Monthly Archives: February 2014

China’s Central Bank Gets Its Yuan On

(Originally published here.) The 1.3 percent decline in the Chinese yuan against the dollar during the past week says little about China’s long-term growth outlook and a lot about the central bank’s willingness to flex its muscles. To understand why, … Continue reading

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Doing Foreclosure the Right Way

(Originally published here.) Millions of homes have gone through foreclosure since the housing market peaked about seven years ago, mainly in the Sunbelt bubble states. According to Bloomberg News, New Jersey is now the state with the greatest share of mortgages either … Continue reading

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Is ‘Call of Duty’ Worse for Kids Than Soft Drinks?

(Originally published here.) There are a few things to like in the House Ways and Means Committee’s new tax plan. The same can’t be said of a proposal to punish makers of violent video games, presumably because of the harm they cause children. … Continue reading

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Everybody Should Get Off Bill Gross’s Back

(Originally published here.) The Wall Street Journal’s colorful account of managerial tensions at the Pacific Investment Management Co. has led Felix Salmon to argue that legendary bond investor Bill Gross should retire. According to Salmon, the article makes Gross out to be an … Continue reading

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The Housing Market’s Wild Ride

(Originally published here.) GRAPHIC: BLOOMBERG VISUAL DATA   For more than a decade, the U.S. housing market has been on a wild ride — from bubble to bust to recovery. CHECK OUT this interactive data visualization explaining what happened and why.  (Matthew … Continue reading

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Netflix Deal With Comcast Serves Just One Master

(Originally published here.) Netflix Inc. agreed to pay Comcast Corp. an undisclosed sum over the weekend to ensure faster and more reliable connections. This deal should be good news for millions of consumers, at least in the short term: According … Continue reading

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Is Groupon Stock Finally a Bargain?

(Originally published here.) It was ugly today for Groupon Inc. shares: They tumbled 22 percent, shaving off about $1.5 billion in market value. This followed yesterday’s financial report, which showed that rising costs at the online discount company negated the benefit … Continue reading

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