by Anthony Gucciardi A new report hitting the headlines has confirmed what we have been stating for years: major processed food corporations that peddle health-decimating ‘food’ rely purely on distorted misleading junk science. Thanks in part to...

Hedge fund manager Daniel Loeb has sold part of his long position in the nutrition company Herbalife, a source told CNBC. Loeb, who runs Third Point, started selling a few weeks ago and has continued to trade...

PIMCO‘s Mohamed El-Erian has been of the belief that central banks have been distorting asset prices. Specifically, asset prices have disconnected from their fundamentals. But he doesn’t believe this discrepancy can hold for much longer. “There are...

Newzbin was one of the original Usenet indexing sites and the creator of the .NZB file format, the tool that opened up newsgroup downloading to the masses. Perhaps inevitably, in 2008 the site was eyed by the...

Bill Gross rocked the world of stock market investors when he declared “the cult of equity is dying” in his letter to PIMCO clients.  Among other things, Gross argued that it was not economical for return on...

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ULAN BATOR, Mongolia (AP) — Mongolians vote for a new legislature this week facing a fortunate choice: How best can the landlocked, still poor country spend an expected windfall from its mining boom? The main political parties...

Despite the fact that the Chinese government is approving more investments in hope that it could reflate the economy, many including ourselves are not hugely impressed, particularly as the country has already been over-investing. We noted that...

Even by the debauched standards of American politics, these are remarkable statements coming from a president presiding over the worst economic crisis since the Great Depression. World Socialist Web Site