Liquidity evaporates in China as 'fiscal cliff' nears

As noted baseball player Yogi Berra was fond of saying, it seems like deja vu all over again. Remember the "fiscal cliff" of late 2012? In case you are a bit hazy on it, here is a description from Investopedia: "A combination of expiring tax cuts ...

Cliffs Natural Resources Inc ( NYSE:CLF ) reported fourth-quarter results for fiscal year 2014 after market close on Monday. Revenue fell 15% year-over-year (YoY) to $1.29 billion but was able to outperform consensus estimate by 6.6%. This was the ...

The era of fiscal cliffs and deadlines in Congress is not over. Much of the legislative agenda in the new, fully GOP-controlled Congress will be guided in 2015 by a series of expiration dates for laws that require new action or threaten government ...

0 RecommendedRecommend Share on Facebook 1 1 SHARES Rep. Adam Kinzinger (R-IL)Heritage ActionScorecardRep. Adam KinzingerHouse Republican AverageSee Full Scorecard42%" width="226" height="300" / [mc_name name='Rep. Adam Kinzinger (R-IL)' ...

(AFP) - World stock markets surged on Wednesday, making a bright start to 2013, after the United States clinched a deal to avert the so-called "fiscal cliff" of drastic tax rises and automatic spending cuts. European and Asian markets spiked ...

(Recasts; adds details of financial pressures, comment from watchdog group, trading of bonds) By Karen Pierog CHICAGO, Feb 27 (Reuters) - Chicago drew closer to a fiscal free fall on Friday with a rating downgrade from Moody's Investors Service ...

Summary Wall Street has a herd mentality. They are blind to the warning signs. Don't run off the cliff with the rest. The below is an abridged version of a longer article that appears in the Winter 2015 Euro Pacific Global Investor Newsletter ...

The European deal done six days ago was supposed to stabilise the Greek debt crisis. In return for a bit of fiscal autonomy the Syriza government (a) recognised its debts as legitimate (b) gave its lenders a running veto on any measures taken that ...

Guest post written by Vance Ginn Mr. Ginn is an economist in the Center for Fiscal Policy at the Texas Public Policy Foundation. Texas has been a bright spot in an otherwise dim U.S. economy for years. Consider that Texas employs 1,444,290 ...