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Daily business news and economic stories
  • I just read a very compelling interview with respected Harvard historian Niall Ferguson. Here's the interview by the Toronto Globe and Mail, and…

  • Feb 25, 2009

    Antidote spending

    The House started debate this morning on a $410 billion spending bill. A vote could come later today. Yes, this is $410 billion on top of the …

  • Wall Street sure doesn't think much of President Obama's speech last night. Not that I want to care what Wall Street thinks, but let's face it,…

  • Feb 25, 2009

    Mall Rats II

    I wrote a blog entry last week about the country's glut of shopping centers and how they're starting to empty out. Money-losing tenants are…

  • There's a lot of wheel-spinning when it comes to restructured loans. A bank regulator testified to Congress today that more than half of modified…

  • Feb 24, 2009

    Parting Gifts

    Scruples question of the day: If you get laid off, is it okay to take company information with you?…

  • As we watch the stock market sink to 1997 levels, this article in Wired Magazine should send chills down your spine. It says a formula created by…

  • There's a new musical here in LA that's set in the ummm… yeah… Great Depression. But it's fun. And a little naughty. "Minsky's" is about a…

  • Feb 24, 2009

    Your take on taxes

    Let's have it out on the President's budget plan. He wants to cut the deficit in half by the end of his term. Some of it is a deficit he…

  • The recession is forcing retailers to hone the science of separating you from your money….

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