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Kudlow: Boneheaded Stimulus Never Works
NEW YORK (CNBC) -- With a flamboyant downgrade of the outlook for economic growth, jobs and profits, Wednesday's 280-point Dow plunge to launch the so-called June stock swoon is a warning shot across the bow.More on EconomyThe Dow tanked alongside a - Click for more...
Ugly economic data sinks US stocks
NEW YORK (AFP) – Jobs and manufacturing data showing deep weaknesses in the US economy sent the US stock market plunging Thursday, wiping out the gains of previous days.The Dow Jones Industrial Average dropped 279.14 points (2.22 percent) to 12 - Click for more...
June starts ominously for teetering Wall Street
NEW YORK (Reuters) – Wall Street ended a four-day rally with its worst session since August on Wednesday and could suffer more losses in coming days as investors faced more signs the economic recovery is fading.All 10 Standard & Poor's sect - Click for more...
Silver Futures Climb, Gold May Advance on Europe Debt, Inflation Concerns
BLOOMBERG - Silver futures gained and gold may extend its two-week rally as Europe’s debt crisis and accelerating inflation draw investors seeking to protect their wealth. Gold priced in yuan rose to a record.Silver for July delivery jumped as - Click for more...
House panel unveils defense spending bill
WASHINGTON (AP) – A House panel on Tuesday unveiled a $649 billion defense spending bill for next year's Pentagon budget that funds the nation's wars in Iraq and Afghanistan and wades into the long-running fight over the multibillion-dollar, ne - Click for more...
Gold, silver rise on Greece's debt concerns
(AP) Lingering concerns about Europe's debt problems are supporting gold and silver prices as investors look for relatively stable assets.It was the third straight day of gains for gold, which settled at $1,523.30 an ounce Tuesday. Silver rose to $36 - Click for more...
Gold, silver coins to be legal currency in Utah
SALT LAKE CITY – (AP)  Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being "as good as gold."To make that point, they've turned it around, and made gold as g - Click for more...