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Wells Fargo CEO John Stumpf To Retire Effective Immediately

The most anticlimiatic and predictable outcome to the biggest banking scandal to rock Wall Street in recent years, Wells Fargo;s fraudulent creation of 2 million (or more) fake customer accounts, has...

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After Trump Win, Ad Agencies Admit They're Clueless On How To Market To...

Donald Trump's election taught politicians several valuable lessons, including, but certainly not limited to, the following:More spending doesn't necessarily equate to victoryYou can speak your mind...

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S&P Futures Rise Propelled By Stronger Dollar; Europe At 1 Year High As Yen,...

It appears nothing can stop the upward moment of equities heading into the year end, and as has been the case for the past few weeks, US traders walk in with futures higher, propelled by European...

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Unilever Shares Soar After Kraft Heinz Confirms £112BN Takeover Bid; Options...

Unilever shares soared this morning after food conglomerate Kraft-Heinz, backed by Warren Buffett and Brazil's 3G, confirmed it made a £112bn takeover offer for Unilever, leading to a 11% surge in the...

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Teacher's Pension Fund Involved In Brazilian Land Grabbing Scandal Had...

Via Disobedient MediaAn investigation has revealed that the Teachers Insurance and Annuity Association—College Retirement Equities Fund (TIAA)'s ties to a land grabbing scheme in Brazil had previously...

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Global Stocks Rise; Euro Surges To 6 Week High After French Presidential Debate

European stocks are modestly in the green as gains in banks and oil companies offset declines in miners. Asian stocks and S&P futures rise with Emerging-market stocks extending their longest...

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Walmart Tumbles After Amazon Says It Will Cut Whole Foods Prices Monday

Here comes even more of that deflation the Fed hates so much.Walmart stock is getting whacked, as is the broader grocer sector, after Amazon announced moments ago that the acquisition of Whole Foods...

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Global Markets, US Futures Barely Move With All Eyes On The Fed

The day has finally arrived: today the Fed will officially announce the start of its balance sheet shrinkage (full preview here) while keeping rates unchanged, perhaps hiking again in December (market...

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Millennials Have Ushered In The 'Baby Bust' Cycle

Negative Population Growth, Inc., has issued a November report warning that America is no longer making enough babies to keep pace with deaths. The report blames, the ‘baby bust’ phase on the...

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Crypto-Cornucopia Part 2 - "This System Is Garbage, How Do We Fix It?"

Authored by Dr. D via Raul Ilargi Meijer's The Automatic Earth blog,Part 1 "Bitcoin Is A Trust Machine" here.You have to understand what exchanges are and are not. An exchange is a central point where...

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