Davemanuel.com Blog Posts
An archive of the various Davemanuel.com blog posts on the site which include short views on the stock market, real estate market and the economy in general.
Most Expensive US Real Estate Listing Ever Hits The Market
The most expensive real estate listing in the history of the United States is now for sale.
United States Posts $112.9 Billion Surplus in April
According to the US Treasury Department, the United States posted a surplus of $112.9 billion in April, which is the highest number posted since April of 2008.
Foreign Holdings of US Debt Hit Another All-Time High
February 2013 Foreign Holdings of US Debt - China continues to be the largest foreign holder of US debt as their holdings totalled over $1.2 trillion.
Video Game Console Prices Through The Years
Video game console prices through the years - a look at historical video game console prices.
The Cost of a Movie Ticket Throughout the Years
The cost of a movie theater ticket has increased dramatically throughout the years - find out by how much.
Japan on Verge of Passing China To Become Top Foreign Holder of US Debt
After a year of ferocious buying, Japan is on the verge of passing China to once again become the largest foreign holder of US debt.
Intrade (Temporarily?) Pulls Out of the United States
Intrade.com has announced that they are no longer dealing with US customers thanks to recent pressure from regulatory agencies.
The Most Popular US Politicians By Twitter Followers
Who are the most followed US politicians on Twitter? President Obama is #1, but who is next?
Who is the Richest Commissioner in Sports?
Who is the richest commissioner in the world? Which commissioner makes the most money per year?
What is Linda McMahon's Net Worth?
Linda McMahon Net Worth - what is the net worth of Linda McMahon, 2012 candidate for Senate?
What is Bill Clinton's Net Worth?
What is Bill Clinton's net worth? How much does the former US President earn from giving speeches?
When Are The 2012 US Presidential Debates?
When are the 2012 US Presidential debates? A look at when the events are currently scheduled for.
How Much Money Does Bill Clinton Make From Giving Speeches?
How much does Bill Clinton make from giving speeches? According to public filings, Clinton makes over $10 million per year.
Fact Check: Has The Economy Really Produced 4.5 Million Private Sector Jobs Over The Past 29 Months?
Has the US economy really produced 4.5 million private sector jobs over the past 29 months? We take a look at former President Clinton's claim.
A Look at Nonfarm Payroll Numbers Under President Obama
A look at nonfarm payroll job numbers under President Obama. Things have changed from negative job growth to tepid job growth during his four years as President.
How Much Money Does The US Government Owe The Social Security Trust Fund?
How much money does the US Government owe the Social Security Trust Fund?
SuperPAC Report: Restore Our Future, Inc. Spends Over $10 Million For Second Week in a Row
For the second week in a row, Restore Our Future Inc. spent over $10 million attack President Barack Obama.
Over $12.5 Billion of Mark Zuckerberg's Net Worth Has Evaporated Since May
Mark Zuckerberg's net worth has dropped by over $12.5 billion since Facebook went public back in May of 2012.
Just How Rich Was John D. Rockefeller?
How Rich was John D. Rockefeller, and how does his wealth compare to the likes of Bill Gates and others?
SuperPAC Report: Over $20 Million Spent to Oppose Barack Obama in Past Week
Barack Obama was heavily targeted by SuperPACs over the past 7 days, as Restore Our Future spent over $10 million to oppose the President.
SuperPAC Report: Priorities US Action Attacks Mitt Romney
The weekly SuperPAC report shows a considerably amount of spending is directed against Mitt Romney.
May Foreign Debt Ownership Update: China, Japan Add to Positions
China and Japan both slightly added to their US debt holdings in May, while the United Kingdom significantly increased their position.
SuperPAC Report: Restore Our Future, Inc. Spends Big
SuperPAC Report: Pro-Mitt Romney SuperPAC Restore Our Future Inc. spent heavily in the past week in support of Mitt Romney.
Weekly SuperPAC Spending Report: US Chamber of Commerce Active
The Weekly SuperPAC spending report shows increased activity from the US Chamber of Commerce.
