Oil Tankers: Sunk or Floating?

They call this industry cyclical for a reason. Someday, supply and demand will balance, rates will jump as they have in the past, and crews will dress in Prada. But it's going to take a fear years. Meantime, let's take a look at which companies are well-positioned to ride out the rocky seas of the moment.

No Wonder So Many Americans Hate Credit Card Companies

Americans are generally a cheerful, friendly lot, but one thing that most us of now share is a loathing of credit card companies. DailyFinance contributor Alex Salkever's most recent absurd tale of plastic woe has convinced him that's unlikely to change anytime soon.

This Time Is Different: The GDP Report Was Great

I'm a big fan of John Mauldin and his weekly email newsletter, Thoughts from the Frontline, where he analyzes the economy.But even so, I disagree strenuously with his reasons for being a pessimist on the economy, after the recent GDP report.