What Lies Past October 17th? A Big Unknown, And That’s The Problem
If Congress isn’t able to reach a deal, the big problem going forward would be uncertainty.
Another Republican Debt Kamikaze
One Virginia Republican suggests that defaulting on our bonds wouldn’t be that big of a deal.
Dysfunctional Government Has A Real World Impact
The real world impact of what’s happening in Washington is becoming apparent.
Are The Markets Starting To Notice How Messed Up Things Are In Washington?
Signs that investors are starting to get nervous about the lack of action coming out of Washington.
Shutdown Hitting Private Sector As Defense Contractors Furlough Workers
The government shutdown is starting to have effects in the “real world.”
Obama Warns Wall Street On Debt Ceiling
President Obama had some potentially market-moving news for Wall Street.
Blackberry One Step Closer To Death
Once dominant atop the smartphone market, Blackberry seems to be counting out the days until its demise.
Starbucks CEO: No Guns In Our Stores, Please
Starbucks is kindly asking customers not to bring guns to their stores.
Younger Workers Don’t Use Phone
Managers want their employees to get off email and pick up the phone.
Japan’s National Debt Hits A Quadrillion Yen
Japan’s National Debt has reached a level that’s somewhat incomprehensible.
Ban Tipping, Improve Service?
Jay Porter banned tipping in his high end restaurant and found that customer service and profits improved.
New Owner Of The Washington Post: Print Newspapers Will Be Dead In 20 Years
For a guy who just bought a newspaper, Jeff Bezos wasn’t too optimistic about their future less than a year ago.
Washington Post To Be Sold To Amazon Founder Jeff Bezos
One of the nation’s papers of record is changing owners for the first time in 80 years.
New York Times Sells Boston Globe For 95% Loss
A business move that signals the continuing death of the newspaper industry.
Cents More for Big Macs Could Mean Thousands More For Workers
A negligible price hike of hamburgers might enable fast food outlets to pay their workers much better.
Despite Bankruptcy, Detroit Subsidizing New Red Wings Stadium
Detroit is bankrupt, but that isn’t stopping the Red Wings from getting $400 million in taxpayer subsidies for their new stadium.
Obama’s Pivot To The Economy: More Of The Same
As expected, President Obama’s latest “pivot” to the economy is less than meets the eye.
Obama’s Job Approval Numbers Take Another Hit
Another poll shows the President’s poll numbers dipping.
America’s One-Child Policy?
The high cost of raising children is making it difficult for many Americans to have multiple children.
Odd Headline of the Day: Golf Edition
Forbes wins the day with “Phil Mickelson Wins British Open—And California Taxes It.”
Fast Pass Nation
Those with the means can buy their way out of more and more of life’s inconveniences.
Bailing Out “Detroit” Didn’t Save Detroit, But It’s Not Clear Anything Can
Just as the auto industry has, painfully, had to learn to adapt to a new world, the city will as well even if that means becoming a shadow of its former self.
