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MARC FABER: 'I Keep In My Toilet A Picture Of Mr. Bernanke'
What Marc Faber said in Hong Kong this week…YOU ALWAYS get great presentations from the biggest players in gold and silver at the annual London Bullion Market Association conference.Being in Hong Kong...
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TIM GEITHNER: I Think We Can Get A Deal Done In The Next 'Several' Weeks
Treasury Secretary Tim Geithner said Friday that he thinks a deal to avert the so-called fiscal cliff is possible within the next "several weeks," hours after he was involved in a meeting with...
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New Yorkers Rally Around Devastated Restaurants After Sandy
Though power is back on in Lower Manhattan and the subways are mostly running smoothly, many New Yorkers are still recovering from the disastrous impact of Hurricane Sandy. Devastated restaurants in...
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CNBC Anchor Asks Former Tech Mogul 'Are You Prepared To Die?' In Craziest...
Former tech mogul John McAfee, who is wanted for questioning in a murder case in Belize and is currently hiding inside his compound in that country, spoke to CNBC's Brian Sullivan via the telephone...
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NASSIM TALEB: The Nastiest Thing I've Ever Told Anyone...
From Nassim Taleb's Facebook page:Please follow Clusterstock on Twitter and Facebook.Join the conversation about this story »
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ART CASHIN: We Are On The Verge Of A Major Currency War
The world's central banks —including the Federal Reserve, the European Central Bank, The Bank of England, and the Bank of Japan — have all pursued easy monetary policies in their efforts to stimulate...
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An Economic Lesson From Hurricane Katrina
In studying the data for my latest Big Four Economic Indicators update, I wondered how much impact Hurricane Sandy might have had on the economy in October and what to expect in the months ahead. I...
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Buyers Are Lining Up For A Piece Of Hostess Brands
Nov. 17 (Bloomberg) -- Hostess Brands Inc., the bankrupt baker of Twinkies and Wonder bread, may attract bids for its brands from rival Flowers Foods Inc. and private equity firm C. Dean Metropoulos...
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The Twinkie Changed For Good Thanks To World War II
Hostess Brands announced yesterday it was shutting down operations after failing to reach an agreement with thousands of striking bakery workers. The 82-year-old company manufactured all kinds of...
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Big Agribusiness and Food Stamp Recipients Both Hope Congress Fails To Pass A...
The beginning of fiscal cliff negotiations has overshadowed the need for Congress to resolve another issue in a state of impasse: the passage of a new five-year farm bill.Rep. Kristi Noem (R-SD) told...
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Check Out All The New Taxes You're Going To Pay To Pay For Obamacare...
Now that Barack Obama has been reelected, Obamacare will become reality.This means that a lot more people in the United States will have health insurance.If the program works as it is supposed to, it...
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Take A Tour Of The Office Warren Buffett's Been Working In For 50 Years
This week, investment firms filed their 13F forms and disclosed their long positions in stocks.And as usual, one of the most anticipated 13F belonged to the Oracle of Omaha, Berkshire Hathaway's Warren...
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In 6 Weeks, A New Dividend Tax Will Smack Rich People Upside The Head
Unless Congress intervenes, taxes are set to rise significantly on January 1st, when we hit the "fiscal cliff."Most of the focus of this tax increase has been on income taxes.Income taxes for incomes...
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Occupy's Plan For Destroying The Payday Lending Industry
In today's ever-perplexing world of personal finance, there's no question consumers could benefit from a little clarity.Just don't expect to find any in the pages of Occupy Wall Street's new manifesto...
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RAIL TRAFFIC: Still Showing Signs Of Economic Softening
More of the same here. Rail traffic is still expanding, but showing definite signs of sluggishness. This week’s reading of 1.9% brought the 3 month average to 2.6% growth. That’s certainly in-line...
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Jim O'Neill's Latest Take On Europe Is Much Gloomier Than Normal
Goldman Sachs Asset Management chair Jim O'Neill tends to look on the cheery side of things, but in his latest weekly letter (.pdf) he's more bearish than we recall. Just when he thought the economy...
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Here's What's In That Economist Article That Has The Nation Of France Outraged
As reported earlier, the latest Economist cover, with the baguette bombs has folks in France angry. Part of it may be the goofy representation of a French time bomb. But more importantly, The Economist...
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Another Reason The Tax Code Is Much Sweeter If Someone Gives You Your First...
Earlier this week I posted about how the tax code incentivizes you toward the old-fashioned way to make your first $5 million: Inherit it.That’s because, at least until December 31st, the first $5...
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PRESENTING: The Powerful Force That Could Save The Economy In 2013
Even if lawmakers find a way to mostly defuse the Fiscal Cliff, there are still reasons to be concerned about 2013. For one thing, there is almost guaranteed to be some austerity for the first time...
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This Classic Richard Koo Presentation Will Help You Understand The Real...
The buzz in the media is non-stop: Fiscal Cliff, fiscal cliff, fiscal cliff.Unfortunately, a lot of people have no idea what it means, or why it's significant. A lot of people think it has something to...
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