Market changes and a growing chorus of concerns about ethanol make Randy Doyal and other ethanol supporters question how long ...
The 0.2% drop in the euro zone's second-quarter GDP was not according to script. Only two months ago, European Central Bank President Jean-Claude Trichet had expected the economy to continue to grow "at a moderate rate." Now, with the latest business
Mortgage rates for the average US homeowner are higher now than at the beginning of the credit crisis a year ago, despite massive interest rate cuts by the Federal Reserve and a string of other efforts to kick-start credit markets.
And with the fate of
If inflation is "always and everywhere a monetary phenomenon," as Milton Friedman famously suggested and as Fed critics often note, there may be even less reason to fear inflation.
Federal Reserve Chairman Ben Bernanke is due to speak Friday at the
The US Dollar pulled back across the majors this morning as the overbought currency finally shows signs of correction. The release of the Conference Board's US leading indicator triggered the move as the index of 0.7 percent in July, which mark the
The low-yielder subsequently pulled back later in the day, though it failed to do so against the US Dollar. Indeed, broad weakness in the greenback weighed quite heavily on the USD/JPY pair, and it is worth noting that downside risks remain for the
JACKSON HOLE, Wyoming - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch.
Central bankers are gathering in
U.S. banks borrowed a bit less over the past week from the Federal Reserve's emergency lending program, while Wall Street firms ...
There are no easy answers, solutions, or even courses of action for the Federal Reserve amid the current credit crunch, which, while seemingly abated a bit, still looms like the monster in the closet. The chatterers are focusing on the fact that the
The inconvenient truth of the U.S. economy has created one of the best buying opportunities for gold and silver bullion and associated stocks of this entire bull run right now. Anyone that believes that this U.S. dollar rally is sustainable will be in