Business

     In case you haven’t heard the buzz, Starbucks (NASDAQ: SBUX) is struggling. The global coffee company recently announced that it will be closing 600 “underperforming” U.S. stores and cutting about 12,000 jobs.

     While most…

     Nearly four months after the collapse of Bear Stearns, media voices are still debating what led to the failure of the 85-year old investment bank that had survived years of previous turmoil, including the Great Depression…

     “Where there’s smoke, there’s fire,” is the way JP Morgan Chase CEO Jamie Dimon described the impact of rumors on the downfall of investment bank Bear Stearns.

     Dimon appeared in a taped interview from Aspen, Colo. on the July…

     It was only a matter of time before the media began using the wildfires ravaging California as a means to advance global warming alarmism.

     ABC’s July 7 “World News with Charles Gibson” candidly suggested global warming is…

     Soaring food and energy prices are dealing a tough blow to the world economy, but that shouldn’t stop the United States from spending loads of money to appease climate change alarmists, according to NBC.

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     On my desk is a book of the hundred greatest political speeches in American history. I am always struck by how harsh they were. The speeches were rough-and-tumble and politically incorrect by today’s standards.

     In those days…

     If the free market responds to an economic problem, and no one in the media reports it, does it still happen? When it comes to high gas prices, Americans won’t have to find out.

     The July 2 ABC “World News with Charles Gibson”…

     Food inflation is hurting everybody – even those who don’t have to pay for it, according to the July 2 “CBS Evening News.”

    “With food prices climbing, more and more Americans these days are struggling to feed their families,”…

     It’s time to short-sell Clear Channel Communications stock if you follow the analysis by CNBC contributor and Vanity Fair contributing editor Michael Wolff. He criticized a record deal that locks Rush Limbaugh in with the…

     As Democrats solidified their control of Congress in early 2007, the newly empowered leadership pledged to “truly declare our energy independence” by July 4, 2007.

     House…

     The consequences of a military attack on Iran to thwart its nuclear intentions could have a devastating economic impact.

     NBC News chief foreign correspondent Richard…

     Now that environmentalists and the media have succeeded to getting polar bears – the global warming mascot of the northern hemisphere – listed as a “threatened species,” now they’re turning their eyes to another creature: the penguin.…

     As the Dow Jones Industrial Average (DJIA) closed only a few points higher than it opened on June 30, ABC marked the end of a volatile month for stocks with a pessimistic segment on the market and personal retirement…

     The same day Florida Attorney General Bill McCollum followed the lead of attorneys general in California and Illinois by suing Countrywide (NYSE: CFC), and just one day before Bank of America (NYSE:BAC) planned to…

     According to CNN’s Greg Hunter, nice, suburban subdivisions could turn into vandalized, crack houses because of the housing downturn.

     “Well you don’t want to jump into a housing market too and end up buying America’s next…

     Ignoring market-based solutions entirely, CBS ‘”Evening News” told the story of “The Other America” on June 29 – an America it claimed includes “100 million Americans without dental insurance.”

     The story, which didn’t give a…

     NBC’s “Today” show, ABC’s “Good Morning America,” and CBS’s “The Early Show” greeted viewers with depressing news the morning of June 27 – the stock market is struggling – and more epic comparisons.

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     General Motors has been an American fixture for 111 years, but some warn that might be ending. The Michigan automaker faces tough obstacles ahead critical to its survival.

     Brian Williams raised the possibility of General…