Why Most Colleges Should Give Up Need-Blind Admissions

The idea of need-blind admissions is noble: Offering qualified applicants admission to a university, regardless of their financial circumstances. But in too many cases, need-blind admissions mean young scholars are accepted to …

David Stern, the Foreclosure King, Surrenders His Crown

If we’re to restore the rule of law in foreclosure cases, it’s going to take a lot more than the fall of Stern’s firm, which is just one of several “foreclosure mills” in Florida. Others are under investigation. Maybe some of t…

Apple After Steve Jobs? Disney May Hold a Clue

To get a better idea how Apple might fare without Steve Jobs’s leadership, it’s helpful to look at another hugely successful American company that decades ago lost its iconic CEO — Walt Disney Co. After Walt passed away in 196…

Why Weekly Jobless Claims Below 400,000 Is So Important

Economists and commentators talk why initial jobless claims need to falling below the 400,000 level. But exactly why is that number significant for the U.S. economy and investors? Here’s the lowdown, based on the past performan…