What’s Wrong with Online Shopping

Online shopping has plenty of pluses going for it: Compared to the in-store experience, the consumer can browse more quickly than strolling down the aisles, and can do so 24 hours a day, without ever having to head to the mall. But the experience is far from perfect, and I’m not talking about the obvious downsides, like that you can’t …

How to fix Europe, Part 1

This is the first in a series of posts posing different ideas on how Europe can get itself out of its current mess. I figure Europe has so many problems that we can’t possibly address them all in one post. Yes, Greece finally got its bailout, and a big one — $146 billion from the Eurozone and International Monetary Fund – but the …

Hedge Funds Sour On Euro, And Iffy on U.S.

With so many new economic crosscurrents to consider, it’s good to know where the big dogs– hedge funds–are hunting these days. Do they think the European Union can pull a rabbit from the hat and save Greece? Do they think the U.S. economic reports (a hundred visions and revisions) are credible? Are they worried about inflation, or …

Did Goldman Sachs commit a crime?

Things keep getting worse for Goldman Sachs. Late yesterday news broke that federal prosecutors are looking into whether to bring criminal fraud charges against the Wall Street firm. (The outstanding SEC lawsuit involves only civil charges.) No word yet on any details about what those new charges may entail.

Nonetheless, stock analysts …

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