Killer Charles Manson: “Obama Slave of Wall Street..”

President Barack Obama is "a slave of Wall Street," the diminutive cult leader said by telephone..

Source: http://latimesblogs.latimes.com

A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort. Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are... FULL STORY

Bloomberg: The Fiscal Cliff Will Drive the U.S. Into Recession

House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the "fiscal cliff." FULL STORY

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot. FULL STORY *Compared to almost every other rich country and almost every other financial crisis.

Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

Dow tumbles 240 points to seven-week low

Stocks sold off Tuesday, with the Dow Jones industrial average sliding more than 240 points to a seven-week low following a slew of disappointing earnings. FULL STORY

First trader to be wiretapped pleads guilty in NYC

The first securities trader to be wiretapped by federal authorities in an investigation that resulted in more than two dozen arrests..

Source: www.boston.com

What Happens If Steve Jobs Leaves?

Yesterday, it was announced that Apple does indeed have a succession plan, but it won't be made public, for fear that the company could see executives being..

Source: www.benzinga.com

Dow Breaks Its 'Win' Streak .

The Dow Jones Industrial Average posted its first down session of the year on Thursday, as retail and telecommunications shares lagged and euro-zone debt worries resurfaced...

Source: www.wsj.com

Consultant in Trading Probe Admitted Selling Secrets

An investment consultant pleaded guilty this month to obtaining and distributing inside information involving Marvell Technology Group...

Investors Bolt The Dollar, for the EURO

Investors bolted the dollar for the euro, sterling and other higher-yielding currencies, concerned that the Federal Reserve's bond-buying...

Fed officials disagree on more easing

Federal Reserve officials on Wednesday disagreed on what should prompt more support for the economy and what impact more asset purchases could have....

Global stock underwriting down 9 percent so far this year

Global stock underwriting proceeds have slipped nine percent so far this year as investors prove less willing to take risks amid an uncertain economic recovery...

Fed boss says plodding economy still needs help

The economy is recovering from a deep recession more slowly than anticipated and still needs help from the Federal Reserve..

Wall Street Week Ahead: Stocks eye strong September finish

Stock investors will head into next week wondering if September will end as strongly as it began for the market, with manufacturing and personal income...

Wall Street critic Warren to shape consumer watchdog

President Barack Obama named Wall Street critic Elizabeth Warren on Friday to oversee creation of a new consumer financial protection agency...

Bailout anger may hamper U.S. in future crisis: panel

Public anger over the U.S. Treasury's $700 billion bailout program may hamper the government's ability to respond to a future financial crisis....

European stocks, euro rally on bank reform

European stock markets and the euro rallied on Monday after central bankers and regulators agreed new rules to strengthen banks' reserves to help avert...

IMF says risks to global growth have intensified

The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets...