From a bird’s eye view of recent headlines, it seems an awful lot of people are focused on beating Meredith Whitney’s dire 2010 forecasts for the municipal bond market. In a recent commentary, “Time’s Up Meredith Whitney, Muni Prediction Was Wrong,” CNBC’s Gary Kaminsky dismissed Whitney’s predictions as the “prognostications […]
Other News
What if… ?
What if Democrats and Republicans could come together to present as united a front on solving the country’s economic problems as they have, for all intents and purposes, on foreign policy? If you recall, when Barack Obama defeated Republican John McCain for the presidency back in 2008, one of the […]
Separate But Equal?
In a op-ed last week in the Times, columnist Joe Nocera, in an article titled “Why We Need For-Profit Colleges,” comes to the defense of the embattled institutions, which have been increasingly up in arms since Secretary of Education Arne Duncan announced in June new steps to protect students from what the department […]
What Answer Would Our Founding Fathers Choose?
In an August op-ed entitled “What is the stock market telling us?” in the Washington Post, Liaquat Ahamed writes: When the stock market zigs and zags its way to a 12 percent loss in three weeks, wiping out $2.5 trillion in wealth, it is clearly sending a message. But what, […]
The bigger they are…
You know what they say about things that sound too good to be true: they probably are. In recent days, the trouble experienced by many in the economy, from the average American to institutional investors, can best be seen in the persistent drubbings being taken by many large cap stocks, […]
Wired to Hire
View Top 10 Cities for Online Freelancers – By Earnings in a larger map Alex Rolek, recently unemployed, took his interest in sophisticated technology and turned it into a new career online. After graduating from University of Boulder-Colorado, he started his first “real-world” job at a Las Vegas land development […]
Men Find A New Fit In Retail
Ouigi Theodore sat on a green metal-studded leather chair in the corner of his flagship retail store, balancing the tasks of dressing impeccably, watching his BlackBerry phone for messages and overseeing the rest of the ongoings in the shop. “I started this business to sell t-shirt designs,” said Theodore. “Now […]
Japan Crisis Has Minor Impact on U.S. Economy
The crisis in Japan has had a major impact on its economy but a minor one elsewhere, underscoring the country’s slipping prominence in the global economy. The earthquake, tsunami and ensuing nuclear crisis that plagued the northeastern coast of Japan have caused immeasurable human toll. Early predictions of its economic […]
Strength of Luxury Item Sales Fuel Future Economic Growth
Having thoughts of splurging on a new Coach bag for the spring? Picturing yourself with the new white iPhone 4? Well you’re not the only one. The sales of high-end luxury items have increased over the past few months, a sign that further economic growth is not far behind. A […]
Leave the Hybrid, Take the Electric Motor
As auto makers worldwide ramp up efforts to promote new and improved electric models, some engineers are spreading a less expensive message: with a little expertise, or at least the help of an expert, you can turn your own gas-fueled car into an electric vehicle. In a course on electric […]