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

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

Birds are singing, the sun is shining, and life is beautiful again. On the surface, the vital signs of our economy are improving with every economic report. In some areas, like unemployment, the rate

In 2005, Barron’s called him one of the 30 best CEOs in the world. Then Fortune placed his firm on its list of “Most Admired Companies”. One year later, American Banker presented hi

When it comes to global manufacturing, Mexico is quickly emerging as the “new” China.According to corporate consultant AlixPartners, Mexico has leapfrogged China to be ranked as the cheap

The days of soaring stock prices and luxury flights have passed for airlines around the globe, but the new reality of cost-cutting and consolidation could keep the major legacy carriers from being pe

It’s a small shot in the arm, but it could mean big money for pharmaceutical companies around the world. With flu season upon us and swine flu threatening to reach pandemic proportions, Big Pha

The health-care sector is huge here in the US, accounting for 16% of GDP, and politicians have decided the system demands a radical overhaul.So, on Saturday, as you kicked back beers at the local bar

A strong IPO market is good news for private equity, and the new issues market will remain strong into next year, the president and chief operating officer of Blackstone Group (BX) believes.“We

Perhaps the only real surprise from the Fed’s post-meeting statement yesterday, market pros note, is that there was no surprise at all.So says Dennis Gartman, editor of The Gartman Letter. As t