Despite recent ups and downs, hedge funds are now more in love with Japan than at any time in the last decade.» Read More
Barack Obama’s editorial in the Wall Street Journal is sure to land him in hot water with the left and perhaps win him a few supporters on the right.
In case you missed the news, the president put his byline over a Wall Street Journal op-ed saying that he will sign an executive order to ensure that federal regulations strike a balance between protecting safety, health and the environment, on the one hand, and economic prosperity, on the other.
Apple is down around 3 percent to 4 percent today on the news of a health-related leave of absence for Steve Jobs. There has been much discussion in the media and among analysts about the "Steve Jobs Premium" and what his day-to-day presence is truly worth in terms of market cap and shareholder value.
A reader by the name of "Jim K." writes in to comment on our coverage of the banking sector. He's a bull who is really hoping we don't change our bearishness.
Former Republican Minnesota Governor Tim Pawlenty may not have officially announced his candidacy for President but the Governor is busy laying out his plan on how to cut the government spending.
Pawlenty is advocating legislation that would block any attempt to raise the debt ceiling, while putting in place a rule prioritizing spending so that the US wouldn't default on its debt when the ceiling is hit.
I spoke with him on this fiscal measure and what the country needs to do before Uncle Sam drives off the fiscal cliff.
Apple shareholders got a shock Monday.
While the U.S. markets were closed for the Martin Luther King Jr. holiday, Steve Jobs sent a letter to his employees saying he was taking a medical leave of absence but was still retaining his title of CEO. Chief Operating Officer Tim Cook would again be responsible for the day to day activities.
His leave begs the question again of transparency and disclosure. Just how much should the company disclose to its shareholders on their CEOs health and when does disclosing too much breach Jobs' privacy? I decided to ask Bruce Weinstein, BusinessWeek.com's Ethics Columnist those questions.
What exactly is the balance of supranational versus national monetary policy in the Eurozone?
It's an excellent question: And, if the ongoing policy parsing over Ireland is any indications, it's an issue that's far from closed.
The best evidence that we're headed for a double-dip in housing is the quality of the mortgages during the recent period in which the housing market seemed to improve in many areas.
In the Freddie Mac review of Citigroup’s performing loans that I mentioned earlier today, the portion rated as “Not Acceptable Quality” was as high as 32 percent in the fourth quarter of 2009. While this has obvious implications for the repurchase or "put-back" liability of Citigroup , it also has broader implications for the housing market and the economy.
While the news that Goldman Sachs is restricting its Facebook investment fund to investors outside the US is already prompting cries that US securities regulations have become perverse, the media seem to be missing an important part of this story. It seems fairly likely that Goldman has discovered—or fears the government will discover—that the news of the proposed $1.5 billion Facebook fund came from within Goldman Sachs itself.
Andrew Ross Sorkin, who broke the news of Goldman's investment and fund with Susan Craig, explains why Goldman now believes it must restrict its offering to non-US investors:
Smallpox is the only disease in human history to be eradicated through vaccination. So why on earth would anyone want to maintain disease stocks of the horrible virus in laboratories? In a word: Bioterrorism.
The assumption that big banks stopped selling defective mortgages to Fannie Mae and Freddie Mac after the housing bubble burst is wrong.
That's the clear message from a study by Freddie Mac of hundreds of mortgages sold to the government-owned mortgage giant in 2009 and 2010.
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.
The Fed will issue in the first quarter of next year new rules for financial holding companies in the physical commodities markets.
Private equity billionaire Wilbur Ross says he'd advise individual investors to be cautious.
Rohit Bansal and Jason Gross had been friends for years, both having worked at the N.Y. Fed. Now both are out of jobs.