Fed vows low rates for two more years
The US Federal Reserve © AFP Karen Bleier AFP WASHINGTON (AFP) – The Federal Reserve pledged Tuesday to hold interest rates near zero for two…
Finance
Debt crisis bites despite global leaders’ efforts
© AFP/File Toshifumi Kitamura AFP FRANKFURT (AFP) – Battered markets tumbled further Tuesday despite world leaders vowing to bolster financial stability, with Barack Obama defending…
Ron Paul: I’m Surprised AAA Downgrade Didn’t Happen A Lot Sooner
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S&P downgrade showed ‘terrible’ judgement: Geithner
The White House said Treasury Secretary Timothy Geithner is staying on as US Treasury secretary © AFP/File Nicholas Kamm AFP WASHINGTON (AFP) – Treasury Secretary…
Fresh credit warnings as US lawmakers trade blame
The statue of the first US Secretary of Treasury, Alexander Hamilton, in front of the US Treasury Department © AFP/Getty Images/File Chip Somodevilla AFP WASHINGTON…
Greenspan sees negative market take on downgrade
Alan Greenspan said Sunday he believes the financial markets will react negatively to the downgrade of the US credit © AFP/Getty Images/File Mark Wilson AFP…
5 Expected Results from U.S. Rating Cut
Wall Street – AFP File Image Brandon Smith Alt-Market Around the world, starting Monday, all eyes are on the markets. The tension is palpable. The…
US downgrade fuels political inferno
The US Capitol Building dome in Washington, DC © AFP/File Jewel Samad AFP WASHINGTON (AFP) – America’s historic loss of its top-notch credit rating failed…
US loses AAA rating for first time
Standard and Poor’s have revised the US credit rating downwards to a AA+ with a negative outlook © AFP Stan Honda AFP WASHINGTON (AFP) –…
As promised, S&P downgrades United States AAA credit rating
Madison Ruppert, Contributing Writer Activist Post That sure was fast, Standard and Poor’s has already cut the American long-term credit rating from AAA to AA-plus…
“Locavesting”: Investing In Main Street Instead Of Wall Street
What if you didn’t send your money to a faceless investment bank, but instead gave it to a local business? We spoke to author Amy…
Could the US regain AAA rating if it loses it?
Both Canada and Australia have restored lost “AAA” credit ratings © AFP/File Karen Bleier AFP WASHINGTON (AFP) – If the United States is downgraded over…
Moody’s confirms US AAA rating; outlook ‘negative’
AFP WASHINGTON (AFP) – Rating agency Moody’s upheld its triple-A rating for the United States on Tuesday after Congress passed new legislation to raise the…
The Buzz Around Gold is Growing Louder
Dees Illustration Jeff Clark BIG GOLD I outlined last week the increasingly bullish consensus among analysts about gold stocks. The same pattern exists with gold…