With apologies to German Chancellor Angela Merkel, The Boys of Summer (Don Henley) are gathered once again for their annual G8 summer clam bake, so let's crank up the tunes... Read More
Here comes the corporate earnings season, and there's no doubt it will be more important than most. Alcoa's after-the-bell report Wednesday signals the start of the second quarter reporting period, which traders say could be a turning point for a very tentative stock market. Read More
When you throw in a short-armed consumer and the massive deleveraging of both households and businesses, an ugly fiscal picture begins to take shape with deficits exploding beyond the already huge projections put forth by the White House. Read More
With fiscal deficits now spinning out of control, Congress should keep its promise to taxpayers and use bank dividend payments to offset existing spending programs, not use it for even more new spending. Read More
Stocks enter the second half of the year with trepidation, despite the fact that the economy may finally start to show real signs of recovery. Read More
It's an open question whether the Waxman-Markey climate bill will do anything to reduce global temperatures, but there's no doubt congressional supporters will feel the heat during the mid-term elections next year. Read More