As if Europe doesn’t already have it bad enough, here comes some more foul news: Germany’s growth, widely considered to be the saving grace of the flailing eurozone, is grinding to a halt. The question is what that means for struggling Europe and the global recovery.
Only a year ago, the region’s biggest economy seemed to be powering …
The chattering class is agape over an op-ed in The New York Times on August 14, written by a billionaire, for billionaires, and about billionaires. The op-ed was penned by investment legend Warren Buffett, chairman of Berkshire …
The Federal Reserve Bank of New York released a report on Monday that shows America is chipping away at its collective debt — but slowly. According to the Quarterly Report on Household Debt and Credit, overall consumer debt was down by $50 billion at the end of June. If that seems like a lot, it’s not; in fact, it’s a measly 0.4 percent …
In early spring, when the news came out that housing had entered a double dip – prices were falling again – it seemed like an outlier. The jobs market was picking up steam. Corporate profits were up. The stock market was rising. A lot has changed in just a few months. Now the question is whether housing was a leading indicator for the …
According to the New York Times columnist and Nobel Prize laureate, you know what would end the economic slump in 18 months? Aliens.
The soaring Swiss Franc offers an important lesson for long-term stock investors.
With Wall Street in chaos, IPO candidates are forced to play a waiting game.
Will U.S. consumers make the comeback we need to stave off another recession? That’s a question markets and economists have been pondering ever since the Fed announced it would keep interest rates low until mid-2013. The Fed’s pledge aimed to pump up borrowing and spending to egg on much-needed U.S. growth. But with consumer confidence …
The New York Times Opinionator blog has a rather doting feature on More Than Wheels, a New Hampshire-based non-profit that sets people with bad credit up with low-interest car loans.
Like many Americans, Howard Schultz, the CEO of Starbucks, is disgusted with politics—the bickering, the astounding inability to get things done, the blatant self-interest in every carefully calculated decision. Now Schultz is …
ING announced that for the first time it would make paper checkbooks available to accountholders. Odd throwback move or brilliant strategy?
