Word: businessese
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See which businesses are bucking the recession.
Citi executives are taking a different path out of the financial crisis than many of its rivals, which at times has been a benefit to those rivals. With the acquisition of Citi's Salomon Smith Barney, Morgan Stanley now has the largest brokerage force in the nation. And while Morgan...
The unmistakable undertone of many of the conversations I have daily is that Americans are a people whose time has come and gone. Asian policymakers tell me of the need to diversify their economies away from the U.S.; corporate leaders talk of building new businesses in other emerging markets; economists...
We see that tendency to divide ourselves into identity groups in places all over the world, it seems, whether it's by race or religion or political view. Is it simply human nature? I just reject that argument. People in Whitopia would say, "Hey, Rich, birds of a feather flock...
Most will raise rates - but one very conspicuous central bank is unlikely to follow suit. With the U.S. jobless rate at 9.8% and still rising, the U.S. Federal Reserve cannot risk a rate increase anytime soon, despite the danger of inflation. Raising rates would add to the burden on U.S...