Markets soar when the Fed hints at more money, and crash when it hints that it will sit still. When you operate with an elastic currency, and expand credit 50 times in 50 years, Bill Bonner warns, don't be surprised when the market inevitably falls over.
Volcano ash 15,000 feet high is well below jets on international routes, which fly at 35,000 feet. Pavlof Volcano sits beneath the flight corridor between the US and Asia.
Doing Good
What happens when ordinary people decide to pay it forward? Extraordinary change...
Scott Budnick works in the dining room as customers arrive for a free meal at the Mathewson Street Friendship Breakfast in Providence, R.I.
Scott Budnick serves breakfast – with a side order of respect – to the homeless
Sunday breakfast at a Providence, R.I., church is more than a free meal. Half the volunteers are homeless themselves: 'It's their [own] breakfast that they're putting on.'
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