The markets are still struggling and consumers are saving more, causing concern that a recovery will be slow. Art Cashin, floor director at UBS, weighed in Friday with his thoughts. Read More
You’ve probably heard about the hemline indicator, the lipstick indicator and other quirky things that are used to measure where the economy is heading. But how about another: men's underwear? Read More
After the close, Cliff Natural Resources announced a 12 million share secondary...we are expecting BB&T to price a roughly $1.5 billion secondary tonight or tomorrow; sources tell me additional pricings from Duff & Phelps, SCBT Financial are also coming, and... Read More
Back in the day - we're talking 2004 - Minneapolis Federal Reserve President Gary Stern and Sr VP Ron Feldman wrote “TOO BIG TO FAIL: THE HAZARDS OF BANK BAILOUTS.” Back in 2004! Way before Lehman and AIG and the others. Now the book is back – with new insight and new recommendations. Read More