Category: Business News

Mutual Fund Pioneer Jack Bogle: How to Fix Wall Street

Mutual Fund Pioneer Jack Bogle: How to Fix Wall Street

Jack Bogle, the founder of mutual fund giant Vanguard, and the man who popularized index funds, is part of an older generation of financiers, including people like Warren Buffett, who believe in long-term, low-cost...

Happy Holidays for Gamers: Price Wars Expected for Video-Game Consoles

Happy Holidays for Gamers: Price Wars Expected for Video-Game Consoles

Gamers won’t be able to get their hands on the new Nintendo Wii U games system until November 18, but preorders from some major retailers for the $300 consoles have already sold out. Discounts...

Private Eyes: Are Retailers Watching Our Every Move?

Private Eyes: Are Retailers Watching Our Every Move?

Traditional brick-and-mortar retailers don’t have a lot going for them these days. On the one hand, high unemployment and stagnant wage growth is sapping the purchasing power of the average consumer, and on the...

Will the Stock Market Keep On Rising?

Will the Stock Market Keep On Rising?

The forces that have boosted the prices of blue-chip stocks over the past year are diminishing, while other factors have become increasingly uncertain. Since the beginning of the year, many commentators, including myself, have...

The Forbes 400 Summit: Bill Gates, Warren Buffett and the Greatest Roundtable of All-Time

The Forbes 400 Summit: Bill Gates, Warren Buffett and the Greatest Roundtable of All-Time

  Exactly 30 years ago Malcolm Forbes’ most enduring brainchild–a ranking of the richest people in America–came to fruition. The Forbes 400 proved a phenomenon as soon as it launched. Three decades later it’s...

Smalls Walking Tall

Smalls Walking Tall

  Stocks have been on a tear since the end of July.  Truth be told, stocks have been on a tear pretty much all year.  As of writing, the S&P 500 is up 16.6%...

More Mortgage Trouble: Banks Face Another $3.4 Billion In Repurchase Claims

More Mortgage Trouble: Banks Face Another $3.4 Billion In Repurchase Claims

Freddie Mac is looking to collect another $3.4 billion from banks it says sold it shoddy mortgages. The methodology used to settle previous repurchase claims was flawed, and that thousands of loans soured were...

Ben Bernanke’s Heavy Artillery: Will Open-Ended Bond Buying Drive Down Unemployment?

Ben Bernanke’s Heavy Artillery: Will Open-Ended Bond Buying Drive Down Unemployment?

Ben Bernanke and made an open-ended commitment yesterday to purchase mortgage-backed securities at a rate of $40 billion per month, aiming to inflate asset prices and pump fresh credit into the economy. The move...

Apple’s Secrets Aren’t So Secret Anymore, and That’s O.K.

Apple’s Secrets Aren’t So Secret Anymore, and That’s O.K.

Would it be possible for an intelligent bystander with no insider knowledge to write an imaginary script for an Apple media event — a day or two ahead of time — and mostly get...

Google Fiber Issues Public Challenge: Get Up To Speed!

Google Fiber Issues Public Challenge: Get Up To Speed!

[vsw id=”ffHLIZh0PHg” source=”youtube” width=”425″ height=”344″ autoplay=”no”] Six years ago this month, Google moved into one of the largest buildings in New York City. Google had only been public for two years and its stock price was soaring....