Risky assets remained in favor during the past week, generally helped along by fairly robust economic data and better-than-expected corporate earnings reports. A number of bourses, crude oil, inflati

Gourmands, harried fiancées, and dentist office waiting rooms were struck a blow on Monday when publishing giant Condé Nast announced the closure of four of its popular magazines after

Friedrich A. Hayek (1899-1992), Austrian economist, author and 1974 Nobel Prize-winner for Economics wrote: “With the exception only of the period of the gold standard, practically all governme

Starbucks (SBUX) plans to rip off the ambiance of small, independently owned coffee houses, repackage it under different corporate names, and mass market the hep-cat result to the great unwashed. The

1. IMF Raises Forecast for U.S. EconomyFrom "green shoots" to "solid recovery" in less than 60 weeks. That's the word from the International Monetary Fund, which today revised hig

You gotta love the weather reporters, right? They predicted rain this weekend and lo and behold - we had lots and lots of sun. I’m thinking they should dedicate the 4 minute

I don’t want to belittle the risk at the moment or the suffering of victims, but there's been some research recently published that explains a lot about how the flu spreads. A paper published i

General Motors (GM) could begin temporary closures of production plants in mid-May in an effort to reduce inventory and cut costs. Many plants will be closed for up to 9 weeks, the Detroit Free Press

Wal-Mart (WMT) isn’t invincible. The world’s largest retailer is closing its unprofitable Sam’s Club members-only warehouse stores in Canada and will focus on its super ce

I love this time of year. People seem nicer. Wherever you go, the atmosphere seems a little more relaxed. The only thing (besides me putting up holiday lights) that’s not fun about the holidays