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Bloomberg News

Op-Ed: Iowa among the worst for minority business owners Special

Des Moines - According to both the SBA and Bloomberg, Iowa is among the worst states for MBE's (Minority Business Enterprises). Can business owners turn the tide?
Digital Journal Report by Ini Augustine

Polls: More than 60% of Americans want spending cuts

As Democratic and Republican congressional legislators head toward a possible government shutdown over their federal budget and debt ceiling differences, more than 60 percent of Americans want spending cuts.
In the Media by Michael Krebs - 3 comments

Op-Ed: Politics and Comedy — May the farce be with you

A fine line exists between satire and bad taste. Mel Brooks danced up to that line with his “Springtime for Hitler and Germany” in “The Producers.”
In the Media by John David Powell

Op-Ed: New York — A racial time bomb?

New York - Major Bloomberg's "stop and frisk" policy in New York has been heralded as the reason for the drastic drop in crime in the city. But the strategy may now be out of control and could be threatening the racial fabric of the city.
In the Media by Stephen Morgan - 2 comments

Op-Ed: The case for raising US interest rates before a fatal crash

Sydney - As Fed chairman Bernanke asks the kids to stop fighting and get the go-kart back on the road before yet another wave of Congressional constipation in March, one thing is becoming obvious. Monetarism doesn’t work. Stagnation is its best result.
In the Media by Paul Wallis - 7 comments

Video: D15 — Sandy survivors' day of action in Rockaways, NY

New York - Residents of Rockaways joined together with Occupy Sandy on December 15, marching the streets and demanding that the government do something to help rebuild the neighborhood after Hurricane Sandy.
In the Media by Anne Sewell - 1 comment

Sen. Diane Feinstein throws down the gauntlet on gun control

Democratic Senator Diane Feinstein of California, when talking on Sunday, said that Democrats will introduce new gun control legislation on the first day of the new US Congress.
In the Media by Can Tran - 5 comments

Top 10 list of America's 'beasts of wealth'

The world, or at least a great part of it, is incessantly getting poorer due to the global recession but several of America's "beasts of wealth" seem unaffected by this whole mess; even better, they are getting richer.
In the Media by Stav Dimitropoulos

Officials cancel Sunday's NYC Marathon

New York - As criticism continues to mount, it has been announced that the ING NYC Marathon scheduled for Sunday November 4 has been canceled.
In the Media by Can Tran - 2 comments

Hurricane Sandy: 5 million without power, NYC hospitals evacuate

Hurricane Sandy ravaged New Jersey and New York Monday night with heavy rain and 80 mph winds, causing 5 million power outages spanning from North Carolina to Maine. It's just been reported a New York hospital is moving 215 patients to other hospitals.
In the Media by David Silverberg - 3 comments

Video: Bloomberg's Sara Eisen on live TV with skirt hiked up

Bloomberg news reporter Sara Eisen was caught on camera with her skirt hiked up. The reporter was not expecting she would be going live yet, but after a technical problem at the markets desk, the camera swept through the newsroom catching Eisen skirt up.
In the Media by JohnThomas Didymus - 2 comments

Op-Ed: The 1% defend their ignorance — 'Who, us?'

Sydney - Just when you think the endless denial can’t do a lot more, America’s geriatric gargoyles go on the attack against criticism. The country now has 100 million people living in poverty, and they don’t think it has much to do with them.
In the Media by Paul Wallis - 62 comments

Op-Ed: Anonymous threat to ‘erase’ NYSE from net fails — if it was real

Sydney - Anonymous has failed in its alleged attempt to take down the New York Stock Exchange. Anonymous had supposedly said it would “erase” the NYSE from the internet. Now it's under dispute whether Anonymous even made a threat at all.
In the Media by Paul Wallis - 6 comments

Op-Ed: Hey, American corporate idiots — You’re costing us money

Sydney - The Occupy Wall Street arrests have come at a time when Bloomberg reports a swathe of bad economic data, including the biggest quarterly drop on Wall Street since 2008. Meanwhile, the world is losing big money as the Mad Hatters Tea Party continues.
In the Media by Paul Wallis - 31 comments

Op-Ed: Wall Street dives — The other set of morons goes back to work

New York - The other half of America’s Dire-namic Duo, the self-fornicating chicken anus farm formerly known as Wall Street, has done yet another series of slapstick manoeuvres. The Dow dropped over 4% as global markets followed.
In the Media by Paul Wallis - 5 comments

Op-Ed: Now they wake up? Wall Street plunges as debt deal signed

New York - The lousy economic figures of recent days got little notice until after the ho’s hootenanny in Washington about the debt finished. Now, the great intellects are trying to understand why the US economy won’t get up off the kitchen floor.
In the Media by Paul Wallis - 7 comments

