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EMageddon Continues: India And Indonesia Tank Again, Markets Lower Around The World 27 Aug 2013 | 01:08 pm
Markets have a negative feel today, and once again the real pain is centered on emerging markets. India is down 2.3%, and Jakarta fell 3.4%. Thailand dropped 1.4%. The currencies of India, Turkey, a...
Iron Prices Confirm That China's Economy Isn't Doomed 27 Aug 2013 | 07:13 am
Most of the economic data out of China hav signaled a slowdown in the world's second largest economy. The skeptics believe that China is well on its way to undershooting its official target for 7.5% ...
The Illicit Romantic Affairs At The Heart Of China's Bo Xilai Scandal 27 Aug 2013 | 07:10 am
The Bo Xilai trial has finally concluded, and it looks like we're drawing to the final chapter of perhaps the most important political event in China since Tiananmen Square. The trial itself, while h...
JACK BOGLE: An Elegantly Simple Formula Shows Why Passive Investing Will Earn Higher Returns Than Active Investing 27 Aug 2013 | 06:49 am
Experts continue to debate the merits of passive investing versus active investing. Passive investors aim to track the performance of a major index like the S&P 500. Active investors try to beat the ...
Obamacare Really Could Destroy A Lot Of Jobs 27 Aug 2013 | 06:41 am
BEFORE the recession, Richard Clarkâs cleaning company in Florida had 200 employees, about half of them working full time. These days it has about 150, with 80% part-time. The downturn explains some o...
Gold Is Rallying And Japan Is Falling 27 Aug 2013 | 05:39 am
The uncertainty created by a possible air strike in Syria is doing that thing to global markets where assets that thrive on nervousness do well and stocks go down. US markets fell (after being up ear...
REPORT: Obama Orders Up Report To Justify Syria Strike 27 Aug 2013 | 05:11 am
The U.S. is inching closer to a military strike against Syria. Earlier this afternoon, Secretary of State John Kerry delivered a stern message to the Assad regime and its alleged use of chemical weap...
IT'S OFFICIAL: The Debt Ceiling Will Hit In Mid-October 27 Aug 2013 | 01:46 am
Treasury Secretary Jack Lew said in a letter to Congressional leaders on Monday that the nation will hit its borrowing limit in mid-October, giving Congress a clear deadline for raising the debt ceili...
China Stopped Sharing Certain PMI Report Details Because They Were Subject To 'Accidental Changes' 26 Aug 2013 | 11:04 pm
China's monthly manufacturing purchasing managers index (PMI) is one of the most closely followed economic data reports in the world. Earlier this year it was reported that China would be suspending ...
CHART OF THE DAY: If Larry Summers Becomes Fed Chair, He Better Be Worth It 26 Aug 2013 | 09:08 pm
The world's Fed-watchers continue to debate over who will become the next Chairman of the Federal Reserve, assuming Ben Bernanke retires at the end of this year. "Vice Chair Yellen and former Treasur...
