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Boom Bust

​Varoufakis will resign if Greece votes yes Greek Finance Minister Yanis Varoufakis (Reuters / Yves Herman)
The US economy added 22,000 jobs last month according to data released Thursday by the Labor Department. Just a year ago, that number would have been considered a major achievement but today, economists are expecting more steady, increasing jobs ... July 03, 2015 02:30
Boom Bust

The Boom Bust cycle is as old as Western banking itself. Each day at 4:30 pm EST Erin Ade breaks through the mainstream headlines to find the stories that matter, and help you navigate the Booms and the Busts.

AFP Photo / Saul Loeb
​Greece defaults on IMF

Early Wednesday morning, Greece became the first advanced economy to default on the International Monetary Fund. The default has wide implications but...

July 02, 2015 02:30
Reuters / Dado Ruvic
​Is the Euro a failure?

Time is ticking for Greece! The country announced Tuesday that it would not be making its deadline on a debt payment to the International Monetary...

July 01, 2015 02:30
Reuters / Alkis Konstantinidis
Greek banks are bankrupt, but who’s to blame for the crisis?

This past weekend, Greece signaled it was inching just a few steps closer to default. It all started on Saturday when Greek Prime Minister Alexis Tspiras...

June 30, 2015 04:30
Reuters / Essam Al-Sudani
​Alarming decline in US labor participation & Rick Rule on oil sector investing

The US stands alone, at least when it comes to labor participation rates. If you compare America to seven other advanced economies, such as Canada, France,...

June 27, 2015 02:30
View of the Supreme Court in Washington. (Reuters / Joshua Roberts)
How Fed policy contributed to the housing boom and bust

Millions of Americans who were at risk of losing their healthcare coverage will stay insured.On Thursday, in a 6 to 3 ruling, the Supreme Court said...

June 26, 2015 02:30
France's President Francois Hollande. (Reuters / Eric Vidal)
​Rickards on Greece, China, Iran & Trade

French President Francois Hollande is holding an emergency meeting of his country’s defense council after newly published documents reveal American...

June 25, 2015 02:30
Reuters / Kacper Pempel / Files
​Aviation cyber-attacks, online-to-offline technology & encryption by default

Well, it looks like the anti-trust investigation into Google is gathering steam. Global photo agency Getty Images will join the European Union’s...

June 24, 2015 02:30
Reuters / Yannis Behrakis
​Slowing growth in Brazil and China, Greece nears D-Day

Economists have once again reduced forecasts for Brazil, as the country’s economic activity fails to gain traction. According to a weekly central-bank...

June 23, 2015 04:30
Reuters / Yannis Behrakis
​Greece gets a lifeline and Heinberg on OPEC

Well, more funds will pump into Greece’s banks! The European Central Bank has agreed to extend a lifeline to Athens in the hope of preventing a...

June 20, 2015 02:30