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This Will Be The Best October Ever For New York Luxury Real Estate

This will be the best October on record in the luxury real estate market in New York City, according to the latest Olshan Realty report. So far, a total of 87 contracts on properties over $ 4 million...

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Republican Senator Hints At Conspiracy To Delay Jobs Report

Sen. Chuck Grassley, a Republican from Iowa, hinted at ulterior motives for a potential delay on the October jobs report release Friday: The Bureau of Labor Statistics said Monday that it is working to...

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GALLUP: Romney Surges Back To 5-Point Lead Over Obama

Republican nominee Mitt Romney jumped back out to a 5-point lead over President Barack Obama in today's Gallup tracking poll, reversing a day of gains for the president.  Romney is up 5 points on...

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Here's Why It's So Important That The US Stock Market Opens By Wednesday

It's that time of the month for traders -- the end of the month. The thing is the U.S. stock market is closed today and tomorrow as Hurricane Sandy intensifies along the eastern seaboard. The last time...

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STOCK MARKETS TO BE CLOSED ON TUESDAY

UPDATE: The stock exchanges are confirming that U.S. markets will be closed for trading on Tuesday. Here's the statement from the New York Stock Exchange via BNO News : NYSE Euronext Statement on...

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Predictive Technology Is Turning America Into A Nation Of Part-Time Workers

New York Times reporter Steven Greenhouse reported this weekend that sophisticated human resources software is turning Americans has substantially increased the number of part-time workers. The...

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SHILLING: Investors Used To Hope Stimulus Would Boost The Economy, Now They...

Economist Gary Shilling sees a disconnect between the slowdown in the global economy and optimistic investors. In his latest Bloomberg View column, Shilling writes that investors are addicted to...

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CFOs Agree: Investing In Southern Europe Is As Scary As Investing In The...

BDO's annual 'global opportunities' survey found that the eurozone debt crisis remained one of their key concerns. Almost half (44pc) of the 1,000 CFOs surveyed by the global business consultancy...

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Gallup Suspends Polling Due To Hurricane Sandy

Gallup editor in chief Frank Newport said today that the firm would suspend its daily tracking poll indefinitely due to Hurricane Sandy.  Here's the statement: Gallup has suspended polling for its...

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Mitt Romney Has Been Telling A Huge Whopper About The Auto Industry, And His...

Mitt Romney is facing intense pushback today over a new Ohio campaign ad that appears to suggest — falsely — that Chrysler is moving U.S. jobs to China.  The ad doubles down on a statement that Romney...

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Close Presidential Elections Are Usually Followed By Big Stock Market Swings

Post-Election Apprehension Our view remains that a closely divided and hard-fought election will be followed by more fighting in a divisive and bitter lame duck session in Congress, resulting in higher...

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Your Sexy Nurse Costume Comes From China

With Halloween on Wednesday and trade with China again a focal point in the election, lets take a look at where exactly the U.S. finds all the Halloween costumes we import each year. For importers, the...

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How England Had A Construction Bust Without A Boom

The decline of U.S. housing market  has a compelling narrative. Lenders convinced borrowers to live beyond their means, financial institutions packaged borrowers’ debt as a high-grade investment...

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Here's The Obama Campaign's Response To Romney's Chrysler 'Lie'

President Barack Obama's presidential campaign released a new ad Monday, responding to Mitt Romney's "false claim of Jeep outsourcing to China." The ad, "Collapse," will be released in Ohio, a key...

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Obama's Recovery Looks Even Weaker When You Compare It To Reagan’s

White House economist Alan Krueger on the third-quarter GDP report: Today’s report shows that the economy posted its thirteenth straight quarter of positive growth, as real GDP (the total amount of...

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MASSIVE SHAKEUP AT APPLE—SCOTT FORSTALL IS OUT (AAPL)

There has been a massive shake up in the executive ranks at Apple. Scott Forstall, the brilliant, but polarizing SVP who leads iOS, is out. As is John Browett who took over Apple's retail operations...

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NATE SILVER: Obama's Odds Of Winning Have Now Surged Back To 75%

Obama's odds of winning re-election continue to rise, according to New York Times polling guru Nate Silver. Obama also continues to hold a commanding lead on betting markets Intrade and Betfair. This...

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There's No Way Obama's Recovery Is Sustainable

President Obama, back in 2009: Even as we clear away the wreckage of this recession, I have also said that we cannot go back to an economy that is built on a pile of sand — on inflated home prices and...

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Two Big Economic Datapoints Are Coming Out Tomorrow

A little Sandy break! From Nomura, here's what to expect in the economy tomorrow: The pace of chain store sales slowed in the week ended 20 October following a strong showing over the Columbus Day...

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US Futures Are Trading And They're Tanking Again

U.S. stock market futures reopened at 6:00 PM EST, and they tanked instantly and have been near their lows for the past hour. Dow futures are down 90 points. S&P 500 futures are down 8.8 points....

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