This is another example of common knowledge that is wrong. The common knowledge is that government, through Keynesian stimulus saved us from the great...
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There are few economic indicators as grim as homelessness. In its fourth annual report on the state of homelessness in the U.S., the Department of Housing and Urban...
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This film explores the theory of money, and how today's monetary policies were formed.
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Bill Bonner here at The Daily Reckoning pretty much nailed the problem when he said that “During the 2001-2007 period, credit in the United States increased by...
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WASHINGTON – Bowing to populist anger, the House voted Friday to prohibit pay and bonus packages that encourage bankers and traders to take risks so big they...
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The month ended with the Dow's strongest July in 20 years -- up nearly 9 percent.But while there are signs of a rebound, the recession is not over. So it came as...
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Aug. 3 (Bloomberg) -- U.S. stocks advanced, sending the Standard & Poor’s 500 Index above 1,000 for the first time since November, and commodities rallied...
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A government report released Tuesday says a middle-income family with a child born last year will spend about $221,000 raising that child through age 17. The...
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If for some reason you have been thinking the price of a gallon of gas is what's posted on the price board at your favorite gas station, take a look at this report.
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NEW YORK (Reuters) - American International Group Inc , the insurer that received $180 billion of federal bailouts, posted its first profit in seven quarters on...
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On a side street in an old industrial neighborhood, a delivery man stacks a dolly of goods outside a store. Ten feet away stands another man clad in military...
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In this ArtfulWriter.com blog Craig Mazin (Scary Movie franchise writer-director) discusses a turn of events in Hollywood to something called the step deal. Now I...
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The productivity of American workers grew in the second quarter at the fastest rate in almost six years as employers slashed payrolls to bolster profits. On...
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The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week and retail sales disappointed in July. The latest government...
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US banks stand to collect a record $38.5bn in fees for customer overdrafts this year, with the bulk of the revenue coming from the most financially stretched...
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Dr Ron Paul and Peter Schiff have been calling out the faulty underlying economic principles in our economy for years….and they were right. ***This article...
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NEW YORK (Reuters) - U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained...
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DETROIT -- Ford Motor Co. returned to profitability in its second quarter and slowed its cash burn amid speculation that it may issue more equity to reduce its debt....
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The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting...
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July 19 (Bloomberg) -- Treasury Secretary Timothy Geithner should press banks for more information on how they use the more than $200 billion the government has...
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