In the face of heavy opposition from the moneyed classes on either shore, both the United States and the United Kingdom are desperately in need of campaign finance reform. No joke.
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If you asked the average person how they feel about the Federal Reserve's latest economic projection that trimmed its estimate of 2014 U.S. GDP growth to a range of 2.1-2.3 percent, they would probably say that's not so hot -- not a recession, but quite depressing nonetheless.
Renting a house, snagging a ride on your smartphone, and de-leveraging your balance sheets would truly be a new American way, with tremendous implications for policymakers including the Fed if a geopolitical or natural disaster hit and it was stuck at an already low interest rate.
The WWDC may have been short on hardware -- as it almost always is -- but as we spin this story forward, the puzzle pieces Apple is putting in place are beginning to form a rather interesting, lucrative picture.
As an investor, misunderstandings and overreaction can offer some of the best opportunities to profit. Here, five widely held beliefs are challenged and attractive investment strategies revealed.
Bond traders seem to have seen Steve Martin's The Man With Two Brains so often they have forgotten it was a comedy. And these are the folks the equity markets are supposed to pay attention to?
Despite Yellen's evident caution and discomfort in expressing any specific quantitative definition of "considerable period," the stock and bond markets chose to take Yellen ultra-literally about the six months and turned suddenly and violently downward.
I'm wondering if talking about things you don't know anything about is a biological, instinctive human trait, like anger or hunger or sympathy for George Clooney because he just can't seem to find the right woman.
It turns out our own devotion to liberty and international law only goes so far when somebody's profits and dividends and executive compensation are put at risk. Talk is cheap, but patriotism is expensive, as it turns out.
From making her first million before age thirty, to heading an equity research firm, and now a regular contributor at Forbes with appearances on CNBC and Bloomberg, Li is making waves.
Market suckers have been taken in by these speculative games for four years running; why should 2014 be any different, especially with CNBC cheering them on by not explaining what's really going on?
Fox News is its ministry of misinformation, the fake jewel of the News Corp. crown, a 24/7 purveyor of flimflam and the occasional selective truth. Look at the pounding they've given Obama's healthcare reform right from the very start.
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The CNBC analysts should turn down the rhetoric and hype and listen to the analysts on sister station, MSNBC. They might learn something. I am also happy to clarify for them.
What transpired on Friday was a brutal movement in the price of oil to the enormous benefit to oil interests. And for no reason that can be explained by either an interruption in supply, direct nor indirect, nor significant change in demand, nor economic data supporting the move.