Get too many traffic tickets or drunk-driving convictions and your driver's license is taken away. Break the law repeatedly, and you suffer the consequences. It's that simple.
At least for one day, after years of milquetoast responses to financial depredations, the Securities and Exchange Commission finally can boast that it's doing God's work again.
Jack Nicklaus had it right. He saw it coming. Not the car crash, gal pals, text messages and subsequent marital ugliness, mind you.
There have been whispers, or maybe it's just wishful thinking, that the Federal Reserve might buy more long-term bonds,
For a few minutes on July 6, 2000, time stood still for many in South Africa, Africa and the African diaspora.
I'll say it at the outset: Focusing on the yuan-dollar rate is a serious distraction, and it's time for the U.S. to back off from bashing China over problems that are born mostly at home.
We waited for ages for China to move on the yuan. When it did, the dollar-yuan rate zigzagged and ended pretty much where it began. The few tiny morsels were barely enough to whet your appetite.
A South Carolina toll road's Chapter 9 filing last week is just the third municipal bankruptcy this year, suggesting that states and municipalities may be emerging from the recession.
Once perceived as a fortress built on low leverage and strong cash flows, BP Plc seems to have managed its balance sheet much the way it ran exploration projects — dangerously.
In the Polish village of Klempicz, less than an hour from the German border, Lech Wojcieszynski is hoping to bring the first atomic reactor to his country, overcoming the Chernobyl disaster's legacy.