Is the stock market partying like its 1999? Despite major risks and lack of corporate transparency, the stock market has made strong gains over the last year.
Economist Nouriel Roubini, also known as Dr. Doom, predicted another crisis in the US in his Financial Times op-ed, he warned readers “given the dysfunctional nature of the American political system, it won’t be long before there is another crisis.
As we begin 2013, we reflect on some economic predictions that never came true. After the Fed's unprecedented actions in 2008, some predicted massive double digit inflation by now.
Today is the end date of the ancient Mayan Long Count calendar, which some believe marks the end of civilization.
As the US fiscal cliff approaches, Reuters reports Republicans are preparing a House vote on John Boehner's 'Plan B,' a plan the White house has promised to veto.
As expected, UBS settled over accusations of Libor rigging, paying a 1.5 billion dollar fine.
Several Japanese pension funds started to invest in gold for the first time, according to the Wall Street Journal.
UBS is expected to pay as much as 1.6 billion dollars to settle charges of Libor rigging with US, UK, and Swiss authorities, according to Bloomberg.
Whether it's going over the fiscal cliff or Spanish house prices suffering a severe fall, there seems to be a universal financial fear of gravity.
Municipal bonds, traditionally seen as a safe investment, were the basis of Meredith Whitney's crisis warnings in 2010.
It's Federal Reserve Interest Rate Decision day! As expected, the Fed announced it will expand its bond-buying program with 45 billion dollars a month in longer-term treasury securities, after the conclusion of Operation Twist at the end of this year.
When speaking about fiscal cliff solutions, anti-tax advocate Grover Norquist said President Obama has no more reason to increase taxes today than he did two years ago, when he extended the Bush tax cuts.
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