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Business and Money Archive

March 12, 2007
Crash Insurance

Last week’s Dow collapse wasn’t really about China or a recession. It was plain old slow growth. Biotech stocks are one remedy.

February 12, 2007
The Bush-proof Portfolio

The president’s foolhardy foreign policy and wanton spending have investors fleeing to foreign exchanges. It’s time to join them.

February 12, 2007
Snakes in the Garden

It seemed a good match: on one side, old-fashioned oligarchs looking to modernize Wal-Mart’s image; on the other, the big-city types who could make a fortune doing it. By the time it was over, a Madison Avenue heavy had been summoned to Arkansas to answer questions about his splashy lifestyle, and nobody was happy except the lawyers.

January 8, 2007
Lucky 2007

An equity shortage, a new M&A boom, a weak dollar, and lower interest rates point to another year of big winnings on Wall Street.

January 8, 2007
The Brain in Thain

The man who’s revolutionizing the New York Stock Exchange is a shrewd, calculating technocrat who turned its iconic trading floor into a machine—but he’s also the affable mensch who is managing to persuade the traders to go along with their own extinction.

December 25, 2006
Because Daniel Goldstein Can’t Be Bought, Not Even With Bruce Ratner’s Millions

“We’re not cranks, unless letting powerful people do whatever they want, without any public review or regard to law, makes you a crank. That sounds more like a citizen to me—a New Yorker,” Goldstein says.

December 25, 2006
Because Happy Days Aren’t Just Here Again. They’re Gonna Stick Around for a While

This year, the Dow Jones cleared the 12,000 bar for the first time, the Standard & Poor’s 500 climbed to five-year highs, and the city’s unemployment rate hit a 30-year low. That’s nothing. Wait until you see what’s going to happen next.

December 25, 2006
G-Man Looks to Privatize

NYSE sure looked nice.

December 11, 2006
The Tipping Pointer

To figure out how much you should give, it helps to know what other people are giving. We surveyed 60 workers in New York’s service sector about what they’ve gotten in the past and what they’re expecting this month.

November 27, 2006
Attention, Wal-Mart Shoppers

The real problem isn’t the global megaretailer’s rapacious image. It’s the company’s flagging business fortunes.

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