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KAI RYSSDAL: 3M and McDonald's aren't the most likely of corporate bedfellows. But they made similar news this morning. Both said ...
(Click to enlarge)Two weeks ago I highlighted the spike in swap spreads both here and in Europe, noting that they indicated deep-seated fears of banki...
Economists have almost as much trouble making sense of the past as they do in their fundamental role of forecasting the future path of the economy. ...
As top Democrats met Tuesday to plan their end-game on new financial regulations, Sen. Judd Gregg (R., N.H.) warned in an interview that many parts of...
Some reads for a Tuesday afternoon . . . Kass: Placing Our Bets, Once More, on the Banks? (TheStreet.com) U.S. s $13 Trillion Debt Poised t...
The scale of the United Kingdom s (UK) ( AAA /Stable Outlook) fiscal challenge is formidable and warrants a strong medium term consolidation...
Bloomberg:Fitch Says U.K. Fiscal Challenge 'Formidable;' Pound Declines. Britain is facing a fiscal challenge and needs to accelerate plans to reduc...
Barry Ritholtz takes on Art Laffer's recent opinion piece in the WSJ arguing that we're headed for economic disaster if the Bush tax cuts for the weal...
Given the recent market downturn and ramp up in volatility, it should come as no surprise that hedge funds have been unwinding risk as of late. Ban...
How should governments deal with enormous budget deficits? In Europe, the playbook seems to be clear: announce enormous budget cuts (see Germany, U...
GENEVA - Switzerland's effort to end a tax-evasion dispute with Washington hit a major setback Tuesday when lawmakers blocked a treaty that would...
Brazil s economy, which is the biggest in Latin America, has posted growth of 9% in the first three months of 2010, compared with the same period a ...
LONDON - Britain's government on Tuesday kicked off a public review of planned spending cuts as a leading ratings agency warned that the country...
I've been forecasting a 2nd half slowdown in GDP growth based on:1) less Federal stimulus spending in the 2nd half of 2010, 2) the end of the inventor...
European equities markets were lower Tuesday on continuing concerns about the debt crisis in the region and how it will hurt economic growth, especial...
Las Vegas Sands Corp. (LVS), the casino company controlled by Sheldon Adelson, announced recently that its Las Vegas business is picking up especiall...
For any remaining employment optimists, the comments out of Washington from Ben Bernanke are certainly troubling. Last night the Federal Reserve Ch...
Recent research suggests that social spending in the US is similar to or exceeds the expenditures in Denmark and Sweden, all things considered. But wh...
The jump in deflationary risk last month is still a real and present danger, if only marginally. But given the market reaction of late, it would be sh...
I am filling in for Tom Keene today, hosting his show, Bloomberg on the Economy from 11:00am, to 12 noon.We will be having Dana Telsey, Jim Bianco, a...
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