The reputation of the federal government is often rated poorly. Members of Congress get poor grades too. However, the reputations of federal government agencies vary widely. One of the most troubled...
Source: Wikimedia CommonsPetroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, just can’t seem to catch a break. Over the past few months it has been plagued by Brazilian elections, accounting...
The Insurance Institute for Highway Safety and Highway Loss Data Institute have put out a report that includes data on the economic recovery and highway death rates.
Source: ThinkstockJust yesterday we saw a report from Fitch Ratings showing that Apple Inc. (NASDAQ: AAPL) likely would be rated in the single-A corporate credit ratings. The report seemed very...
Source: ThinkstockThe U.S. Commodities Futures Trading Commission (CFTC) has subpoenaed documents and other communications and records going back to 2010 from a metals warehousing firm. Reuters...
Today’s IEA statement:The IEA Governing Board, at its regular quarterly meeting on 18-19 May, examined oil market developments and their impact on the global economy. Despite a near-10% correction...
It was not that many years ago that a slew of investigations almost ruined the big players in the accounting industry. Arthur Andersen disappeared under the weight of a Justice Department...
The U.S. Energy Information Administration has raised its forecasts for the average price of a barrel of oil for both 2017 and 2018.
The International Atomic Energy Agency (IAEA) and the government of Iran have agreed to a new inspection plan that gives the IAEA access to previously closed Iranian nuclear development facilities....
Warren Buffett may not be immune to the world of political inquiries and those looking for more “What really happened?” answers out there.  CNBC and others reported last night that the head of...
The Soviet Union launched the first satellite, Sputnik, in 1957. Throughout the 1960s and during the Cold War, space was a testing ground for government-funded satellites sent by the Soviets and the...
Standard & Poor's believes Sears is in default on some of its debt. How long before the retailer files for Chapter 11?
The SEC charged credit rating agency DBRS with misrepresenting its surveillance methodology for ratings of certain complex financial instruments during a three-year period.
The SEC has issued its two annual staff reports on credit rating agencies registered as nationally recognized statistical rating organizations.
US-based credit ratings agencies S&P and Moody’s have been furiously downgrading the sovereign debt of eurozone nations such as Ireland and Greece.Now, it is the stability of US sovereign paper...