12/18/2009
Not Another Budget Commission! -- What could it possibly accomplish? (Source: Forbes.com)

How the IRS sort-of-saved Citi -- The US tax authority exempted the Citigroup, and some other bailed-out companies, from rules which would otherwise have led to the troubled bank losing $38bn worth of tax credits. (Source: Financial Times)

Suddenly, safe haven Treasurys get tricky -- The flight-to-safety crowd could be in for a bumpy landing. (Source: Fortune)

Smile. The Economy Isn't in a Second Depression -- Don't get too angry over bailouts, that sort of rage could prevent a sustainable recovery (Source: BusinessWeek)

An invisible threat to home values -- If you're living in or hunting for a house in an attractive neighborhood, take a closer look. If other folks are facing foreclosure, you'll pay the price in lost property value. (Source: MSN Money)

Latest News

GM Will 'Wind-Down' Saab - General Motors Co. said it will put money-losing Saab on the chopping block after talks collapsed on a sale to Spyker Cars NV. The shut down affects about 3,400 employees globally and 1,100 dealers, including about 218 in the United States.

Five lessons that GM can learn from the Saab debacle

The fun restaurant review site Yelp may be the next property to join the Google (GOOG) Empire. The world's most popular Internet search engine is in talks to acquire Yelp Inc. for more than $500 million.

What Users Are Saying About Yelp Being Eaten by Google

Why Google-Yelp Makes Sense

5 Downsides to a Google-Yelp Union

Carnival posts lower fourth-quarter profit - Carnival Corp & Plc (CCL), the world's largest cruise operator, reported a 48 percent drop in quarterly profit on Friday as lower ticket prices hurt revenue.

Morgan Stanley's (MS) outgoing CEO John Mack has