Beautiful Puerto Rico’s Financial Nightmare
For wealthy tax-dodgers it's the quintessential Eden. But for the 12% of the population that are unemployed, and 46% living in poverty, it's a paradise lost.
For wealthy tax-dodgers it's the quintessential Eden. But for the 12% of the population that are unemployed, and 46% living in poverty, it's a paradise lost.
Think you know why the price of gold rises, and how to interpret the overall market outlook through that lens? Think again.
Whether you're a fan or foe of Donald Trump, he's finally put the currency wars on the front page where they belong.
Gold's power has become undeniable, as the dollar recedes under pressure from various foreign currencies and our economy has more question marks than answers.
There's certainly a lot of happy-talk about the economy out there. But listen closely and the undercurrents of anxiety about oil, wages, growth and the global outlook tell a different story.
For wealthy companies and investors Singapore and Puerto Rico were paradises on Earth, where investment and income taxes melted away. But now their economies are paying an awful price.
Think Captain Morgan is just a splashy brand of rum? Think again—the Captain was a real pirate whose fabulous treasure is still waiting to be found.
What's the real meaning of the word conservative? When it comes to investing, conservative used to mean bonds. But in our new economy bonds are riskier than you're being told.
Once again the Fed's interest rate saga ended with a whimper. But is it worth asking what they see on the horizon that's staying their hand?
How could a country blessed with the largest reserves of the world's most in-demand commodity see its economy in ruins? The answer may resonate with your personal portfolio.