While lower oil prices are welcome news for the US consumer and for consumers in other economies that rely on importing oil, the situation is very different around the world.
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 ...
Bear markets are difficult experiences, but they provide unique prospects. I believe we will look at the present U.S. stock market valuations as perhaps the best investment opportunity of a generation.
What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.
It is not the "government" that hands out these bailout packages and money for projects. We must recognize that government has no money that isn't ours.
I wondered how the six kiddies in my family would take their first - but certainly not last - credit crunch Christmas.
What I and other bailout opponents have been saying is that bailout backers sensationalized a real problem to create the belief that if we didn't do something unfathomably unprecedented, the world would end.
It's the oil-fueled spending boom that accounts for the popularity of the Chavez regime, and there's nothing progressive about it.
Discussing good works is fine, but what counts will be values-driven decision-making that puts the communal good, good works and good results at the top of the agenda.
WASHINGTON — The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt w...
Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.
Watch the contempt from Fox News for Peter Schiff over the past two years: I feel his pain. His economic sense and foresight escaped me. But politi...
Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.
We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.
If you do not find stock prices cheap now, with the market pulverized 45% in the last year, then you probably should never own stocks.
Greenspan told the House Oversight Committee on Thursday that his belief that banks would be more prudent in their lending practices because of the ne...
Imagine a world in which Uncle Sam is the monopoly supplier of bananas, in the same way that he is now the monopoly supplier of money; eventually people will become anxious about future decisions of the banana board.
The danger is that politicians, who have little understanding of the financial world, may draw the wrong conclusions from Wall Street follies and make the wrong decisions as they try to revive our financial system.
Layaway, a payment practice that was made popular during the Great Depression but nearly became extinct due to the instant gratification of credit car...
DETROIT — A potential deal for General Motors Corp. to acquire Chrysler LLC is slowly moving forward, but the transaction is being hampered by a...
To get out of the credit crunch, we need a big package of job creation and economic stimulus. To get out of the climate crunch, we need an army of millions of new workers -- and billions in public spending.
People are desperate for an explanation of the economy that actually makes sense and they're not getting it from the experts.
It's not a 100% official yet, but a few sources are reporting that something big is happening at Tesla Motors, makers of the electric Roadster who ha...
NEW YORK — Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday...
At the end of a weekend when nearly all of the world's major bankers and finance ministers gathered in Washington to stanch the global credit crisis, ...
