Live In A Gorgeous 5-Bedroom Fifth Avenue Maisonette Across From The Met For...
Anyone on Wall Street have $22 million lying around to buy this swanky Fifth Avenue apartment? Located just across the street from the Metropolitan Museum of Art, this historic 998 Fifth Avenue...
View ArticleBIRINYI: We Could Soon See The S&P 500 At 1700
Yesterday, we pointed out that 1995 was the last time stocks started a year without a 1 percent decline or worse on a single trading day. That year, stocks surged 34 percent. Stock market guru Laszlo...
View ArticleOccupy Wall Street Wants To Reboot Our Credit Reporting System
The Alternative Banking group of Occupy Wall Street is looking to Richard Cordray, director of Consumer Financial Protection Bureau, to revamp our credit scoring system. In a letter sent last week,...
View ArticleThis Was A Very Strange Day For Economic News
It was a pretty weird day for data today. To start, a fair amount was lousy. Construction spending for January unexpectedly contracted by 0.1%. February ISM missed badly, and fell from the month...
View ArticleEven After A Huge Backlash, Banks Are Quietly Pursuing New Fees
NEW YORK (AP) — Big banks, facing declining revenues and a regulatory climate that leaves them fewer creative ways to make money, are quietly introducing or experimenting with fees that are sure to...
View ArticleHere Are The Key Market Moving Events For Friday, March 2, 2012
Friday completes a busy week and the market will not have much news to digest. There are no major earnings announcements scheduled for the day. Here's what you need to know. Japan starts the day off...
View ArticleInvestors Are Still Worried That Stocks Could Crash
Despite the improving economic data and notable rally in the stock markets, investors still aren't completely convinced that we'll be able to dodge a stock market crash within the next few months....
View ArticleIt's Time To Call BS On ECRI's Recession Prediction
Last Friday ECRI spokesman Lakshman Achuthan appeared on CNBC, CNN and Bloomberg television to defend his firm's 5 month old recession call. In the face of almost universal agreement that economic...
View ArticleTribunal Rules Against The Credit Suisse Trader Who Said He Was Fired Because...
An old dispute involving an former Credit Suisse trader claiming the Swiss bank dismissed him unfairly has finally been resolved in London—in the bank's favor, The Telegraph reported. Asif Mohamedali,...
View ArticleHere's Another Sign That Market Enthusiasm Might Be Over
Analysts have waxed enthusiastic about the recent rally in the stock markets and economic data from the US, Europe, and China that has repeatedly beat expectations. Morgan Stanley analysts provide a...
View ArticleBlogger Invents Beautiful New Genre Of Stock Market Analysis
Erik Swarts is the author of the blog Market Anthropology, which analyzes the stock market through original, long-term charts, often drawing on long history to find parallels to the current...
View ArticleIllinois Will Loan You $10,000 If You Buy A Vacant House In A Foreclosure-Hit...
The Illinois Housing Development Authority announced Thursday that it was ready to begin offering up to $10,000 in down payment assistance to eligible home buyers who purchase vacant properties in six...
View ArticleCHART OF THE DAY: This Is The Trend That Could Asphyxiate The Housing Recovery
There have been hints and starts of a housing recovery, but each time it looks like things are getting cranking again, it seems the football gets removed. This week, Goldman Sachs pushed back its...
View ArticleHOUSE OF THE DAY: David Stockman Is Selling His Greenwich Mansion For $19.75...
Former Congressman and Reagan budget director David Stockman and his wife have listed their Greenwich, Conn. home for $19.75 million, according to Blockshopper. Stockman was a representative for the...
View ArticleThe Greek CDS Scam Will Have Dire Consequences For Europe
One of the biggest frauds of the past few years took place yesterday. The International Swaps and Derivatives Association (ISDA) confirmed that no “event of default” has occurred with the Greek debt...
View ArticleRich New York Woman Accused Of Keeping Immigrant Slave For Over 5 Years
A criminal complaint filed this week against a wealthy New York woman alleges that she kept an undocumented immigrant as a house worker for years, paying her just 85 cents an hour for nearly constant...
View ArticleREPORT: Obama Could Try A Bombshell Middle-Class Tax Hike After The 2012...
Think Obama is a wild-eyed liberal with a passion for deficit spending? Think again. In a new column at The Daily Beast, writer Noam Scheiber (author of the brand new book Escape Artists) reveals that...
View ArticleSTOCKS FALL: Here's What You Need To Know (DIA, SPY, QQQ, YELP, WYNN)
It couldn't have been a quieter day. First, the scoreboard: Dow: 12,977.5, -2.7, -0.0%S&P 500: 1,368.3, -5.7, -0.4%NASDAQ: 2,976.1, -12.7, -0.4% And now, the top stories: We have yet to see a...
View ArticleREPORT: Citigroup To Name Michael O'Neill Its Next Chairman
The Wall Street Journal is reporting that Citigroup will elect Michael O'Neill, the current chair of Citibank North America, as the bank holding company's next chairman to replace current chair Dick...
View Article21 Things You Need To Know About Vladimir Putin
Vladimir Putin has been at the center of Russian life over a decade. But what do we really know about Putin, an ex-KGB spy who has had a murky rise to power and has been accused of huge crimes? As...
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