The Institute for Supply Management-Chicago said Friday its business index decreased to 33.3 from 35.1 the prior month. Economists were expecting a less drastic... Read »
Perspective from the Spending Guru
The immensely popular TechCrunch blog features an outstanding guest column by the founder of Mint.com, Aaron Patzer. For those unfamiliar with Mint, it is a personal... Read »
Micro vs Macro
It’s been a bit of a weird month, hasn’t it? For Macro Man, the last couple of weeks have really dragged by (including the always-crushing error of mistaking... Read »
According to advance estimates released Friday by the Bureau of Economic Analysis, US real gross domestic product decreased at an annual rate of 3.8% in the 4Q of... Read »
Total compensation costs for civilian workers increased 0.5% from Sept-Dec 2008, seasonally adjusted, following three consecutive quarterly increases of 0.7%, the... Read »
Q4 GDP Tumbles, As Expected
Today’s report on last year’s fourth-quarter GDP wasn’t good. In fact, it was quite ugly. But it could have been a lot worse. Even so, the 3.8%... Read »
US researchers at Northwestern University in Chicago have for the first time reversed multiple sclerosis symptoms in early stage patients. A dose of their own stem... Read »
EUR/CHF on a Tear – The Swiss Are Going Crazy
The Swiss are going crazy because they can’t figure out what to do with their currency. Yesterday, EUR/CHF collapsed after SNB President Roth ruled out intervention.... Read »
Satyam Computer Services (SAY) said on Friday asset manager Fidelity Investments had raised its holding to 6.8%, potentially making it the second largest stakeholder.... Read »
Breaking Down Bernie Madoff – Part III
Curiousity got the best of me. So I started doing some searching on the electronic trading platform Bernie built. They called it Primex. Its an electronic auction... Read »






