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The Economy Almost Always Does Worse During A President's Second Term
The economic performance of American presidents tends to deteriorate during their second termTHE economic auguries for Barack Obama’s second term are not good. By comparing the changes across eight...
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Eric Cantor's Priceless Reaction To Obama's Inaugural Poem
House Majority Leader Eric Cantor was not impressed by inaugural poet Richard Blanco's reading during President Barack Obama's inauguration ceremony Monday. Here's a picture of Cantor's reaction,...
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Al Roker Was Really, Really Stoked About Shaking Hands With Joe Biden
Al Roker looks like he's having the time of his life at the Inauguration Day parade in Washington. First, the NBC weatherman managed to score the first post-inauguration "interview" with President...
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Obama's Speech Today Was A Devastating Blow To Deficit Hawks
Obama used his second Inaugural Address today to spell out his big ideas for his second term.He hit on some big liberal ideas: Gay rights, gun control, climate change, and immigration.The real...
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Davos Has Turned Tweeting Into A Competition, And People On Twitter Are...
Nouriel RoubiniTweeted that he made it to No. 3 spot on the World Economic Forum's Twitter board and then a bunch of people turned up the snark on the economist.From @EpicureanDeal: From WSJ's Charles...
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5 Reasons Why The Case Against California's Housing Rebound Is Ludicrous
Despite our best efforts to explain otherwise, some bears still believe California's housing rebound is a mirage.John Burns, a Southern California-based real estate guru, says anyone still holding onto...
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DAVID BIANCO: 'Significant Sequestration Is Good For Stocks'
One of the big unresolved issues of the fiscal cliff is the sequester, or the massive spending programs that were supposed to expire automatically at the end of the 2012.America's defense contractors...
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Job Cuts To Hit Barclays This Week
More layoffs on Wall Street this week — this time at Barclays, says eFinancialCareers.Last week 1600 people were laid off at Morgan Stanley in the first wave of 2013 cuts. This isn't too surprising as...
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Richard Koo Answers The Most Critical Question About The Western Economies:...
In his latest research note, Nomura Chief Economist Richard Koo– who pioneered the concept of "balance-sheet recession" – says he feels the need to respond to those who are saying that the age of...
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FINANCIAL ADVISOR INSIGHTS: Gary Shilling Recommends One Asset Class For...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Gary Shilling: Cash Is A Good Bet For The Conservative Investor (The Globe And...
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STOCKS CLIMB AGAIN: Here's What You Need To Know (DIA, SPY, QQQ)
Stocks barely budged. But they continue to sit at their highest level in years.First the scoreboard:Dow: 13,712, +62.5, +0.4 percentS&P 500: 1,492, +6.5, +0.4 percentNASDAQ: 3,143, +8.4, +0.2...
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Tailor Explains The Biggest Mistake Men Make When Buying A Suit
A tailor recently told us the biggest mistake men make when buying a suit. "They don't do enough research," said McGregor Madden, a trained tailor who founded men's apparel businesses ProperSuit.com...
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IBM Beats Earnings And Sales Estimates, Issues Robust 2013 Guidance (IBM)
UPDATE: IBM's Q4 2012 earnings report is out.Click here to refresh for LIVE updates >The company reported earnings of $5.39 per share versus estimates of $5.25.The company also beat expectations on...
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Rail Giants CSX And Norfolk Southern Both Beat Expectations (CSX, NSC)
Rail giant CSX announced Q4 earnings of $0.43 per share, which is higher than the $0.39 per share expected.Norfolk Southern also announced earnings better than expected. Earnings came in at $1.30 per...
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ALERT: The Infamous Paul Tudor Jones 'Trader' Documentary Is Online Again
Months ago, the infamous Paul Tudor Jones 'Trader' documentary resurfaced, only to disappear back into the depths internet again.So if you missed it then, grab it now from dailymotion before it's too...
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The Bulls Got A Bunch Of New Reasons To Be Excited Tonight (GOOG, IBM, CSX,...
We've been talking about how suddenly everyone is getting crazy bullish, in part because nobody can come up with anything to be worried about.Tonight is only going to exacerbate that.Just tonight, we...
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Trulia CEO: 'We're Seeing Accelerating Growth In The Housing Market' (TRLA)
Trulia CEO recently stopped by Business Insider and gave us his housing outlook for 2013. He also told us about his company's recently-launched mortgage center.Trulia has set up relationships with big...
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11 Members Of Eurozone Agree To Implement The ‘Robin Hood Tax’
Eleven members of the Eurozone have finally agreed to adopt a financial transaction tax often referred to as a ‘Robin Hood tax’ first discussed in September 2011.The tax will apply at the rate of 0.1...
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The Media Is Misreporting The Housing Turnaround Story
Imagine that your financial advisor called you up one day and said:"Great news...your investment portfolio gained 1% in January which is an annualized return of 12%. However, we have to subtract .05%...
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30 Years Ago, The Qatari Capital Doha Looked Completely Different
We recently took you on a tour of pre-gangbusters Macau.Today, we're going to visit Doha from back in the day. With his permission, we've put together some amazing snapshots taken by a fellow who...
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