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Blagojevich, reality TV star

Just when we thought that Saturday Night Live was the only television show Rod Blagojevich would ever star in, NBC throws us a curve ball. Really, Rod, really?! Joining the reality television star ranks of Paris Hilton and Flavor Flav, … Continue reading

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30-something investors are back at square one

The recession ruined older workers’ retirements, but also pulled the 401(k) rug out from under younger generations. Companies have done everything to stay afloat, from eliminating bonuses, freezing salaries, ending 401(k) perks, and cutting hours, to worst of all, cutting … Continue reading

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Fiat talking about walking

Fiat SpA’s CEO told Chrysler they are ready to walk unless the carmaker’s unions match the lower labor costs of Japanese and German carmakers here. Fiat gives Chrysler an ultimatum: lower the labor costs or we drive off. The partnership … Continue reading

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Leuthold: S&P 500 will rise to 1,100 this year

Don’t compare this recession to the Great Depression in front of Steve Leuthold. He says talk like that is ‘stupid.’ This bull is calling a major market bottom.  Leuthold says we will scrape the absolute bottom in May. From there, … Continue reading

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Obama, Bernanke give honest optimism

Obama and Bernanke say we are modestly making our way out of the mess now, though we’ll hit a few bumps. Today Obama gave a charmingly honest but optimistic speech about the state of the economy, recapping how the crisis … Continue reading

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