Bank customers can expect a flurry of thick mail as credit companies rush to get chip cards into their hands ahead of the holiday season.» Read More
Proxy access is supposed to make corporate governance more democratic. But evidence from recent shareholder proposals suggests something very different is happening—labor unions are gaining more power.
Teasing out short term trading noise from durable economic news is tricky business.
As I wrote about earlier this morning, a ten dollar per barrel increase in oil price can have an equivalent economic effect of negating $120 billion in payroll tax cuts.
So what are we to make of it when we are treated to headlines such as this one , from the Associated Press: "As Oil Markets Calm, Shares on Wall Street Rise."
If you listen closely enough, you can hear the stagflation storm brewing across the economy. It’s the sound of rising prices and weak economic growth conspiring to create the Federal Reserve’s worst enemy.
Friday’s lame GDP print exemplified where we’re heading, with the economy gaining just 2.8 percent in the fourth quarter of 2010 no matter how much government economists tried to talk up the robust corporate balance sheet and supposed gains in employment.
Yes, this happened.
Municipal bond issuance dropped to an 11-year-low in January. It has not picked up substantially in February, according to the muni bond people I speak to.
January saw $12.2 billion of new debt, a decline of nearly 63 percent from January 2010. Volume hasn’t been this low since January of 2000.
The standard explanation for this is the end of the Build America Bond program, which offered qualified issuers a 35 percent federal tax subsidy to issue taxable debt.
Massive instability in North Africa is terrible news for a fragile US recovery: Though just how terrible remains to be seen.
The New York Times cuts to the chase this morning :
"Higher oil prices restrain growth because they translate to higher fuel prices for consumers and businesses. Mr. Lafakas [a Moody's energy economist] estimates that oil prices are on track to average $90 a barrel in 2011, from $80 in 2010, an increase that would offset nearly a quarter of the $120 billion payroll tax cut that Congress had intended to stimulate the economy this year."
Those are staggering numbers.
Nicole Lapin, of CNBC's Worldwide Exchange, explains what she's long and what she's short this week.
The bullion bull run is strong as investors flock to gold and silver as a safe haven from the turmoil in the Middle East. On Thursday, the spot price of gold and silver hit an all time high in Mumbai, India's largest bullion market.
I caught up with George Milling-Stanley,Managing Director of Government Affairs at the World Gold Council, to talk about what some of my contacts are calling "a golden wave of opportunity."
CNBC's Patti Domm and Jeff Cox discuss the jobs report and the current dilemma of long-term unemployment.
CNBC's Patti Domm and Jeff Cox discuss the recent GDP numbers and what factors have been affecting it.
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
Bank customers can expect a flurry of thick mail as credit companies rush to get chip cards into their hands before the holidays.
In the latest chapter of an ugly billionaire divorce, Chicago hedge-fund manager Ken Griffin has challenged his estranged wife's claims on his private planes and real estate.
Investors following Warren Buffet's portfolio may suffer a drop as Berkshire Hathaway's portfolio significantly fell.