When Federal Reserve Chairman Ben Bernanke speaks, Wall Street listens – and investors should beware. The Dow Jones Industrial Average (DJIA) has lost nearly 2,300 points on days he has spoken, including three of the worst point losses ever…
It may have been nothing but a publicity stunt, but it didn’t come cheap for Ford Motor Company CEO Alan R. Mulally.
After being embarrassed in front of a congressional…
A simple, “Oops, we were wrong – things weren’t as bad as we predicted,” would have sufficed. But that would have meant straying from the message that everything is bad with the American economy.
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Now that the government has assumed the role of economic planner with various bailout packages and stimulus plans, experts are predicting a federal budget deficit of $1 trillion.
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Although NBC Universal’s “Green Week” ended days ago, a viewer could be forgiven for thinking it’s still underway based on the network’s coverage of President George W. Bush’s attempt to open up 2 million acres of federal…
It may be a bizarre elixir for the current economic crisis, but Bloomberg Television has declared chocolate a potential cure.
On Bloomberg’s Nov. 25 “In Focus,” Bloomberg News…