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`Out of Control' Wall Street Chiefs Spurned Warnings at Davos

Once upon a time, the World Economic Forum was the ultimate Wall Street jamboree. read more »
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Home Depot spent $233K lobbying in 3Q

The Home Depot Inc. spent $233,250 in the third quarter to lobby on legislation aimed at stabilizing the foundering house market and other issues, a[...] read more »
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AN OBAMA PANIC? MARKETS FEAR HIS POLICIES

But while the polls are reflecting Obama's steady hand, the markets haven't. In fact, they're getting worse by the day as Obama's lead widens. read more »
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EBay on cash and the FDIC…

At any point in time we have funds in our operating accounts and customer accounts that are with third party financial institutions. These balances i[...] read more »
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Economic Weather Map of Europe

Forecast: Scattered recession, with defaults gusting up to 40% ! read more »
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Edmunds.com Forecasts October Auto Sales; Predicts Lowest Sales Volume Since January 1992

This month's new vehicle sales (including fleet sales) are expected to be 872,000 units, a 28.9 percent decrease from October 2007 and a 9.4 percent[...] read more »
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S&P: "We'd Do a Deal Structured by Cows" And Other Rating Agency Dirty Linen

Most eyes were on the plunging equity markets today, and the rating agencies must be plenty glad for the air cover. The House Oversight Committee une[...] read more »
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Frank Calls for `Moratorium' on Wall Street Bonuses

House Financial Services Committee Chairman Barney Frank said there should be a freeze on Wall Street bonuses until companies find a way to keep the[...] read more »
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Limited Brands To Cut Capital Spending, Real Estate Projects

Pressured by the declining economic environment, Limited Brands , owner of Victoria's Secret and Bath & Body Works, said Wednesday it plans to cut b[...] read more »
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The Starbucks recession indicator

Want to know how bad a country's economic downturn will be? Add up the number of outlets serving grande lattes. read more »
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Huge put trades in S&P 500 pushes up fear gauge

Massive trades in the November S&P 500 put options on Wednesday may have driven the so-called VIX, Wall Street's fear gauge, to an inaccurate new re[...] read more »
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Why I’m Still Buying by Ben Stein

Why didn't I, Ben Stein, famous so-called braino, get what was happening and why did I remain optimistic so long? read more »
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GM in hunt for Buffett-style capital injection

General Motors is seeking a sizeable capital injection from outside investors as a possible alternative to a deal with Chrysler, the carmaker’s small[...] read more »
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Layaway message resurrected for holiday shoppers

A payment method that became decidedly passe in the 1980s is being promoted again this holiday season as a way for budget-conscious shoppers to buy [...] read more »
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What Didn't Cause the Crisis?

Tyler Cowen, contradicting Anna Schwartz, says it was private sector imperfections, not government policy that caused the imperfection. In particular[...] read more »
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