Money

What is truly needed is more socialism at the top, and less at the bottom. Instead of raking in huge salaries, upper management should distribute some of their wealth toward wages and other benefits of the workforce and lower cost of goods and services.

Marshall Goldman, a long-time student of Russia, says energy wealth and control over export pipelines have made Russia more powerful than at any time in its history.

On Monday, Sumner Redstone fired Viacom’s CEO, Tom Freston. Yesterday, Viacom announced that its Board of Directors had appointed Philippe Dauman President and CEO and Thomas Dooley Senior Executive V.P. and Chief Administrative Officer (a newly created position).

Pilgrim’s Pride (PPC) has publicized its offer to acquire smaller rival Gold Kist (GKIS) for $20 per share. The offer values Gold Kist at roughly $1.16 billion including the assumption of $144 million in debt.

The average price of gasoline has now reached an all time high in the United States at $3.03 per gallon. Higher even than in the Hurricane Katrina aftermath.

When Bill Clinton ran for the Presidency in 1992, his platform was basically, it’s the economy “Stupid”. When we look at the state of the American automobile industry, we believe both companies are on the wrong track.

There have been several articles recently discussing the strong possibility that the term “Google” will make it into the 11th edition of the Merriam-Webster Collegiate Dictionary as a verb.

With Italy's socking win to become the world's best soccer team, it seems prudent to discuss something that is not usually connected with soccer: the economy.

Several times each month I am solicited by various market touts who have a newsletter service, faxes or emails they are willing to send me to make me rich. That sure is nice of them.

European Union regulators have fined Microsoft Corporation $357 million for failing to share programming code with its rivals, as demanded by a 2004 antitrust ruling.

The stock market hasn’t been making anyone any money for a while so the best place to put your money now is in real estate – not.

As long as the Fed continues to print worthless "dollars" gold will be a buy.

The 2006 World Cup will see millions of soccer fans descend on Germany for four weeks of football madness. In that time each visitor is expected to spend around $400 (U.S.) a day. In the run-up to the games, stadiums have been improved and roads built, giving another boost to a German economy that has seen five years of stagnation.

There is more than enough fundamental analysis to keep an investor occupied; so, he shouldn't devote any time to technical analysis.

China’s expanding economic presence in Africa is proving to be a mixed blessing, spurring growth on the one hand and squeezing out local competition on the other.