About Us | Contact Us
May 22, 2012 2:36 AM EDT

Top Stories

Asia Markets: Asia stocks rally, with resource, tech shares up

Asia stocks rally, tracking overnight gains in the U.S., with many indexes up 1% or more as resource and tech shares help lead the advance.



Currencies: Dollar edges back up as euro slips

The dollar resumes a path higher on Tuesday after taking a leg down in the prior session.



Bill Mann's Canada: Canadian Pacific proxy fight a turning point

The stockholder showdown at Canadian Pacific Railway’s annual meeting, which led to the ouster of the railroad’s top two execs, marked an important turning point in the way Canadian corporate board members are likely to deal with impatient stockholders, especially the major ones.



Where the stock and bond bargains are hiding

Both the safest and the riskiest assets are overbought. Jack Hough hunts for the best deals in the middle.



Paul B. Farrell: How Facebook could destroy the U.S. economy

Global economy-killer? Yes, Facebook joins my list of global macroeconomic triggers (deadly unpredictable Black Swans like the dot-coms in 2000, subprimes in 2008) that the denial system driving the collective brain of American investors will simply tune out, till it’s too late. Till a crash takes the economy down again.



TaxWatch: Are tax-free education accounts right for you?

Is it still a good idea to put money into specialized accounts that avoid taxes, but don’t provide a current tax deduction? Section 529 plans and Coverdell Education Savings Accounts come with penalties and restrictions on the use of the funds. With today’s rate of return, would you be better off with unrestricted savings?



Rex Nutting: Obama spending binge never happened

Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree. In fact, government spending is rising at the slowest pace in nearly 60 years, writes Rex Nutting.



Irwin Kellner: Better red ink than dead economy

For the second time in two years, the U.S. economy is in danger of being unable to borrow money to meet its obligations. But politicians should remember that red ink is better than a dead economy, writes Irwin Kellner.



Mark Hulbert: Leading indicators of a market top

If the bull market came to an end earlier this month, it will go down in history as a particularly unusual market top, reports Mark Hulbert.



David Weidner's Writing on the Wall: Facebook is nothing but embarrassment

Facebook is the social network that taught us to overshare and humiliate ourselves. So, why should we be surprised that’s the exact lesson it taught Wall Street?