Elizabeth MacDonald Archive
Published February 28, 2013
Pimco’s Bill Gross says investors who believe double-digit market returns will continue are irrationally exuberant and warns they better lower expectations on all asset classes.
Published February 20, 2013
The price of gas in the U.S. has risen for 33 straight days, but don't look to speculators, the summer blend switch or refinery logjams. The big reason: taxes.
Published February 14, 2013
The Treasury Department and the biggest U.S. banking lobby are urging the EU to halt its push for a financial transaction tax, saying it will harm investors.
Published February 13, 2013
Business and worker advocacy groups are in an uproar over President Obama's proposal to hike the minimum wage.
Published February 11, 2013
A memo from Democrats on the House Appropriations Committee warns of the impact of mandated cuts to spending that may be right around the corner.
Published February 06, 2013
Analysts say the markets have been able to brush off the Congressional Budget Office's gloomy predictions about U.S. growth because the CBO has been consistently way off in its projections.
Published February 04, 2013
It's a stock move seen around the world -- January is the first monthly close that saw 18 global markets finish above their 20-month moving average.
Published January 30, 2013
A video leaked to FOX Business mocks how health reform can make more money for doctors and hospitals by preventing patients from being readmitted to hospitals.
Published January 28, 2013
The Dow Industrials have had their best start of a year in a quarter century and analysts say the markets could hit fresh record highs by the middle of 2013.
Published January 22, 2013
There is a curious history to the Egan-Jones matter, one that raises the issue of government retaliation.