Almost overnight, a historic and popular service, like Social Security, faces extinction. But behind this outcome, the Koch echo chamber has been churning for years.
A real friend would tell a guy like LeBron James that he is really messing up his image and his brand. But his yes-men entourage never will. They don't want to get kicked off the gravy train.
The Journal informs us this morning that hedge funds are bouncing back. I'm liking this news a lot. It means rich people are once again seizing control of the market and taking bigger chances with their money.
The old Goldman Sachs was revered and respected as the toughest of competitor on an even playing field. But much seems to have been lost in translation with its latest incarnation.
In places as different as LA and Salt Lake City, local voters had to first recognize the benefit of public transportation by voting for sales tax increases that are helping pay for expansion projects.
The incisive logic of Ralph Nader's Unsafe at Any Speed applies equally to nuclear power -- and furthermore, to the workings of the military-industrial complex with which it is intimately intertwined.
There have been two examples over just the past few days of guys whose careers depend on America's ongoing and abusive love affair with Wall Street saying something unbelievably tone deaf.
Citigroup just sent me its annual statement and ballot to vote on suggestions from its Board of Directors, which, among other things, extends its flirtation with a reverse split that began two years ago.
Blazoned on the top of the CNBC News page was the headline, "US Futures Turn Higher Following OPEC News." The article goes on to advise that OPEC was considering raising production for the first time in two years.
Commentators today are repeatedly referring to the level of oil reserves held by the Libyan oil fields, projecting concerns that these reserves are in danger of being cut off from the world market. That concern is spurious to say the least.
Many top financial institutions are producing original video programming in-house. And we got an overview on the Reuters Insider by Managing Director Mike Stepanovich.
An 18-day peaceful revolution has just toppled Egypt's 30-year Mubarak dictatorship. As the free-falling government dispatched American-made F-16s to...
A new book will prove indispensible for those interested in the problems and benefits of replacing human traders with algorithmic machines -- in one of most important markets in the world.
Today on CNBC's "Fast Money," Arianna and AOL CEO Tim Armstrong discussed the just-announced merger of The Huffington Post and AOL. When asked if the...
My day started with a debate focused on global employment. The most memorable part was a powerful video highlighting the global unemployment crisis. Watching it leaves you feeling like you have to do something before it's too late.
To attach the emergently celebrated name of 'Facebook' to that of a company whose actions at a time when the country needed financial help and vision rather chose to profit heedlessly is profoundly sad.