Finance

Evening rush hour commuters making their way past the food concessions on an underground concourse inside New York's Penn Station.

Dollars and Sense: Are markets headed toward a healthy correction or ‘irrational exuberance’?

Dollars and Sense | Big Apple ripe. I spent a couple of days in New York this week, and I can tell you that with the stock markets at all time highs, the Big Apple is feeling pretty flush. The hotels are full, and getting…

Specialist Matthew Cheslock works at his post on the floor of the New York Stock Exchange

Dollars and Sense: Bad news in Europe might be good news for U.S. investors

Dollars and Sense |  Up, up, and away. The markets just keep climbing. The Dow closed above 15,000 for the first time ever on Tuesday, and it continued to set new records on…

Traders on the floor of the New York Stock Exchange Wednesday.

Dollars and Sense: The power of the tweet on Wall Street

Money |  Flash crash. Last week, with the Boston bombings, the fertilizer plant explosion in Texas, the Dow having its worst week of the year so far, and gold and…

Put aside money to guard your integrity

Put aside money to guard your integrity

Finance |  Integrity was the subject for the day. The professor, a WWII vet, spoke with authority, as 17 midshipmen listened in a small classroom. The Vietnam War was…

A trader works the floor of the New York Stock Exchange Thursday.

Dollars and Sense: Could the Dow reach 16,000, or even 17,000 by year’s end?

Money |  Earnings season. We’ve entered earnings season for the markets, as we do each quarter, and the news so far this week has been upbeat. Alcoa is a huge…

A trader rushes across the floor of the New York Stock Exchange.

Dollars and Sense: A calm week ends with a storm

Money |  Calm before the storm. We almost got out of this week with no drama. The U.S. stock markets spent most of the week at or near record levels. Cyprus seems to…

A light post rests at the dilapidated entrance to city hall in Stockton, Calif.

Cash-strapped California city goes belly-up

Cities |  A federal judge granted Stockton, Calif., Chapter 9 bankruptcy protection yesterday, making it the largest city in the country to fail financially. Now the…

Protesters during an anti-bailout rally at the European Union house in Nicosia, Cyprus, Sunday.

Dollars and Sense: How little Cyprus had a big effect on the world’s economy

Money |  Why Cyprus? Who would have thought a month ago that the tiny nation of Cyprus would be dominating the economic news in the way it has these past couple of…

A trader on the floor of the New York Stock Exchange Wednesday.

Dollars and Sense: Traders take a breather as the rest of the world holds its breath

Money |  A breather, or a case of the nerves? We’ve seen a record run-up in the markets since the first of the year. The Dow is up about 7.5 percent from Jan. 1. But…

Brand awareness looms large at SXSW 2013 concert.

Dollars and Sense: Texas serves up wealth while politicians dole out candy and veggies

Money |  $X$W. I’ve spent most of this week at the South by Southwest Music, Film, and Interactive Festival in Austin, Texas, and it’s plain to see what an…

Fans cheer on Carl Edwards as he wins Sunday's NASCAR Sprint Cup race in Phoenix.

Dollars and Sense: Phoenix rises from the ashes of economic doldrums

Money |  Regional reports. On assignment for WORLD, I’ve been in Tennessee, Colorado, and Arizona this week. I flew into Phoenix, the largest city in the state, and…

A trader works on the floor at the New York Stock Exchange Wednesday.

Dollars and Sense: How did we fare in February?

Money |  February fades. When you consider everything we’ve been through, February ended better than we had a right to expect. When you consider the fiscal cliff…

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