A Look at Vice President Joe Biden's 2011 Financial Disclosure Statement
Joe Biden is an everyman in more ways than one, as his recent financial disclosure shows.
What Was the Lowest Unemployment Rate in US History?
What was the lowest monthly unemployment rate in US history? The answer - 2.5%, posted in both May and June of 1953.
The Ten Largest Monthly Surpluses of the Last 30+ Years
A look at the ten largest surpluses that have been posted by the United States over the past 30 years.
The Ten Largest Monthly Deficits of the Past 30+ Years
A list of the 10 largest monthly deficits that have been posted in the United States over the past 30+ years.
Historical iPhone Sales Infographic
Who Are The Largest Holders of Facebook Stock?
Can Mitt Romney Win in 2012?
Will Mitt Romney win the 2012 US Presidential election in November? What are Romney's chances of winning?
Weekly SuperPAC Update: Restore Our Future, Inc. and Winning Our Future Spend Over $10 Million Combined
Restore Our Future, Inc. and Winning our Future continue to spend heavily as the Florida primary approaches.
Joe Biden, The Everyman (Financially Speaking)
In a land full of multimillionaires, Vice President Joe Biden actually has a very modest net worth.
How Much Debt Did the United States Have When Barack Obama Took Office?
How much debt did the United States have when Barack Obama took office in 2009?
Ron Paul's Portfolio: An Apocalyptic Vision of the Future
Ron Paul Net Worth - what are Ron Paul's current holdings? How much is Ron Paul worth?
NHL Franchise Values Before and After the 2004-2005 Lockout
NHL Franchise Values have soared over the past 7 years thanks to increased revenues and cost certainty thanks to the CBA.
A Look at Barack Obama’s Investment Portfolio
Barack Obama's Investment Portfolio - a quick look at the investment portfolio of President Barack Obama.
A Look at the UFC: Debt, Finances and Future Growth
UFC Debt and Finances - a look into the debt situation and finances of the world's fastest growing sport, the UFC.
Wall Street Journal Wine Club Coupon Code
Wall Street Journal Wine Club Coupon Code - save $120 off of your first order with this discount code.
WSJ Wine Club Promo Code
WSJ Wine Club Promo Code - Receive Over $100 Off Your First Purchase by Activating This Promo Code.
China Trimmed US Debt Holdings in October
China trimmed their holdings of US debt in October as total foreign holdings dipped for the first time since July.
Fact Check: Has the National Unemployment Rate Gone Up Under Obama?
How the national unemployment rate gone up or down under President Obama? I take a look.
How Much Does the President of the United States Make?
How much money does the President of the United States make? What is the President's annual salary?
Currency Trading in Canada
Currency Trading in Canada - how does a person trade forex in Canada? What are the recommended brokers?
What Did Warren Buffett Buy Last Quarter?
What did Berkshire Hathaway buy last quarter? Berkshire Hathaway purchased a total of six new positions, what were they?
Is Insider Trading Legal for Members of Congress?
Is insider trading legal for Members of Congress? Can Members of Congress trade using insider information while the rest of us can't?
Who are the 53 Percenters?
Who are the 53 Percenters? What is the 53 percent movement, and how do they compare to the Occupy Wall Street movement?
Why Are Banks Trying to Impose Monthly Debit Card Fees?
Why are banks suddenly trying to charge monthly fees for people to use their debit cards? We take a look.
Obliteration: Netflix Continues To Feel the Fallout
Netflix tanked once again today after announcing Q3 earnings that included a loss of 800k subscribers during the quarter.
Compare Home Mortgage Refinancing Rates
Compare Home Mortgage Refinancing Rates - Find out how to find the very lowest mortgage refinancing rates in the country.
Fact Check: Did Bill Clinton Repeal the Glass-Steagall Act?
Did Bill Clinton Repeal the Glass-Steagall Act? A look at the signing of the Gramm-Leach-Bliley Act.
Where to Buy the Amazon Kindle Touch
Where to Buy the Amazon Kindle Touch - a look at the new Kindle Touch device from Amazon.com.
