Business and Money

Business and Money

What you need to know to navigate the economy and your career. Edited by Terry Ponick

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The University of Chicago and our candidates with their bold speech, have struck a blow for freedom of speech, starting what some would say is a long overdue reversal in the previously relentless advance of political correctness.

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Poverty has scarcely budged in 50 years; if you were born poor, your children will probably die poor. Why not vote Trump? You have nothing to lose but your chains.

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One thing is becoming increasingly clear. Like the rest of official Washington, the Federal Reserve has no clue about the current economy or the misery of the masses.

Waiting for Godot.

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Pharmas, biotechs selectively hammered, oil attempts to stabilize, but most traders await the Oracle of Jackson Hole, Wyoming.

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Clinton wants to raise the death tax, and Trump wants to abolish it. Nothing is certain but death, taxes, and ideological posturing over over who deserves what.

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Deadly slow trading, crude oil rally reversal, waiting for the Fed chair’s likely non-message transforms stock market into a red-ink meat grinder Wednesday as stocks fall, gold takes a hit.

As inevitable as death / Image: DonkeyHotey, used under Flickr Creative Commons license

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There are many good reasons why Donald Trump should continue refusing to release his tax records, among them, the dishonesty of the media and his own right to privacy.

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Campus political correctness has alumni ceasing to support their alma maters.

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S&P, Moody’s and Fitch rate bonds for safety and quality to determine investment risk. But after the Great Recession, are these ratings still reliable?

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Oil takes a tumble after last week’s big run-up, while Russian tanks rumble and a nervous German government tells citizens to stock up on food, water. Pfizer news prompts selling.

Top Photo Galleries


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53 years ago, at the feet of Abraham Lincoln, Martin Luther King uttered his most famous words "I have a dream ..."