ECB Posts Loss as It Pays Price for Its Own Rate Hikes

ECB Posts Loss as It Pays Price for Its Own Rate Hikes

FRANKFURT (Reuters) -The European Central Bank made a loss last year as its own interest...

A Record Number of Americans Are Grappling With $1,000 Car Payments and Drivers Can’t Keep Pace

The number of people who are behind on payments is rising at a rate not...

Euro-Zone Core Inflation at Record Set to Embolden ECB Hawks

Underlying inflation in the euro area hit a record in January, revised data showed, likely...

U.S. Debt Is Over $30 Trillion. Who’s on the Other Side of Those Liabilities?

Is the U.S. going bankrupt? Does China own us? The devil is in the details,...

Sugar Coating Stagflation: How About No Landing?

This chart is from our product called Big View. Coming into the FOMC, the sentiment...

Fed Worries Over Economic Risks From Prolonged Debt-Limit Talks

Federal Reserve policymakers at their most recent gathering discussed concerns about the potential for prolonged...

Signs Point To Not-So-Rosy Outlooks From Retailers

This marks the fourth peak week for the Q4 earnings season. If you recall, the...

Wells Fargo Lays off Hundreds of Mortgage Bankers

The reported job cuts add on to a slew of layoffs seen across most big...

This “Strong” Economy Is a Facade Built Out of Debt

Retail sales surged in January, creating the impression that the economy is humming along nicely....

Is There a Path Back to a Gold Standard?

Any suggestion of returning the monetary system to a gold standard is immediately met with...

Parents Increasingly Move Back In With Their Kids, What's Going On?

The number of Americans who live in multigenerational family households is about four times larger...

Let's Check In on President Obama's Promise to End Homelessness by 2023

ALL IN: The Federal Strategic Plan to Prevent and End Homelessness…...

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