Editor's note: The following is an edition of The Lavery Insight economic newsletter by former Merrill Lynch chief economist Jack Lavery.  For more information, or to sign up for a free trial, c

The present contains all possible futures. But not all futures are good ones. Some can be quite cruel. The one we actually get is dictated by the choices we make. For the last few months I’ve b

“Nokia must accelerate the pace of its strategic transformation.” That was a comment on Nokia’s (NOK) third-quarter conference call by CEO Olli-Pekka Kallasvuo. The transformat

Unemployed and sick of applying for a real job? Well, you’re in luck. Stark Industries is hiring! The advanced weapon and defense company is valued at around $20 billion and, in a world constan

After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization tha

A day after the story broke, Citigroup canceled the order.“Citi continually explores ways to reduce all its assets, including aircraft," Michael J. Hanretta, a company spokesman, said

Gibney says:“There is a different, more robust approach to making peace in nasty places: deploy private military companies. Put them on retainer, and they’ll go where they’re p

Stock markets, in general, again logged gains last week as pundits perceived economic data to be better than expected. But the recovery path isn't home and dry yet, as shown by declines in crude oil,

After years of delay, Boeing (BA) announced today that its Dreamliner aircraft will fly by year-end. But this isn’t the first time the company has made such an announcement. So is now the time