The price of gold as measured against the U.S. dollar hit a record $1,341 per ounce at the close of commodities market day October 5, just after the Bank of Japan announced plans to lower interest rates to zero and create $60 billion in new currency. Silver, copper, platinum, palladium, and most other commodities also measured recent highs in trading on the same day.

After losing billions during the economic crisis, bloated benefits of state and local government-employee pension plans across America have been thrust into the spotlight as officials consider the tough reforms necessary to ensure their funds’ continued existence.  

Bilderbergers, look out, here comes another super secret meeting of billionaires predicting the future of the world’s economy.

New York Times on iPhoneThe New York Times will stop publishing its print edition sometime in the future. That's the word from Arthur Sulzberger, publisher of the Times.

The Obama administration, writes the New York Times, has done just about everything in its power to prop up the sagging housing market, but all of its attempts have failed.