Can I Buy a Kindle Fire in Canada?
How to Buy an Amazon Kindle Fire in Canada - when will the Kindle Fire be released in Canada?
Third Point LLC Takes Aim at Yahoo Inc
Third Point LLC Buys Yahoo! shares - Third Point LLC, led by Daniel Loeb, unveiled a new 5.1% position in Yahoo earlier today.
What is the US Consumer Confidence Index?
What is the US Consumer Confidence Index (CCI)? A look at this very important indicator.
Rick Perry's College Grades Released - Do They Matter to You?
Rick Perry's College Grades - do they matter? Do they have an impact on how you will vote in 2012?
A Look at Texas' Unemployment Rate With Rick Perry as Governor
A look at Rick Perry's record with jobs growth while he was governor of the state of Texas.
What is the Taxpayer Protection Pledge?
What is the Taxpayer Protection Pledge? What does the term taxpayer protection pledge mean?
What Does a AA+ Credit Rating Mean?
Earlier tonight, the United States had their pristine credit rating downgraded from AAA to AA+.
What is a Balanced Budget Amendment?
What is a balanced budget amendment? What does the term balanced budget amendment mean?
How Many Times Was the Debt Ceiling Raised Under Ronald Reagan?
How Many Times was the Debt Ceiling of the United States Raised While Ronald Reagan Was in Office?
What is the Cut, Cap and Balance Act?
What is the Cut, Cap and Balance Act of 2011? We take a look at the bill that is about to be voted on in the House.
How Do Banks Make Money?
How do banks make money? We take a look at exactly how a bank makes money in this article.
How Many Times Was The Debt Ceiling Raised While George W. Bush Was In Office?
How many times was the debt ceiling increased while George W. Bush was President of the United States?
The Perfect Stock
What happens when a previously widely-held stock is no longer as popular?
Here Comes Palin
Mitt Romney and Sarah Palin are the two frontrunners for the 2012 Republican nomination, according to a recent Gallup.com poll.
Why is Gasoline More Expensive in Canada Than the United States?
A quick look at the main reason why Canadians pay more at the pump than Americans do.
Gallup: Expect a Large (But Short-Term) Bounce in Obama's Approval Rating
How much of a bump will President Obama's approval rating receive after the death of Bin Laden?
119 Presidential Candidates and Rising
119 people, including Barack Obama, have officially filed their papers to run in the 2012 Presidential election in the United States.
Which Modern Era President Left Office With the Highest Approval Rating?
Which US president in the modern era left office with the highest approval rating?
Who Can Beat Obama in 2012?
Who Can Beat Obama in 2012? We look at a list of the potential Republican nominees and how they match up against Obama.
Biggest Deficit Ever Posted in the United States?
Biggest Deficit Ever Posted in the United States - what was the largest deficit that was ever posted in the history of the United States?
Will Barack Obama Win in 2012?
Will Barack Obama Win in 2012? We take a look at Barack Obama's chances of getting re-elected.
What Does it Mean if S&P Revises its Credit Outlook of the United States to Negative?
What does a negative outlook from S&P mean? How will this affect the United States going forward?
What Would Happen if the United States Defaulted on its Debt?
What Would Happen If the United States Defaulted on Its Debt? What would the ramifications for the country be?
Trump for President?
Will Donald Trump run for the Republican nomination in 2012? There are many conflicting signs at this point.
What is the Debt Ceiling?
What is the debt ceiling? What is meant by the term debt ceiling limit? What happens if the debt ceiling isn't raised?
According to Treasury Secretary Timothy Geithner, the United States will hit its debt limit by May 16th.
Note to SEC: Get With the Program Re: Form 13F Filings
Form 13F Filings XML - The SEC desperately needs to enter the 21st century and make their Form 13F filings available via XML.
So How's That Savings Bonds Instead of Tax Refund Checks Program Going?
So how's that savings bonds instead of refund check program going? We take a look here.
Gasoline Nearing $4/Gallon in California
Gas prices in California - gasoline is nearly the $4 gallon mark in California.. a sign of things to come for the rest of the country?
