Everyone seems to be trading down in the shopping lists! With an uncertain economy, housing bust and high gas prices hanging over their heads, consumers flocked to dis…

Well he might be in the context of the country that he is richest in.... Estimated at $59bn, Mr Slim’s fortune is equal to 6.6 per cent of Mexico’s gross domestic pro…

Willem Buiter writes: The impact on annual consumption of the 5 percent decline in house prices would then be $38 billion. With a $ 12 trillion annual GDP, this is a d…

This is a second update to a previous post, and important for understanding the scope of how debt and equity (and currency market) movements can impact multiple parties …

This chart actually shocked me, but its true. For the last seven years, buy and hold total returns on the SP has underformed treasuries.

Markets are like bacteria, they will adapt to new realities; i.e. - terrorism, war, etc. It seems as though the volatility will continue in the markets for at least th…

Its a little too early for this, but some research on the golden mean, and fib lead me to numerology, and that grand interpretation of it; astrology. Here is the shor…

Level 3. For the seven banks Fortune surveyed, level three assets totaled over $430 billion, equivalent to 110% of the banks' combined equity. That number will lik…

Well, i guess the internet isn't free after all. After reading an article: Here is part of the article: State seeks to revoke Quick Loan Funding founder’s license …

Capital One Financial Corp COF.N: which this week boosted its forecast for 2008 credit losses, on Friday said more customers had difficulty paying their bills in Octobe…

News just keeps getting better?? By adding the two government-chartered enterprises, Cuomo is broadening his nine-month probe to companies that own or guarantee 40 …

Many may wonder why the market isn't any lower with the pessimism and large writedowns from about 1/4 of the entire S&P 500 being reported. ONE ANSWER, Liqui…

I NORMALLY DONT WRITE ABOUT such penguin media, but i think it shows something interesting going on. Society refuses to take blame for what is happening all around u…

PetroChina, the nation's largest oil and gas producer, jumped 160 percent to 43.40 yuan in Shanghai. The shares earlier jumped to as high as 48.62 yuan, valuing the …

Citigroup CEO Charles Prince 57, retired under pressure on Sunday. He said it was "the only honorable course for me to take." Former Treasury secretary Robert …