Listening to "financial astrologers" causes investors to jump in and out of the markets, usually at the wrong times. It's great for the securities industry. It's terrible for investors, most of whom would be better off if they never invested.
Listening to "financial astrologers" causes investors to jump in and out of the markets, usually at the wrong times. It's great for the securities industry. It's terrible for investors, most of whom would be better off if they never invested.
Our great recession will not end until the 14 million unemployed Americans return to work. A solution will not come from God, or China or even the IMF and World Bank. One route may lie with one of our strongest and closest partners: Canada.
One may argue if Obama puts together a major job drive, the GOP would block it. However, then the president could stop playing only defense and go on the offense, making clear who has a major job-creation program and who is sabotaging it.
Listening the Republican debate last night, I was once again struck by the extent to which these folks are stuck in a tattered old box when it comes to economic policy -- advocating the very agenda that got us into our current mess.
The overriding policy objective in the United States must be a stable and healthy financial system that supports the American economy without imposing unnecessary risks and costs on its citizens.
If the choice for salvaging the American economy is between Republican snake oil and the puff ball proposals of the president's CEO-laden jobs council, America will be in deeper and deeper trouble. And so will the president.
First Wells Fargo acquired the bank I'd been banking in. Then they acquired my mortgage. The roof over my head and the little savings accounts where my kids manage their newspaper money were just parts of Wells Fargo's diversified portfolio. So we left.
Should you throw caution to the wind and quit your day job to launch your business?
Debate has been raging as to whether the Greek economy can avoid bankruptcy. Just how big is the problem, what are the options and how is this impacting financial markets?
Today, many for-profit colleges have picked up where the subprime lenders left off. They are using the same promise of the American dream as bait to trap vulnerable students into underperforming schools and saddling them with a lifetime of debt.
You might be surprised to learn that more and more of the dollars you pay for coverage are being sucked into a kind of black hole. It doesn't really disappear, of course.
This recovery is mired down by structural burdens of a housing depression, a damaged financial system, unusually high unemployment and extraordinarily high public debt.
If the Democrats remain silent on the urgency of job creation, the vacuum will be filled by the Republican snake oil of federal spending cuts and cut taxes on big corporations and the wealthy.
Democrats should be enjoying a nice political windfall thanks to the Republicans' blunder on Medicare. But watch for the bipartisan Gang of Six to snatch defeat out of the jaws of victory.
With the expiration of the first-time homebuyer tax credit and looming end to quantitative easing efforts, the housing market is only now being left to face the brunt of post-crisis market forces without those two forms of federal support.
The real economy is catching up with the financial economy, as it always does. Wall Street is built on smoke and mirrors, while the real economy is based on jobs and wages.
Our message, which parallels the voices ringing out this year in the streets of Madison, Lansing, Columbus, and other embattled cities, is America's workers built this country, and we're going to take it back.
If your company is struggling, face the facts about the health of your business, and then come up with a strategy.
With the loss of equal pay for women amounting to approximately $11,000 in lost income per year, the sagging economy is affected. If we equalize pay, a woman could earn tens of thousands of dollars more.
Democracy in action is a beautiful thing to see. For the past few weeks, a colorful, makeshift camp erected by young Spanish protestors demanding gov...
Managing to the short-term, managing to self-interest and hoping for a "happily ever after." It's beginning to feel a bit like rearranging the deck chairs on the Titanic.