Apr 23, 2014
An odd headline caught my eye on Bloomberg last week: "U.S. Warns Money Managers of More Russia Sanctions." It seems Obama administration officials met with mutual fund and hedge fund managers to "explain" its planned moves against Russia.
Apr 16, 2014
As expected, Russian President Vladimir Putin is still rattling cages in Ukraine. Also as expected, the United States and European Union can't do much to stop him. The Russian president's strategy is delivering exactly what he wanted: higher energy prices.
Apr 9, 2014
Michael Lewis has two valuable attributes. He knows Wall Street's soft spots, and he has excellent publicists. Last week he used both to unveil his new book on automated high-frequency trading, Flash Boys. The media coverage sent certain human traders into convulsions.
Apr 2, 2014
Last week, Facebook (FB) founder and CEO Mark Zuckerberg spent $2 billion to buy virtual reality startup Oculus VR. I think the Oculus technology is interesting, but the company's financial evolution is even more so.
Mar 26, 2014
A few months ago, most Americans had never heard of Crimea. Now the little Black Sea peninsula's ownership is a global issue. Ukraine questions are dominated President Obama's foreign trip this week.
Mar 18, 2014
America is an entrepreneurial nation. If we ever escape from the current moribund economy, it will be because small business owners prospered and created good jobs with decent wages. The large Wall Street and Main Street corporations obviously don't want to help.
Mar 12, 2014
Vindication is always nice. Last year I explained in this column why General Keith Alexander should lose his job as National Security Agency (NSA) director. I figured Edward Snowden would agree — and this week he did. I heard him myself.
Mar 5, 2014
If you think American bill collectors are rude, try stiffing the Russians. Ukraine owes billions to Gazprom, Russia's state-owned natural gas giant. Vladimir Putin kindly allowed cash-strapped Kiev some extra time.