RBNZ: One Freshly Baked Rate Hike Coming Up?

In their last rate statement, the RBNZ hiked the cash rate from 2.5% to 2.75%. That's was first rate hike in almost three years! Hmm, this could mean RBNZ Governor Alan Bollard and his men are in from...

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Regular readers of Sense on Cents are well aware of the multiple issues I have highlighted regarding Wall Street’s self-regulatory organization, FINRA. Allegations of front-running the auction-rate ...

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New Tax To Hit Chinese Oil Giants

China, the world’s second-biggest energy consumer, has proposed to widen a new resources tax on coal, oil and natural gas output throughout the country. The 5% tax, which was introduced last month i...

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After hearing Big Ben state that there’s “unusual uncertainty” concerning our nation’s economic outlook, market players were not really enthusiastic. Market volatility picked...

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Wall Street Economist V. Rick Davis: Mano A Mano

I love a good debate, or at the very least a healthy response to a challenging statement. I witnessed just such an exchange yesterday. I shared my story, Rick Davis Nailed 1st Qtr 2010 GDP Report on N...

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The Department of Labor recently released its annual study Highlights of Women’s Earnings in 2009 and opens the report with the following statement: “In 2009, women who were full-time wage and...

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SurgiVision IPO To Boost DARA

Should Allow DARA to Raise $7 Million, Dilution Free On June 25, 2010, SurgiVision, Inc. filed an Amendment 7 to Form S-1 Registration Statement with the SEC noting proposed pricing for the company...

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AUD Weekly Commentary 06/25/10

News over the weekend of China bringing to a close its USD peg to the yuan in place since the financial crisis in 2008, signs of weakness in the US economy and a dovish tone to the FOMC statement from...

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Fed Lowers Economic Outlook, Rates Unchanged

The Federal Reserve, as expected, left the Fed rate unchanged at a range between 0.0% and 0.25%. More importantl...

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I Gordon Brown, former unelected Prime Minister of the United Kingdom, would like to issue a statement on behalf of the Labour Party and formally apologise for almost a decade and a half of Labour rul...

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