The Economist's Most Popular Cover Of 2012
This morning (EST), The Economist tweeted out its most popular cover of 2012. No surprise, it has to do with Europe, one of the hottest topics of the year. And no, it's not the controversial French...
View ArticleNew York Magazine Chose A $15 Steak As NYC's Best In 2012
When it comes to knowing what's going on in New York City's culinary space, New York Magazine is second to none.That's why we've been waiting with bated breath for its "Best of 2012" round-up, and we...
View ArticleTwo Reporters Say The Fiscal Cliff Negotiations Are Going Badly
Today is the day that Harry Reid and Mitch McConnell are supposed to be negotiating a deal on the Fiscal Cliff.Two of the top reporters covering the Fiscal Cliff, John Harwood of CNBC and Ben White Of...
View ArticleWill Millionaires Start Dying Faster Because Of The Fiscal Cliff?
Because the "fiscal cliff" will not stop for death, it looks as if death's carriage may make a "kindly" stop to pick up some American millionaires this year, to paraphrase Emily Dickinson.In 2010,...
View ArticleThe 10 Best Performing Stocks Of 2012
The stock market had a pretty good year in 2012: the S&P 500, for all of investors' macro concerns, was up around 11.7 percent.One of the biggest stories in the market was the homebuilding sector....
View ArticleFORMER ROMNEY ECONOMIC ADVISOR: Yes, Middle Class Tax Rates Might Have To Be...
Former Mitt Romney economic advisor Greg Mankiw admits something that he probably would never have said during the campaign: Middle class tax rates can't be set in stone. They might have to rise,...
View ArticleWoman Arrested For Pushing Man In Front Of Subway Accused Of Hate Crime —...
A woman has confessed to pushing a man in front of the 7 train Thursday night.Erika Menendez, 31, has been charged with second-degree murder as a hate crime after she was arrested early Saturday...
View ArticleVenezuela's Inflation Rate Hit 19.9%
* Price controls helped keep inflation in check* Currency devaluation seen spurring inflation in 2013CARACAS, Dec 29 (Reuters) - Venezuelan inflation reached 19.9 percent in 2012, the central bank said...
View ArticleThings That Might Happen In 2013
The following are my thoughts about things that might happen in 2013. This (Link) takes you to a discussion of my forecasts for 2012. I got a number of things right, and some important things...
View ArticleJIM O'NEILL: The Markets Will Be Okay Without An Immediate Fiscal Cliff Deal
The fiscal cliff is right around the corner, and we still have no deal.But it may be an exaggeration to say that the economy is doomed if we "go over" the cliff without a deal.Jim O'Neill, Chairman of...
View ArticleWe Need More Female Investors
Women are gaining financial independence to an unprecedented degree — they now make up the majority of college graduates, are nearly half of the labor force and are becoming the primary earners in many...
View ArticleFISCAL CLIFF IMPASSE: No Vote Tonight, Senate To Reconvene At 11 AM Tomorrow
With just over 24 hours to go until the fiscal cliff deadline, Senate negotiators are still scrambling to come up with a last-minute deal to prevent the huge tax hikes and budget cuts scheduled to go...
View ArticleGOP Backtracks On 'Poison Pill' That Could Have Torpedoed Fiscal Cliff Talks
UPDATE:According to NYT's Jonathan Weisman, the GOP has pulled its previous proposal for a Chained CPI.See a fuller explainer below.Earlier: As you can see in our Fiscal Cliff liveblog the negotiations...
View ArticleNew York Politician Urges Voters To Block Opponent Because Of His Race And...
The race and/or religion of political candidates often plays a role in elections, but it is rarely invoked explicitly as a reason to vote for or against someone.In a New York City city council race,...
View ArticleIt Should Be Clear Now Why The 'Boehner Rule' Is Such A Terrible Idea
The GOP's insistence on using the debt ceiling as "leverage" is deeply irresponsible.But politics and philosophy aside, let's quickly examine the practicality of the GOP's stance in these...
View ArticleTonight We Saw Why It's Basically Impossible To Cut Entitlements
The sub-sub-plot of the day was the story that the GOP had proposed attaching a Chained CPI requirement to a fiscal cliff deal. Basically, this means that the annual cost-of-living adjustment in Social...
View ArticleINTEL'S BUSINESS PLAN FROM 1968: In Case You Needed Proof That Execution Is...
Intel is a global mega-corporation with $50+ billion in revenue, 100,000 employees, and a $100 billion market cap.It has been a fixture of the tech industry for so long that it seems as though it has...
View ArticleAfter Failure To Get A Fiscal Cliff Deal, Stock Futures Are... Up
Heh. Another day with no deal.No worries. Stock futures are higher. At least for now, noo post-TARP deal-inducing crash.From Bloomberg:Please follow Money Game on Twitter and Facebook.Join the...
View ArticleANALYST: Here's Why There's STILL A 2-1 Chance Of A Fiscal Cliff Deal Before...
The Senate has wrapped up its session for the evening without a vote on the Fiscal Cliff.It will reconvene at 11 AM tomorrow, just 13 hours before we hit the Fiscal Cliff, when taxes are scheduled to...
View ArticleCHINESE PMI RISES TO 51.5
UPDATE: In one of the last big datapoints of the year, Chinese HSBCPMI rose to 51.5. from 50.5.You can download the report here.After adjusting for seasonal factors, the HSBC Purchasing Managers’...
View Article