Let's think like a central bank. Print lots of new money that devalues existing currency? Check. Charge depositors to save their own cash in the bank? Check. How come it's not working?
One of the leading indicators of a healthy economy is a thriving housing market. As home sales crater, with the S&P following suit, the picture's getting darker.
They call it the Great Recession of 2008-2009, but its disastrous impact and still-felt repercussions are even today tearing through our lives, eroding our savings and crippling our future.
November is a bad month to be traveling by ship anywhere on the Great Lakes. Storms can arise, seemingly out of nowhere, and the bottom of the lakes are strewn with ships that thought they could beat the storm or waited too long to seek the safety of a...
Remember when banks sold houses to people who couldn't afford it? You lost 25% or more of your IRA. Now they're selling billions of dollars' worth of cars to the same folks.
Wish you knew a clever trick to fool your boss into giving you a raise and make your customers think you're a genius – without doing any actual work? Welcome to the world of corporate stock buybacks.
Imagine all your financial and life decisions were made for you by a rich, know-it-all relative who didn't have to live with the consequences. Yep, the Fed's thinking about raising interest rates again.
From negative interest rates to renewed quantitative easing, the European Union is on the economic path to nowhere. Can we ensure that path doesn't lead to our door?