Articles

It sounds horrible to say, but it is true.

Nouriel Roubini has become renown for having predicted the impending credit and bank crash. He predicts a severe recession and expects markets to decline another 20-30% before bottoming out.

As expected, the Fed dropped rates by 50 basis points (half a percent) to 1%. The idea is to make it cheaper for banks and borrowers to get money. The problem is that banks still don't want to lend and consumers don't have the cash to borrow.

Is now a good time to look at I Bonds? Some say yes, I say no. Here's why.

From Germany this morning, we can witness a trade that will be spoken about for years gone wrong.

The one bright spot of this entire mess is that we can now afford to travel to places in Europe and Asia that had become prohibitively expensive over the last two years.

This goes beyond absurd. Many of the investment banks that have required public money to stay afloat, and some that haven't stayed afloat, are still planning to pay out billions in bonuses. This is an outrage.

The entire world wants to upgrade from a Nokia, a Motorola or a RIMM device to an IPhone.

There's a lot of bad news out there but there are also some positive things happening. A story that has gotten somewhat lost in the credit and banking crisis is the fact that the price of oil has collapsed. It was trading as high as $140/barrel last summer and today finished below $65/barrel.

I'm not familiar with Peter Boockvar or his investing record but I thought it was interesting that analysts are not starting to talk about more drops in the markets. Before the talk was about whether we had hit a floor at 8,000.

Sandisk's CEO managed to destroy a better offer to acquire his company than Yahoo's.

Global markets of all sort are moving up and down with incredible quickness and volume. Is the precipitous nature of today's global markets good or bad?

Quicken is going to the freemium model. They're offering their base service free now to compete against several other free online services and then offering upgrades to more powerful services. Still, for the average user, the free service is good news.

Jim Cramer decides to raise the ante on his theatrics by insulting all AIG employees. Outrages, the new AIG CEO Ed Liddy demands an apology. Tune in for more as the world turns...