Spending on cars, clothing, jewelry, furnishings have moved down 20% or more over the last few months. There has been…
"Fortes fortuna adiuvat"–Virgil The question comes up over and over again. How could a massive fraud, which probably went on…
According to Reuters, Obama may seek take cuts of over $300 billion. Reuters reports that the SEC examined Madoff eight…
Stocks in Asia were broadly higher. The Nikkei rose 2.1% to 9,043. The Hang Seng was up 3.1% to 18,516.…
Unrelated and often random comments from the incoming Congress and administration are beginning to create a tapestry of remarkable pessimism…
There is no good news in the most recent Bloomberg survey of economists regarding the unemployment situation in the US.…
One of the more subtle parts of the government bailout of GMAC came after the financial arm of the car…
The Chinese government has finally set up a system to bring fast wireless 3G service to its citizens. In a…
The great promise of the online commerce industry has been that it would grow at a rate faster than bricks-and-mortar…
The mathematics of the US car company bailout are simple. At least the car companies say that they are. Expenses…
There is a hardware developer obsession with "unlocking" the Apple (AAPL) iPhone that has spread to the media. The state…
The Madoff disaster could not have been the only situation where a money management firm took advantage of suckers. The…
Retail stocks are in rally mode despite forecasts that a large number of stock chains could file for bankruptcy this…
Following weak manufacturing data from Russia, China, and India, the Institute for Supply Management announced that US manufacturing measured by…
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) won a $224 million bet that Florida would escape major damage from hurricanes this…
Our top personal finance-related articles today. Your wallet will thank you later.
