Articles

The U.S. recession deepened last month as U.S. companies shed jobs at the fastest rate in more than 30 years, pushing the unemployment rate to its highest level in 15 years

Do you have car or life insurance through the AARP? If so, you might want to check to make sure you are getting the best deal.

For the first time in 50 years the dividend yield on the S&P 500 beats the yield on 10 Year Treasury Notes. Does this mean anything?

Goldman Sachs announced it apparently weighing opening an internet bank, according to the Wall Street Journal.

Harvard has lost extraordinary amounts of money. Harvard will survive, but the question is what this signals for other non-profits that cannot absorb these types of losses.

Here is a risky strategy that I am following as interest rates move lower.

Harvard today announced that its endowment had dropped by 22% or $8 billion. The loss is greater than the total endowments of all but 4 universities. This marks the popping of one of the last bubbles - higher education.

Bill Gross, who manages the largest bond fund in the world for Pimco posted an interesting column in which he made the case that stocks are not inexpensive when you consider that the leveraged finance model is dead. I thought these were wise words.

The National Bureau of Economic Research says we entered a recession in December 2007. This raises a bunch of interesting questions.

15 to 20 years ago, CNN set a new standard in broadcast journalism. The Mumbai attacks shows what a disaster it has become.

Over the last two weeks, the Fed has set up programs to purchase mortgage backed assets, student loans, credit card loans, and more to help restart lending. But it might not make a difference because consumers are already eyeball high in debt and need less of it, not more.

CNBC sent Bill Griffeth for a facelift over the weekend, then put him on Power Lunch with Michelle Caruso-Cabrera, Melissa Francis and Dennis Kneale. Why?

A friend forwarded me this article and I thought some of the data was interesting. It shows that the damage over the last couple of months has brought the market to levels not seen since the Depression.

The Asian markets are open and no word on a rescue plan for crashing Citi. Exactly the same scenario as Lehman. No government, no investors. Amazing inaction again in a moment of crisis.