Category Archives: Uncategorized

Is the economy starting to become Obama’s friend?


We’re seeing some good economic news lately. Does it mean we’ve turned the corner with the economy?  I for one think we need to take the latest indicators with a grain of salt.  The latest economic figures (+325K jobs) are riddled with caveats,  including seasonal employment, end of year accounting adjustments.  Americans are still not spending, maxing credit cards to pay for gas and rent, and Europe remains one hot mess.

Toyota’s new hybrid car vastly outsells the Volt

New Toyota hybrid Aqua ½ the price of Volt and already has pre-orders 10X Volt sales this year.  What does that tell us about govt. ability to pick winners and losers?

Sears to close 120 stores


Sales have been slumping at Sears for the past 18 quarters.  Consumers are buying fewer higher ticket items, tough for a retailer known for appliance sales.   And Walmart’s new layaway program is taking a bite out of sales with low income shoppers. Even the Kardashian Kollection can’t save this retailer.

Are we better off than we were four years ago?

While we can’t exactly have Doc  Brown fire up the Delorean to change the past,  the last four years have provided valuable lesson for Americans.  Now more than ever we need leadership that is focused on creating jobs first and foremost.  Fox’s David Asman and the power panel discussed this and more on Tuesday’s Power & Money.

New York Times best of small business roundup gives two thumbs up to my latest column

Gene Marks of the New York Times recommends you shore up your personal finances pre start-up by reading my latest BusinessWeek column
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Are latest employment numbers a sign of recovery?


These days, we’ll take any good news we can get, but is the latest drop in unemployment a sign of a material shift?  Simple math says not.  If we are to keep the latest report’s pace for new jobs, that’s 120K created in November, it would still take 9 years to get the 13.5MM people without jobs new opportunities.   I discussed this and more with Neil Cavuto on Dec 3rd.

BusinessWeek: Get your personal finances in order before startup


Aspiring entrepreneurs preparing to start businesses will find that savings, credit access, and credit scores matter more than market research and investor presentations

Read my latest story for BusinessWeek

China is getting into the vaccination business


China has a dodgy history for quality control. Regardless, there is a great societal benefit from lowering to cost of certain drugs.  For example, A cure for polio was discovered more than 60 years ago, but in parts of the world thousands of people loose their lives to it.   It was a lively Power Panel with Democratic strategist Sascha Burns, Boxing promoter Bob Arum, Seventh Capital’s Monica Mehta and an always insightful David Asman.

Do unions have the right to force parents who receive medicare to care for handicapped kids at home to pay union dues?

Have unions gone too far? Fox Business uncovers a disturbing case in Michigan in which families that receive government assistance to care for handicapped kids at home find their medicare checks to suddenly include union membership dues to SEIU.  ‘Power & Money’ host David Asman talks about the effect of forced unionization in Michigan with Seventh Capital’s Monica Mehta, former Clinton advisor Jason Schechter and Tea Party 365 Sirius XM host David Webb.

Fox News: Retailers make holidays merry by offering sensational promotions for early birds


National Retail Federation predicts consumers will be spend less this holiday season. Forecasting declines, retailers get serious with promotions.  Discussed this and more yesterday with the always gracious Neil Cavuto on Fox News Your World.