AllStarDebtBuster

The banks then, if they want to, lend this new money out into the economy on a fractional basis, adding even more "thin air" dollars to the nation's money supply. This unique ability in America lends the Fed enormous power. The power t [...]

Assets in the nation's retail money market mutual funds fell $2.5 billion to $920.12 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category fell $2.3 billion to $725.33 bi [...]

The fine gentleman who runs the site CAPERatio.com did a little graphic for me depicting the ten cheapest and ten most expensive stocks in the S&P 500 as of yesterday's close. Of course, there are no conditions like growth ... [...]

The sharp rise in Portuguese government bond yields over the last couple of days, in the wake of the resignation of two of the country's senior cabinet members, serves as a timely reminder that central bank monetary policy is not the only risk t [...]

The Bangko Sentral ng Pilipinas (BSP) is preparing a menu of policies it last deployed during the global financial crisis of 2008-2009 in case capital flows turn volatile "beyond what you think is reasonable," a key official said ... [...]

In most of the fraudulent transactions, the buyers did not make any deposits or down payments. Levitin and his conspirators used some of the fraudulently obtained mortgage proceeds to cover the down payments and deposits. At or shortly after a closin [...]

OTTAWA, Sept 17 (Reuters) - Canadian Finance Minister Jim Flaherty said on Tuesday Canada's housing and condo market has cooled but that he stands ready to intervene if there are any signs of an emerging housing bubble. In an interview with BNN& [...]

Before the reassignment, Zhou and three other deputy governors of the PBOC attended a press conference regarding China's monetary policy and financial reform on March 13. Selected questions and answers from the press conference can be found belo [...]

More people talk about making money or losing money in their 401(k)s, not the fees. Francis Vitagliano, visiting scholar at the Center for Retirement Research at Boston College, compares the lack of discussion to the time decades ago when food ...See [...]