This is how beggar-thy-neighbor monetary policies work, and perhaps why they ultimately fail.» Read More
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.
College students are barely civilized barbarians who are fundamentally lacking in the basic skills required to succeed as human beings.
While black might be the fashion color of choice in New York, the well-heeld group at the World Economic Forum stuck to a more neutral palette of greys, camel and navy.
This is how beggar-thy-neighbor monetary policies work, and perhaps why they ultimately fail.
UBS has reacted to the financial market turbulence by freezing salaries for its investment bankers until at least mid year. The FT reports.
Janet Yellen is expected to attempt to balance raising interest rates against the risks of a weaker global economy.