Articles Posted in the Economic News Category
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HSBC Accused Of Laundering Millions
(Jerome Corsi) A former employee of HSBC in New York has 1,000 pages of customer account records he claims are evidence of an international money-laundering scheme involving hundreds of billions of dollars by the global…
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Report: Facebook Files For IPO Next Week
(Mike Isaac) After years of speculation and anticipation on Wall Street and across Silicon Valley, Facebook may file for its initial public offering as soon as Wednesday of next week, according to a report citing…
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The Price Of Gas, Ground Beef And Bacon Have All Incresed Under Obama
(Christopher Goins) So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics. During the same period, the price…
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Could Nickel Become The Poor Man’s Silver?
(Lew Rockwell) I’ve often mused about how fun it would be to have a time machine and travel back to the early 1960s, and go on a pre-inflation shopping spree. In that era, most used…
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California Banks Hassles Customer Withdrawls
(Ann Barnhardt) I have received enough calls and emails on this within the last few weeks to A.) cause concern and B.) merit a post. People are having difficulty withdrawing cash from banks. I just…
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Warning Signs That We Should Prepare For The Worst
(Economic Collapse) The warning signs are all around us. All we have to do is open up our eyes and look at them. Almost every single day there are more prominent voices in the financial…
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Hostess Brands To file Chapter 11 Bankruptcy, Again
(NaturalNews) Just a few years after barely climbing out of an earlier bankruptcy filing from 2004, Hostess Brands has announced that it is once again filing for Chapter 11 bankruptcy protection. The Wall Street Journal…
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Dow Surges 250 Points
(CNBC) The Dow Jones Industrial Average eased off its highs after soaring to touch a fresh 5-month high. BofA [BAC 5.8201 0.2601 (+4.68%) ] and JPMorgan[JPM 35.0001 1.7501 (+5.26%) ] led the blue-chip gainers, while McDonald’s[MCD 98.94 -1.39 (-1.39%) ] slipped. The S&P 500 and the Nasdaq also pared some gains. The CBOE Volatility Index, widely considered the…
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$5 A Gallon For Gas? It Could Happen In 2012
(WJZ) — Five dollars a gallon for gas? Analysts say it could happen this year. Monique Griego has moreon why gas prices could soon explode. Just this weekend, the president signed new sanctions against the country of Iran.…
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Oil Jumps To Near $101 Amid Rising Iran Tensions
(Alex Kennedy) Oil prices jumped to near $101 a barrel Tuesday in Asia amid concerns that rising tensions between Western powers and Iran could lead to crude supply disruptions. Benchmark crude for February delivery…
