This One Image Shows How Difficult It Is For John Boehner To Negotiate With...
From the conservative site RedState, a reaction to John Boehner's Fiscal Cliff offer.A little bit from the postHere are two things to keep in mind with regards to Boehner’s budget offer. First, when...
View ArticleThe Entire US Economy Would Improve If Walmart Paid Workers More
Walmart workers are striking for better wages, and for good reason.The largest U.S. employer pays an average of $8.81 an hour, placing workers well below the poverty line. The workers are asking for...
View ArticleHere's What The Fiscal Cliff Deal Looks Like Right Now
The clock is ticking for the White House and congressional Republicans to come up with a plan for how to avoid the "fiscal cliff" — the more than $500 billion in annual tax increases and spending cuts...
View ArticleJohn Boehner Has Started Purging Fiscal Hawks From House Committees
Three conservative House deficit hawks were stripped of their committee seats Monday for not being "team players" — a power move by House Republican John Boehner as he tries to quell dissension among...
View Article47% Of People Think The Deficit Would INCREASE If We Go Over The Fiscal Cliff
As the Fiscal Cliff fight rages on, both sides are using the media to position themselves as being serious and reasonable.One big factor is that for all the hype about the issue, very few people really...
View ArticleCHART OF THE DAY: The Average Person Is Absolutely Horrible At Investing
Just how bad is the average investor at investing?According to BlackRock's chart of the week, they're so bad that they've managed to underperform every major asset class for the last 20 years. They've...
View ArticleOBAMA: 'We Are Not Going To Get A Deal' Without Raising Tax Rates
President Barack Obama gave his first post-election television interview Tuesday, sitting down with Bloomberg White House correspondent Julianna Goldman to talk about the fiscal cliff. Obama started...
View ArticleNetflix Stock Soars After It Announces A Big Deal With Disney (NFLX, DIS)
Netflix's stock jumped almost 10% after it announced a new deal with Disney.Starting in 2016, Netflix will be streaming Disney movies in the "pay TV window." That is industry-speak for the time after a...
View ArticleOne Of The Highest Rated Shows On Cable Is Basically Proof That The Gold...
If you've never heard of Discovery Channel's "Gold Rush," which airs each Friday, you're missing out.Now in its third season, the program tracks four mining companies as they dig for "pay dirt" in...
View ArticleWall Street's Analysts Aren't Budging Ahead Of The Fiscal Cliff
Wall Street's strategists and analysts are surprisingly sanguine as the fiscal cliff nears and threatens to slam GDP.According to FactSet's review of 10,988 ratings on S&P 500 companies, 50.0% were...
View ArticleDarden CEO Blames Obamacare, The Media, And Bad Promotions For Its Struggles
The CEO of Darden Restaurants is the latest restaurant executive to complain about Obamacare's effect on his business. Darden, the parent company of Olive Garden, LongHorn Steakhouse and Red Lobster,...
View ArticleSTOCKS GO NOWHERE ON NO NEWS: Here's What You Need To Know (DIA, SPY, QQQ, ORCL)
Nothing really happened today.First the scoreboard:Dow: 12,951, -13.8, -0.1 percentS&P 500: 1,407, -2.4, -0.1 percentNASDAQ: 2,996, -5.5, -0.1 percentAnd now the top stories:There was no major...
View ArticlePANDORA SHARES COLLAPSE AFTER HOURS (P)
Pandora shares are down 20 percent in after-hours trading following disappointing guidance in their fiscal Q3 financial results.For Q4, management expects revenue of $120 million to $123 million, which...
View ArticleThe Hottest Investment Idea On Wall Street
We've been looking at a lot of Wall Street predictions and forecasts for 2013, and one big theme is standing out: Go foreign!Goldman Sachs, Bank of America, and Morgan Stanley are all saying that 2013...
View ArticleIf Peter Thiel And Garry Kasparov Are Right About The Innovation Crisis, Then...
CAMBRIDGE – As one year of sluggish growth spills into the next, there is growing debate about what to expect over the coming decades. Was the global financial crisis a harsh but transitory setback to...
View ArticleA Wikileaks Cable Explained The Money Laundering Formula That Turned Macau...
Shares of Macau-based casinos got slammed in the last day amid reports of the mainland cracking down on the junket operators that ferry rich players into high-roller rooms.Junket operators are widely...
View ArticleSheryl Sandberg Just Gave Away $11.8 Million In Facebook Stock (FB)
According to a new SEC filing, Facebook chief operating officer Sheryl Sandberg gave away 429,184 shares of Facebook stock on November 20 — a gift worth $11.8 million.The filing did not name the...
View ArticleThe US Housing Buyer-Seller Curve Is Looking Bullish
CoreLogic reported today that existing home sales prices officially recorded in October (probable contract average August) rose 6.3% year over year. Corelogic also collects MLS data on contract prices...
View ArticleMark Zuckerberg Has 68 More Shares Of Facebook Than He Did Last Month (FB)
Mark Zuckerberg owns about $14 billion in Facebook shares—almost entirely in Class B shares, which give him voting control of the company but can't be sold like Class A shares.And indeed, he's said he...
View ArticleMontgomery Burns Explains The Fiscal Cliff
The fiscal cliff has gone mainstream.Andrew Kaczynski points us to this new Simpsons clip of Springfield billionaire C. Montgomery Burns explaining the fiscal cliff.Here's Mr. Burns:SEE ALSO: The...
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