Why are commercial real estate markets so often gridlocked?

I live in a very prosperous neighborhood of New York City, the Upper West Side, where the main thoroughfare, Broadway, is full of vacant storefronts. Except for a few recent restaurant closings, this isn’t a product of the recession—it was just as true a couple of years ago. I mainly blame the banks, which at the height of their …

Is Ben Bernanke the right man at the Fed?

I just taped an interview for CNN’s Your $$$$$, which airs at 1 p.m. Saturday and 3 p.m. Sunday. If you watch you can also see Roland Martin and Richard Quest debating the merits of pocket squares (unless CNN chooses to cut that highly informative segment). My interview was about my book, so I won’t belabor it. But there was a …

Shout-Out: Real Simple’s 19 Easy DIY Projects

A good how-to can save you time and money. With that in mind, Real Simple mag recently rounded up detailed instructions for 19 DIY projects—everything from fixing a faucet that spits water, to replacing a dead spot on the lawn, to changing a burned-out headlight bulb, to repairing a broken necklace.

The Tobin tax is back in fashion. Would it help?

We staggered back into NYC early this morning, cross-country road-trip completed. I’ll write something soon about the important things I learned sitting in a small-to-mid-sized SUV (we had a Mercury Mariner, then traded it in at the Moline Hertz for a Hyundai Santa Fe) for up to 14 hours a day. But for now, the first headline to catch my …

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