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Massive Deficit Spending Greenlights Waste, Fraud, Profiteering and Dysfunction

Submitted by Charles Hugh Smith from Of Two Minds The nice thing about free to me money from any source is the recipients don't have to change anything. Free money.....»»

Category: blogSource: zerohedgeSep 14th, 2018

Senate passes massive defense and health spending bill, tries to delay border wall fight to after midterms

The Senate action comes with a government shutdown deadline less than two weeks away......»»

Category: topSource: washpostSep 18th, 2018

The Wall Street Journal: Kudlow claims spending, not tax cuts, is culprit in budget deficit

A top economic.....»»

Category: topSource: marketwatchSep 17th, 2018

Danske Bank Plunges On News US Investigating Massive Money Laundering Fraud

Just as we anticipated, the massive $150 billion money laundering scandal unfolding in.....»»

Category: blogSource: zerohedgeSep 14th, 2018

U.S. Budget Deficit Widened in August, Treasury Says

The monthly U.S. budget deficit nearly doubled in August compared with a year earlier, as government spending swelled and revenues declined......»»

Category: smallbizSource: wsjSep 13th, 2018

U.S. Trade Deficit Posted Biggest Increase in July Since 2015

The U.S. trade deficit posted its biggest monthly increase in almost three and a half years in July, as tax cuts and higher federal spending goosed up domestic demand while a cooling economy overseas hampered exports......»»

Category: smallbizSource: wsjSep 5th, 2018

U.S. Trade Deficit Posts Biggest Increase in July Since 2015

The U.S. trade deficit posted its biggest monthly increase in almost three and a half years in July, as tax cuts and higher federal spending goosed up domestic demand while a cooling economy overseas hampered exports......»»

Category: smallbizSource: wsjSep 5th, 2018

Argentina to Impose Temporary Tax on Exports

Argentina will impose a temporary tax on exports and cut spending by the federal government as part of a plan to cut its budget deficit and convince markets it can get its finances under control......»»

Category: topSource: wsjSep 3rd, 2018

Massive Russian-Chinese Joint War Games Will Feature Nuclear Exercises

Over the past half year the West has increasingly taken note of the significantly heightened pace of both Chinese and Russian military spending and surprising leaps forward in terms .....»»

Category: blogSource: zerohedgeAug 24th, 2018

Walmart"s efforts to sell sustainable products reveal a massive divide among American consumers

Walmart has made an ambitious effort to get its budget-conscious customers to buy more sustainable products.  CEO Lee Scott called employees and suppliers to reduce waste, use more renewable energy, and sell products that "sustained people .....»»

Category: topSource: businessinsiderAug 14th, 2018

Economic Report: Federal budget deficit increases 79% in July

The federal budget deficit grew 79% in July, the Treasury Department said Friday, as spending jumped and the government took in less money from both corporations and individuals......»»

Category: topSource: marketwatchAug 13th, 2018

U.S. Budget Gap Widens

The U.S. government’s budget deficit widened 21% in the first ten months of the fiscal year when compared with the same period a year earlier—as spending jumped......»»

Category: smallbizSource: wsjAug 10th, 2018

US Spending On Interest Hits All Time High As Budget Deficit Soars To $684 Billion

The US' spending problem is starting to become a major issue. According to the latest Monthly Treasury Statement, in June, the US collected $225BN in tax receipts - consisting of $110BN in individual income ta.....»»

Category: blogSource: zerohedgeAug 10th, 2018

Spending On Interest Hits All Time High As Budget Deficit Soars To $684 Billion

The US' spending problem is starting to become a major issue. According to the latest Monthly Treasury Statement, in June, the US collected $225BN in tax receipts - consisting of $110BN in individual income ta.....»»

Category: blogSource: zerohedgeAug 10th, 2018

U.S. Federal Budget Gap Widens

The U.S. government’s budget deficit widened 21% in the first ten months of the fiscal year when compared with the same period a year earlier—as spending jumped......»»

Category: smallbizSource: wsjAug 10th, 2018

US budget deficit totals $76.9 billion in July

The federal government recorded a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years......»»

Category: topSource: foxnewsAug 10th, 2018

The strange story of how MoviePass’ owner was created by an Indian company accused of massive fraud

Getty / Dave Kotinsky / Strin.....»»

Category: topSource: businessinsiderJul 27th, 2018

U.S. business spending on equipment strong; trade deficit widens

New orders for key U.S.-made capital goods increased more than expected in June and shipments surged, pointing to solid growth in business spending on equipment in the second quarter......»»

Category: topSource: reutersJul 26th, 2018

The New York Post: NFL great Steve Young’s private equity firm accused of covering up fraud

The private equity firm that Hall of Fame quarterback Steve Young co-founded in 2007 — eight years after he retired — stands accused of covering up a massive fraud at one of its companies......»»

Category: topSource: marketwatchJul 16th, 2018

US Budget Deficit Hits $607 Billion In 9 Months, As Spending On Interest Explodes

The US is starting to admit that it has a spending problem. According to th.....»»

Category: blogSource: zerohedgeJul 12th, 2018

U.S. Budget Deficit Narrowed to $74.86 Billion in June

The U.S. government’s budget deficit narrowed in June compared with a year earlier. Spending and revenue collection both fell, including a large drop for corporate-tax receipts in the wake of federal tax cuts......»»

Category: smallbizSource: wsjJul 12th, 2018