Sequester

Moneyball Economics founder and CEO, Andrew Zatlin, understands the subject of vice in a way few others do. In part two of Benzinga’s conversation with Zatlin, the economist discussed luxury spending and the role of vices like gambling and prostitution in predicting economic activity....

Rep. Morris Brooks (R-AL) appeared on CNBC's Squawk Box Monday morning where he expressed the desire to see Democrats come up with a fiscally responsible offer to the United States' complex spending problem.  "Let's face it, I mean Republicans have overreached on the healthcare bill and I think...

Brent crude oil reached above $110 on Monday morning trading at $110.56 at 11:27 GMT. The commodity was still under heavy pressure from US fiscal problems as well as uncertainty in Europe. After US lawmakers were unable to come to an agreement about the nation's debt, the “sequester”, a series of...

With the deadline approaching for Congress to avert the looming sequester, the markets seem to be shrugging their shoulders at the situation. If lawmakers cannot reach a deal, severe cuts to the federal budget will come into effect starting March 1st. Wall Street's indifference is well deserved...