After Russia’s invasion of Ukraine and its occupation of Crimea, many in the West wondered what could be done to oppose Moscow. Complicating matters, Europe depends on Russia for over thirty percent of its natural gas supply, and Moscow has used this leverage before to extract political concessions.
Vincent “Vinnie” Viola, the founder of Virtu Financial Inc, is High Frequency Trading's (HFT) first billionaire. He has an impressive track record of just “one losing trading day” during a 1,238 trading-day period.
Industrial Production in the Euro-zone came in weaker than expected today, the second month in a row of soft factory sector output, raising doubts about the strength and sustainability of the region’s recovery. The shortfall wasn’t widespread, with Germany and Spain showing strength while France, the Netherlands and Finland notably on the weak side.
China's propaganda machine went into full gear as it sets its sights on foreign economic forecasters who are continuing to profess slower economic growth for the nation. Is the West is picking on China again? Creating all this negative publicity?
Raising the U.S. minimum wage is a powerful political idea that will increase both sales and labor costs for businesses.
Gold price resistance at $1361 per ounce, identified by chart-watching technical analysts from gold's October 2013 high, was broken Wednesday lunchtime in London, as world stock markets fell and industrial commodities sank, led by a 5% drop in copper in China.
Created in 2008 by the mysterious ‘Satoshi Nakamoto’, in the past few months bitcoin has gone from a fringe financial technology topic to a mainstream media phenomenon. The debate is now raging as to whether bitcoin is, or is not, a sound form of alternative money.
According to Shilling, the U.S. has gone through a number of leveraging and deleveraging cycles, with the latter taking about ten years to complete. Right now, he says, we have about four more years of slow growth before economic activity gets back to normal.
It can be difficult to completely avoid a $5 trillion elephant in the middle of one's own living room. In an ironic twist, millions of people who are investing for retirement specifically to escape from dependence on Social Security may find that no matter where in the room they go — that elephant is still there.
The latest issue of the NFIB Small Business Economic Trends is out today. The March update for February came in at 91.3, down 2.7 points from the previous month's 94.1, ending a three-month string of improvement.