The L-shaped economy that we're in is one which won't get much better and will require an adjustment to lower economic growth and a lower standard of living.

Hey, maybe I need a new pair of eyeglasses. The last time I looked, the financial scene appeared unmistakably cloudy and ominous. Not so to Wall Street's bulls.

Many on Wall Street have basically been pitching happy economic talk since early last year. Well, we're in early 2009 and now the bullish brigade is signaling yet another extension.

For the market to go up from here, the news doesn't have to be good. It just has to be not quite as bad as what has already been discounted.

There is no intrinsic value in words, it's how they are put together and how they are interpreted and whether they are believed. It's the same with the numbers that tell the story of the economy.

I hear when the gentlemen at AIG laugh so hard that they cry, they use these handkerchiefs to wipe away the tears. Conveniently, they cost less than 1...

Investment professionals and econo-pundits claiming to speak for Wall Street have been blaming President Obama for the recent run of losses in the sto...

NEW YORK — Investors retreated from Wall Street again, driven by worries about the nation's big banks and General Motors Corp. Stocks slid to t...

Out with the old. In with the new and the green. Damn the torpedoes. Full green ahead.

I'll admit it - a few weeks ago, I bought a $1 scratch ticket. I thought, "Why not?" I ended up winning $7, and proudly announced the news to the Miny...

NEW YORK — A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors...

NEW YORK — The arrival of March is unlikely to bring much relief to a stock market battered by bad news throughout February. Trepidation is mor...

In 1943, psychologist Abraham Maslow published A Theory of Human Motivation, which proposed that there is a hierarchy of needs in a predetermined order of importance.

NEW YORK — Federal Reserve Chairman Ben Bernanke gave Wall Street a double dose of reassurance. Now it's President Barack Obama's turn. Bernank...

While we read about Blagojevich's hairbrush and the $1,400 trashcan purchased by Merrill Lynch's CEO, the Dow saw "its worst performance ever" posting its worst January in its 113 year history.

For immediate news on where the Dow is trading now go here. The Dow Jones Industrial Average fell below its lowest close since 1997 on concerns that ...

NEW YORK — Investors are frustrated with the government's latest bank bailout plan _ and showed it by unloading stocks. The major stock indexes...

LOS ANGELES — News Corp., the global media giant controlled by Rupert Murdoch, said Thursday it lost $6.4 billion in its most recent quarter bec...

NEW YORK — Investors acted Wednesday as if they had overdone it a day earlier. Wall Street snapped back from a steep sell-off with a rebound in...

I am sorry to say that it is foolish to think that a stimulus package will be an insta-cure. I think it is wiser to to keep in mind that it is going to take years to make this all right.

NEW YORK — In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline....