The New York Stock Exchange had to shut down trading abruptly shortly before noon Wednesday over what officials said was a technical malfunction that froze computers on the market’s fabled trading floor. One of the world’s biggest stock exchanges had seen shares trending down throughout the morning because of economic …

From Filip Karinja, for Birch Gold Group The New York Stock Exchange (NYSE) halted all trading on Wednesday. For almost four hours, the world watched with bated breath as the NYSE sorted out what they described as a “technical issue”. Ultimately, the issue was officially reported to be from engineers installing …

The Bank of America’s online banking site suffered occasional problems Tuesday after threats on the internet that a cyber-attack would be launched on the bank and other US targets in protest at a film mocking Islam. A message on pastebin.com claiming to be from ‘cyber fighters of Izz ad-din Al …

Wednesday morning’s stock snafu had a familiar ring to it — mysterious volume in trades that simply could not have been made by a human comes surging out of nowhere, causing brief but acute market mayhem. By now, many players on trading floors have gotten used to the disruptions that …

Hacktivist collective Anonymous has launched cyber-attacks on major financial institutions across the world, including the Bank of England, in order to “start an online revolution.” Hackers claimed to have taken down the Bank of England’s internal email server as part of an operation dubbed ‘OpIcarus.’ Mail.bankofengland.co.uk was down for part of …

Prior to Tropical Storm Sandy making landfall, President Obama declared New Jersey a state of emergency at the request of Mayor Vincent Gray. This allowed the Federal Emergency Management Agency (FEMA) and the Department of Homeland Security (DHS) to oversee the conditions created by the storm and make decisions as to how …

Fed chair, Janet Yellen testified before Congress on Valentine’s Day, Tuesday, 14 February 2017. The Congressional hearing provided cannon fodder to traders looking to go long on bank stocks. Yellen expressed optimism about the state of the US economy, given falling unemployment numbers, rising inflation, and robust economic growth. She …

Senator Ron Paul has introduced the Federal Reserve Transparency Act of 2012 (HR459) to the upset of Ben Bernanke, Chairman of the Federal Reserve Bank. In August, the House of Representatives passed 327 – 98 on a vote which exceeded the necessary 2/3rd majority. Paul, who is pushing for “transparency” …

Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company – the end of the system that according to many has framed and facilitated the US Dollar‘s reserve currency status. The Petrodollar, or the world …