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CNBC's Rick Santelli asks the question, is government data real? more...

The euro struggled to make any headway in Asia on Wednesday, having suffered a minor setback on a lack of progress in talk of a common bond, while the Swiss franc stayed under pressure on expectations of imminent action to curb its strength.* more...

Albert Einstein is reported to have said that insanity consists of doing the same thing over and over again and expecting different results. By those standards, the deal with Greece that is about to be agreed looks insane. The only justification, as I argued in a column on May 10, is that it is...