24/7 Wall St. has created a new list of brands that will disappear, which includes Sears, Sony Pictures, American Apparel, Nokia, Saab, A&W All-American Foods Restaurants, Soap Opera Digest, Sony Ericsson, MySpace , and Kellogg’s Corn Pops. KODAK Shares of Eastman Kodak Co. tumbled to a new all-time low following... 

Belgium has had its credit rating downgraded by ratings agency Standard & Poor’s. The country’s downgrade could make it more expensive for Belgium to borrow in future. Belgium’s rating was cut by one notch, to AA from AA+, with S&P expressing concerns about funding and market pressures. The... 

The good news is that if we get through 2012 without the financial collapse of a big bank or a eurozone government, our economy will probably muddle through, flatlining rather than falling back into acute recession. The bad news is that 2012 is the year of greatest risk that a bloated bank or over-extended government... 

As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible. Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising... 

The U.S. government is scrambling for debt management and in a scenario which is not so good; the fall of 2011 is bringing extensive conflicts between President Obama and the Congress on three different factors all of which relate to federal spending. These three are the fiscal budget for the year 2012, the special... 

Days before the doomed financial broker filed for bankruptcy, MF Global conducted “unexplained wire transfers” that led to a $900 million shortfall in client funds, leading customers like Gerald Celente to learn that their accounts had been looted and setting the precedent for internal bank runs as more big firms... 

Noted trend forecaster Gerald Celente says anyone who buys into the stock market at this point is a sucker. He tells King World News: It’s like Bernie Madoff said, ‘The U.S. is one big Ponzi scheme.’ From the king of Ponzi he knows what he’s talking about. All they can say in the mainstream media is that it’s... 

  The yield on Greek one-year government bills hit 60% Tuesday. Not only does this suggest default is now all but certain and will come soon, it also implies that the terms of the default will be particularly brutal for investors, with recovery rates possibly even lower than the currently anticipated 50%. European... 

The head of the World Bank has warned that the global economy is entering a new and dangerous phase. Speaking on Sunday night in Sydney, Robert Zoellick said the loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed... 

Aug. 10 (Bloomberg) — Komal Sri-Kumar, chief global strategist at TCW Group Inc., talks about the U.S. economy and the outlook for stocks. Sri-Kumar also discusses Federal Reserve monetary policy, U.S. corporate tax rates and his investment strategy. He speaks with Matt Miller and Betty Liu on Bloomberg Television’s...