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Elizabeth MacDonald Archive

  • Pimco's Gross: Irrational Exuberance, the Sequel

    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.

  • Jump in Gas Prices Fueled By Taxes

    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.

  • Big Banks, Treasury Against New EU Tax

    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.

  • Higher Minimum Wage, Higher Unemployment?

    Published February 13, 2013

    Business and worker advocacy groups are in an uproar over President Obama's proposal to hike the minimum wage.

  • Democrats: Spending Cuts to Slam Economy, Sandy Victims

    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. 

  • Why the Markets Ignore CBO Forecasts

    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.

  • Equity Fund Inflows Hit Dotcom-Era Levels

    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.

  • Hospital Video Mocks Patient Care Under Health Reform

    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.

  • Stocks Could Hit New Highs Amid Bull Run

    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.

  • The Curious Case of the SEC vs. Egan-Jones

    Published January 22, 2013

    There is a curious history to the Egan-Jones matter, one that raises the issue of government retaliation.