When we reached the depths of the recession, one prevailing thought was that we needed to innovate our way out of it if we were ever going to get back to economic health. After all, that's what we've done before.
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There was a time not that long ago, if you said "BlackBerry 850" people knew you were talking about the most sought after wireless device available. Lately however, those words have tended to be used only to reflect BlackBerry's (BBRY) battered share pric
Continue reading >>Back in 2008, Bridgewater founder Ray Dalio put out a paper titled "How the Economic Machine Works: Leveragings and Deleveragings." It was a long slog through history that explained why the financial sector and the economy had fallen into such dire strait
Continue reading >>The shorts, aka the bears, were beaten into submission on Wednesday despite their cause finding support in lower economic growth projections from the Federal Reserve that may be as credible as a baby unicorn sighting.
Continue reading >>WASHINGTON (AP) — House Republicans are far less ambitious this week in their demands for spending cuts to erase new debt issued to pay the government's bills than they were during a budget battle two years ago.
Continue reading >>China's economy is probably growing at an annual rate of 4 percent, said Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, brushing aside a recent string of upbeat economic numbers from the world's second biggest economy.
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