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J.C. Penney CEO Bullish on Recession

Fri Nov 20th, 2009

Associated Press

This holiday season, J.C. Penney (JCP) CEO and Chairman Myron E. Ullman III is armed with a lineup of exclusive fashion brands he helped bring to the department store chain, and he's ready to battle

Cosmetic Surgery Industry Rallies Against Botax

Fri Nov 20th, 2009

Associated Press

They call it the "Botax." The White House and Senate Democrats have turned to a proposal to tax breast implants, tummy tucks, wrinkle-smoothing injections and other procedures as they searc

Geithner Faces Heat, But the Recession Continues

Fri Nov 20th, 2009

Minyanville Staff

Editor's Note: This article was written by Richard Suttmeier, chief market strategist at ValuEngine.com, which is a fundamentally-based quant research firm in Princeton, New Jersey, that

Citi Math: Spend More to Save on Interest

Fri Nov 20th, 2009

Associated Press

For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement. Those who meet the spending minimum -- in some c

Velocity of US Money Supply Finally Edging Up

Fri Nov 20th, 2009

Prieur du Plessis

Despite ballooning Fed reserves to bail out banks, money supply -- as measured by the growth in money supply with a zero maturity (MZM) (notes and coins, check accounts, savings deposits, and money-m

How Your 401(k) May Be Hurting You

Fri Nov 20th, 2009

Matt Ford

A popular prescription in the personal finance domain is to increase or maximize annual contributions to 401(k)s or similar retirement plans. However, one of the best financial decisions I’ve m

In an Era of Savings, Make it Automatic

Thu Nov 19th, 2009

Gary Stern

Given the choice between immediate gratification and savings for the future, most Americans opted for new Italian loafers or a flat screen TV. Bucking that trend is the recent 6.9% saving rate increa

Six Reasons We Need the Rich

Thu Nov 19th, 2009

Scott Reeves

Novelist F. Scott Fitzgerald, best known for chronicling the rich in The Great Gatsby, supposedly said to Ernest Hemingway, “The rich are different than you and me.”To which Hemingway rep

Low Inflation? Not in Prison

Thu Nov 19th, 2009

Justin Rohrlich

The core inflation rate -- which strips out food and energy prices -- slid to an annual rate of 1.4% in the third quarter from 2% in the second quarter. Low inflation, courtesy of a weak economy, giv

Exxon: Oiling the Engine of Our Economy

Wed Nov 18th, 2009

Scott Reeves

Editor's Note: Welcome to Love It or Hate It, a regular dual-column feature that will capture the love-hate relationship America has with some of its biggest, most controversial companies. For past c
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