In the News- Protesters target Apple stores in 'ethical iPhone' campaign February 8, 2012Apple is facing demonstrations on Thursday at a half-dozen of its retail stores around the world from customers concerned about how Apple's suppliers treat their factory workers in China and other overseas locations. […]
- Groupon stock plunges on net loss February 8, 2012Welcome to the big leagues, Groupon. Shareholders punished the stock in after-hours trading Wednesday after the daily deals site posted a surprise loss for its first quarter as a public company. […]
- New nuclear reactors set to be OK'd for Georgia February 8, 2012The U.S. Nuclear Regulatory Commission is expected to approve licenses to build two new nuclear reactors Thursday, the first approvals in over 30 years. […]
- Caesar's stock closes up 70% in debut February 8, 2012Shares of Caesar's Entertainment nearly doubled in the casino operator's public debut Wednesday and closed up 70%. […]
- Protesters target Apple stores in 'ethical iPhone' campaign February 8, 2012
economics Archive
-
Worst Housing Markets for 2009
Posted on December 22, 2008 | No CommentsFortune published their predictions for the worst housing markets in 2009. Not surprising to me eight of the ten cities are based in California. Number one on the list of... -
Changing the Rules Midgame
Posted on December 21, 2008 | 1 CommentOn Friday, the Bush administration opened up the TARP funds to bailout the Auto Industry. Yet another example of the government not fully understanding the law of unintended consequences. I... -
When Your Competition Wants to Save You …
Posted on December 15, 2008 | 1 CommentYou know you have problems. Many of the foreign automakers like Toyota have come out on the side of a U.S. automotive bailout. Much of their reasoning seems sound. They... -
“The End” For the Rest of Us
Posted on December 3, 2008 | No CommentsFor a truly great read on the Wall Street collapse, I strongly recommend you read The End by Michael Lewis. He is the author of the book “Liar’s Poker”. In... -
What Should We Do With GM?
Posted on November 10, 2008 | 6 CommentsNow that we have given even more money to save AIG and the rest of the financial industry, should we listen to those calling for us to save GM from... -
Bailout Failed, Now What?
Posted on September 29, 2008 | 3 CommentsWow. I honestly didn’t see this one coming. I can’t believe the government got enough sense to not pass the plan as presented. However glad I am that they didn’t... -
Why Recessions Are a Good Thing
Posted on September 28, 2008 | 5 CommentsOne of the things that bothers me a lot when I hear people speak of the need to do something immediately is the fear of recession. Recessions are not bad... -
Did I Just Wake Up In the Soviet Union Circa 1980?
Posted on September 18, 2008 | 4 CommentsThe government is meeting tonight to come up with a comprehensive plan to buy the bad debt on the books of all these failing financial institutions. The plan would have... -
A Lesson In Leverage
Posted on September 15, 2008 | 1 CommentMy prediction on the market turned out to be prophetic. The Dow took a 500 point plunge today. Considering the heavy selling at the end of the day, this pattern... -
Windfall Taxes and Stimulus Checks
Posted on August 4, 2008 | 6 CommentsI have voted in three elections. Each time, I’ve voted for a Democrat. This time, I really want to vote Democratic because I’m not a huge fan of McCain. But...