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Markets Continue To Rally
Dow now up 70.Fiscal Cliff freakout on pause.Obama set to speak in 30 minutes.From Yahoo Finance:Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
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Victoria's Secret Model Karlie Kloss Is Reportedly Dating Tech Investor...
Karlie Kloss just walked in the Victoria's Secret show the other night. Now, there are reports the 20-year-old is dating 27-year-old financier Joshua Kushner. Kushner has a connection to the Trumps:...
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Why You Haven't Heard From Leon Cooperman Following Obama's Re-Election
You might be wondering why billionaire hedge fund manager Leon Cooperman, who runs Omega Advisors, has been mum following Obama's re-election. It turns out, Cooperman, who has been a very vocal critic...
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OBAMA: 'I've Got The Pen, Ready To Sign The Bill, Right Away'
We've already heard from House Speaker John Boehner twice in the past three days on the looming fiscal cliff. Now it's President Barack Obama's turn.UPDATE: Obama confirms he has invited leaders of...
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Jim Chanos Is Tired Of People Blaming Obama's Victory For The Market Sell Off
Obama still has a few strong supporters on Wall Street, and hedge fund manager and legendary short-seller Jim Chanos is definitely one of them.So in the past two days, as the market has sold off, he's...
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Here's What NYC's Subway Equipment Looks Like After Getting Brutalized By Sandy
Hurricane Sandy wreaked havoc on New York City's subway system.Pumping all that water out of the flooded East River tunnels was only the beginning. Subway equipment across lines everywhere have been...
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...And The Dow Goes Red
Following Obama's Fiscal Cliff speech, the market rally fades.Nothing too dramatic.Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
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Here's The Key Omission From Obama's Big Fiscal Cliff Speech
Both President Barack Obama and House Speaker John Boehner spoke today on the looming fiscal cliff. Not much has changed from the last round of negotiations, but there was a key omission from Obama's...
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Trend Forecaster Gerald Celente Sues Google To Block His Obscene Impostors
Noted trend forecaster Gerald Celente sued Google this week for allegedly letting bloggers use his image in vulgar postings.The blogs at issue have variations of Celente's name, including...
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Actually, There Is Post-Election Clarity In The Markets, But Investors Are...
There is some post-election clarity. Markets are presently ignoring it.“The Supreme Court of Monetary Policy” is the Federal Reserve of the United States. It has seven governors and twelve presidents....
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CHART OF THE DAY: US Crude Production Is Heading To A 20-Year High
U.S. crude production will reach 6.8 million bbl/d in 2013, the highest level of production since 1993, according to the latest EIA data.Production in 2012 has hit 6.3 million barrels per day (bbl/d),...
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These Emails Show How Manhattan Condo Owners Freak Out When They Lose Access...
Things are still really bad in flood-devastated parts New York City: water and electricity remain scarce, debris is still prevalent and there's lots of uncertainty about what, if any, financial relief...
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STOCKS RISE: Here's What You Need To Know (GRPN, SPY, DIA)
Today was all about the Fiscal Cliff.First the scoreboard:Dow: 12,815, +4.07, +0.03 percentS&P 500: 1,379, +2.34, +0.17 percentNASDAQ: 2,904, +9.29, +0.32 percentNow the top stories:The University...
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Knight Capital Discloses A Bunch Of Legal Issues From The Technical Glitch...
In August, market maker Knight Capital lost $440 million in half an hour when a new algorithm they had installed in their trading system fired off loads of errant trades.Now we know what kind of legal...
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Lockheed Ousts Incoming CEO Over Inappropriate Relationship (LMT)
Incoming Lockheed Martin CEO Christopher Kubasik has resigned after allegedly carrying on an inappropriate relationship with a subordinate employee, according to a company statement.He'd been...
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Ex-Citi CEO Pandit Will Receive $6.65 Million 'Incentive Award' (C)
Former Citi CEO Vikram Pandit will receive incentive awards totaling $6.65 million, according to an SEC form filed by the banking giant.Bloomberg's Dominic Chu says 60 percent is deferred while 40...
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The FBI Has Been Investigating Petraeus' Biographer (And Reported Mistress)...
CIA Director David Petraeus resigned over an extramarital affair, according to a letter he sent to CIA staff. The news was confirmed by Press Secretary Jay Carney in a briefing this afternoon.Slate's...
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Conservative News Site Alleges That Obama Delayed Petraeus Resignation Until...
In case you thought there was a chance that the startling resignation of General David Petraeus might not "go political," it already has.Citing an FBI source, conservative site Newsmax is reporting...
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A Message From Us Rich Plutocrats To All You Little People
This is a response to an excerpt from Chrystia Freeland’s Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else, published in October by Penguin Press. Nick Hanauer is a...
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UBS: 1000% Inflation Is Perfectly Acceptable...
One of the biggest fears in the economy is that inflation gets out of control and morphs into hyperinflation.But as with anything in the markets and the economy, expectations are key.In a recent note...
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