The payroll numbers make Ben Bernanke look smart

Lots of gloomy Wall Street economists wrote explanations over the past couple days of why good employment numbers didn’t mean the economy was doing better. They did that because payroll services company ADP estimated Wednesday that the economy added 130,000 jobs in January. Ummm, not quite. Now the Labor Department has come out with its [...]

Microsoft wants to be Pepsi to Google’s Coke

After two years of talking about it, Microsoft finally put in a formal bid for Yahoo this morning. Yahoo had a really bad earnings report a couple days ago, making the deal a little cheaper than it would have otherwise been. The deal here seems to be that Steve Ballmer & Co. think the world [...]