Marketplace®

Daily business news and economic stories
  • Libyan rebels are in Tripoli, spurring hopes that Libya will start pumping oil again soon. But oil prices are up today. What's up with that? Man…

  • Where the good jobs are …

    Many American companies don't what you to know how many jobs they create (or destroy) here, compared to how many they create abroad. The Washing…

  • The gold-to-decent-suit ratio

    A "long-held rule in the marketplace" is that an ounce of gold, historically, has been able to buy a decent suit….

  • Fear and greed, that's what. The shiny stuff broke $1880 an ounce today, another record. That's making my Dad happy. He's been long gold a l…

  • Things are getting so tough for European banks that they're cutting back on the most minor expenses – including snack-time cookies in the office!…

  • Bank of America is restructuring. Cutting jobs, in other words. 3,500 this quarter, and many more to come – possibly as many as 10,000 by the end…

  • The debit card has been around since 1966, which means banks have had a lot of time to figure out new ways to charge you for using your own money…

  • This final note today. Ron Paul made a funny about the Republican presidential field today. Remember the other day we noted Texas governor Rick P…

  • The Financial Times reports that the European Central Bank has lent dollars to a eurozone bank for the first time since February in the latest sign…

  • Europe's problems are tanking bank stocks, as investors worry about a repeat of the 2008 financial crisis. Last time it was toxic mortgages that…

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