Beijing -- China's economy this year is expected to grow about 8 percent from last year, while inflation is held at 3 percent, Premier Wen Jiabao said Friday.
New York, February 2 -- Toyota Motor Corp. issued a public statement on Monday apologizing to all its U.S. customers for the recent recall fiasco.
You'll find them everywhere that retail sales numbers are
reported: "same-store sales." You might not think too much
about the term, but it's important to understand what it's
telling you.
"Never, ever think about something else when you should
be thinking about the power of incentives."
-- Charlie Munger
Recently, we answered the question, "If I had to buy a big
bank ..."
I've successfully scared the heck out of some of you with
predictions of
the dollar's looming demise.
"We simply cannot walk away from the worst financial
crisis since the Great Depression and not do everything in
our power to reform the system," Treasury Secretary Tim
Geithner said in a hearing in September in front of the House
Financial Services Committee.
After millions of borrowers learned the hard way how credit cards work,
change has come. Back in May, a bill was signed into law intending to
protect consumers from the dark, ugly world of borrowing money at high
interest rates.
Lehman Brothers was the linchpin, according to Simon
Johnson. "When you let Lehman Brothers fail, it brought down a lot of
other pieces of the financial system, including most prominently AIG (NYSE: AIG)," the economist said during a recent visit to Fool HQ.
According to a Prince and Associates survey conducted during the height
of the financial crisis, four out of five high-net-worth investors were
planning to take money away from their financial advisors. Surprised?
I'm not.
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