The S&P 500 hit an historic closing high yesterday, despite complaints that the tape was "boring."
Tuesday's travel headlines include JFK's plan to round up snowy owls, AmEx lounge-access changes and cities with the highest and lowest travel taxes.
Whether the current iteration of Volcker will discourage risky bank trading activities—or survive legal challenges—will take years to become clear.
Happy Tuesday. Looks like some white stuff is on the way for Wall Street, so we're just going to snuggle up with a morning six-pack.
BankUnited, the first bank to be bought by a private equity firm, is now the nation’s top performing mid-sized bank.
The euro is within sight of a two-year high set in October and charts indicate that a sustainable uptrend is at hand.
The deal Twitter struck with Starcom Media Group guarantees millions in advertising dollars in exchange for advertising spots for Starcom clients.
A business in Madison, Wis., offering "therapeutic cuddling" for $60 an hour—the Snuggle House—has closed after its owner took too much "grief."
A new city-guide app sorts through millions of Instagram photos to find the best bars, museums and other hot spots
S&P 500 ends at a historic high as stocks stage slow, steady climb higher. The problem: stocks have stalled around these levels.
Half of the 43 million renters in the U.S. now pay more than a third of their income to their landlords, up from 18 percent 10 years ago.
Mom-and-pop retail investors are zigging and big-money institutions are zagging as the market tries to figure out which way things are going.
And let's be clear. Investors don't expect the airline to be simply profitable, but very profitable.
Warren Buffett writes in his annual letter to shareholders that the company's board is "enthusiastic" about a person chosen to eventually take over as CEO of Berkshire Hathaway. But Buffett does not name that person, saying only that it's "an individual to whom they have had a great deal of exposure and whose managerial and human qualities they admire." There are also "two superb back-up candidates."
What's the theme for 2014? It's still murky, but I'm increasingly warming to the idea of a synchronized but low-key global recovery.
An economist at the St. Louis Fed has conjured up quite a storm of controversy with his claim that quantitative easing could be deflationary.
Travel headlines for Monday also include flight cancellations and the new American Airlines.
A passenger nodded off on a flight from Lafayette, La., to Los Angeles on United Airlines with a stop in Houston and found himself locked inside.
Happy Monday. It's icy here in the Northeast, making conditions perfect for a morning six-pack:
M&A activity looks to pick up. Debt markets should expand. Clients may stop nagging about fees. What's not to like?
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