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Billionaire Steven Cohen buys a Picasso: Vanity or investment?
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Mar 28, 2013
Hedge fund billionaire Steven Cohen has just bought himself another painting -- this time a Picasso -- for $155 million.
Wealth effect: Has the Dow high restored yours?
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Mar 5, 2013
The recession and stock market collapsed cost Americans 40 percent of their net worth. Now that the Dow is back, how much wealth has been recovered?
GDP drops 0.1 percent but other economic indicators continue to rise
Interview by
Jan 30, 2013
A Commerce Department report out today shows that GDP fell 0.1 percent last quarter, but consumer spending, business investment and employment continue to rise.
Oakland landlords pay it forward
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Jan 25, 2013
One of the reasons prices are going up in many U.S. neighborhoods is because investors are buying houses, sprucing them up and then renting them out. Landlords like these don't have a great image. But in Oakland, Calif., they can be an enormous force for change and good.
California teacher pension fund to sell gun investments
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Jan 10, 2013
Can a divestment strategy have an impact on public policy?
Suspicion of Chinese intentions could hurt aviation investments
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Nov 21, 2012
U.S. criticism of Chinese investment in key technology sectors such as aviation could cost the U.S. opportunities, say experts.
Tracking a dollar around the world
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Jun 15, 2012
Would you investigate the trajectory of a single dollar bill? Let me explain. So you go to the store and buy things, then you pay with a $100 bill. What happens to that note? In a nutshell, my question is: What is the route that a single bill takes? How does it circulate? How far can it travel? Homero, Sacramento, CA
The hazards of active trading
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May 7, 2012
If watched closely, is it wise to jump between aggressive stock funds and bond funds during market runs such as the bull run so far this year? The year-to-date return is 18 percent for my strategy. My Fidelity account has rules regarding moving between funds, so I have to navigate those rules also. Marty, Cincinnati, OH
Financial innovation and social lending
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Apr 16, 2012
Peer-to-peer lending, also called social lending, is bringing together online individual lenders and individual borrowers for a fee. They cut out banks and other mainstream lenders. The innovation appears to be working.
Homes and the demographics of aging
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Apr 5, 2012
Housing an Aging Population: Are We Prepared?