What is a Black Swan Event?
Black Swan Event - what does the term black swan event mean? What did the term black swan event originate?
The Citigroup Reverse Stock Split
Citigroup Reverse Stock Split - is the reverse stock split from Citigroup going to be a good or bad thing for the company?
$5 ATM Fees?
According to the WSJ, some major US banks are testing ATM fees as high as 4 and 5 dollars, in another blow to the US consumer's wallet.
The Five Best Stock Market Movies of All Time
The top five stock market movies of all time - what are the movies? Which movie is the best of all time?
So How Much Money Does The US Owe to China?
How much money does the US owe to China? How much money does the United States owe to China
Memo to Successful Hedge Funds: Watch Your Back
According to the WSJ, the SEC will be scrutinizing hedge funds that have been consistently able to beat the major market averages.
The Traveling Debt Circus
The Canadian Taxpayers Federation is currently traveling across Canada with the debt clock in order to raise awareness to the nation's debt situation.
Could Oil Go As High As $220/Barrel?
Michael Lo of Nomura Securities recently announced that he believes that oil could hit 220 a barrel under the right conditions.
The Steve Jobs Watch
As the CEO and Chairman of Apple, every Steve Jobs move is scrutinized by the investing public. As he battles cancer, should people back off?
John Paulson Continues To Increase Stake in Talecris Biotherapeutics
Paulson and Co. Inc. continued to increase their stake in Talecris Biotherapeutics during the fourth quarter of 2010, obviously confident that their proposed deal will go through.
Insider Buying Alert - CEO of AOL Buys $10 Million Worth of Shares
Timothy Armstrong, CEO of AOL, recently purchased over ten million dollars worth of AOL shares.
No Mas - T2 Partners Throws In The Towel On Their Netflix Short
Whitney Tilson recently announced that he was covering his short in NFLX, despite publishing a public document encouraging a short in NFLX just months before.
Bill Gates Reduces His Microsoft Stake By Nearly 90 Million Shares In The Past Year
Bill Gates continues to whittle down his Microsoft stakes, furthering his plans to give away all of his wealth to charity.
Group of Hedge Funds Take Activist Stake in Smurfit-Stone Container Corp
A group of hedge funds, including Third Point LLC, have taken activist stakes in SSCC and are looking to generate more value for shareholders.
John Paulson's $5 Billion Year
According to the Wall Street Journal, John Paulson had an absolutely monstrous year in 2010, racking up over $5 billion in total profits for himself.
Valinor Management, LLC Buys 7.3% Stake in Swift Transportation Company (SWFT)
Valinor Management, LLC announced earlier today that they have taken a 7.3% stake in Swift Transportation Company - aka SWFT.
SAC Capital Advisors LP Reveals 5.3% Stake in Domino's Pizza
SAC Capital Advisors LP recently revealed a new 5.3% stake in DPZ, aka Domino's Pizza. Domino's Pizza is up substantially since November of 2008.
FFIV Crushed - Which Investors May Have Been Hurt The Worst?
FFIV is getting crushed today after their earnings weren't as strong as some people had expected. Which institutional investors owned large positions in the company as of the end of Q3?
How Popular Is Netflix With Institutional Investors?
A look at the biggest institutional holders of Netflix - who is holding and how big are their positions?
Which Institutional Investors Arrived to the Rare Earth Stock Party Early?
A look at some of the biggest rare earth plays and the companies that were fortunate enough to own them before their big runs.
US Online Holiday Spending Up 12% Vs 2009
Online holiday spending was up 12 percent in the United States from 2009 as US shoppers took advantage of free shipping promotions.
Groupon Reportedly Walks Away From Google Deal
Google on Verge of Acquiring Groupon
Local deals site Groupon is staring at a sizable offer from Google - will they end up accepting it or hold out for something else?
Holiday E-Commerce Spending Trending Higher In The United States vs 2009
Weak economy? High unemployment rate? No worries - Americans are still turning out in droves to purchase holiday items online, as evidenced by recent data from comScore.
