Todays' Front Page
Five Reasons China is Not a Bubble
A year ago, nobody thought China could manage 8 percent GDP growth in 2009. With year-to-date growth coming in at 7.7 percent through the first three quarters and getting stronger, China is poised to break that 8 percent mark rather easily. The success of the Chinese government’s stimulus efforts, e …
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23 hours ago
Facebook Named in Federal Class-Action Suit over Scammy Zynga Ads
Facebook and Zynga are the defendants in a federal class-action lawsuit filed Tuesday, which seeks upwards of $5 million for social network users scammed in online game ads. Neither company's top-drawer investors can be happy. The suit was probably inevitable. As we first reported, the Sacramento-b …
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The Daily Reckoning