BUSINESS COLUMN | Wolf: Choosing bankruptcy over bailout

For many Americans, the idea of another round of bailout money for the auto industry is the last straw. Enough! After all, if Sweden — the socialist land of 55 percent tax rates — could slam the car door in Saab’s face when it requested bailout money, maybe the U.S. should realize the socialist tag […]

City

BUSINESS COLUMN | Wolf: Stimulus check: spend or save?

On Tuesday, President Barack Obama signed into law a $787 billion stimulus package to address the stalling U.S. economy. As the News reported in Cross Campus that day, Yale students who earn $2,500 annually will receive checks of $155; more broadly, Americans will get back 6.2 percent of their earned income, up to $400. In […]

City

Wolf: Dear Yanks: Money can’t buy you wins

Every baseball offseason, I chuckle at the outlandish free-agent spending of the New York Yankees. But unlike some fans who think the spending is unfair or excessive, I laugh because I know the truth behind all of the money spent: It does not win them championships. Case in point: From 1996 to 2000, the Yankees […]

City

Think of the future: Invest in stocks now

Those sitting on cash saved from summer internships are probably glad they did not invest in the stock market at the beginning of the school year. Even after Tuesday’s rally — the second largest single-day point gain in history of the Dow Jones Industrial Average — the Dow has lost over 20 percent in the […]

City

Wolf: Blame market-backed securities

Guest Column

President Levin should stay mum on politics

Guest Column