U.S. Treasury Secretary Timothy Geithner said Tuesday it is imperative for the government to reduce over time the debt that is piling up as a result of the government's response to recession and financial market turmoil. "We... [full story]

Sprott Resource Corp.  has reported net earnings of $134.2-million for 2008 as it “benefited from the rise in the resource market and then preserved capital after the market and economy deteriorated.” Sprott... [full story]

U.S. Steel Canada is temporarily closing its operations in Hamilton and Nanticoke, Ont., putting close to 2,000 employees out of work. Union representatives confirmed Tuesday that the Hilton works in Hamilton and the Lake... [full story]

Federal Reserve Chairman Ben S. Bernanke said American International Group Inc. operated like a hedge fund and having to rescue the insurer made him “more angry” than any other episode during the financial crisis. “If... [full story]

The Chicago Transit Authority retirement plan had a $1.5 billion hole in its stash of assets in 2007. At the height of a four-year bull market, it didn’t have enough cash on hand to pay its retirees through 2013, meaning... [full story]

U.S. stocks retreated for a fifth day as Federal Reserve Chairman Ben S. Bernanke said the banking system still hasn’t stabilized, offsetting gains in commodity shares on speculation China will boost demand for raw... [full story]

We live in a bizarre times right now.   We still watch and read the media that continues to lie to us while they steal your wealth and the wealth or your family.   Our governments all over the world are... [full story]

Hyperinflation is a devastating phenomenon. It wipes out the middle class by destroying the value of cash, savings, bonds and other paper instruments. But, how does it affect stock markets? With the Federal government just... [full story]

Bank of New York Mellon’s London-based currency strategy team (made up of Simon Derrick and Neil Mellor) presented on Wednesday a very compelling view of what to expect in the forex markets in the next year. The short... [full story]

Toronto's key stock index fell more than 5 percent on Monday, its biggest one-day drop in three months, due to weaker oil prices and data that showed the Canadian economy shrank during the fourth quarter. The Toronto Stock... [full story]