Jul 26 Is a Stockbroker Better Than a Dart-throwing Monkey? Question: I have heard that the actual return on investment (after fees) using a stock broker is usually less than investing in an index fund and about the same as amateur investors or even a monkey throwing a dart. Is… Continue reading
Jul 26 President Obama Urges Senate Action on Campaign Finance Disclosure President Obama spoke in the White House Rose Garden Monday to urge the U.S. Senate to join the House of Representatives in passing the DISCLOSE Act -- aimed at making political advertising more transparent after the Supreme Court's… Continue reading
Jul 26 BP Could Begin Final Oil Well Kill Procedure Next Week By Lea Winerman BP could begin taking the final steps to try to kill its blown-out oil well in the Gulf of Mexico as soon as next week, Coast Guard Adm. Thad Allen said Monday. Allen gave the most specific timeline yet for… Continue reading
Jul 26 Monday: Thousands of Documents Leaked on Afghan War; BP Eyes Leadership Shift More than 90,000 classified U.S. documents detailing the war in Afghanistan have been published online by the whistle-blower group WikiLeaks, offering a newly detailed window of insight into the U.S. military's struggle to confront the Taliban and the… Continue reading
Jul 26 The Morning Line: Leaked Afghanistan Field Reports to Shape Political War Debate At Home By Terence Burlij The release of 92,000 classified reports by the website WikiLeaks paints a familiar and bleak picture of just how difficult and convoluted achieving success in Afghanistan will be for the American military. These reports will shine a bright light… Continue reading
Jul 25 Despite Skeptics, Feinberg Enthusiastic to Put $20B Oil Disaster Fund to Work BAYOU LA BATRE, Ala. | At 7 a.m. Saturday, Kenneth Feinberg stood in front of a standing-room only crowd at the municipal building in Bayou La Batre, Ala., and told people "I am your lawyer." He didn't get… Continue reading
Jul 24 Crews Return to Kill Oil Well as Tropical Storm Bonnie Fizzles With Tropical Storm Bonnie downgraded to a tropical depression, a drilling rig and ships associated with the effort to kill the leaking Gulf of Mexico oil well reversed course Saturday when the weather forecast improved. "We are going to continue… Continue reading
Jul 23 Exploring Spain's Underground Economy (Watch a larger version of the video.) ]> Editor’s Note: Tonight on the NewsHour, Paul Solman wraps up his reporting from Europe with another look at Spain’s economic woes, which include a 20 percent unemployment rate. In the Web… Continue reading
Jul 23 Can Individuals Lend to U.S. Companies? Question: I watched your presentation on the small business credit crunch on June 21. I have funds getting less than 1 percent interest and would love to lend to a robust, expanding business that needs cash. If I can… Continue reading
Jul 23 Scientist Studies Oil Dispersant's Effects, Methane in the Gulf On Thursday's NewsHour, Spencer Michels reported on the ongoing controversy over the use of chemical dispersants in the Gulf of Mexico. BP has sprayed nearly 2 million gallons of dispersant -- mostly a brand called Corexit -- into… Continue reading