• COVID19 Isn't Our Biggest Problem

    COVID19 Isn't Our Biggest Problem

    The COVID-19 pandemic can be used to illustrate two problems that are both more destructive than the virus. The problems relate to how Americans view the role of government in their lives and to the belief that government money can always fix problems.  Let’s Look at the Money Issue First The immediate reaction of our …
  • Buffett’s virtual meeting aims to show Berkshire weathering coronavirus storm

    Buffett’s virtual meeting aims to show Berkshire weathering coronavirus storm

    Berkshire Hathaway annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus pandemic, and the investment opportunities it offers. The meeting and surrounding festivities that Buffett calls “Woodstock for Capitalists” normally draw more than 40,000 …
  • Federal Reserve’s policy-making committee won’t have much to do at upcoming meeting

    Federal Reserve’s policy-making committee won’t have much to do at upcoming meeting

    The Federal Reserve’s policy-making committee meets this week, and there’s really not much left for it to do, other than to repeat previous messages about being there if the country needs it. I asked Greg McBride, chief financial analyst at Bankrate.com, to sum it up so I wouldn’t have to. “The Federal Reserve has cut …
  • Some banks won’t press on card payments for now

    Some banks won’t press on card payments for now

    If you can’t pay your credit card because you lost your job owing to the coronavirus pandemic, your card company might help. Depending on the card, the issuer might let you skip a month, waive fees or extend your credit line. Banks, the big credit card issuers, are “working to identify and assist affected clients …
  • ‘Schitt’s Creek’ star Emily Hampshire talks about ‘perfect’ series finale

    ‘Schitt’s Creek’ star Emily Hampshire talks about ‘perfect’ series finale

    Emily Hampshire, aka “Schitt’s Creek” motel owner Stevie Budd, is convinced Tuesday night’s series finale will please its legion of fans. “I can say, with 100 percent certainty, that people will be satisfied with how the show ends,” says Hampshire, who’s in her late-30s. “It’s not one of those finales where you watch it and …
  • Keynes and the Euthanasia of the Rentier

    Keynes and the Euthanasia of the Rentier

    With over $12 trillion in negative-yielding debt and the yield on the ten-year Treasury bond falling below 1 percent for the first time, the days in which people could reliably count on a steady stream of income from their assets seem to be a thing of the past. And although most people would have a hard time …
  • Investment professionals say ‘don’t panic’ amid coronavirus fears

    Investment professionals say ‘don’t panic’ amid coronavirus fears

    It’s a wild ride, but just hang on. Investors can survive and eventually prosper despite the horrific pandemic-driven stock market gyrations we are experiencing, investment professionals say. “Don’t panic. Never in my near-40-year career have I once heard someone say, ‘Gee, I’m glad I panicked,’ ” said Richard Bernstein, a longtime financial adviser with his own …
  • ‘Modern Family’ director says cast was ‘part of something special’

    ‘Modern Family’ director says cast was ‘part of something special’

    How many sitcoms run for 11 seasons? Very few. “Modern Family” will celebrate its glittering run with a one-hour special that segues directly into the back-to-back final episodes. Director Christopher Wilcha interviewed the cast as well as executive producers Steven Levitan and Christopher Lloyd and combed through audition tapes (casting directors saw 232 actors for …
  • ‘Empire’ series finale set for April 21, final season cut short by coronavirus crisis

    ‘Empire’ series finale set for April 21, final season cut short by coronavirus crisis

    “Empire”‘s sixth and final season will end sooner than originally planned due to the coronavirus pandemic. As revealed at the very end of Tuesday’s betrayal and crashed wedding filled “Love Me Still” broadcast, the 18th episode of Taraji P. Henson and Terrance Howard-led hip hop drama’s final season will now serve as the finale. “Get …
  • ‘Empire’ series finale set for April 21, final season cut short by coronavirus crisis

    ‘Empire’ series finale set for April 21, final season cut short by coronavirus crisis

    “Empire”‘s sixth and final season will end sooner than originally planned due to the coronavirus pandemic. As revealed at the very end of Tuesday’s betrayal and crashed wedding filled “Love Me Still” broadcast, the 18th episode of Taraji P. Henson and Terrance Howard-led hip hop drama’s final season will now serve as the finale. “Get …