The bank specifically highlighted increased global concerns over risks
European authorities will soon decide on a public rescue plan for Italian lender Monte dei Paschi di Siena (BMPS.MI) and are already working on similar requests from two smaller banks, the European Central Bank's top supervisor said on Monday.
Mario Draghi is struggling to explain his failed policy of negative rates that have utterly failed to reverse the downward pressure in the economy of Europe since 2008.
No one can reverse the diminishing returns on financialization, debt, centralization, financial fakery, rentier state-cartel parasitism, or reverse the decline in paid work....
Forecast recoveries never make it past the forecasts because there is no recovery. These cycles of inflation disappointment continue because nothing has really changed
The subprime auto loan crisis is heating up. Amanda Stiltner has more on how auto lenders could send the economy into a tailspin in the months ahead — and how investors can profit from it.
Fund manager Adrian Day discusses several mining and energy companies in his portfolio that he believes should appreciate now that the recently released Canadian budget does not include a tax […]
Debt binge hits limit, with big impact on overall economy. Chilling charts.
Talking Points: - Gap between 'hard' and 'soft' US economic data proving to be a burden for US Dollar, US equity markets. - With Gold and EUR/USD at resistance, the…
The latest numbers point to the arrival of the next crisis. The looming threat in housing & a chart that will shock you...
Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial system
Trump needs fast victories and infrastructure is something that's big, flashy, and potentially bipartisan. There's no solid plan yet, but Shuster knows how to appeal to Trump.
Famed Investor Jim Rogers tells you why that the disastrous Central Bankers are ruining the world.
Republican leaders are eager to avoid a government shutdown, spoiling for a fight that raises the odds of a standoff.
As Home Prices Grow At 5.87% YoY Clip. The US seems to be repeating the housing bubble…
How times have changed. These days, America’s biggest foreign creditor is unloading U.S. debt. And in a warning sign for the $13.9 trillion Treasuries market, Japan’s famously risk-averse money managers are giving little sense that an about-face is imminent
It seems that real earnings do not matter for confidence...
Robots have a real impact on jobs and wages, new research shows
There was high drama last week when Rep. Devin Nunes announced at the White House that he had seen evidence that the communications of the Donald...
President Donald Trump administration takes the economy into unsustainable territory