Wine exports surge ... from Florida and New Jersey?

• Why California is broke, and Texas is not

  Dallas Federal Reserve President Richard Fisher is proud of the Texas economy and isn't afraid to let it show.

  Known for colorful speeches that often include Lindsay Lohan, tequila or Washington Irving references, Fisher offered up this joke in a speech before the conservative Cato Institute Wednesday afternoon.

  Here, he describes how Texas has succeeded in producing a "pro-business, pro-growth environment," versus a state like California, which he says has done just MORE

  Annalyn Kurtz - Oct 10, 2012 4:46 PM ET
  Posted in: california, economy, Federal Reserve, Joke, Richard Fisher, Texas

• California warily watches Facebook stock price

  Facebook investors and employees aren't the only ones carefully watching the company's stock price deflate.

  California, which was hoping to net up to $2 billion for its cash-strapped budget from Facebook's IPO, acknowledged this week that the company's stock price has "fallen far below" the $35 level assumed in the state's revenue projections.

  Facebook (FB) dipped below $20 for the first time on Thursday, a far cry from its $38 initial public MORE

  Tami Luhby - Aug 2, 2012 3:19 PM ET
  Posted in: budget, california, economy, facebook, IPO, revenue, stock price, taxes, zuckerberg

• Who's got the money?

  Who makes the big bucks in America?

  Middle-aged white couples.

  We all know that income is concentrated in the United States, but Sentier Research has crunched the data to show just who has the money.

  Take a look at the breakdown by race:

  White households have an aggregate income of $6.2 trillion, while Hispanics have an aggregate income of $710 billion and blacks $641 billion. Asians, meanwhile, have $419 billion.

  To be sure, there are MORE

  Tami Luhby - May 31, 2012 2:00 PM ET
  Posted in: asian, black, california, census, hispanic, income, Sentier Research, wealth, white