U.S. stocks fell, limiting the biggest quarterly advance for the Standard & Poor’s 500 Index since 1998, after consumer confidence unexpectedly slid and delinquencies... Read »
Freddie Mac’s board has made Charles E. “Ed” Haldeman Jr. its prime candidate for chief executive officer of the government-backed mortgage company,... Read »
China’s official purchasing managers’ index (PMI) for June rose to 53.2 from 53.1 in May, showing that the country’s economic recovery is on more... Read »
More VAT Trial Balloons
Roger Altman, a former Clinton administration Treasury official, is another in a growing list of Democrats who are helping set the stage for a major tax increase... Read »
Warren Buffett Down vs S&P as the First Half of the Year Comes to a Close
There’s still a lot of time left in the game but so far Warren Buffett’s Berkshire Hathaway class A shares are down 6.8 % over the last six months... Read »
Opening the Bank Vault to Private Equity
This is one that I just don’t get. The FDIC says it’s going to issue new guidelines for the purchase of failed banks by private equity companies while the newly... Read »
Japanese business confidence pulled back from a record low hit three months ago, the Bank of Japan’s tankan survey showed, in the first rise in two and a half... Read »
U.S. investigators say 10 or more people associated with Bernie Madoff could face criminal charges in the coming months, a law enforcement source said on Tuesday.... Read »
Content: Free vs Freely Distributed
With the publication of Chris Anderson’s new book Free, the discussion about the role of free, today and in the future has expanded. Articles from Malcom Gladwell... Read »
AIG got a new slate of government-backed directors at a subdued annual meeting on Tuesday, effectively revamping its board after the insurer’s $180 billion... Read »
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