Five years ago this Sunday General Motors filed for bankruptcy which led to a $49.5 billion bailout to bring this staple of the auto industry back to its feet. Now at its 5th anniversary, the “new GM” is one of the 40 most profitable companies in the nation outperforming...
The question, is there a retirement crisis in America, was answered earlier this month during an expert panel discussion moderated by the Founder of Retirement Media Inc., Phil Cannella. This eye-opening conversation took place just outside of Philadelphia at the Retirement Media Inc. production studios and featured some of...
Once again it’s that wonderful time of year where we all get to sit down and try to make our way through the overly complex process of trying to figure out how much money we owe Uncle Sam. Unfortunately the burden falls hardest on America’s aging population, with more than...
Threats continue to be exchanged among world powers over the future of Ukraine. The United States and the European Union (EU) have promised to collapse Russia’s economy if it continues to meddle in Ukraine’s affairs. Russia has responded with promises of its own, even going as far as to...
In theory, the price of shares across the stock market is a reflection of economic health. If stocks are up, business is thriving— or so we thought… Recent market volatility is showing some tell-tale signs that it is not grounded by a sturdy economy, which leaves the fear that it...
December’s labor statistics were released this month, finishing off 2013 with an unemployment rate of 6.7%, the lowest since before the financial crisis of 2008 that rocked the economy into a long and painful recession. Now, almost six years later, many are ready to finally believe America is back...
In this follow-up interview, Phil Cannella speaks with former Federal Reserve finance manager, Andrew Huszar, on how investors should react to the Fed tapering QE3 to $75 billion per month. Andrew Huszar is a Senior Fellow at Rutgers Business School. Follow Professor Huszar on Twitter: @andrewhuszar
Phil Cannella interviews former Federal Reserve finance manager, Andrew Huszar, on why he, after becoming an integral part of the creation of Quantitative Easing, wrote an Op-Ed in The Wall Street Journal that began with the words, "I can only say: I'm sorry, America." Andrew Huszar is a Senior Fellow...
This week, France set a precedent for governments around the globe when it approved a new law that will levy a 75% tax on French companies that are paying employees €1 million or more in annual salaries. The new tax is widely understood to be symbolic, as a message...
For many, Jim Cramer is just another familiar face that you have seen in the media. Because of this, we recognize him as someone carrying a reputation as an expert on the complex subject of investment finances. It is because of his public persona that the general public tends to...