Wealth Wire Archives
Economy ArchivesU.S. Home Values to Drop by $1.7 Trillion This Year - 2010-12-09
It now brings the loss since the June 2006 home-price peak to $9 trillion
Unhappy Democrats say tax bill likely to pass - 2010-12-09
"We're going to have an increase in taxes on working Americans..."
U.S. May Have 'Problem' Meeting Surging Wheat Demand - 2010-12-09
As much as 8 million metric tons of wheat harvest may be downgraded
The Chinese Consumer is Awakening - 2010-12-09
The age of the Chinese consumer is becoming more apparent and investment has been off the charts. With a fifth of the earth's population, this will have global effects.
Why Ben Is Addicted To Failure - 2010-12-09
Bernanke is rivaling -- and may yet surpass -- G. William Miller, as the worst Fed head in history
U.S. Fiscal Health Worse than Europe's - 2010-12-08
And why the US dollar will be the safe investment for the next six to 12 months
Canada's Housing Market to Cool in 2011 - 2010-12-08
Re/Max just released a report predicting that the number of homes purchased in Canada will likely fall next year. Short Canada housing stocks accordingly.
Tax Appeals are Just Now Swamping U.S. Cities - 2010-12-08
The fiscal flood that threatens to swamp local government budgets even more
Food Stamp Usage on the Rise - 2010-12-08
In order to get by, more and more Americans are turning to government issued food stamps, as the rate of use saw a 16% jump in just a year's time.
America Laughs As Jon Stewart Explains How Ben Bernanke Is Robbing It Blind - 2010-12-08
Somehow catching Ben Bernanke lying on national TV has become a national sport
Jim Rogers: Some of Europe is Already Bankrupt - 2010-12-07
And "you need to let Ireland go bankrupt," he says
Thoughts on the Tax Cuts - 2010-12-07
The plan may be providing big hopes and coming up well short
Obama Extends Bush-Era Tax Cuts - 2010-12-07
As long as he federal unemployment insurance is extended, high income taxpayers can have their Bush-era tax cut
China may raise interest rates this weekend - 2010-12-07
Beijing is switching to a "prudent" monetary policy instead of its "moderately loose" stance
The Dumbest Things Ben Bernanke Has Ever Said - 2010-12-07
You won't know whether to laugh or cry at the stupidity
WikiLeaks Ready to Release Giant 'Insurance' File if Shut Down - 2010-12-06
Wikileaks founder, Julian Assange, says his company is ready to release more sensitive information if his site is taken down. More from the poison pill of state and commercial secrets.
Bernanke Explains How QE2 is Not "Money Printing" Again - 2010-12-06
This fear of inflation is way overstated, he says. And we ask, what world is he living in?
Obama to Renew Opposition to Tax Rate Extension - 2010-12-06
Lawmakers are still deadlocked on how to handle it
No end in sight to U.S. economic crisis - 2010-12-06
The percentage of the unemployed in the U.S. lurches steadily towards the dreaded 10% mark, and this chart highlights more of that concern.
Bernanke Says More Fed Purchases Certainly Possible - 2010-12-06
The economy is barely expanding at a sustainable pace and that it's possible the Fed may expand bond purchases beyond the $600 billion
America's Next Financial Crisis - 2010-12-06
Next year could be "the worst year of this four- or five-year downturn period"
Bernanke Says It'll be Years Until we See Normal Unemployment - 2010-12-06
Congress shouldn't cut spending or boost taxes given how fragile the economy remains, he says
Unemployment up to 9.8% - 2010-12-03
That matches the longest stretch at such an elevated level since World War II
Economy Needs To Create 235K Jobs A Month To Return To Pre-Depression Levels - 2010-12-03
According to the numbers from Zero Hedge the economy would need to create 235K jobs a month to return to prerecession levels. This is an economic collapse you can finally believe in.
The Scariest Jobs Chart Ever - 2010-12-03
Just when it looked like things might be turning up on the jobs front...