Contracts to buy previously owned U.S. homes declined in March after rising a month earlier by the most since 2010
"The Democrats want to shut government if we don't bail out Puerto Rico and give billions to their insurance companies for OCare failure," the president tweet.
The basic premise is that when you value the stock market based on objective metrics that cannot be fudged, it’s more overpriced than it was at the 2007 peak and is rapidly approaching the 1999 peak. However, the underlying reason that stocks are so ridiculously overpriced has to do
Robert Shiller's cyclically adjusted price-to-earnings CAPE ratio is at 29, higher than the highest level before the Great Recession.
There has to be a good reason why the CFTC won’t openly address the clear evidence of a COMEX silver manipulation, as well as why JPMorgan and the CME Group […]
The EU powerhouses, Germany & France, seem incapable of generating inflation (defined here as CPI YoY). & their GDP YoY is pretty bad too (1.10% for France & 1.70% for Germany. At least they are better than Italy with…
Depending whose money they’re using, Wells Fargo & Co. and JPMorgan Chase & Co. either love subprime car loans or fear them.
It gets even scarier: monetary restraint served to expose over-leveraged parties and, in turn, financial crises ensued.
US Consumers Tap Out: The S&P/Experian Bankcard Default Index as of March 2017, the default rate on US credit cards had jumped to 3.31%, an increase of 13% from a year ago, and the highest default rate since June 2013.
The “phenomenal” tax plan that President Donald Trump promised 11 weeks ago appeared at a White House briefing Wednesday: It was a one-page list of bullet-points that amounted to fewer than 250 words.
Rickards says the numbers don't add up on Trump's tax plan, it won't get through Congress in this form, "it's completely devoid of detail".
Gold bullion imports into China via main conduit Hong Kong more than doubled month-on-month in March, data showed on Tuesday as reported by Reuters.
If you think there isn't going to be another epic crash like the one we had in 2008, wise up.
China's actual gold consumption rose 14.73 percent to 304.14 metric tons in the first quarter of 2017 due to steady gold ornament sales and strong sales of gold bars, new data showed Thursday.
China will continue to push forward the internationalization of the yuan currency, and further promote free trade and investment, central bank vice governor Fan Yifei said on Thursday.
China will continue to conduct live fire drills and test new weapons to safeguard its national security, the country's defense ministry said on Thursday when asked about the deployment of the U.S. anti-missile defense system THAAD in South Korea.
North Korea has the ability develop missiles and miniaturized nuclear weapons, former Defense Secretary Leon Panetta told CNBC on Wednesday.
The euro zone bailout fund, the European Stability Mechanism (ESM), could, in the future, be turned into a European Monetary Fund, the chairman of euro zone finance ministers Jeroen Dijsselbloem told the European Parliament on Thursday.
Governor Mark Carney cut interest rates to 0.25 per cent, and introduced a fresh bout of quantitative easing into the economy.
The BOJ has taken essentially a "whatever it takes" stance on boosting inflation, saying it would maintain an easy stance until inflation exceeded its target of 2 percent "in a stable manner."