Minimum Wage Just Not What It Used To Be
According to the Economic Policy Institute, the minimum wage simply doesn't buy as much as it used to, thanks to the eroding of purchasing power due to inflation.
Who Is The Most Powerful Person In The World?
Forbes Magazine released its list of the most powerful people in the world earlier today - who was the number one pick?
September State Unemployment Numbers Have Been Updated
The September state unemployment numbers have been updated by the BLS, and once again, Nevada leads the way.
Apple Surges Past $300 a Share
Apple surged past 300 dollars a share earlier today, giving the company a total valuation of approximately 275 billion dollars.
Pershing Square Capital Management LP Acquires Large Stake in JC Penney
Pershing Square Capital Management LP announced earlier today that they had acquired a large activist stake in JC Penney.
Gold Continues to March Higher
Gold has continued to rocket higher in recent weeks, touching levels of over 1,350 per ounce. Is this sustainable?
Number of Bank Failures in 2010 Up To 127
SAC Capital Advisors Significantly Ups Their Stake in Genco Shipping And Trading Limited (GNK)
SAC Capital announced in a 13G earlier in the month that they had significantly upped their stake in Genco Shipping - the hedge fund now owns over 2.1 million shares of the company.
Microsoft Received Significant Interest From Institutional Investors During Q2
25 of the 96 institutional investors that we currently track in our database increased their positions in MSFT during the second quarter. Who were they?
The Largest Holdings That Duquesne Capital Management LLC Will Have To Sell Are..
Duquesne Capital Management LLC will need to offload all 112 of their existing 13(f) securities before the fund eventually shuts down.
Q2 Hedge Fund Report Out This Weekend
The Q2 Davemanuel.com Hedge Fund Report will be released this weekend, most likely on August 22nd.
The Bill and Melinda Gates Foundation Trust Bought Three New Stocks Last Quarter - What Were They?
The Bill and Melinda Gates Foundation Trust purchased three new stocks in Q2 - what were they?
Apple Sells 3.27 Million iPads in Q3
Apple delivered another hit this quarter after announcing that 3.27 million iPad had been sold during the quarter.
Big Day For Tesla As The Company Finally Goes Public
Tesla Motors is finally making its hotly anticipating initial public offering on Tuesday. Will the offering be a smash hit, or will it be a bust?
Nevada Now Leads Nation With 14.0% Unemployment
Nevada had the dubious distinction of posting the highest unemployment rate in the nation in May, topping out at an astonishing 14.0 percent.
Chinacast Education (CAST) Popular With Institutional Investors Last Quarter
CAST was a popular target amongst institutional investors last quarter, as 3 of the 97 funds in our database chose to open new positions in the stock, while 4 added to their existing positions.
Renaissance Technologies LLC Q1/2010 13F-HR Report
Renaissance Technologies LLC filed their 13F-HR report for Q1/2010 earlier today, in which they revealed sizable new positions in General Electric and BSX.
Internet Melts Down Along With the Markets
The markets weren't the only thing that crashed today - so did the web sites of Google Finance, Yahoo! Finance and others.
Citadel Advisors LLC Takes 5.3% Stake in Photronics, Inc.
Citadel Advisors LLC filed a Form 13G after the bell, in which they announced that they had acquired a 5.3% stake in PLAB (Photronics, Inc.)
First Eagle Investment Management, LLC Acquires 5.22% Stake in NGA
First Eagle Investment Management, LLC filed a Form 13D earlier today in which they revealed a 5.22% stake in NGA.
Paulson and Co. Inc. Reveals 15.5% Stake in American Capital, Ltd.
In a Form 13G filing released by the SEC earlier today, Paulson and Co. Inc. revealed that they had purchased a massive 43.7 million share stake in American Capital, Ltd.
Soros Fund Management LLC Acquires 5.26% Stake in Westport Innovations Inc.
Soros Fund Management LLC announced earlier today that they had acquired a 5.26% stake in Westport Innovations Inc. - this works out to about 2.07 million shares.
Goldman Sach's 10 Largest Holdings At The End of Q4/2009 Were..
