Recent Posts

Disney investors show incredible faith

There are no fireworks over Cinderella Castle these days, and yet investors remain captivated by Walt Disney Co. Are they caught up in fantasy? The whimsical palace overlooking Disney’s Magic Kingdom in Orlando, Florida, has long stood as a symbol of the company and its status as both a source of enchantment and an impenetrable fortress in the entertainment world. ...

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Big Tech’s $5 trillion reckoning has to start

It’s finally here. After an investigation that lasted more than a year, a US House antitrust subcommittee has come up with a robust game plan to rein in the biggest tech giants. In a report, the panel accused Amazon.com Inc, Apple Inc, Facebook Inc and Google parent Alphabet Inc — whose collective market value is more than $5 trillion — ...

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Fed is right: Stimulus can’t wait post election

President Donald Trump has told his team to stop discussing a new stimulus package until after the election. He should pay closer attention to what Jerome Powell said to the National Association for Business Economics a few hours before. Without additional fiscal stimulus, Powell warned, the economic recovery might very well falter. What the Federal Reserve chairman called “normal recessionary ...

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