“The big-picture perspective is that things have improved. The question is, how sustainable is this growth going forward?”-- Jan Hatzius, chief US economist at Goldman Sachs (GS), on the

The folks in the corner office at Wells Fargo Bank (WFC) are truly savvy about public relations - after a swift kick in the butt. The bank cancelled a planned junket to Las Vegas only after the predi

It’s time for another czar! It seems America's automotive industry needs the kind of attention only a 19th-century Russian monarch can provide. We need someone who can save Detroit. We n

Note to Congress: Market forces haven’t been completely repealed – at least not yet. Nevertheless, you can be sure some members of Congress will yowl about AIG’s (AIG) plan to make

If you're planning to beg Uncle Sam for $25 billion, it might be smart to brush up on your poor-boy act first.The CEOs of General Motors (GM), Ford (F) and Chrysler overlooked this basic fact when th

You’ve got to admire British understatement, especially in view of the current economic crunch.Bullheadedness is a fine Anglo-Saxon trait - but in the current climate, it looks more like moral

Note to the geniuses burning taxpayer dollars at American International Group (AIG): Cameras are everywhere.In AIG's latest pratfall, top executives were caught slinking around a fancy resort in Phoe

Senator Barack Obama is a either a naïf or a ninny. Based on his tax proposals, the key to any economic program, the nincompoop out-points the naïf. Here’s why: Obama proposes to rais

Imagine you’re running a marathon. Against incredible odds, you’re in first place. The finish line is just yards away; as you cross it, triumphant, the feeling of ecstasy immediately vani

Volatile swings and crushing losses in the stock market are enough to drive you crazy. Literally. The phones of psychologists in New York have been ringing off the hook as Wall Street’s executi