What were the top 10 holdings of Goldman Sachs at the end of the fourth quarter of 2009?
SAC Capital Advisors LP Acquires 4.9% Stake in Inspire Pharmaceuticals (ISPH)
SAC Capital Advisors LP, in a Form 13G released earlier today, announced that they had acquired a 4.9% position in Inspire Pharmaceuticals (ISPH).
Pequot Capital Management's Lonely Single Position
Why is the now-shuttered and defunct Pequot Capital Management refusing to part with over 200,000 shares of Interoil Corporation?
Harbinger Capital Partners LLC Continues to Trim Stake in New York Times
In their second such transaction of the past month, Harbinger Capital Partners LLC trimmed their stake in the New York Times.
SAC Capital Advisors LP Dramatically Increases Size of Dyncorp International Inc. (DCP) Position
SAC Capital Advisors LP revealed that they had purchased a 6.8% stake in Dyncorp International - Dyncorp is supposedly going to be purchased by Cerberus in a one billion dollar transaction.
Baupost Group LLC Sells Last of Facet Biotech (FACT) Stake
Baupost Group LLC announced earlier today that they had sold the remainder of their position in Facet Biotech, which ended up making tens of millions of dollars for the hedge fund.
SAC Capital Advisors, LP Reveals New 9.5% Stake in Talbots, Inc.
SAC Capital Advisors LP revealed a new 9.5% stake in Talbots, Inc. in a new Schedule 13G filing that was released earlier today.
Denali Advisors LLC Buys Goodrich Petroleum, Sells Amedisys Inc In Q1/2010
Denali Advisors LLC submitted their 13F-HR for the first quarter of 2010 earlier this week, revealing new positions in Goodrich Petroleum and Valero Energy.
Citadel Advisors LLC Increases Stake in Ann Taylor Stores
Citadel Advisors LLC filed a Form 13G earlier today in which they announced that they had increased their stake in ANN - Ann Taylor Stores.
Harbinger Capital Partners Reveals Large Position in PALM
A 13G Filing made earlier this week by Harbinger Capital Partners reveals a sizable (16 million shares) position in PALM, which has recently announced its intentions to sell the company.
The Problem With PALM
PALM added about 50% to its market cap last week after rumors of a possible buyout for the company surfaced. Was this move higher justified?
Ambac Financial Group (ABK) Soars on Short Squeeze
Ambac Financial Group (ABK) continued to soar on Monday after reporting strong Q4 earnings on Friday. The stock's move has been helped by massive short interest.
First Eagle Investment Management, LLC Takes 6.04% Stake in Plato Learning, Inc.
First Eagle Investment Management, LLC announced in a Schedule 13D filing that they had taken a 6 percent position in Plato Learning, Inc.
Apple Taking the Fight Straight to Amazon
Apple is taking the fight straight to Amazon by advertising their brand-new Ipad product under the keyword Kindle on Google Adwords.
Google As a Hedge Fund
Could Google use its vast access to incredible amounts of information to develop their own profitable hedge fund?
The $25 Quarterly Inactivity Fee at TD Waterhouse Is Ridiculous!
So TD Waterhouse decides to charge me a $25 inactivity fee, even though I have been a loyal customer of TD Bank for over 13 years? Find out what I think about this..
Always Consider The Source
When you are considering putting your own money to work in an investment idea, always consider the value of the information that is being passed your way by other people.
100 Financial Dictionary Entries
There are now 100 entries in the Davemanuel.com financial dictionary, and that number is growing every day. Thanks for your support!
New Tool For Looking Up DJIA / NASDAQ / S&P 500 Historical Data Launches
Need to look up historical DJIA or NASDAQ or S&P 500 data in a quick and efficient manner? Look no further than this free tool..
Beginning of an Era? Ebooks Outsell Physical Books on Amazon.com on Christmas Day
Amazon.com recently announced that they had sold more Ebooks than physical books on Christmas Day. This is the first time that this has ever happened.
