Author: admin

Expressing optimism can be difficult: there is a wide tendency to regard doomsayers as “sophisticated” and silver-lining-finders as “naïve.” Bank of America’s BAC announcement yesterday reversing…

You and I, my fellow contrarian, are old enough to remember when “I bonds”—US savings bonds designed to protect you from inflation—yielded 9.62%. It was May…

By Jody Godoy (Reuters) -A Texas judge on Monday ruled that many lenders need not comply with a Consumer Financial Protection Bureau (CFPB) mandate to gather…

By Fergal Smith TORONTO (Reuters) – Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move closer…

By Arathy Somasekhar HOUSTON (Reuters) – U.S. oil and gas company Chesapeake Energy (NYSE:) on Wednesday said it expects deflation in oilfield service costs by 5%…

© Reuters. Fitch cuts U.S. long-term rating Fitch Ratings has downgraded the US Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘AAA’ to ‘AA+’. The Country Ceiling…

Richmond Federal Reserve President Tom Barkin said easing inflationary pressures could help stave off a widely predicted U.S. recession. “There is still a plausible story that inflation normalizes…

This article is reprinted by permission from NerdWallet.  U.S. auto insurance owners say they feel the pinch of rising prices, and a higher percentage plan to…

In soccer — more than most sports — the ball has a leading role.In basketball and baseball, changes to the ball are often met with outrage…

Wednesday’s big slide in the S&P 500 snapped a 47-session streak in which the benchmark U.S. stock index did not suffer a drop of more than…