Financial News

The recent government shutdown and debt crisis in the United States was not only frustrating for Americans, but for the rest of the world as well. According to the Washington Post, China went... Read More »

On Yahoo’s The Daily Ticker, analyst Henry Blodget states, “I think there’s a decent chance that the stock market will crash in the next year or two – maybe dropping 30% or more”.... Read More »

Amidst all the excitement over the Federal Reserve announcing they will be continuing the bond-buying program and the subsequent stock market rally, Wells Fargo strategist Gina Martin Adams has been reiterating her view... Read More »

Gold prices increased by almost 3% today as the Federal Reserve announced that it would postpone the tapering of its billion-dollar bond-buying program. Gold is currently at $1,346 an ounce and climbing as... Read More »

In an interview with the German finance newspaper Handelsblatt, former Secretary of the Treasury Hank Paulson expressed his concern that there will be another financial “firestorm” in the near future. Paulson names several... Read More »

According to cnsnews.com, the U.S. Treasury Department’s Financial Management Service (FMS), is reporting in its Monthly Treasury Statement, that the federal government ran a deficit of $98 billion in the month of July.... Read More »