Amazon Ships New Video Box Amazon Ships New Video Box
New Airline Giant Emerges New Airline Giant Emerges
Could Easy Money End Spark Inflation? Could Easy Money End Spark Inflation?
Federal Reserve Could Easy Money End Spark Inflation?

Could Easy Money End Spark Inflation?

Federal Reserve officials, mindful of a still-fragile economy, are laboring to devise a strategy to avoid another round of market turmoil when they pull back on one of their signature easy-money programs in the months ahead, The Wall Street Journal reports. Central-bank officials have been debating for months when to start paring the $85 billion-a-month bond-purchase program. They were surprised […]

Stocks Activist Investors Wield Clout on Wall Street

Activist Investors Wield Clout on Wall Street

The so-called activist investors flocking to Wall Street are major shareholders with hedge fund money, and they are using their clout to push around companies like Dell, Sony and Apple. The Wall Street Journal reports that Microsoft Corp. MSFT is giving a board seat to an activist investor for the first time, a landmark move that comes only a week […]

Taxes I give up: public workers suffer while GE gets fat tax breaks

I give up: public workers suffer while GE gets fat tax breaks

Comedian Jon Stewart lampoons politicians and corporate leaders for spewing rhetoric blaming teachers, firefighters and other public employees for America’s fiscal problems while Corporate America is given fat tax breaks. Bloomberg News reports that the company with the most profits parked overseas is General Electric, according to a new Bloomberg analysis of 83 corporations. GE said in a Feb. 26 […]

Jobs Tax Cuts Won’t Work

Tax Cuts Won’t Work

By Mark Tatge Tax cuts are offered as a miracle cure, the quick fix solution to our current economic malaise. But is this the solution? Both candidates want voters to view them as tax cutters – even though the president has nothing to do with setting tax rates. (It is the job of Congress.) Republican presidential candidate Mitt Romney has […]

Recent Posts

Amazon Ships New Video Box
Retail

Amazon Ships New Video Box

NYT – Amazon is a retailer that makes and sells entertainment. On Wednesday, it took a big step toward a future in which shopping and video are tightly linked, perhaps even inseparable. If Amazon has its way — and it did not become one of the country’s most valuable companies by drifting with the current — even watching home movies […]

Ending embargo on economic data
Economy / markets

Ending embargo on economic data

The federal government is finally moving to overhaul how it releases economic data. The U.S. Labor Department is the first agency to consider such a move. The department releases widely followed current employment statistics and the decision is likely to be followed by other government agencies. For decades, the government has embargoed or delayed the release of market-moving information to […]

New Airline Giant Emerges
Merger

New Airline Giant Emerges

The $11 billion merger creating the world’s largest airline became official today as American Airlines emerged from bankruptcy to join with U.S. Airways. The new carrier will operate under the American Airlines name. The merger leaves four airlines controlling more than 80 percent of the American travel market. Passengers won’t see immediate changes to reservations or frequent flyer programs, and […]

Could Easy Money End Spark Inflation?
Federal Reserve

Could Easy Money End Spark Inflation?

Federal Reserve officials, mindful of a still-fragile economy, are laboring to devise a strategy to avoid another round of market turmoil when they pull back on one of their signature easy-money programs in the months ahead, The Wall Street Journal reports. Central-bank officials have been debating for months when to start paring the $85 billion-a-month bond-purchase program. They were surprised […]

Safeway Leaves Chicago
Retail

Safeway Leaves Chicago

The future of thousands of Dominick’s workers are in jeopardy following news that Safeway Inc. company will sell or close its 72 stores in the Chicago area by 2014 because the Dominick’s chain is losing money. Safeway, which announced in June it was closing its Canadian stores, operates 1,406 stores across the nation and has been in the Chicago area […]

I give up: public workers suffer while GE gets fat tax breaks
Taxes

I give up: public workers suffer while GE gets fat tax breaks

Comedian Jon Stewart lampoons politicians and corporate leaders for spewing rhetoric blaming teachers, firefighters and other public employees for America’s fiscal problems while Corporate America is given fat tax breaks. Bloomberg News reports that the company with the most profits parked overseas is General Electric, according to a new Bloomberg analysis of 83 corporations. GE said in a Feb. 26 […]

Grocery retailer dumps self-service
Retail

Grocery retailer dumps self-service

Hard to believe, but Chicago grocery retailer Jewel-Osco is removing its self-service checkout lanes. This move runs counter to what other major grocers and retailers are doing – employing more self-service checkouts so the companies can trim labor costs. Several years ago, Home Depot re-deployed its checkout personnel to the retail floor. The move was suppose to alleviate customer service […]

Activist Investors Wield Clout on Wall Street
Governance / Stocks / Takeovers

Activist Investors Wield Clout on Wall Street

The so-called activist investors flocking to Wall Street are major shareholders with hedge fund money, and they are using their clout to push around companies like Dell, Sony and Apple. The Wall Street Journal reports that Microsoft Corp. MSFT is giving a board seat to an activist investor for the first time, a landmark move that comes only a week […]

Tax Cuts Won’t Work
Jobs / Taxes

Tax Cuts Won’t Work

By Mark Tatge Tax cuts are offered as a miracle cure, the quick fix solution to our current economic malaise. But is this the solution? Both candidates want voters to view them as tax cutters – even though the president has nothing to do with setting tax rates. (It is the job of Congress.) Republican presidential candidate Mitt Romney has […]

Income Back at 1995 Levels
Personal Income

Income Back at 1995 Levels