The 11 Companies That Will Get Slammed Hardest If We Go Over The Fiscal Cliff
Though most of the attention in the fiscal cliff negotiations has been on taxes and revenue increases, lawmakers are also trying to avert $1.6 million in spending cuts that kick in after the Jan. 1...
View ArticleJOE BIDEN: The White House Is Willing To Negotiate On Tax Rates For The Wealthy
Vice President Joe Biden said Friday that the White House would be willing to make a deal on how much tax rates rise for the wealthy, as long as Republicans agree to let the rates increase."We are...
View ArticleWorld's Richest Man Sets His Eyes On The US
Dec. 8 (Bloomberg) -- Billionaire Carlos Slim’s America Movil SAB has brought its Telcel brand, Mexico’s biggest wireless carrier, to the U.S. to offer plans with unlimited calls south of the...
View ArticleBARRON'S: Here Are The Top 10 Stocks For 2013
Barron's just published its 10 Favorite Stocks For 2013. The feature has writeups on each stock. But here's a peak:Apple: "Even after implementing a dividend -- now providing a 1.9% yield -- and a...
View ArticleThe 12 Worst Housing Markets In The World
Knight Frank's report on the state of housing markets worldwide shows exactly how hard Europe is getting pummeled.South America has seen home prices rise by 9.8 percent, while prices in Asia Pacific...
View ArticleThe New Panama Canal Could Change Everything For US Imports
The near-total closure of the Ports of Los Angeles and Long Beach, which ended Wednesday after a week-long strike, could have crippled the flow of goods into the US. But it could be the start of new...
View ArticleWhy China's Super-Rich Are Packing Up And Moving Abroad
This article by Hua Ti on Economic Observer was translated by WorldCrunch and syndicated here.BEIJING - Zhang Lan, founder of restaurant chain South Beauty, is one of China’s richest women and a symbol...
View ArticleInside The Dramatic Collapse Of Greece's Healthcare System
This article by Benoît Vitkine on Le Monde was translated by WorldCrunch and syndicated here.THESSALONIKI - It was in 2009 – what feels like ages ago now - that the Organization for Economic...
View ArticleWe Need To Stop Maximizing Profit And Start Maximizing Value
Since the late 1970s, when American companies were fat and complacent, the focus of American business has been on the bottom line.Spurred on by activist shareholders, private-equity firms, and bonuses...
View Article3 Bearish Signs In A Sea Of Negativity
Last week I published the 3 bullish signs in a sea of negativity (click here). So I figured I’d even the score and mark down some of the more bearish economic signs I’ve been seeing lately.Yes,...
View ArticleUSDA Chief: Rural America Is Becoming Less Relevant
Agriculture Secretary Tom Vilsack has some harsh words for rural America: It's "becoming less and less relevant," he says.A month after an election that Democrats won even as rural parts of the country...
View ArticleIT'S OFFICIAL: Europe's Worst Nightmare Silvio Berlusconi Is Running For...
Silvio Berlusconi on Saturday ended weeks of speculation by announcing he would again run for the job of prime minister, which he was forced out of last year."I am running to win," the leader of the...
View ArticleThe Amazing US Consumer Is Saving The Economy Once Again
November monthly data reported this week came in surprisingly strong (or at least un-weak). 148,000 new jobs were created, and the unemployment rate fell to a new post-recession low of 7.7%. Auto sales...
View ArticleAnother Reason For Americans To Fear The End Of The Year: The 'Agriculture...
This week’s print edition has an article discussing another reason for Americans to fear the end of the year: the “agriculture abyss.”Farm subsidies cost America’s government tens of billions of...
View ArticleRaising Capital Gains And Dividend Taxes Won't Speed Up The Recovery
Set aside the relative performance of the current US economic recovery versus, say, past US recoveries or what’s happening presently in Europe.Instead, let’s focus on absolute performance.Right now the...
View ArticleConAgra Is About To Become One Of The Biggest Food Companies In The Country
ConAgra has spent much of the past decade transforming itself from a commodities-driven food company, focusing on trading and merchandising, into a branded goods business. Yet at the end of November...
View ArticleItalian PM Mario Monti Intends To Resign After Passing Budget After Losing...
Italian PM Mario Monti has said he plans to resign after passing Italy's 2013 budget.Multiple outlets, including Bloomberg, are reporting the news.The gist is that last week, Silvio Berlusconi's party...
View ArticleThe Euro Plunged This Week After The ECB Meeting — And That Was A Great Sign
There was an ECB meeting on Thursday, and there was no change in policy, but the Euro plunged nonetheless, right in the middle of Mario Draghi's press conference, which started at 8:30 AM ET.You can...
View ArticleA Simple Lesson About Federal Reserve Bond Purchases That Could Save...
Remember back in 2011: PIMCO boss Bill Gross famously bet against the US Treasury market on the grounds that as QE2 came to an end, interest rates would surge, because the Fed would no longer be in the...
View ArticleWhat Tonight's Chinese Inflation Data Will Tell Us About The Economy
Consumer and producer prices for November are out at 8:30 p.m. ET. Analysts polled by Bloomberg expect consumer prices to rise 2.1 percent, and producer prices to fall 2 percent.Bank of America's Ting...
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