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Inflation: The Silent Killer?

Claude Ohanesian | Posted 06.11.2014 | Business
Claude Ohanesian

Is there an inflation issue in the US? People are always talking about prices going up. We see it and feel it in prices every day. Yet, when we hear or read about the latest inflation numbers, they are always low. We feel inflation but it is not reflected in the numbers.

Stressless Tests: Our Treadmill Of Delusion

Anthony Citrano | Posted 05.25.2011 | Business
Anthony Citrano

The stress tests mostly overlook derivatives -- the $50 trillion elephant in the room -- by effectively letting banks apply their prior calculus in valuing them.

Bowoto v. Chevron: What's Really at Stake?

Daniel Firger | Posted 05.25.2011 | Business
Daniel Firger

Since the state of the law is so unsettled on this point, the decision in Bowoto is likely to have a big impact on the way future human rights lawsuits are litigated. Chevron knows this, of course.

Jed Lewison

Krugman Offers Lukewarm Support For Plan, Rips "Frightening" McCain | Jed Lewison | Posted 05.25.2011 | Politics

Update (11:42PM): Krugman offers lukewarm support for the plan in his new column, but warns that the plan isn't going to fix all our financial problem...

John McCain: Campaign Lobbyist in Chief

Janet Ritz | Posted 05.25.2011 | Politics
Janet Ritz

John McCain's attempted co-opt of the Obama campaign's change message avoids the fact that McCain has surrounded himself with a campaign staff of top ...

What Bear Stearns' Meltdown Means To You

ABC News | ALICE GOMSTYN | Posted 05.25.2011 | Business

Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...

Obama, Clinton Cite Economic Distress

AP | TOM RAUM | Posted 05.25.2011 | Politics

WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...

Shell-Shocked Bear Stearns Employees Turn To Psychologists

ABC News | Russell Goldman | Posted 05.25.2011 | Business

Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...

Senator Reid Slams Bush's Handling Of The Economy

New York Times | STEVEN LEE MYERS | Posted 05.25.2011 | Politics

As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...

Is Lehman Next?

CNN/Money | Colin Barr | Posted 05.25.2011 | Business

Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...

Bear Sterns Is Worth Less Than Your Sister's White-Trash Husband | 23/6: News You Can Misuse | Posted 05.25.2011 | Home

JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...

Stocks Widely Mixed on Bear Stearns News

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...

John McCain And The Economy: Candidate Must Find Way To Separate From Bush

Posted 05.25.2011 | Business

Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...

US, Global Markets: What's Next?

The Huffington Post | Posted 05.25.2011 | Business

Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...

Global, US Market Updates

Huffington Post | Posted 05.25.2011 | Business

UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...

Bear Stearns Fat Cats Elicit Little Sympathy

ABC News | Russell Goldman | Posted 05.25.2011 | Business

As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...

Investors Fear Financial Crisis Will Keep Spreading

NY Times | LANDON THOMAS Jr. | Posted 05.25.2011 | Business

The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...

Bear Stearns Stockholders Socked

Mortgage News Daily | Posted 05.25.2011 | Business

The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...

Congress Seeking New Stimulus Package To Jolt Slumping Economy

AP | ANDREW TAYLOR | Posted 05.25.2011 | Business

WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...

Tony Blair To Join JPMorgan

Reuters | Posted 05.25.2011 | Business

Former British prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase & Co Inc (JPM.N) as a senior adviser, according to a...

Magna Carta Sold For $21.3M

AP | Posted 05.25.2011 | Business

A 710-year-old copy of the declaration of human rights known as the Magna Carta _ the version that became part of English law _ was auctioned Tuesday ...

White House Mortgage Meltdown: Bush Gives Out Wrong Hotline Number

Posted 05.25.2011 | Politics

Harried homeowners seeking mortgage relief from a new Bush administration hotline Thursday had to contend with a bit of temporary misdirection from th...