Does selling magazines justify harming investors by writing irresponsible articles about the financial markets? Apparently, Business Week believes it does. At the end of each year, it shamelessly publishes its "Investment Outlook" for the following year. Unfortunately, this year is no exception.

In its "2010 Investment Outlook,"
...

The title is neither subtle nor catchy, but it has bank lobbyists quivering.

The "Let Wall Street Pay for the Restoration of Main Street Act of 2009." Otherwise known as H.R. 4191, it is a bill you'll hear more about in 2010. The idea is to tax the speculative...

As reported by the New York Times, Chase Bank asked millions of Facebook users to "decide what matters" by casting votes for their favorite organizations. Participation comes with a chance to win $25K and a shot at $1 million.

Chase ultimately rigged their own contest in hiding...

In Columbus Ohio, a 5-year-old girl jumped onto Santa's lap last month and asked if he could give her dad a job as an elf.

Mike Smith, who works the Santa station at the Polaris Fashion Place in Columbus, asked why, the Wall Street Journal reported. The...

Cross-posted from Harvard Business Online

I don't know about you, but to me, the holiday shopping process can be overwhelming. No matter what gift category you want to consider, there are dozens of physical and web-based channels to explore; and within each channel there are hundreds of potential...

From an economic standpoint, will 2010 be the year of the woman? As part of the Roosevelt Institute's ongoing 'Feminomics' series, running on the New Deal 2.0 blog, I was asked to reflect on women's changing economic roles. Here's my take on how despite high odds, Native women...

You have probably seen the Television ad. A young girl is given a bicycle set in a white painted rectangle that's, say, 8 by 4 feet. Delighted the young girl happily sits on the bicycle and starts to ride. Barely getting started she is stopped at the white line. "That's...

"You shall know the truth, and the truth shall set you free." Those are the words of Jesus, and they couldn't be more relevant that they are today on Wall Street. Some very large financial giants triggered...

I wish to make clear upfront that this is purely hypothetical. If anything like this actually happened, I was not in the room, and nobody I know was in the room. Therefore, I ask you to consider it as purely a supposition:

Let us assume, hypothetically, that a major...

In no way do I profess to be an expert on the topic of TARP and government bailouts. For that matter, I don't think many people in the entire country, even leading economists and political scientists, can make that claim. I offer this post merely as an observation about a...

Say goodbye to 2009, the worst economic year since the Great Depression.

Say hello to the billionaire bailout society in which the super-rich gamble, lose and get bailed out by the rest of us.

To save the system from total collapse we poured trillions of dollars into the financial...

An inspired economic commentator told me recently that spending was like some cocaine for the American economy: it helped the country to get going and get excited.

Now, since the start of this recession, Americans drastically curtailed their overall spending. Among other...

Millions of people around the country have been treated to the anti-debt ads run by one-time tobacco industry lobbyist Richard Berman. Mr. Berman, who has also worked to thwart minimum wage increases and managed to get on the opposite side of Mothers Against Drunk Driving, is now working...

It wouldn't be the holidays if we didn't have grinches. In the spirit of the season, this week we saw calls to lower the federal minimum wage (yes, you read that correctly), thinly disguised as a way to help the economy. In this time of recession and high unemployment, however,...

In case you haven't heard, the world's best and most famous golfer has got himself into a bit of a mess.

A sex scandal? To be sure. A public relations debacle? You betcha. But what does it tell us about trust?

The Longer You Wait...

From an economic standpoint, will 2010 be the year of the woman? As part of the Roosevelt Institute's ongoing 'Feminomics' series, running on the New Deal 2.0 blog, I was asked to reflect on women's changing roles in the economy. Here's my take on the need to conquer...

As westerns go, The Magnificent Seven, starring Yul Brenner, is one of my favorites, The film, which came out in 1960, centered on seven gunfighters hired by a Mexican village to get rid of a gang of bad guys.

Sam Stovall, the chief investment strategist of Standard & Poor's, has...