By Walker Simon Walker Simon – Sun Nov 29, 6:43 pm ET
CARACAS (Reuters) – Venezuelan President Hugo Chavez said on Sunday he could nationalize private banks unless they comply with the law, adding he had “no problem with that because the banks don’t want to extend credit to the poor.”
In a broadcast from nationalized farmland [...]
Sunday, November 29, 2009 12:06 PM
BAGHDAD — Turning on their TVs during the long holiday weekend, Iraqis have been greeted by a familiar if unexpected face from their brutal past: Saddam Hussein.
The late Iraqi dictator is lauded on a mysterious satellite channel that began broadcasting on the Islamic calendar’s anniversary of his 2006 execution.
No one [...]
America has a tradition of immigration. Author Roy Beck stops by Capitol Hill to get the reaction of people after they learn how America’s great tradition compares with immigration today.
Sunday, November 29, 2009 5:21 AM
WASHINGTON – The 60 votes aren’t there any longer.
With the Senate set to begin debate Monday on healthcare overhaul, the all-hands-on-deck Democratic coalition that allowed the bill to advance is fracturing already. Yet majority Democrats will need 60 votes again to finish.
Some Democratic senators say they’ll jump ship from [...]
CHICAGO – Shoppers who endured long lines and sometimes-frigid temperatures spent only slightly more during their Black Friday shopping sprees than they did last year, according to data released Saturday by a research firm.
At the same time, their pajama-clad counterparts, a much smaller group that accounted for only a fraction of overall sales, shopped online [...]
Justice Dept. Says Acorn Can Be Paid
By CHARLIE SAVAGE
WASHINGTON — The Justice Department has concluded that the Obama administration can lawfully pay the community group Acorn for services provided under contracts signed before Congress banned the government from providing money to the group.
The department’s conclusion, laid out in a recently disclosed five-page memorandum from David [...]
By Shannon Zimmerman
November 25, 2009
I’ve been surveying the Fool’s premium service scorecards, analyzing a universe of stock recommendations that ranges from go-go growth companies to the comparatively buttoned-down dividend payers that the team at Income Investor selects for its members each month. And Income Investor is one service that I think deserves especially close scrutiny over [...]
Gordon G. Chang, 11.20.09, 12:01 AM ET
“The continuous depreciation in the dollar and the U.S. government’s indication that, in order to resume growth and maintain public confidence, it basically won’t raise interest rates for the coming 12 to 18 months, has led to massive dollar arbitrage speculation,” said Liu Mingkang, China’s chief bank regulator, [...]
Robert Lenzner, 11.20.09, 7:13 PM ET
Odds are the huge rebound since March has run its course. And even though it yields nothing, it’s time to raise cash.
Nothing is screamingly cheap. The easy money has been made in both equities and fixed income. From the low point in March, it seems you can’t pick an [...]
Stuart Saft 11.19.09, 4:00 PM ET
The commercial real estate market is on its last legs and unless drastic actions are taken, the effects on the broader economy will be catastrophic. The obvious problem is the excessive amount of debt placed on the properties and the amount of debt that has to be refinanced during [...]