US shale oil and gas investors are on a ‘road to ruin,’ warns renowned short-seller Jim Chanos

Jim Chanos’s Kynikos Associates is betting against a number of U.S. shale oil and gas stocks, saying Wall Street analysis of the sector is deeply flawed. Investors are taking for granted accounting methods that mask problems with the fundamental business model...

Senate Rejects Bipartisan Effort to End 9/11 Military Force Declaration

In a battle between Republican isolationists and interventionists, the Senate rejected Senator Rand Paul’s push to end the military force declaration passed after 9/11.