Big Business

Goldman Sachs “Hunger Bonds” is the fuel that the regime of Nicolás Maduro needed in Venezuela

 06/01/2017 - 12:42
A person holds a poster that read “Goldman Sachs sucks”, during a demonstration against US investment firm Goldman Sachs in rejection of the alleged purchase of $ 2.8 billion in bonds from the Central Bank of Venezuela in New York, United States on May 30, 2017. EFE/Andrew Gombert

According to a Wall Street Journal report, the US investment bank, Goldman Sachs, last week made a purchase of bonds issued in 2014 by the Petroleos de Venezuela Company, worth $ 2.8 billion.

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Thursday, June 1, 2017 - 12:15pm
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A person holds a poster that read “Goldman Sachs sucks”, during a demonstration against US investment firm Goldman Sachs in rejection of the alleged purchase of $ 2.8 billion in bonds from the Central Bank of Venezuela in New York, United States on May 30, 2017. EFE/Andrew Gombert

[OP-ED]: Trump’s stock boom -- illusion or reality?

 04/25/2017 - 10:10
Stock valuations are tricky. With hindsight, the market can stay above or below levels reflecting economic fundamentals for long stretches. Whatever the case today, stocks are nowhere near the absurd heights of the “tech bubble” at the turn of the century. EFE
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The last thing President Trump now needs is for the stock market to go south on him. After all, he’s got worries aplenty: abroad, North Korea, Syria, Russia and Brexit; at home, the stalled effort to repeal Obamacare; and uncertainty surrounding “tax reform.” Compared with this tapestry of troubles, the stock market has been a splendid blessing.

Posted Date: 
Tuesday, April 25, 2017 - 8:30am
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Robert J. Samuelson
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Stock valuations are tricky. With hindsight, the market can stay above or below levels reflecting economic fundamentals for long stretches. Whatever the case today, stocks are nowhere near the absurd heights of the “tech bubble” at the turn of the century. EFE

At Border Security Expo, Trump's Border Wall Plans Had Constructors Drooling

 04/14/2017 - 04:06
The U.S. border fence near EL PASO. Wikimedia