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Gold: Two Possible Scenarios Post-U.S. Election

Goldman Downgrades S&P 500 Earnings for Next 3 Years

Lowered Guidance for 36 Months After a relatively upbeat third-quarter earnings season, Goldman Sachs Group Inc (NYSE:GS) wants to remind...

Inflation: The Real Reason Interest Rates Are Going Up in December

While the official figures don’t show it, inflation is an increasing problem in the U.S. economy. It’s a growing problem...

Cyberattack Disrupts Internet Access to Many Companies

Twitter, Tumblr among Firms Affected by New Wave of Attacks It’s another day and another massive cyberattack. This time, the...

GDP Growth Hurt by Banks’ Litigation Costs

$5.0 Trillion in Reduced Lending The recent crackdown on financial misconduct has raised litigation costs at many major banks, and,...

China’s Capital Outflows Surge to $78 Billion

Goldman Sachs Sees FX Outflows Rise Anyone looking at data supplied by the People’s Bank of China would think that...

Jim Chanos Renews Criticisms of Tesla CEO Elon Musk

Jim Chanos Explains Why While most celebrity asset managers are known for the stocks they love, there are a few...

Hewlett Packard Starts Laying Off Workers

The Axe Falls at HPE Hewlett Packard Enterprise Co (NYSE:HPE) has started enacting layoffs that were promised as part of...

Political Rhetoric Could Undermine Fed Independence: Survey

Economists Speak their Minds after Trump Criticism of Yellen Politicians accusing the Federal Reserve of artificially keeping interest rates low...

Regulators Fine T-Mobile $48.0 Million for Slowing Data Plans

High Data Users Were Targeted When customers signed up for “unlimited” data plans at T-Mobile, they were misinformed about the...

El-Erian Says the Fed Makes Him Bearish on Equities

Why He Is Holding 30% in Cash Mohamed El-Erian, chief economic adviser at Allianz SE and a Bloomberg View columnist,...