Pimco need only look at its own performance for a lesson in the perils of active management, Fidelity founder Bogle said.» Read More
Labor number schizophrenia : Economy adds only 36,000 — but unemployment rate falls to 9%.
Egypt Braces for Massive Protests [Wall Street Journal]
Egyptians want Mubarak out —today [Financial Times]
Ally Financial picks the usual suspects to take it public: Cit, Goldman, JPMorgan, and Morgan Stanley.[CNBC via Reuters]
"The Worst Cell Phone on Earth" [Slate | Hat Tip: Felix Salmon]
Egypt Not Iran '79—should that reassure us? [Bloomberg]
ADP is terrible at predicting payroll numbers [Barry Ritholtz]
Work for Meredith Whitney now! [DealBreaker]
Early Superbowl Commercial Preview? [NY Times]
Twenty-six year old Craig Rosen is taking a $100,000 gamble on his future.
That's how much Rosen, a first year MBA student at the University of Southern California, will owe in loans when he graduates.
"Having a bachelor's degree is no longer enough to be competitive in corporate America. A graduate degree is a way to set yourself apart from competition," said Rosen. "I think most students at USC are optimistic that they will be able to find an internship or full time position after this school year ends."
I'm beginning to wonder if the meaning of The Year of The Rabbit isn't something of a secret.
Today, as you likely already know, is the Chinese Lunar New Year: And 2011 is the Year of The Rabbit.
Looks like Kenneth Cole's impolitic tweet about Egypt has become a flashpoint for brand cyber-toge.
A new Twitter account called "KennethColePR" was opened up today, shortly after Cole's Cairo Uproar tweet. It's obviously not an official Kenneth Cole account. In fact, it seems that the main purpose of the account is to mock Kenneth Cole's Cairo gaffe.
The commodities markets are running scared as images of unrest in Egypt dominate tv screens around the world. Just how high can black gold go? I asked that question to John Hofmeister former President and COE of U.S. Operations of Shell Oil and Founder and CEO of Citizens for Affordable Energy.
A new study of public beliefs about the health care reform law demonstrates that many Americans have false impressions about some of its provisions.
This won’t come as a shock to anyone who is familiar with the facts of widespread public ignorance and error. We’ve long known that the public substitutes distorted and simplistic stereotypes for knowledge of political facts. Seventy percent of the public doesn’t know the names of either of their state’s senators, for example. During the height of the Cold War, 62 percent of the US public didn’t realize the Soviet Union was not a member of NATO.
Famously outspoken shoemaker Kenneth Cole says he writes all the tweets signed "KC" that come from the @KennethCole Twitter account.
Which means he has no one to blame but himself for the outrage over a tweet sent out earlier today claiming that the "uproar in Cairo" was the result of Egyptians finding out that the new spring shoe collection was available online.
Looks like the top guys over at UBS are going to bat for their team—fighting management to expand the bonus pool.
UBS has delayed 2010 bonuses because senior executives have deemed the bonus pool "unworkable" and they need time to plea for more money.
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.
An uptick in borrowing has come from high net-worth clients in brokerages, not from the consumer banks.
The face of automation on Wall Street is a computer hooked up to nine blinking screens that goes by the name Quantitative Market Maker, or Q.M.M.
After a turbulent market week, some strategists are ready to call the all clear. But others say stocks could still test the lows of the past week.