“We were misinformed about how bad things are,” said President Obama recently.Misinformed? One-eighth of his way through his first term, and Obama's still blaming others for the economy?

Greetings from New York, where if less is more, I've been busier than a one-armed paper hanger all day. Conversely, if less is actually less, I've done nothing all day. Specifically, I sold half my S

Hello from New York, where I've got the day off from work after a canceled tonsillectomy for young Superfly. I'm spending my time conducting a little social experiment I call "Contact People Who

Happy mid-day from New York, where I'm watching today's pitched battle between the bulls' desire to keep last week's party hopping while Boo smashes them in the head with a stream of warnings and hor

Greetings from New York where, finally, it's game on for 2009! The kids are back in school, the traders are in their turrets and the volumes are marginally trustworthy, if not robust. After nearly a

Pirates are entrepreneurs, but who knew ransom demands were subject to market forces?The Somali pirates who hijacked the Saudi tanker Sirius Star with a cargo valued at about $100 million had demande

Greetings from the NASDAQ, where I’m getting a little bit loony from traveling from TV studios to market sites and back all day this week. No whining here: Suffice it to say, my head is familiar

Forget summer houses or fixing up distressed properties for a quick resale. Web sites are now the hot thing to flip.According to the New York Times, entrepreneurs with geek skills are sniffing out nic

The Holy Grail de jour of financial market prognostication is predicting the bottom in housing. It's a fool's errand, however. Investing based on a perceived end to declining property values has&

According to Bloomberg, the New York Times Company (NYT) said today that advertising revenue at its newspapers and Web sites fell 13% in May. It was the biggest monthly decline this year for the third