Rick Newman


June 2010


How Consumer Gloom Might Save the Economy

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Americans are bummed out. Consumer confidence has turned south, with more than half of all Americans believing we're still in a recession, even though economic indicators say otherwise. People are afraid to spend money. Rising numbers of people worry that they won't be able to retire or their kids ...

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TAGS:
economy

14 Things That Are Getting Cheaper

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Everybody notices when prices go up. But when they fall, it's an unacknowledged gift.

Ask a typical American family, and they'll tell you that the surging costs of healthcare and education are among their biggest strains. Energy prices are an ongoing concern, stable now but punishing when they ...

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TAGS:
economy
shopping
consumers

10 Reasons You Don't Need a Hybrid

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They said it couldn't be done. Now they're proving themselves wrong.

For years, auto executives—especially those from Detroit—insisted it wasn't possible to build high-mileage cars at reasonable prices that Americans would want to drive. Thrifty drivers were stuck with weezy econoboxes like the Ford ...

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Why American Workers Need To Toughen Up

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A lot has changed over the past few years. A grueling recession has rearranged America's economic landscape, like a hurricane that reshapes the coastline and leaves some places permanently underwater. Millions of lost jobs are probably gone forever. Many Americans lack the skills needed in a ...

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TAGS:
economy

Why the BP Spill is Bigger Than You Think

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Americans are notoriously bad at math, so it may come as a shock to learn that the BP oil spill in the Gulf of Mexico is 42 times bigger than many people might have believed.

It's not just because of the ballooning guesstimates of the size of the spill. It's also because the standard unit of ...

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TAGS:
oil

Why BP Will Get Off Easy

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How much would you be willing to pay to punish BP?

It might sound like a backward question, since it's supposed to be BP that pays for the damage caused by its ruptured well in the Gulf of Mexico. But the unhappy reality is that it's extremely hard to punish a company without also punishing its ...

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TAGS:
oil

How to Plan For a Double-Dip Recession

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The insurance company Aflac didn't lose money during the recession, and it managed to pare costs without any layoffs. But it did institute a hiring freeze, which could stay in effect until the economy looks a lot stronger than it does right now. Many of Aflac's customers are small businesses like ...

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Why Obama Might Be Better as a CEO

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What's the president's job?

The Founding Fathers took a stab at this thorny question in Article II of the Constitution. They gave the president responsibility for commanding the armed forces, initiating treaties, appointing ambassadors and judges, keeping Congress informed of the state of the union,

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TAGS:
Obama, Barack
executives

10 Companies Back From the Brink

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The recession left behind a graveyard of corporate carcasses, from Circuit City to Linens n' Things to Lehman Brothers. Thousands of smaller businesses closed. AIG, Fannie Mae and Freddie Mac are staggering along as wards of the state. General Motors, Chrysler, Citigroup and several other ...

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TAGS:
economy
recession

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