| Oct 11, 2013
| 12:47 PM
That's the question raised by James Grant in a Washington Post op-ed, and his answer -- as anyone who knows Grant might expect -- is yes.
His real point is that it happens all the time, in a way, and will inevitably happen in the future. "On the...
| Oct 9, 2013
| 10:50 AM
There is much to praise in President Obama's nomination of Janet Yellen as Federal Reserve chair. She's a superbly qualified economist with an excellent eye for emerging trends.
Yellen wasn't alone among Fed governors in predicting the coming...
| Oct 8, 2013
| 1:57 PM
That is: "Insane."
And "ideological extremists."
At his press conference Tuesday, President Obama described the budget standoff in terms as stark as any he has used since the outset. He needs to get even angrier and more...
| Dec 8, 2013
| 5:00 AM
Dear Liz: I will be inheriting around $300,000 over the next year. My instincts are to pay down debt with this money. I have two homes and for practical reasons need to keep them. One home has a $260,000 mortgage balance at 5%. The other has a $130,000...
| Dec 16, 2013
| 2:00 AM
City officials on Monday will consider issuing $35 million in bonds for the massive Harbor Point development — among the final steps before construction can begin on the $1.8 billion waterfront project.
Such bond issues by the city's Board of...
| Dec 18, 2013
| 5:52 PM
NEW YORK — The long-feared tapering of economic stimulus by the Federal Reserve powered the stock market to its latest record high as investors rejoiced at the prospect of stronger growth next year.
The Dow Jones industrial average catapulted...
| Dec 25, 2013
| 2:30 AM
Wrapping up the year in one column is tough, but let's give it a try. Although the financial industry likes to think that the center of the universe is located somewhere between lower Manhattan and the hedge fund enclave of Greenwich, CT, most of 2013 was...
| Feb 17, 2014
| 2:30 AM
Kiplinger's Personal Finance
Looking back five years since the stock market bottomed out, you could glean a lesson or two from the stock market's plunge and subsequent recovery.
By March 2009, few investments had come through the...
| Feb 19, 2014
| 10:19 PM
Sen. Dianne Feinstein (D-Calif.) offered a full-throated defense of the government's collection of data on billions of American phone calls, saying Wednesday that the National Security Agency’s practices have safeguarded the nation without trampling...
| Feb 22, 2014
We know where the time has gone, so stop asking. Where has the money gone?
Let's try to minimize regret, and maximize assets, in 2014 with some basic guidance from Don Taylor, a financial columnist for Bankrate.com who is also a financial planner with a...
| Feb 21, 2014
| 10:30 AM
Detroit hopes to emerge from bankruptcy this year in part by significantly cutting city workers' pensions and payments to bondholders, according to a blueprint filed Friday to restructure the city's $18-billion debt.
Detroit is to invest $1.5 billion...