After just a few months on the job, GM CEO Fritz Henderson resigned today. It's not clear why. We just know he'll be replaced by a man who has…
Maybe you've heard this Wall Street joke: "Dubai, Mumbai, Shanghai or goodbye." Once upon a time, troubled American investment banks that needed…
Last week's post on taxing Wall Street trades prompted a heated discussion about the value (or lack of value) of certain Wall Street activities. …
Good morning. Hope you had an enjoyable holiday. Among our starter topics today — Dubai, Scottish beer and ridiculousness at Wal-Mart….
It's hard to be optimistic, considering the country's economic plight. But Americans are, by nature, optimistic people. At no time is that more…
If you watch the Macy's Thanksgiving Day Parade, one thing you will not see is an ad in which a little girl talks about burnt feathers and turkey…
Perhaps you heard on the Marketplace Morning report this proposal to tax Wall Street transactions. The revenues would go toward deficit reduction…
Good morning. Here's what has caught my eye so far today:…
It's coming at some point. The checkbook will be tossed onto the dustbin of history, as debit cards and who knows what else take over. The…
A jaw-dropping statistic out today: 1 in 4 homeowners now owes more on their mortgage than the house is worth. Being under water on a home must…