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The Far East Development Fund and China National Gold Group are joining forces to launch new precious metals projects in Russia. Here's the details...
    Sears May Never Be Profitable Again
Nov 9, 2017 - 10:49:03 PST
Sears also announced Wednesday that it is selling 140 Sears properties to help free up cash for its withering pension fund.
    Housing Is a Poor Investment and Worse Under Tax Plan
Nov 9, 2017 - 10:33:10 PST
Without the mortgage interest deduction, a home isn't much of an investment
    Initial Jobless Claims Near 44 Year Low!
Nov 9, 2017 - 10:22:55 PST
(Too Bad Wage Growth Is Roughly 1/3rd Of 1973 Wage Growth YoY) US initial jobless claims rose slightly to 239k for the week ending November 4th. But initial jobless claims remain near the 44 year low. If we look at the 4 week moving average of initial claims, …
(Treasury Will No Longer Seek Extending Debt Maturity) Since Congress shows little interest in fiscal responsibility, one way Treasury can deal with the staggering fiscal deficits is to extend the maturity of US debt (aka, stretching​ out those debt pa…
Dr. Willie breaks down the recent Saudi Purge to show that all is not as it seems. Here's why...
    Dow Down Over 200 Points on Tax-Plan
Nov 9, 2017 - 09:23:22 PST
Senate to Delay Corporate Tax Cut to 2019, Defying Trump
Precious metals among other commodities are now on the menu and could be the start of the next full bull run as the stock market is showing signs of faltering
    Stock Market Bulls Now Outnumber Bears by 50%
Nov 9, 2017 - 08:14:39 PST
- in the investor's intelligence sentiment poll, the highest spread since 1987.
“If you bought Topix at the closing price on Feb. 26, 2007, you will have made a capital gain of 0.03% over the following 10 and 1/2 years,”
The bill would cut individual income tax rates for almost all taxpayers who make less than $1 million a year. But it also does away with various credits, deductions and exemptions, leading to higher taxes for some
    How Bitcoin May Be Nearing Tulip-Mania Levels
Nov 9, 2017 - 07:23:53 PST
Bitcoin compared to other bubbles. There is only one which surpasses it: the Dutch tulip mania.
About 60% of the US territory, which is home to approximately 3.4 million US citizens, is still without power.
    Puerto Rico Deaths Spiked by 500 in September
Nov 9, 2017 - 07:02:40 PST
Despite a death count of less than 60 deaths attributed to Hurricane Maria, nearly 500 more people died during the month of the storm than normal, according to officials.​
    Tillerson: Sanctions Are Hurting North Korea
Nov 9, 2017 - 06:57:47 PST
Secretary of State Rex Tillerson said Thursday that the US and China are seeing "certain signs" that international sanctions imposed against North Korea are beginning to impact the country's economy.
The headline number is impressive: A quarter-trillion dollars worth of deals from China that President Donald Trump can use to show he’s creating opportunities for U.S. businesses and jobs for his base.
Republicans in Congress are so focused on passing a massive tax overhaul this year that they’re saying little publicly about another December deadline -- the day the government would shut down if the GOP can’t reach a deal with Democrats on spending and other hot-button issues.
Wall Street is set for a downbeat day on Thursday, pulling back from all-time highs as traders fret over possible delays in passing the Republicans’ proposed tax reforms.
    U.S. Stocks, Bonds Fall on Tax, Inflation Worries
Nov 9, 2017 - 06:37:54 PST
U.S. stocks retreated from near record levels as investors assessed prospects for corporate tax cuts, while Treasuries edged lower and the euro advanced on higher inflation expectations in Europe. The dollar fluctuated with crude.
What President Trump said to the South Korean National Assembly is jaw dropping...