The Auction Room Action
There has been a lot of discussion about what will happen to art prices.Theories abound that contemporary galleries will return to their "old masters" rather than nurturing younger talent.
There has been a lot of discussion about what will happen to art prices.Theories abound that contemporary galleries will return to their "old masters" rather than nurturing younger talent.
Francine Hardaway | Posted 03.09.2009 | Business
No, I don't want to move in with my daughters. I want to ask you to re-finance my mortgage at the current value of my house at a 4.2% rate, like everyone in Congress is suggesting.
E. Glen Weyl | Posted 03.08.2009 | Business
The Fed and Congress may be good at managing monetary policy and passing laws, but they are not loan officers nor bond investors.
Ronald B. Robinson | Posted 03.25.2009 | Business
Republicans are proposing a 4% home mortgage Ponzi scheme that's the modern day version of "40 acres and a mule." It's every bit the false promise that dashed the hopes of ex-slaves after the Civil War.
AP | MADLEN READ | Posted 03.25.2009 | Business
NEW YORK — Citigroup, under pressure to increase its lending, says it will spend $36.5 billion to issue mortgages, make credit card loans and bu...
Ismael Hossein-zadeh | Posted 03.05.2009 | Politics
If "illiquidity is the core economic problem," as policy makers argue, why is then the government's injection of enormous amounts of liquidity failing to unfreeze the credit market?
Jack Hidary | Posted 03.03.2009 | World
The last plenary session at the WEF last night featured Fareed Zakaria asking a zinger of a question to a panel of the heads of state of the UK, South Korea, South Africa and Mexico.
Mike Papantonio | Posted 03.01.2009 | Media
If Limbaugh could step out of his 25,000 square foot home and see the pain of parents telling their children that they just lost their home, maybe then he would want Obama to succeed.
Don McNay | Posted 02.24.2009 | Business
The nation's economic system has also gotten addicted to shopping.To turn the economy around, Americans need to find a spender's version of rehab.
Scott Paul | Posted 02.22.2009 | Politics
If the destruction of capitalism and the arc of history were responsible for American manufacturing's steep decline, there would be a legitimate debate about whether it's worth saving.
Washington Post | Annys Shin | Posted 02.18.2009 | Business
With the economy in the tank, companies are doing all they can to stay afloat. For many, though, even the most desperate measures have not been enough...
Wall Street Journal | MARK GONGLOFF | Posted 02.18.2009 | Business
Investors shell-shocked by two nasty bear markets in stocks in less than a decade are starting to look elsewhere for good returns. In the wake of the ...
New York Times | MIKE MCINTIRE | Posted 02.17.2009 | Business
At the Palm Beach Ritz-Carlton last November, John C. Hope III, the chairman of Whitney National Bank in New Orleans, stood before a ballroom full of ...
Christopher Brauchli | Posted 02.15.2009 | Business
As credit card holders who carry unpaid balances know, most credit card companies reserve the right to raise interest rates at most any time for most any reason.
Neil Baron | Posted 02.13.2009 | Business
Credit ratings have an extraordinarily broad effect on our financial system -- witness their role in the subprime crisis.
Penny Herscher | Posted 02.13.2009 | Business
Our debt culture has come home to roost now, but contrary to the obvious, starting to save now could be the wrong thing for the country.
Don McNay | Posted 02.09.2009 | Business
To some, the crisis was caused by consumers. It's as if they are unhappy that we're getting our act together. It's similar to a dope dealer getting angry when a customer goes into rehab.
Robert Creamer | Posted 02.09.2009 | Politics
A good case can be made that the massive globalization of labor and financial markets, coupled with "free markets uber alles" policies, formed a toxic mixture that made the collapse inevitable. Here's why.
Diane Francis | Posted 02.06.2009 | Business
Obama-nomics won't merely be the New Deal Part Two. It will have to be executed along with policies hammered out in partnership with the best minds and most enlightened leaders in the world.
CNN | David Goldman | Posted 02.05.2009 | Business
The Treasury Department said Monday it had invested $15 billion in another seven banks, including two companies that recently completed large takeover...
Michelle Kraus | Posted 02.02.2009 | Politics
The legacy of Bush and Cheney are inextricably tied to the survival of the old fossil fuel economy. Their assignment was clear: defend and protect at ...
New York Times | ERIC DASH and VIKAS BAJAJ | Posted 01.31.2009 | Business
The financial crisis began in the credit markets, and eventually it will end there. But as the financial industry rounds out one of the most wrenching...
Hale "Bonddad" Stewart | Posted 01.20.2009 | Business
To argue there was no credit crisis -- to say we were "punked by Wall Street" -- flies in the face of every available fact on the crisis.
Ariston Anderson | Posted 01.19.2009 | Entertainment
Just how much is the credit crunch going to affect Hollywood? Film elite like Sir Ben Kingsley, Penelope Cruz, Gus Van Sant, Dennis Hopper, Darren Aronofsky and others weigh in.
Charles H. Green | Posted 01.18.2009 | Business
I've met all too many people educated in our "best" schools who have come to believe that selling toxic waste to customers is a legitimate part of a noble, even moral, endeavor called capitalism.
Charlotte Appleyard | Posted 03.09.2009 | Business