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Bruce Watson

Bruce Watson

Features Writer

 Bruce Watson is a features writer for DailyFinance, focusing on the political and cultural effects of economic events. A contributor to Military Lessons of the Persian Gulf War, A Chronology of the Cold War at Sea, the Journal of American Philosophy, A Cafe in Space, and the forthcoming Peanut Butter, Gooseberries, and Latkes!  He has also worked as a research assistant in the British House of Commons and at the United States Naval Institute.

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Valentine's Day is coming, which means that millions of men are getting ready to drop money on Whitman's samplers and red roses. But there are other options out there -- and we know that our faithful readers have explored at least a few of them.
On Thursday, Facebook finally filed for its IPO. As the site that made it possible for you to reconnect with your third-grade girlfriend moves into the next phase of its life, we decided to look back at some of the high points in Facebook's brief but captivating history.
Amid all the chatter about Mitt Romney's high income and low taxes, many have wondered why more Americans don't take advantage of those attractive capital gains rates. The answer is that most people can't -- at least not on a level large enough to make a difference in their finances.
A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. First, we covered saving, but spending in the right way is just as important. Here are some of your best suggestions for managing how your money flows out.
Casino mogul Sheldon Adelson has stirred up controversy recently for his $10 million in political help to the Newt Gingrich campaign -- but it's all perfectly legal. Still, with billionaires and corporations now able to make almost unlimited political donations, is the presidency for sale?
A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. Many were quick to note that the foundation of financial security lies in being ready when disaster hits. Here are some of their best suggestions for planning for those rainy days.
The best route to a secure job still runs through the classroom, and droves of middle-aged Americans are following it. The proof is in the lending: The fastest growth in the student loan business is among people in their 40s. But are they making a good investment, or a bad bet?
In tonight's State of the Union, President Obama faces a tough crowd: Millions of Americans unsure about whether he should keep his job. He'll be aiming to win hearts and minds, and at least part of that will be an appeal to our wallets. With that in mind, here are three key points that he is likely to hammer home tonight:
Mitt Romney paid a lower tax rate on his $21.6 million income in 2010 than the average U.S. family. It's no secret how: He made his money from investments, not wages. But even people who favor low capital gains taxes might not approve if they understood more about a neat little income category he benefited from called "carried interest."
It's a cliche that dates back to Monopoly: A bank error in your favor. But for Parijat Saha, an Indian schoolteacher, the Community Chest card came to life in a big way when he discovered that his bank account suddenly held $9.8 billion.

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SymbolLastChange / %Volume

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BAC
Bank of America Corp
7.84+0.39
+5.23%
363.93M
F
Ford
12.79+0.53
+4.32%
78.83M
C
Citigroup Inc
33.54+1.55
+4.85%
56.35M
S
Sprint Nextel Corp
2.32+0.11
+4.98%
54.51M

% Gainers

GMXR-
GMX Resources, Inc. 9.25% Series B Cumulative Preferred Stock
14.67 +5.92
+67.66%
245,490
SEH
Spartech Corp
6.70 +0.92
+15.92%
390,401
GNW
Genworth Financial, Inc.
9.17 +1.13
+14.05%
29.10M
DL
China Distance Education
2.55 +0.31
+13.84%
26,757

% Losers

STRI
STR Holdings
9.03-2.27
-20.09%
1.66M
EW
Edwards Lifesciences Corp
71.54-9.13
-11.32%
6.68M
MOD
Modine Manufacturing Co.
10.00-1.25
-11.11%
1.82M
NOA
North American Energy Partners, Inc.(USA)
5.58-0.59
-9.56%
224,658
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