The United States economy is far from a depression; as a matter of fact, the media and a growing percentage of economists started using the “R” word only a few months ago. I do not expect to see a depression in my lifetime.
The US is a going concern and will remain so. Still, there are [...]

Bill Gross, founder and chief investment officer of PIMCO, the world’s largest family of bond funds with $746 billion in assets under management, believes that without government intervention, home prices could drop as much as 20 percent over the next two years. U.S. News spoke with Gross about what he thinks the government should do [...]

Bill Gross founded Pacific Investment Management Company in 1971 and built it into one of the world’s largest fixed income managers. The company has more than $750bn of assets under management and is now an independent unit of Allianz, the German financial services group, which bought the bond manager in 2000.
The 63-year-old author of Everything [...]

But for Bill Bartmann, a serial entrepreneur who has had his fair share of scandal, nothing could be further from the truth. Sure there are risks to starting a new business, even during a healthy economy, but Bartmann said opportunities abound if you are willing to ignore the headlines that scream doom and gloom.
“When everyone [...]

Twenty donors made gifts of $100-million or more last year, just shy of the record of 21 such gifts made in 2006, according to The Chronicle’s annual ranking of the 50 most-generous Americans.
And despite a turbulent economy, fund raisers seeking donations of $10-million or more predict another strong year of big gifts in 2008.
“All our [...]