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Midcentury-Loving Couple Makes a Time Capsule in Oakland

Photos by Patricia Chang ? You could say that Julian Goldklang and Desiree Myers started furnishing their unique round house in Oakland years before they ever laid eyes on it. As the owners of Mid Century Møbler in Berkeley,...

Guy Who Moved the Rams to L.A. Buys $725M Ranch

What do you do after you move a football team to Los Angeles, becoming the most hated man in your home state of Missouri in the process? Apparently, you buy a $725 million ranch in a different state. That...

Disney CEO Bob Iger Isn’t Going to Take Bull from the Street

The long-serving CEO isn't buying Wall Street's jitters about the company's performance

Beckworth and Ponnuru on 2008

(February 10, 2016 09:48 AM, by Scott Sumner) David Beckworth and Ramesh Ponnuru have produced some excellent pieces on the mistakes made by the Fed in 2008. Here's an excerpt from their latest: Krugman thinks the behavior of long-term real interest rates contradicts our thesis. They rose in... (0 COMMENTS)

The Forbes 2016 Retirement Guide

Whatever your age or notion of retirement, there's advice here for you, with articles on second careers, target date funds, retirement income and building a tax free Roth nest egg.

LIVE: Janet Yellen testifies to the House Financial Services Committee

Federal Reserve chair Janet Yellen is testifying on the economy before the House Financial Services Committee this morning. Her prepared remarks released earlier showed that the Fed is watching developments in markets and the economy...Show More Summary

When A 401(k) Loan May Make Sense

One of the things that I hear from personal finance experts (and even from myself fairly often) is that you should never borrow from your 401(k) plan. After all, the money you borrow is no longer earning anything for you and if you leave your job, you may owe taxes [...]

Ocado's tech chief gave us an inside look into how it plans to revolutionise the world with automation and robots (OCDO)

Ocado isn't just an online delivery company — it is also one of Britain's most exciting tech firms. The company posted an impressive set of numbers earlier this month, with profits soaring 65% year-on-year and gross revenue rising by...Show More Summary

BMW just fell behind Mercedes and Audi in sales

Mercedes-Benz sold more than 150,000 luxury cars worldwide in January. This represents a 20% jump in sales over the same month in 2015. "We continued the positive development of record year 2015 in January, and started the new year successfully,"...Show More Summary

One of the most reliable recession indicators may no longer be reliable

Economists have long sought to find the magical indicators that foretell an economic recession. After crunching through all the data, some have argued that there two indicators that stand above the rest: the yield curve and a broad index...Show More Summary

Billionaire Steve Cohen bankrolled ads slamming John Kasich for being a Wall Street banker

Here is a bit of a look into where all this Wall Street political money is going. Up to last night's primary, political ads slamming presidential candidate John Kasich for his time working at Lehman Brothers were showing in New Hampshire. Those...Show More Summary

Faraday Future's plan to build a car factory in Nevada may have hit a $1 billion roadblock

Electric-car company Faraday Future and the state of Nevada appear to be hitting some gridlock. The two entities announced an agreement late last year to build Faraday Future's first manufacturing plant in Las Vegas. Chinese billionaire...Show More Summary

Carlyle unveils $200 million share buyback, fourth-quarter earnings miss forecast

NEW YORK (Reuters) - Private equity firm Carlyle Group LP unveiled a $200 million share buyback plan on Wednesday as it posted weaker-than-expected fourth-quarter earnings amid volatile financial markets. Carlyle's economic net income...Show More Summary

Sorry Obama, green power’s on hold

A divided US Supreme Court blocks President Barack Obama’s sweeping plan to cut emissions from power plants. ||| Washington - A divided US Supreme Court blocked President Barack Obama’s sweeping plan to cut emissions from power plants,...Show More Summary

Building more houses is only part of the remedy for high prices

I WANT to hammer home a point that we made in a piece a few weeks ago. Whenever economists talk about the British housing market (which by some measures is the world's most expensive except Monaco) they will have a simple solution to bubbly prices: build more houses. Show More Summary

BP's Stunning Warning: "Every Oil Storage Tank Will Be Full In A Few Months"

It was just last week when we said that Cushing may be about to overflow in the face of an acute crude oil supply glut. “Even the highly adaptive US storage system appears to be reaching its limits,” we wrote, before plotting Cushing capacity versus inventory levels. Show More Summary

Weak Bounce Wednesday - Dammit Janet, We Need You!

"The Future is ours so let's plan it If there's one fool for you then I am it I've one thing to say, and that's Dammit Janet, I love you!" Will Janet Yellen love us back today? We'll find out if she still has the touch when she gives...Show More Summary

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