There are many aspects of the debt ceiling talks that are untoward. The political posturing. The lack of compromise. The somewhat terrifying reality that the U.S. might not be able to pay its bills.
But one part of the whole affair is really irritating: the righteous indignation of the rating agencies.
U.S. oil companies seem to be giving up on synergy, spinning off their refining businesses so that they can focus on oil production. Conoco, which I previously recommended, announced yesterday that it would split in two, thereby …
Here we go again. Another show about conspicuous consumption for the debt-riddled masses.
If you love the cardboard mansions of “MTV Cribs” or the botox-heavy cat fights of Bravo’s “Real Housewives” shows, chances are you’ll love this: “Wall $treet Wives,” a reality show about the fabulous lives of the women behind the men of Wall …
Place an order by Monday, July 18, with Lumber Liquidators, and you can get a discount of $40 to $200 off already marked-down merchandise. Different coupon codes listed at the site give a range of discounts: JUL40, for instance, grants $40 off orders of over $1,000, while JUL200 gives $200 off purchases over $3,000. Codes are valid on …
In case you haven’t noticed, Washington is currently consumed in an acrimonious debate over whether to raise the debt ceiling. There is no agreement about whether to do so or how, but both parties appear to accept the logic …
Inflation in June fell for the first time in a more than a year. The Consumer Price Index (CPI), which is the government’s most widely watched gauge of what the things average Americans buy cost, fell 0.2% last month. The drop was mostly driven by a fall in gas prices, which were down nearly 7% alone in June. The question is whether …
Google shares shot up more than 12% in after-hours trading on Thursday following the company’s report of surprisingly good second-quarter earnings. Results were far stronger than analysts expected, with both revenue and net income increasing more than 32%. Cash and marketable securities rose to more than $39 billion, compared with debt …
The weird, bureaucrats-run-amok saga in Oak Park, Mich., in which a woman faced jail time for planting a veggie garden in her front yard, is over for the time being. After news of the case went viral and the city was hammered …
Brett Farmiloe, founder of the pursuethepassion.com, talks about how he decided to quit his day job to be an entrepreneur.
Everybody knows that homes on the market are not all priced the same way. Some buyers want to sell in a hurry, so they set their price aggressively low. Others focus on maximizing the return on their housing investment, so they …
Thomas Malthus penned his terrifying vision for the future of mankind more than two centuries ago, but it still haunts us today. He believed that we could never overcome two basic laws of nature – man’s ability to procreate would always outstrip our planet’s ability to feed everybody. His view is one of perpetual poverty and …
