While the rest of the world is going through the agony of watching the events unfold in Eurozone basket case, with Moody's warning that it will cut the credit rating of other European countries …

The gold price has now soared to record levels, hitting $1900 an ounce, driven by fears of financial turmoil and investors looking to protect their wealth. Investors are worried about the talk of an…

You might think that a 140 character tweet doesn't have that much power but now we have evidence that it can move markets.According to this report, hedge fund Derwent Capital is using Twitter to…

Warren Buffett says it's time to tax the rich.In a New York Times Op Ed, the sage of Omaha says it's time Congress stopped coddling the super rich, pointing out that last year, he paid only …

Markets around the world have imploded. What's causing the problem? Is this GFC part two? Certainly looking at the markets, it feels like déjà vu all over again.The Dow has had its steepest fall…

How do you pick a bubble? Watch the language of the business media.Science News reports that researchers have found the language of financial analysts and reporters becomes increasingly similar in t…

For all the talk about economic crisis, someone sure has money.Ebay has been running its annual power lunch with Warren Buffett with all proceeds going to the Glide Foundation, a non-profit serving…

More evidence of the tech boom lunacy with daily deals site Groupon announcing they are going to list. Groupon says it wants to raise $750 million in its IPO. They have to be kidding, right? This b…

Airlines have been struggling because of high fuel prices and reduced demand with the global financial crisis. As reported here, global air travel is now above its peaks before the global downturn …

With petrol prices soaring in America, we have reports that more Americans are taking to smaller cars. But don't expect the small car market will take off. To put it bluntly, Americans won'…