CITI: In A Parallel Universe Where Paul Krugman Is Fed Chairman...
What would Krugman do? Federal Reserve Chairman Ben Bernanke's most convincing critics are not arguing with the Fed's ultra-low interest rates, which have kept interest rates and bond yields at record...
View ArticleLook How Cheap Things Are In America Compared To Other Certain Countries
Deutsche Bank's Global Markets Research Team recently published a report that compares the prices of American goods and services to prices around the world. Generally speaking, developing countries...
View ArticleAPPLE vs. SAMSUNG: Who's The King Of Smartphones?
Apple and Samsung both reported blockbuster first quarters. Apple and Samsung are both now more cellphone companies than anything else (iPhones are more than 50% of Apple's revenue and cellphones are...
View ArticleA Quick Guide To Today's Big GDP Announcement
We'll get our first look at first quarter GDP growth today. 85 analysts polled by Bloomberg are expecting that growth will sink from 3 percent in the fourth quarter of 2011 to 2.5 percent in Q1, but...
View ArticleUS GDP MISSES EXPECTATIONS—GROWS 2.2%
It's out, and it's a miss on the headline number. Here are the key figures from the BEA: GDP Q/Q Growth: 2.2% versus 2.5% growth expected (annualized) Personal Consumption: 2.9% versus 2.3% growth...
View ArticleBloomberg Presents The Dietary Habits That Kill Wall Street Traders
This morning Bloomberg aired an adorable segment on what Wall Street traders eat reported by Stephanie Ruhle. As we here at Business Insider watched, we could only think one thing — if segment is true,...
View ArticleActually, GDP Just BEAT In All The Right Places
Headline Q1 GDP just came in at a disappointing 2.2 percent, missing analyst expectations. But a deeper look into the numbers reveals a major point. Federal government spending declined once again at...
View ArticleUS Futures Flatten On GDP Miss
Q1 GDP is out and it was a miss. GDP slowed to 2.2 percent from 3.0 percent in Q4. Economists were looking for 2.5 percent. Futures are moving ever so slightly. Dow futures are currently flat and...
View ArticleDEAR SAMSUNG: Google Screwed Up -- Time To Ditch Them And Go After Apple...
In the past year or so, there has been a remarkable sea-change in the global mobile landscape. A year ago, Google's Android platform was taking over the world, and it looked as it it might only be a...
View ArticleA Complete Breakdown Of US GDP Growth In One Simple Chart
The first reading on Q1 GDP just came out and the headline number was a miss. Growth decelerated to a pace of just 2.2 percent from 3.0 percent in Q4. Economists were looking for a 2.5 percent....
View ArticleA Romney-Supporting Billionaire Hedge Funder Has A Favor To Ask Of The Obama...
To prevent his hedge fund from suffering a possible huge loss, billionaire hedge fund manager and known Mitt Romney supporter Paul Singer has turned to the Obama administration for help. The loss at...
View ArticleYou Won't Believe The Crazy Amount Of Money Lehman's Top Trader Made Before...
We all know Lehman Brother's disgraced chief executive Dick Fuld and other top execs received massive paychecks before the bank's demise, but how about the other employees? DealBook's Peter Lattman,...
View ArticleBest Buy Is Either Gaining Market Share Or Holding In These Key Categories
Before you write off Best Buy as another dinosaur, check out how how dominant the retailer remains in some key categories. NPD analyst Stephen Baker observes: Best Buy is still the largest...
View ArticleWatch Bloomberg TV's Top Market Nerds Strut Their Stuff On The Catwalk To...
Yes, this happened. On In the Loop this morning, Bloomberg TV's resident market nerds Dominic Chu and Josh Lipton strutted their stuff on a makeshift catwalk to model Brunello Cucinelli sweaters. The...
View ArticleWatch Margaret Brennan Sign Off From Bloomberg TV Without Bursting Into Tears
Bloomberg anchor Margaret Brennan, who hosts 'In Business' everyday from 10 am to noon, to get investors into the trading day, just ended her last show. She's leaving the network to pursue other...
View ArticleT. BOONE PICKENS: Of Course We Should Build The Keystone Pipeline
Republicans have been blaming President Obama for high gas prices, and for failing to agree to the construction of the Keystone XL pipeline. Oil tycoon T Boone Pickens was on CNN saying the U.S. should...
View ArticleSTIGLITZ: 'Europe Is Headed To A Suicide'
Austerity measures are leading Europe on a disastrous path, Nobel-prize winning economist Joseph Stiglitz told a panel discussion in Vienna today. "I think Europe is headed to a suicide," he said,...
View ArticleHOWARD SCHULTZ: These Will Be The Next Billion Dollar Businesses For...
Starbucks chairman and CEO Howard Schultz revealed his aspirations for the new businesses Starbucks has been working on in the company's Q1 earnings call. There are two in particular that Schultz sees...
View ArticleHere Are 6 Stocks Making Monster Moves Today (EXPE, CRAY, AMZN, MXWL, DECK,...
The Dow, Nasdaq, and S&P are all currently up, with the Nasdaq leading the pack at +0.6%. A couple stocks are making some insane moves today. Winners: Expedia, Inc. (EXPE): Up 27.8% — Expedia is...
View Article13 Fascinating Things We Learned About Private Equity From Bloomberg's Huge...
Next week's issue of Bloomberg Businessweek will feature a story on private equity firm Monomoy Capital called 'My Week at Private Equity Boot Camp' and it's a monster — 5 pages of in depth access to...
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