The True Story Of The Time JP Morgan Saved America From Default By Using An...
By now you've probably heard the Treasury say they will not be minting a $1 trillion coin to help the U.S. avoid the debt ceiling.But the federal government exploiting obscure loopholes under moments...
View ArticleOnce Again, Investors Are Saying Europe Is The Biggest Risk To The Markets
The fiscal cliff has taken top billing in the "main risks" sections of investment forecasts and economic outlooks for the past several months as markets awaited the December 31 showdown over spending...
View ArticleAaron Swartz's Death Is A Tragedy -- And There Are Some Questions That Need...
I didn't know anything about Aaron Swartz until he killed himself two days ago.Since then, thanks to the outpouring of emotion over his death, I've learned a lot.I've learned enough to know that...
View Article3 Ways Data Is Used For Evil
Every year, legendary NYU finance professor Aswath Damodaran compiles, analyzes, and then publishes a tremendous amount of global securities data on his website.Data is always up for interpretation.And...
View ArticleObama Really Wishes He Never Gave This Speech About The Debt Ceiling
Earlier today, President Barack Obama spoke about the urgency of raising the debt ceiling at a his final first-term White House press conference.Midway through, Major Garrett of CBS reminded the...
View ArticleA US Default Would Be The Financial Equivalent Of This Painting Of Hell
Earlier today, President Barack Obama almost dared Republicans to not increase the nation's borrowing limit in a White House press conference."If Congressional Republicans refuse to pay America’s bills...
View ArticleFINANCIAL ADVISOR INSIGHTS: The Revenge Of John Bogle Continues Apace (SPY, DIA)
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Barry Ritholtz - The 10 Most Significant Trends For 2013 (The Washington...
View ArticleCHART OF THE DAY: The Moment Investors Stopped Freaking Out About A Eurozone...
The word of the day is "crexit," which was coined by Allianz Chief Economist Michael Heise. This is the idea that Greek will exit from its economic crisis this year.However, many point to a speech...
View ArticleThere Is A Crafty Plan In London That Would See Bankers Pay Lower Taxes On...
Goldman Sachs has a crafty, though controversial scheme, to wait until April before paying out bonuses in the UK, the Financial Times reports.The delay is a plan to lower the amount of taxes payed to...
View ArticleWhat A Deal To Take Dell Private Could Look Like
Now that the Street knows that Dell Computers is considering taking itself private, it's time to consider what a big deal like that could look like.Bloomberg broke the news that the struggling hardware...
View ArticleHere's The Presentation That'll Have You Convinced Stocks Will Go Sideways...
Stock prices have more than doubled since their lows of March 2009.But when you look at the stock market since 2000, prices have effectively gone nowhere.And Vitaliy Katsenelson, author of The Little...
View ArticleSTOCKS GO NOWHERE AGAIN AS DEBT CEILING FIGHT HEATS UP: Here's What You Need...
The markets didn't move much. But trouble may be brewing as the U.S. inches closer to its debt ceiling.First the scoreboard:Dow: 13,507, +18.8, +0.1 percentS&P 500: 1,470, -1.3, -0.0...
View ArticleOnline Startup Plans To Create 'Ivy Caliber' Education For Half The Price
There's a massive problem in higher education. The number of people qualified to attend the world's best universities who don't get the chance to do so is growing. At the same time, the cost of...
View ArticleBen Bernanke Takes Questions On Fed Policy From Twitter At The University Of...
Ben Bernanke gave a speech Monday afternoon at the University of Michigan's Ford School of Public Policy, followed by a Q&A.In addition to questions from the audience, Bernanke took questions from...
View ArticleLululemon Shares Are Tumbling (LULU)
Shares of yoga pants-maker Lululemon are down 7 percent in after-hours trading.The company just published revised financial guidance, which is disappointing investors.From the press release:For the...
View ArticleJPMorgan Receives Cease-And-Desist Order From Fed To Fix Its CIO Following...
JPMorgan Chase received a cease-and-desist order from the Fed to take corrective action in its chief investment office following the "London Whale" trade.The bank also received an order to enhance its...
View ArticleTim Geithner Sends Letter To Congressional Leaders About Timing And...
Just out....Tim Geithner has sent a letter to John Boehner and other Congressional leaders about raising the debt ceiling.Current timing is for the Treasury to run out of room to maneuver between...
View ArticleKOFI ANNAN: There's A Huge Market Of Eager Consumers That Most Companies Ignore
Retailers are missing out on a key demographic and trillions of dollars by not catering more to Third World countries, according to Nobel Prize-winning diplomat Kofi Annan. "People at the bottom...
View ArticleHUSSMAN: The Current Syndrome Of Market Conditions Has A Long History Of...
Stocks are near their 5-year highs.However, fund manager John Hussman warns that the current market conditions have a history of being unfriendly to stocks.From his latest Weekly Market Comment:Last...
View ArticleToday's Most Important Debt Ceiling News Is What Obama And Geithner Didn't Say
Both Obama and Geithner chimed in on the debt ceiling today.Obama gave a press conference.Geithner sent a letter to Congress.The most important part of Geithner's letter (which built upon what Obama...
View Article