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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…