Word: nothingness
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It seems counterintuitive to suddenly, during a recession, charge a premium for a magazine that others get for nothing - without putting, say, a Treasury bill in each newsstand copy. Not to mention pulling such a move while competing with all the financial advice that's sitting there gratis on the...
Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) had better-than-expected earnings. The banking sector was supposed to spend the balance of this decade feeling around in the dark and finding nothing but more bad assets and little revenue from what had been an investment banking goldmine fueled...
In addition to that, the average number of people applying for unemployment benefits is not improving, and on a rolling average, the figures are getting worse. It is one statistic where the idea of the progress of the problem slowing means nothing. Another person out of a job is a...
In the short run, CIA morale will be hurt by yet another investigation. But at the same time it will force the agency to take a much needed honest look at its reporting on al-Qaeda. One memo notes that in 2004 the CIA obtained half of its reporting on...
Meanwhile, a flurry of polls find the once popular Royal now badly trailing most Socialist Party leaders as the best person to take Sarkozy on for the presidency in 2012. But that, French political analysts agree, is precisely why Royal has chosen such an explosive method of reacting to Sarkozy...