My Two Cents

There was no surprise that the Fed stayed pat on monetary policy at this week's Federal Open Market Committee meeting. Inflation remains the Fed's...

Some good news for homebuyers. The Wall Street Journal (you need to subscribe) has a story about Bank of America cutting fees on mortgage loans....

In The Economic Naturalist, a new book by Cornell University economist Robert Frank, he describes the concept of "opportunity cost" as one of the...

High-cost mutual funds are hazardous to your returns. If everything is equal low-cost funds will outperform high-cost funds simply because of the...

The implosion in the subprime mortagge market is a tragedy. It's terrible for those people that bought a piece of the American Dream with an opaque...

Rupert Murdoch's bid for Dow Jones (parent company of the Wall Street Journal) is a classic for him: Audacious and savvy. The offering price is ...

Remember when the 9% drop in China's stock market toward the end of February rippled throughout the global economy? Well, it turns out that was...

I was in New York on business last Friday. I ended up eating dinner at the Modern, the new restaurant at the Musem of Modern Art. I'm always in...

Christian Baha is hawking a fund of hedge-like funds for the people called Superfund. The Austrian-based Superfund offers 20 funds, two of them...

We've been getting more and more questions about reverse mortgages....