One of the most common numbers you hear if you listen to stock forecasts is the "P/E ratio"--the price of the stock or market relative to the company's earnings. Sometimes, the P/E ratio can be very useful for getting a sense of whether a stock or market is cheap or expensive. At other times, however, the number can be highly misleading
The U.S. Treasury this week announced plans to retire $35 billion in notes , the first time the government has paid down debt since 2007. It’s a significant milestone for Treasury and $35 billion is a lot of money for mere mortals, but barely a drop in the $16.7 trillion bucket of our nation’s debt.
More good news on the housing market.
The Federal Reserve begins its two-day policy-making meeting today and not much news is expected, as has been the case ahead of many of the most recent meetings.
One of the big problems in the U.S. economy right now is that big corporations are generating record profits not by growing revenues but by cutting costs. "Costs," as everyone who works for a big corporation knows, are a synonym for employees, employee wages, employee perks, capital investment, and research and development
The United States government has had two years to head off automatic "sequester" spending cuts that most people agreed were unnecessary and almost everyone hated. But these days, the government doesn't do anything unless public anger hits such a state of fervor that Congress -- people actually begin to fear for their jobs.
Reports of the cupcake’s demise are premature. The popularity of the cupcake – an all-American sugary treat that comes in various (and delicious) fillings, frostings, and decorations – exploded in recent years with gourmet and artisanal shops popping up across the country. Cupcakes soon became a “trendy” and stylish dessert to indulge in and cable networks aired shows like Cupcake Wars and DC Cupcakes that helped fuel more demand for cupcakes
Netflix ( NFLX ) is on top of its game.
Netflix ( NFLX ) is on top of its game. With 29.17 million paid subscribers in the U.S., popular original programming and new licensing deals, the company seems unstoppable. There is one large problem that stands in Netflix’s way
In his previous best-sellers such as The Omnivore’s Dilemma, In Defense of Food and Food Rules, Michael Pollan examined America’s diet and summed up a very complicated issue in seven words: Eat food.