Bernard Madoff Nearly Beaten to Death in Prison
Bernard Madoff has reportedly gotten into another prison scuffle - this time, the disgraced financier nearly lost his life, according to various reports.
Google Legally Avoids Paying 450 Million Pounds of Tax in Britain Last Year
Some politicians in the UK are extremely angry over the revelations that Google is legally diverting its UK revenues through its Irish subsidiary in order to lower its tax bill.
Historical State Unemployment Rate Tool Launches
A tool for searching a historical database of state unemployment rates (from 1976 until present time) has just been launched on this site.
How Do The Markets Tend to Perform in December?
December is historically one of the strongest months for the markets. How strong? Find out here.
More Arrests Made in Galleon Group Insider Trading Case
More arrests have been made in the Galleon Group insider trading case, bringing the total number of those charged up to 14.
CNBC Viewership Numbers Are Trending Downwards
CNBC ratings are not only down from October of 2008, but they are also down from October of 2007. Should management be concerned?
Amazon.com Surges to New All-Time High After Q3 Earnings
Amazon.com blew away their Q3 earnings expectations after the bell on Thursday, and are now poised to set a new all-time high on Friday.
A Record Number of Foreclosure Filings In Q3 2009
There were a record number of foreclosure filings in the United States in the third quarter of 2009, as many people simply can not afford them homes any longer.
Bernard Madoff Reportedly Gets Into a Fight in Prison
Bernard Madoff is a swindler, but a brawler as well? Eyewitness reports have Bernard Madoff getting into a jailhouse brawl recently against a fellow inmate.
Spot Gold Price Hits New All Time High
The price of gold continues to soar as investors worry about the prospects of skyhigh inflation in the United States, despite reassuring words from Fed officials.
Is the World Bank Running Out of Money?
The World Bank is running dangerously low on funds and will need an $11 billion dollar capital injection by next year, according to its president.
Cramer Slammed For Ill-Timed CIT Call
CIT ended up biting many followers of Jim Cramer on Wednesday, as the stock tanked just a day after the famous market commentator called the stock a buy.
US Income Gap Continues to Widen
The gap between the rich and the poor continues to grow in the United States, as poverty levels in the country reached an 11 year high.
Over 35 Million Americans Receiving Food Stamps
The USDA recently revealed that over 11% of the American population is currently receiving some form of food stamp assistance from the government.
Spain Is Sliding Into a "Full-Blown Depression"
Has Spain officially entered a depression? What can Spain do to turn around their economy, or will they just have to ride this out?
Listen to Marc Faber and You Will Be Depressed (If You Already Aren't)
Marc Faber, author of the Doom, Boom and Doom newsletter, predicts very bad things ahead for the US economy.
Eugene Isenberg, Michael Jeffries Lead List of Highest Paid, Worst-Performing CEOs
Eugene Isenberg and Michael Jeffries topped the list of the most highly-paid, underperforming CEOs in 2008. Both made tens of millions of dollars while their companies' shares plummeted.
Massive Surge in Perot Systems Corp. (PER) Call Options Buying Just Before Dell Buyout
A massive surge in call options purchases the day before the PER/DELL purchase has raised the eyebrows of many people on Wall Street.
Fed Buys 48.3% of Net New Treasuries Sold in Q2 2009
The Federal Reserve, in an attempt to fund the nation's spiraling deficits, purchased $164 billion dollars worth of net new US treasuries in Q2 2009.
Ron Paul Wants To "End The Fed"
Ron Paul, in a recent interview on CNN, re-iterated his stance that the Federal Reserve is a cancer that must be removed in order for the economy to return to its previous glory.
Unemployment Rate in California Reaches Record Levels
California posted an unemployment rate of 12.2% in August 2009, which is the largest rate posted since 1976.
90% of People Believe That The Fed Should Be Abolished
90% of the 12,515 people who were polled on CNBC.com believe that the Federal Reserve should be abolished in the United States. What do you think?
IMF Looking To Sell 13 Million Ounces of Gold
Will the International Monetary Fund sell 13 million ounces of gold? Why is the IMF selling so much gold?