Archives for April 2015

Judging by Russian central bank Governor Elvira Nabiullina’s recent comments at the annual meeting of the Association of Russian Banks (ARB), she is certainly not Ben Bernanke or Janet Yellen. It appears any comparison would likely insult her. Nabiullina, who helped stabilize the ruble after it descended 50 percent, confirmed that the central bank will […]

Despite the dramatic plunge it has experienced since late 2013, the peer-to-peer decentralized digital currency bitcoin is still attracting big money from major players on Wall Street and in the overall financial markets, says the Wall Street Journal. Who are some of these investors? Well, Citadel Securities, KCG Holdings and Wedbush Securities, just to name a few. […]

Prager University is out with a new video that features George Mason University economist Walter Williams discussing how “profits are progressive.” Here is a message from the conservative website: “Is profit a dirty word? Would the world be better off without them? Or are profits progressive — the only thing that can move potatoes from […]

The Wall Street Journal published an interesting chart that looked at unemployment by education. Of course, those without a high school education ranked at the top with 8.3 percent, while those with at least a college degree were at the bottom with 2.5 percent. What was interesting, though, was the fact that workers with some […]

Another Federal Reserve official has come out against the United States central bank from raising interest rates, citing the labor market and uncertainty in the overall economy. Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Tuesday the central bank should be “extraordinarily patient” and delay any increase in interest rates until the second half […]