Poll: Just 30 percent of Americans will re-elect Obama

In a new poll released by Bloomberg on Wednesday, only 30 percent of those surveyed said they were certain to re-elect President Obama.
In the Media by Michael Krebs - 3 comments

Op-Ed: Bloomberg quietly shifts balance of power in Washington

Washington - supplies news about where and when the US Congress will siphon its roughly $600 billion in discretionary spending. Subscriptions start at $5,700, and when 150 planned new hires are complete, Bloomberg will be the second largest news desk in DC.
In the Media by Ryan Mahon

Op-Ed: LinkedIn sets records on stock float, now watch the hype

The stock float of LinkedIn clocked up a 109 percent rise on the initial price. The market is now speculating on the possible ramifications for the seemingly endlessly-flagged Facebook stock market offering.
In the Media by Paul Wallis

Op-Ed: Making sense of the Microsoft Skype deal — Not so dumb

Bloomberg were almost entirely negative about the deal. They actually dug up a stockholder who was prepared to fret about it and the price. The Skype deal has some other facets, however, and they haven’t been mentioned.
In the Media by Paul Wallis - 5 comments

Op-Ed: Yuck — What the Federal Reserve did with all that money

Like most people I don't have enough time to keep up with everything that goes on in Washington. But now and then something comes along like the just released Federal Reserve documents and I'll devote a day trying to get to the facts.
In the Media by Thomas Amshay - 2 comments

NYPost: New York snow clearing slowed purposely as budget protest

Unionized snow-clearing sanitation teams operating in New York City boroughs purposely slowed their efforts to protest budgetary issues, stranding countless city residents. The city denies the allegations.
In the Media by Michael Krebs - 2 comments

NYC mayor Bloomberg defends candidates of compromise

New York - New York City Mayor Michael Bloomberg seems party blind when it comes to lending his support to this year's crop of political hopefuls, endorsing Democratic, Republican and Independent candidates alike.
In the Media by R. Francis Rubio

Tea Party Demographics: White, Republican, Older Male with Money

Several polls are now out, assessing the demographics of the Tea Party Movement that largely agree the majority of its members are Republican, largely white, above the mean in age and income and voted for John McCain.
In the Media by Carol Forsloff - 14 comments

GOP Rep suggests kidnappings will be result of NYC Terror Trials

The reactions following the announcement that the trial of Khalid Sheikh Mohammed and four other suspected terrorists will take place in New York have been wide spread among all parties
In the Media by Oliver VanDervoort - 3 comments

Christie, McDonnell, Owens, Bloomberg in, Gay Marriage Out in ME

In a surprising victory for Democrats, Bill Owens has defeated Doug Hoffman in NY-23. Many other major races went the Republicans' way, including a surprise upset in NJ by Chris Christie over incumbent Jon Corzine. In Maine, voters rejected gay marriage.
In the Media by Johnny Simpson - 2 comments

Copper prices surge indicating signs of economic recovery

Copper prices hit a high on Friday of just over $3 a pound and is a strong indicator that economic recovery is at hand as construction and technologies have increased their demands.
In the Media by Jay David Murphy - 4 comments

New York Sends Homeless Out of City to Stay With Relatives

Mayor Bloomberg has solved his financial and homeless problem -- give them one-way tickets out of the city to stay with relatives. Since 2007, New York has spent $500,000 a year on the program,
In the Media by Andrew Moran - 14 comments

Op-Ed: Proposed Broadway Closures Reflective of What Can be Controlled

New York's Mayor Bloomberg proposes the closure of Broadway in the theater district and at Herald Square. In the bigger picture of the greater world economy, this decision is more reflective of what we can control against what we cannot.
In the Media by Michael Krebs - 1 comment

Freedom Of Information - Unless you’re Bloomberg asking $2 trillion in Fed loans

It seems the Feds did a total of $2 trillion in emergency loans and isn’t very keen on disclosing details. Under FOI legislation, there are provisions for withholding information, but nobody’s too impressed in this case.
In the Media by Paul Wallis
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Residents of Rockaways protest the lack of help from the government and FEMA after Hurricane Sandy.
OccupyTVNY YouTube
Residents of Rockaways protest the lack of help from the government and FEMA after Hurricane Sandy.
Residents of Rockaways protest the lack of help from the government and FEMA after Hurricane Sandy.
OccupyTVNY YouTube
Residents of Rockaways protest the lack of help from the government and FEMA after Hurricane Sandy.

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