Hedge fund managers are fuming at new political rhetoric against them and their huge paydays.» Read More
"Middle East in Crisis: a Worst-Case Scenario" [CNBC.com's Patrick Allen]
Morgan Stanley hacked?! [Bloomberg]
What's Twitter really worth? [CNBC's Herb Greenberg]
European Court of Justice says men are not worse than women drivers [Reuters via CNBC.com]
Check out "Five Things We're Watching: March 1, 2011" [CNBC's Nik Deogun, Matt Levine]
Feeling a little low? Maybe you need to visit the world's first naked (yes, really naked) therapist [The Daily]
So, this time next week, I will be a year older, but probably not a year wiser—just a week wiser. Here’s what I learned while you were working on REM sleep:
Michael Lewis is being sued over his book The Big Short.
Nouriel Roubini and political scientist Ian Bremmer have developed a new conceptual framework for understanding the economic and political challenges of the 21st century: The G-Zero World.
The phrase G-Zero is borrowed from the G-20, the club of finance ministers and central bankers of the world's twenty major economies. The group has grown in recent years: It was first the G-7 industrialized nations, then the G8 when Russia was added—in its current 20 nation form, it includes developing nations such as China, India, and Brazil.
Turning the page on the calendar has become a favorite exercise for the stock market over the past year or so.
So with February fading into March, traders likely should brace themselves for a happy Tuesday, delivered straight from the accommodating folks on Wall Street.
Consumers increased spending 0.2 percent in January, despite a cut in Social Security taxes that grew personal income by a full percentage point.
You’ll hear lots of theories about why consumers didn’t spend more of the increased income. But don’t read too much into the news.
With all the talk about $4 a gallon gas and the crisis in the Middle East, the specter of surging food prices has gotten pushed to the background.
That’s a mistake, considering that the struggle to put food on the table is what generated the riots in the first place. In the US we focus so much on gas because of the way higher transportation costs infect every sector of the economy, but rising grocery costs are a major threat as well.
Wall Street pay and shareholder performance don't always line up, with a few caveats.
"Are they really taming volatility with their bond-buying, or just jamming it into a coiled spring?"
GE picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus its industrial base, sources said.