It's now official. The top tax rate in France is now 75% for those who make over a million euros. Moreover, there is a new…
Every person will face an ugly new reality when life as we know it vanishes. It's coming. Soon. It might be a slow crawl decline…
Talks in Greece over the next tranche of loans are now on hold until after the US election. There were numerous reports this week that…
From plans to turn coffee grounds and uneaten pastries into bioplastics to energy efficiency competitions among its stores, Starbucks understands that the future is sustainability…
This week was a mysterious one for oil prices, which took a very sudden dive on Monday, and continued on a downward spiral over the…
Saudi Arabia has offered ... extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact…
Gold bugs are a generally happy bunch this week. But they’d be a lot happier if precious metals mining stocks kept up with the metals…
Another summer is gone. How much gasoline was used vs. the same months in prior years? These charts from Tim Wallace have the answer.Total Petroleum…
The Department of Commerce reported: [T]otal July exports of $183.3 billion and imports of $225.3 billion resulted in a goods and services deficit of $42.0…
I won’t recapitulate my core views on the euro crisis (see this talk), but here are a few points:1. The aggregate numbers are workable, but…
What’s attempted in this quarterly review is to look over the individual energy markets, from both a cursory fundamental and financial outlook and try to…
The front line in energy politics shifted noticeably this week, closing in on the Republicans as the Democrats solidified their confidence that American voters see…
What is the most important climate condition to keep tabs on? We have recently mentioned the record-low Arctic sea-ice extent, but hurricanes this year seem…
Michael Pettis at China Financial Markets believes commodity prices will collapse by as much as 50% over the next few years. His rationale is solid.…
Central bankers debating the limits of power in Jackson Hole are wondering what's holding back the economy. "What is holding the economy back? Why is it…
Since 2000, the middle class has shrunken in size. It has fallen backward in income and wealth, and shed some—but by no means all—of its…
Category 1 Hurricane Isaac’s offensive through the Gulf of Mexico and an explosion and fire at Venezuela’s biggest refinery were key drivers of energy prices…
What if we could take a soil bacteria and tinker with its genes to create a biofuel much in the same way that a cow…
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an…
Will Merkel get her wish for a Unites States of Europe led by nannycrats in Brussels? I suspect not because a vote would likely go…