A Hard Look At Greece's Grim Choices
WASHINGTON (AP) — Why would Greece accept more pain when unemployment is at 21 percent, the economy is enduring its fifth year of recession and rioters are hurling gasoline bombs in the streets of...
View ArticleHere's The Chart That Has Stock Market Bears Ripping Their Hair Out
Stocks have had an incredible run so far since the beginning of the year. The S&P 500 is up a whopping 6.7% during the period, closing at 1342 on Friday. In December, we surveyed 16 of Wall...
View ArticleBofA's Ex-Strategist David Bianco Is Making A Fool Out Of Everybody
Last September, sentiment was pretty gloomy toward the global economy, and it was reflected by tumbling stock prices. The S&P 500 was trading at around 1150. Right then, David Bianco--Bank of...
View ArticleWe Can't Keep Growing Like This
A couple of questions for you to ponder over your morning coffee: What's the sustainable long-term growth rate for the world population? And, relatedly... What's the sustainable long-term growth rate...
View ArticleAvoiding Muni Defaults Set The Stage For An Infrastructure Crisis
Warning: Wonkish When you stick your neck out and make prognostications about the future, sometimes you're going to be wrong. I’m certainly no exception. But when it comes to really big misses, I...
View ArticleWARREN BUFFETT: The Investment You Think Is 'Safe' Is Actually The Riskiest...
Warren Buffett has published a preview of his annual letter in Fortune. In the preview, he does one of the many things he does best: Explaining basic investing concepts and history in a way that no...
View ArticleShares Of MSG Are Going Berserk Due To Jeremy Lin (MSG)
LINSANITY can add one more notch to its belt: driving stock prices upward. Shares in Madison Square Garden Co., which owns the New York Knicks, have gone up 6.2 percent since Jeremy Lin was inserted...
View ArticleBI Is Hiring A Manager For Our New Paid Research Service
We're looking for someone with a journalism background who is interested in developing Business Insider Intelligence into a best-of-class research service. What is BI Intelligence? BI Intelligence is...
View ArticleJP MORGAN: Chinese Mortgage Rates May Be Lower Than You Think
One of the big concerns in the world these days is the trajectory of the China's economy. Specifically, is China head for for a soft or hard landing? Many point to the China's slowing property market...
View ArticleHow Germany Gamed The Euro And Worsened The Crisis
On a recent trip to Greece, I visited my aunt in her Athens apartment. I'd arrived from Berlin, and she, like many Greeks these days, wanted to talk about Germany in not the nicest terms. "The Germans...
View ArticleHere's How Obama Plans To Create New Jobs With His Budget
From a supplement to the just released White House budget, here's the new stimulus being proposed. --------- JUMPSTART JOB CREATION More than $350 billion in short-term measures for job growth...
View ArticleGuess How Much It Costs The Government To Produce A Nickel
As we mentioned earlier, Obama proposes a new rule that would let the Treasury use cheaper metal in the production of coins. We might be able to save some money this way, due to the fact that it...
View ArticleAll Our Coverage Of Obama's Multi-Trillion Dollar Budget
Obama is releasing a $3.8 trillion budget plan, and projecting $4 trillion in deficit cuts over the next decade. The budget is going live on the OMB website in any minute now. Obama is rolling it...
View ArticleBoeing Says The World Will Need Exactly 33,500 New Jets By 2030
Boeing (NYSE: BA) officials say that the world will need 33,500 large aircraft between now and 2030. That is a very precise number given that no one knows what will happen to the world economy over...
View ArticleThe Most Overpriced Housing Markets In The Developed World
Most OECD countries have experienced an inflating home price bubble from the first quarter of 2001 through the fourth quarter of 2006. But many have yet to see their bubbles burst. Torsten Slok,...
View ArticleHere Are The 7 Equations That Explain Everything
The world can be explained with math. New Scientist's Ian Stewart has compiled the seven equations that you – or anything else for that matter — could not exist without. Stewart selected the equations...
View ArticleItalians Are Selling Their Ferraris To Avoid Tax Scrutiny
Italy may be synonymous with Ferrari, Lamborghini, Maserati, and Ducati for car enthusiasts the world over, but they may no longer be as popular as they used to be in their home country. More and more...
View ArticleThe Big Myth Of The Crash Of 1987
It’s not unusual to see the 1987 market crash bandied about supporting extreme claims. This outlier event is often misrepresented by bears who are trying to prove why a certain market environment is...
View ArticleREPORT: Republicans WILL Pass Payroll Tax Cut Extension
From Jake Sherman of POLITICO, one risk may be off the table. Everyone assumed this would probably happen, but still there's always the chance that the trigger goes off. The jobless benefits are still...
View ArticleAND NOW: There Are Fresh Headlines About ECB Involvement In Greek Debt...
We wrote last week about rumors reported by WSJ that the European Central Bank could give back its holdings of Greek bonds to the Greek government at below face value but at least equal to the money...
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