Rogoff and Reinhart’s Mountain of Debt Warning Catches Fire
As market talk focuses on the dangers of the U.S. fiscal cliff, Kenneth Rogoff and Carmen Reinhart’s debt theory is catching fire with the nation’s investment strategists.
Obama on Fiscal Cliff: ‘I’ll Compromise,’ but Not on Taxing Top Earners
Addressing the looming fiscal cliff, President Obama said Friday that while he’s not “wedded” to every detail of the plan he put forward previously to reduce the deficit, he will not compromise when it comes to making sure the top earners pay their fair share.
Ahead of Election, U.S. Added 171,000 Jobs in October
Just four days before the presidential election, the BLS October jobs report showed unemployment notched up to 7.9% as employers added 171,000 jobs.
It’s Still the Economy, Stupid: TD Ameritrade Poll Ahead of Election
Retail investors named three issues as weighing heaviest on their confidence in the stock market, according to TD Ameritrade's Investor Sentiment Poll.
Ahead of Hurricane Sandy, Markets Shut Up Shop
Both the NYSE and Nasdaq were closed Monday due to the superstorm, though electronic trades continue on Arca, and SIFMA recommends bond market closure.
President Romney’s Cabinet: Who Would He Choose?
If Gov. Romney wins the election, his Cabinet will take a very different direction on economic policy than Obama’s. Here are some of the choices to head those key posts.
9 Crucial Eras in U.S. Income Tax History
Listen to Obama and Romney debate tax policy today and you'll hear echoes of the past, all the way back to the Civil War.
Kristol and Begala Trade Jabs, Jokes, Predictions With TD Advisors
On the left, Begala suggests taxes necessary because "we're broke!" On the right, Kristol says he was "wrong" to be lukewarm toward Romney.
8 Presidents, 1 Nominee and Tax Rates They Paid
The controversy over Mitt Romney’s limited disclosure of his tax history and the 14.1% tax rate he paid led AdvisorOne to compare his rate to eight presidents going back to 1970.
Taking Sides: Will Wall Street’s Generosity to GOP Continue?
In the 2008 presidential race, Barack Obama had a substantial edge over John McCain in raising money from Wall Street. That advantage has not only evaporated for the president in the current race, but has reversed dramatically.