Marketplace®

Daily business news and economic stories
  • Hardly an hour goes by without another "wow" moment with the banks. I've got two of them for you. First of all, the Citigroup getting out of TARP…

  • They sound like names from Gulliver's Travels, but no, we're talking economic philosophy here. We probably need to rent a university auditorium…

  • Dec 17, 2009

    Morning Reading

    Good morning. Here are a few things that have caught my attention so far:…

  • Dec 17, 2009

    Getting sacked

    Imagine losing your job right before Christmas. Or put another way, just before the end of the season. Not the holiday season, the football…

  • It turns out the government is providing yet another assist to its problem child bank. An IRS exception will allow Citi to potentially benefit…

  • Dec 16, 2009

    Fancy Pants Ben

    A fact I learned about Fed Chairman Ben Bernanke this morning: In school, he played saxophone in a four-man band called Fancy Pants. The band…

  • Dec 16, 2009

    Morning Reading

    Good morning. We'll get the day started with these items, ranging from Tiger to ravioli to free coffee:…

  • Today, a company called FaithShares launched two new religion-based Exchange Traded Funds that will invest in Wall Street companies. An ETF is…

  • Interest rates are so low, they should be put on a slide and shipped off to a lab. The yield on one-month Treasury bills is 0.000%. That means…

  • There's no shortage of anti-Wall Street sentiment out there. Let's give it a rest for a moment and navel gaze. Perhaps it's not entirely accurate…