Many people never thought this day would come. Citigroup’s (C) employees and shareholders -- and by definition, taxpayers -- are fortunate to have Vikram Pandit at the helm of the struggling ba

George Soros discusses an entirely different crossroads. I've been too cautious the last few months and I own that. I'm usually early, however, and while I certainly see both sides, my sen

For the second time this year, New York Governor David Paterson proposed a tax on non-diet soft drinks to help the state close its $3 billion budget gap.In addition to raising much needed funds, the

It's no wonder that gold is soaring with the US, UK, and China all printing money like mad. Throw enough money around and gold is bound to rise regardless of anything else that might happen (all of i

Equities ended mixed in unusually tight trading. Buffett was a buffer against broader declines with his big railroad bet, but a downgrade of the semiconductor sector left Intel (INTC) (-2.68%) e

Major sporting events are often sold as win-wins to local taxpayers. Bidding on a game usually comes with the promise of extra local taxable spending and the positive publicity that will help draw vi

I’ve been in South America this week, speaking nine times in five days, interspersed with lots of meetings. The conversation kept coming back to the prospects for the dollar, but I was just as

Dear Mr. Bernanke,I have a confession to make. In my recently published book, I didn’t speak too kindly of you nor your predecessor, “easy Al”. I still believe my criticisms of Mr.

For decades, gambling has been the preferred arrow in state policymakers’ budgetary quivers, the thinking being that even in poor economic times, tax revenues from gambling would continue to gr

Crude Oil in Focus Crude oil is up a second consecutive day, helped in part by a weaker dollar. Arab nations, along with China, Russia, Japan, and France, were reported to be secretly discussing a mo