Jobs Report Has Bad Housing-Related Numbers

Although the October jobs report was considerably higher than expected, it contained numbers which indicate future problems in the housing…

11 years ago

S&P Downgrades Credit Rating of France

Standard & Poor’s downgraded France’s credit rating from AA+ to AA, a move not matched by other credit-rating issuers.

11 years ago

As Expected, BlackBerry Will Be a Smartphone Bloodbath Victim

Once king-of-the-hill smartphone vendor BlackBerry (BRRY) and its shares took another leg down, and I am inclined to think that…

11 years ago

Penney’s Flagging Sales Leave It Grasping at Straws

J.C. Penney Co. (JCP) heads into the holiday season needing a gift from Ole St. Nick to appease investors.

11 years ago

America’s Driving the Next Subprime Bubble

Just as home sales and subprime mortgages inflated the real estate bubble in 2006 and 2007, today the U.S. auto…

11 years ago

Investors Concerned about GDP Growth

Economic growth beat estimates, leading investors to worry that the Federal Reserve could begin tapering its stimulus sooner than expected.…

11 years ago

Wall Street: The Best Friend of Entrepreneurs and Investors

Yesterday, I gave a lecture at the historic Kansas City Public Library. I defended Wall Street and made the case…

11 years ago

$3.6 Billion Lost to Fraud is IRS’s Improvement from the Year before

For tax year 2011, the Internal Revenue Service (IRS) issued $3.6 billion in potentially fraudulent refunds.

11 years ago

Spain’s Industry, Exports Grow, Unemployment Still High

Spain reported 1.4% year-on-year growth in September, contradicting expectations of a 1.5% contraction.

11 years ago

Global Grain Production up, Commodities Traders Down

The United Nations’ Food & Agriculture Organization (FAO) reported today that global grain production will be much more robust than…

11 years ago