If you thought the bank bailout that started in late 2008 was long gone, you would be far from wrong. The special investigator for TARP, the government fund that was created in the wake of the financial crisis, released a report …
Ben Bernanke is playing chicken with the real economy.
By most measures, the U.S. economy in the past few months seems to be improving. The unemployment rate has been falling. Manufacturing appears to be perking up. U.S. car companies are back in business. And home sales even rose in December.
Republican Presidential candidate Mitt Romney would save $3.4 million a year — roughly 85 times the total pre-tax income of the average American citizen — if the tax plan he advocates were enacted in the year that he is seeking to be President. In fact, Romney’s policies would not only shrink what he pays to the government, they would …
Never discount Wall Street’s ability to turn the most basic parts of life into profits. Mother nature is the latest money spinner for financial firms. Despite the recent Northeast snowstorm, the unseasonably warm winter, and in …
You can’t have a strong economy without strong banks. That’s why President Bush’s and, later, President Obama’s first attempts to save the economy from a deep recession were focused around bank bailouts. And the fact that the …
If your 401(k) was down in 2011, don’t hang your head. You have plenty of company. Many of Wall Street‘s most successful investors were losers in 2011 as well.
According to Hedgefund Intelligence Database, 60% of all hedge funds …
One of the most widely dispensed and universally accepted pieces of financial advice is that you should contribute at least enough to your 401(k) to get the full match from your company. If you don’t, so the wisdom goes, you will …
In most people’s minds inflation is up there with unemployment as one of the main ills you don’t want an economy to come down with. But in fact a growing number of economists are arguing that rising prices are exactly what we …
Companies are hiring again. That’s the good news. The bad news is those hires might not be coming fast enough.
Companies are hiring again. That’s the good news. The bad news is those hires might not be coming fast enough.
In December, corporate America added 200,000 employees to their payrolls. That hit the magic number economists have …
There have been a number of phrases that have grown out of our current economic malaise. The housing bust. Black Swans. The Mancession. Financial Contagion. The growth recession. QE2. But above all else the phrase that most …
A strange thing has happened as the debt crisis in Europe has gotten worse: The U.S. economy has, surprisingly, improved.
First of all, the outlook for the job market is looking brighter. On Thursday, the Labor Department …
