Iran Sanctions Leave China, Russia as Winners in Trade
Ali Sheikholeslami, Anthony DiPaola and Alaric Nightingale Bloomberg Sanctions punishing Iran for its nuclear program are deepening the country’s ties with China and handing Russia…
Bloomberg
Deceptive Economic Statistics: While the economists lied the US economy died
Paul Craig Roberts Infowars On August 17, Bloomberg reported a US government release that industrial production rose twice as much as forecast, climbing 1 percent. Bloomberg…
Market Compass Goes Awry When Governments Steal
Mark Gilbert Bloomberg Have you noticed how the needle of that market compass you inherited swings randomly from North to South and back again, no…
U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff
Laurence Kotlikoff Bloomberg Let’s get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills. What it can…
Stocks Slip on Unemployment Numbers
Elizabeth Stanton Bloomberg U.S. stock-index futures slipped, signaling the Standard & Poor’s 500 Index may retreat from an almost three-month high, as an unexpected increase…
Insurers Rip Off Families of Fallen Soldiers
Caroline Miller Newser It turns out that insurers handling death benefits for American soldiers have got a sweet scam going that enables them to keep…
Wall Street Is Laundering Drug Money And Getting Away With It
Zach Carter AlterNet Too-big-to-fail is a much bigger problem than you thought. We’ve all read damning accounts of the government saving banks from their risky…
Bank of America Says $10.7 Billion of Trades Wrongly Classified
David Mildenberg and Dakin Campbell Bloomberg Bank of America Corp., the largest U.S. bank by assets, said it wrongly classified as much as $10.7 billion…
Investors Seeking to Protect Wealth: Gold Hits Another New Record
By Nicholas Larkin and Kim Kyoungwha – Bloomberg Gold rose to a record in London and New York as other commodities gained on speculation demand…
States on Life Support via Federal Stimulus Funds
By Rich Miller and Anthony Feld June 14 (Bloomberg) — Spending cuts by state and local governments from New York to California may act as…