I often hear or read about the US dollar being strong or weak versus other currencies, but I never really know what that means, why I should care, or how it affects me. Instead of wallowing in my...

One of the reasons it's so important to get your personal finance world in order is that you can only control so much. But, control what you can and the unexpected won't hurt as much. I'm...

Gene Epstein, economics editor for Barron's magazine, has written a new book called Econospinning that promises to reveal "how to read between the lines when the media manipulate the...

In a move sending ripples through the corporate world Ford Motor Company announced that it will cut 25,000 to 30,000 jobs and idle 14 facilities by 2012 as part of a restructuring proposes to reverse...

Reports came out today that the U.S housing market is definitely slowing down. The U. S. Census Bureau says that builders started up only 1.933 million new homes last month, down from an expected...

Numerous sources reported the dismal performance of the employment market in the UK. Concerning the recent unemployment figures Britain?s Margaret Hodge, the Minister for Employment and Welfare, said...

Chart of the day gives us a look at how this market rally has compared with rallies of the past. The chart below plots all of the major rallies of the last 105 years. Each dot on the chart...

Let me look at the numbers here. G'Dubya cut funding for the Southeast Louisiana Urban Flood Control Project, or SELA, in favor of the Iraq war. The SELA project is/was projected to cost $744...

Reuters reports on a CNBC interview in which Warren Buffett acknowledges he took some lumps during the recent strength in the US dollar. However, he maintains a bearish outlook on the greenback. Far...

Hey Bob, now that Deep Throat has a face let's move on to more important things. Like a quick clarification. Which one were you referring to? While Stephen Roach doesn't come out and say it,...

They were piling on yesterday. It seems everyone has an answer to Chairman Greenspan's "conundrum" over the behavior of the yield curve. Yesterday we highlighted on answer to this...

Alan Greenspan continues to be mystified by the apparent interest rate "conundrum." How could long term interest rates be falling in the face of all the "heavy lifting" the Fed...

Anectodal evidence of the trouble in sourcing commodities and raw materials. Does China coming of age mean sustained inflation? Stories like this raise an eyebrow.......

Steady as she goes. I found this statement the most illuminating, given that many people believe the Fed may be done tightening now: The Committee perceives that, with appropriate monetary policy...