Wealth Wire Archives
Economy ArchivesU.S. Downgraded.... - 2011-08-06
S&P downgraded the United States AAA credit rating for the first time Friday night.
Roubini: 50% Chance of Recession - 2011-08-05
And even if we don't end up in a recession, it'll still feel like it...
"Underemployment" at 16.1%, Unemployment at 9.1%, Many "Give-Up" - 2011-08-05
Recession fears are on the rise. Economy has a lot of "growing up" to do before deficits can be cut and jobs can be created...
This Guy Lost $8 Billion This Week - 2011-08-05
You think you had a bad week in the market? Well, this fellow had it way worse...
Gold to Return as "The Anchor of Stability" - 2011-08-05
Gold and silver prices likely to rally on crashing stock market, poor labor reports, and QE3...could the world end up returning to the gold standard?
Stock Market Bloodbath - 2011-08-04
Here is a quick clip from hedge fund titan Barton Biggs. In it he discusses the recent drop in the DOW, and explains the "panic sale."
Businesses Hitting Pawn Shops to Make Payroll - 2011-08-04
Why small business owners are turning to pawn shops for help to cover their payroll...
U.S. Debt is Now More than 100% of Country's GDP - 2011-08-04
The U.S. Treasury announces the debt has now surpassed 100% of our GDP, first time since WWII
True or False: QE3 is Right Around the Corner - 2011-08-04
Is this really such a tough code to crack? See for yourself...
FABER: Welcome to the Bear Market - 2011-08-04
Marc Faber, on why he's is "ultra-bearish" about EVERYTHING...
Gas Prices Could Drop 15 Percent - 2011-08-04
Hallelujah for some good news! Take a look at these charts...
Gold AND the Dow Heading to 2887? - 2011-08-04
Gold is on a meteoric rise, and the Dow is about to plummet. Will they meet in the same place? Peter Schiff thinks so...
Rare Earth Stockpile Found in Nebraska - 2011-08-04
This small town could be America's answer to China's rare earth dominance...
July Layoffs Skyrocket - 2011-08-03
When unemployment rates should be dropping, more planned layoffs occurred last month than in over a year...
Drunken Bernanke Says "U.S. Dollar in the Toilet" - 2011-08-03
Ever wondered what Ben Bernanke would have to say about the economy after a few cold ones?
50% Chance of New Recession, Says Economic Panel - 2011-08-03
The market has taken another hit with the summer on its way out, as consumer and government spending has tightened of late. Why many prominent economists see another recession headed our way.
U.S. Credit Rating Downgraded by China's Agency - 2011-08-03
Even while averting default, the U.S. was unable to deter from previous downgrade fears. China's Dagong Global Credit Rating Co cuts the U.S. credit rating and their may be more downgrades to follow.
Had You Bet on U.S. Treasuries Last Month, You'd Have Made a Fortune - 2011-08-02
See just how much these investors got, and how you can get in on it now...
Putin Calls U.S. a "Parasite" on Global Economy - 2011-08-02
The Russian Prime Minister unleashes on the dollar as a currency reserve...
Obama Signs Debt-Limit Compromise - 2011-08-02
President Obama signs the debt-limit compromise to avoid a U.S. default on August 2
The ONLY Times to Use a Credit Card - 2011-08-01
Warning: Do not use your credit card until you read this...
5 Safest Places to Invest After the Downgrade - 2011-08-01
You need to check out these safe-havens, before the government loses it's triple-A rating...
The 10 Most Unbelievable Quotes from the Debt Ceiling Debate - 2011-08-01
The debt ceiling debates have shown the American people a side of Washington we don't want to see again, but it has brought us some priceless quotes...
Why the Debt Debate is Like "Lord of the Rings" - 2011-07-29
Politicians prove to be better entertainers than problem solvers. Stephen Colbert has an equally-entertaining follow-up skit.
Can the Government Really Default? - 2011-07-29
Debt talk continue with no resolution, as the deadline looms large. The Treasury Department may use any means necessary to avoid default, and over drafting on the US balance sheet isn't out of the question.