Finance Geek

Follow The Daily Ticker on Facebook! Pretty much anything is legal in Nevada, so it’s no surprise that the state has become the first in the nation to issue a license to Google (GOOG)to operate its self-driving cars. These cars, you will recall, have been under development for years. And now they have passed a [...]

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Apple’s (AAPL) stock has pulled back sharply in recent weeks, falling ~10% from a high of $645 to $570. This is in part due to the spectacular moonshot the stock enjoyed during the fall and winter, when it blasted from $400 to nearly $650. Apple’s stock has often sold off after moves like this, and [...]

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Follow The Daily Ticker on Facebook! The revival of the U.S. auto industry is a huge economic story and a major issue for the Presidential campaign, especially in the Midwest. On Monday, presumptive Republican candidate Mitt Romney was in the ultimate swing state, Ohio, and spoke directly to the issue of the auto industry’s revival. [...]

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Follow The Daily Ticker on Facebook! The U.S. economy is better off than it was in 2008, although you wouldn’t know it from what you hear on television. It’s a misperception that Dan Gross, co-host of The Daily Ticker and economics editor at Yahoo! Finance, aims to correct in his seventh book, “Better, Stronger, Faster.” [...]

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Follow The Daily Ticker on Facebook! The presidential election is well under way but as President Barack Obama tries to position himself as the defender of the middle-class who will protect the 99% against corporate malfeasance and too big to fail banks, he may find himself in a precarious position. His record does not necessarily [...]

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New York Magazine was kind enough to ask me to write a big story on Mark Zuckerberg and Facebook to celebrate the company’s long-awaited IPO. The story’s out now, and you can read it here. Here are some key points: Most people still think of Mark Zuckerberg as a sort of an idiot-savant — a [...]

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Follow The Daily Ticker on Facebook! Global markets shuddered Monday after election results in France and Greece raised yet more questions and concerns about the future of the Eurozone. Major markets in Asia fell by more than 2% overnight, oil prices tumbled and equities in Europe and the U.S. headed south in the initial reaction [...]

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Follow The Daily Ticker on Facebook! The health of the financial system was one of the big items on the agenda at the Milken Institute Global Conference in LA last week. In the accompanying video, I discuss the state of the banking industry - and bank regulations - with two renowned experts: Chicago Booth professor [...]

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Follow The Daily Ticker on Facebook! The $1 trillion student loan crisis will be a top priority for President Obama and senior administration officials this week. The president will discuss ways to prevent undergraduate subsidized loans from doubling July 1 with student government leaders from across the country on Monday. Vice President Biden meets with [...]

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Follow The Daily Ticker on Facebook! There have been a number of high-profile cyberattacks on multinationals in the last few years, including Lockheed Martin (LMT), Northrop-Grumman (NOC), Sony (SNE), Google (GOOG) to Visa (V) and Mastercard (MA), among others. (See: Cyberattacks: A National Security Threat Largely Being Ignored) A new, first of its kind report [...]

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Follow The Daily Ticker on Facebook! April’s employment report was disappointing, with only 115,000 jobs added vs. the consensus for 160,000. Upward revisions to the prior two months and a slight dip in the unemployment rate take some sting out of the headline disappointment but the labor participation rate fell to 63.6%, its lowest level [...]

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Follow The Daily Ticker on Facebook! Legions of Berkshire Hathaway investors, Warren Buffett acolytes and news organizations (including Yahoo!) will converge in Ohama, Nebraska this weekend for the company’s annual shareholder meeting. “Woodstock for Capitalists,” as the widely-attended event has come to be known, offers attendees the opportunity to get a glimpse of perhaps the [...]

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Follow The Daily Ticker on Facebook! Over the last four years, central banks around the world have flooded the financial system with money using a creative mix of monetary policy tools. Many, like Dallas Fed President Richard Fisher, argue central banks have gone above and beyond the call of duty. Others argue the opposite, and [...]

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Follow The Daily Ticker on Facebook! Is the U.S. economy heading for another ‘Spring Swoon’? That’s the question a lot of economists are wondering — and worrying about — ahead of Friday’s critical April jobs report. Thursday brought another round of economic data confirming the economy is downshifting, the big question is how fast. Most [...]

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Follow The Daily Ticker on Facebook! The Daily Ticker headed to Los Angeles this week to cover the Milken Institute’s annual Global Conference where many of the world’s most influential investors, economists, CEOs, innovators and policymakers met to discuss some of the most imminent and dire problems facing America and the world. For a change [...]

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