hotter: Interview With Taipan's Maxwell Birley

James Burgess | Posted 03.26.2013 | Business
James Burgess

Kenya has become the hottest oil and gas venue in East Africa since big discoveries were made in the country's virgin oilfields last April. All eyes are on Kenya in 2013 to see how quickly -- and economically they can develop those discoveries into production.

Why High Oil Prices Aren't Necessarily a Bad Thing -- Interview With Ed Dolan

James Burgess | Posted 12.22.2012 | Business
James Burgess

We were fortunate enough to speak with the well-known economist Ed Dolan on various energy and economic issues. Ed writes the popular economics blog Ed Dolan's Econ Blog.

The "East Coast" Bias of Media Financial Pessimism

Terry Connelly | Posted 09.20.2012 | Business
Terry Connelly

Anyone obsessively following the commentary of financial news on cable news networks or the Wall Street Journal -- all based in New York City -- would be struck by the almost unrelenting pessimism that characterizes their editorializing and "straight" reporting, on the actions of the Fed and the ECB.

Energy Markets Being Driven by Fear

Daniel J. Graeber | Posted 10.24.2012 | Green
Daniel J. Graeber

A lackluster economic recovery, coupled with cautious consumer sentiment, is keeping demand for petroleum products suppressed.

CNBC: Shrinking Middle Class? No Problem!

Mark Gongloff | Posted 10.23.2012 | Business
Mark Gongloff

It must be nice to live in CNBC's world, the best of all possible worlds, where the glasses are always half-full and the rich get richer but the poor don't get poorer.

Biggest Financial Scandal In History Is Getting No Airtime

Mark Gongloff | Posted 10.01.2012 | Business
Mark Gongloff

The biggest financial scandal in history has gotten all of zero minutes' air time on the ABC and NBC nightly news broadcasts and only a little more time than that on CBS and the major cable news channels.

European Debt Crisis Threatens U.S. Money Market Funds

Posted 11.20.2011 | Business

WASHINGTON (Mark Felsenthal) - When Lehman Brothers collapsed in 2008 and shattered the belief that U.S. money market funds would never "break the...

Large Bank To Sell Investments Backed By Loans In Default

The Huffington Post | Bonnie Kavoussi | Posted 11.16.2011 | Business

JPMorgan Chase is reaching back into the playbook, and the result could help the housing market hit bottom. The newly-minted largest bank in the c...

Bonnie Kavoussi

Volcker Rule Has Been Watered Down, Experts Say

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.11.2011 | Business

Federal regulators released on Tuesday a draft of the long-anticipated Volcker rule, a regulation that will limit large banks' bets with their own mon...

Bonnie Kavoussi

Europe Could Cause U.S. Financial Crisis

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.06.2011 | Business

If European politicians are unable to contain their sovereign debt problems, Wall Street could be on the brink of another financial crisis, according ...

Bonnie Kavoussi

European Crisis Could Tip U.S. Into Recession

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.04.2011 | Business

As the Greek government appears increasingly likely to default on its debt, economists are envisioning potentially dire spillovers to the United State...

Citibank To Impose $20 Fees On Some Customers

The Huffington Post | Bonnie Kavoussi | Posted 12.03.2011 | Business

Citibank will charge some customers up to $20 per month for low account balances starting later this year, according to a report in the Los Angeles Ti...

Goldman Sachs Could Be Headed Toward First Loss Since Financial Crisis

The Huffington Post | Bonnie Kavoussi | Posted 11.23.2011 | Business

Growing concerns about the weakness of economic growth around the world are increasingly dimming prospects for American financial institutions, amplif...

Bonnie Kavoussi

Federal Reserve Keeps Power On Reserve For Another Day

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.22.2011 | Business

NEW YORK -- Another major policymaker has decided to take a more detached stance toward the economic slowdown. Federal Reserve Chairman Ben Bernank...

Bonnie Kavoussi

As Greek Default Appears Increasingly Likely, European Markets Tumble

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.20.2011 | Business

Amid falling European markets and mounting fears of a Greek government default, European financial ministers gave Greece an ultimatum Monday: approve ...

Bonnie Kavoussi

In Greece, American Economic Recovery Is At Stake

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.17.2011 | Business

Once again, the global economy seems vulnerable to a crisis brewing in a single country, as the turmoil in Greece and the risk of a government default...