The nation's housing sector took yet another blow this morning as the most recent data on new home sales further revealed to the Street what it already knows--the bottom in housing is nowhere in...
Last Tuesday I told you about my boldest prediction in international financial tectonics yet--that Persian Gulf countries and their sovereign wealth funds would soon change the face of Wall Street...
Well, after a whole two weeks of reading the tea leaves and the chicken entrails, the Bernanke Fed finally showed its true colors. Choosing between a roast pig (the economy) and a cooked goose (the...
Besides adding words like manbag (a male handbag), yummy mummy (an attractive mother), garburator (a garbage disposal), and removing over 16,000 hyphens from words like fig-leaf and leap-frog, the...
When it comes to the media blitz, not many can match the whirlwind tour currently being put on by the Former Fed Chairman Alan Greenspan. In many ways it is "The Maestro" at his finest.
Before I get started, I have to get something off my chest. Something I've been telling everyone I run into since I poured my first cup: The coffee at the Loews Hotel in Philadelphia is the best in...
Something big is brewing along the Persian Gulf, and it's not what you might expect. Is Iran going to bomb us? Not likely. Will Iraqis beat their swords into plowshares in 2008? Ha. This past...
Of all places it was the garage where it was born. There, some 60 years ago, college pals Bill Hewlett and Dave Packard founded the firm that would later bear their name: Hewlett-Packard.
Earlier this year I wrote about the $300 billion-per-year international remittance industry, the channel by which the bulk of some countries' gross national product is generated. How will new...
Like any party that went on about five hours after it should have ended, the mortgage mess has delivered up yet another story that you just couldn't make up, even if you tried.
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