Featured
The Oil Market ‘Is Lying To Us,’ Oil Execs Say
(Yahoo! Finance) - Big Oil is making money but losing sleep. Sure, high oil prices are nice; we’ll find out next week exactly how nice when the majors report first-quarter earnings. But what goes up must eventually come down.
Rerouted, Not Retreating: U.S. Global’s SEA ETF and the New Economics of Global Cargo
Freight rates don’t usually make headlines until something goes wrong.
Recent
Supreme Court Hands Victory To Tax Advisors—And Loss To IRS—In CIC Services Case
The Supreme Court held that taxpayers’ advisors have the right to sue the IRS to set aside or invalidate IRS Notices.
Another pending disagreement between markets and the Fed
Bad news will be bad news in the May jobs report.
Robert Shiller: Home prices will fall and 'cause some pain'
The housing market is hot as home prices continue to rise, but Nobel Prize winning economist Robert Shiller predicts prices will eventually drop.
HSBC exits loss-making U.S. retail banking as part of Asia pivot
HSBC announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and winding down others.