The disasters are coming! The disasters are coming!
For more than two years, the European economy has see-sawed between potential collapse and stability.
The joke-writers can take the rest of the week off; Mayor Michael Bloomberg’s decision to crack down on the sale of oversized sweetened drinks has spawned enough one-liners to fill a week of late-night comedy.
Here's a sure-fire attention grabber if you ever happen to be in a bar where all the TVs are tuned to C-SPAN channel: Ask the patrons who won the 1916 Michigan GOP Presidential primary.
JPMorgan Chase’s CEO Jamie Dimon called concerns about a massive trading bet a “tempest in a teapot” last month.
The G-8 nations will be gathering here in the United States and — Wait! Don’t click over to the cute kittens or the latest pictures of Pippa’s calliypygian charms. This is important stuff! The economic storms still battering Europe, the coming political tensions with a socialist president in France and the continuing chaos in Greece, could all have a major impact on the U.S. economy and — not so incidentally — on the identity of the next American President.
A British parliamentary committee calls News Corporation's Rupert Murdoch "not a fit person to exercise the stewardship of a major international company.” Shareholders upset with Chesapeake Energy’s CEO Aubrey McClendon force him to give up his role as chairman of the board. And pay packages for bank executive are being challenged. It just might be the dawn of a new era of corporate accountability.
That noise you heard this week from one side of the Atlantic to the other is the outburst of schadenfreude that greeted a declaration from a British parliamentary committee that Rupert Murdoch was "not a fit person" to run a major international company like News Corporation.
May 1 is the deadline for millions of high school seniors to choose where they will go to college in the fall. To pay for it, many will take out thousands of dollars in student loans, only adding to the country’s more than $1 trillion in existing student debt. All this debt is having enormous consequences on economic growth. Could student loans be the next financial bubble?