Everyone's having a hard time in this economy, even crack heads. We've all been talking about how wicked inflation has been over the past two years. Apparently Gus Young Jr. of West Palm Beach wasn't listening.

In a fit of rage, he destroyed a DVD case and a Plexiglass counter after his friendly neighborhood drug deale Read the full story

For the past year, the prices producers pay for their goods have been skyrocketing. Yet even with the higher prices they pay, they’ve hesitated to pass along higher prices to consumers. Now they’re paying the price as they face the biggest margin squeeze since 1975.

Typically manufacturers pass along price increases Read the full story

Sometimes you just need to take a break to gain perspective.

You could say that was what I did last week, but to be honest, it wasn’t a real “vacation”.

You see, I had to do something that most of America is having a hard time doing. I went to the closing for my father’s new home in Puerto Rico. (I Read the full story

After Congress failed to pass a $700 billion rescue package on Monday, the market nosedived 777 points. It’s suffering a case of the “Bailout Blues” and it shows you a lot about expectations.

In this case, an expectation wasn’t met and a h Read the full story

The U.S. government is planning to spend more money to shore up the financial system than has been spent in the entire Iraq War, so far.

$700 billion for a fund to buy bad mortgage related assets. That doesn’t include another $400 billion to backstop money market accounts. Oh, and let’s not forget that $170 billion &lsquo Read the full story

With the rollercoaster ride known as the market virtually coming off the tracks last week, it wouldn’t be too shocking if a lot of people lost money. If you’re among them, you’re certainly not alone.

But the last thing Read the full story

Most resource bugs have been less than excited lately, because gold has been in a huge sell-off for the past few months. Many have been trying to time a bottom, to no avail. But there may be hope.  On Wednesday alone, Read the full story

Over the past few weeks, I’ve been talking a little bit about how a shrinking money supply would slow down inflation. It looks like some data has finally come out which supports this view.

In August, producer prices fell 0.9 percent Read the full story

After this past weekend’s big bailout of Freddie and Fannie, investors are wondering if the big three are next. Sorry to tell you, but they’ve already been bailed out.

It happened without much fanfare last December, when Congress approved a $25 billion loan package for the big three (about $8.3 billion per automaker) Read the full story

Remember when you were a little kid and being handed a dollar seemed like you had just hit the lottery?

I’m reminded of it every time I give a dollar to my four-year old niece, Amanda. Her eyes light up and she gets the biggest smile in the world. Then she looks at me, hugs me and says, “I love you, Charlie!”Read the full story