Bankruptcy laws are pretty quirky. And because they are, here's a little tidbit you might not know: A little dealership in Harlem, NY will…
Online travel sites are getting rid of their booking fees. Today, Orbitz said it has permanently removed fees for all domestic and international…
I just find this story charming. A British man made $8,191 today by winning a bet. He didn't bet on horse racing or poker or blackjack. No, this…
The Chinese have a proverb: With money you are a dragon; with no money, a worm. In other words, money equals power. But in today's context, it…
After 101 years in business, GM filed for bankruptcy this morning, saying it will close or idle 12 plants. GM's stock is so worthless (50 cents)…
Time once again for my weekly podcast, After the Bell, where I try to make sense of what happened in business and the economy. As I thought about…
Yesterday, I mentioned how the bond market was affecting the stock market. Well, of course, it also affects the housing market. This week,…
Like all car companies, Mitsubishi is staying up nights trying to figure out how to actually sell cars. In New Zealand, Mitsubishi has come up…
In one word, how are you feeling about the economy today? I ask because the New York Times has a new feature which allows you to enter one word…
Let's start with a small piece of good news. The economy's performance in the first quarter wasn't as bad as first estimated. GDP fell at a 5.7%…
