Bank of America is set to cut investment banking jobs in Asia, including some top dealmakers, as a slowdown forces banks to cut costs. » Read More
The U.S. Federal Reserve has painted itself into a corner when it comes to interest rates, according to Michael Harris at Renaissance Capital. » Read More
A Fed rate hike this year isn't going to happen, despite the Fed's mixed signals, says Ron Insana.
» Read More
Low interest rates are distorting asset markets, blowing bubbles and will eventually end up in inflation, David Kelly says. » Read More
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Mary Thompson is a general assignment reporter, covering a range of stories from the 2008 financial crisis to Hurricane Katrina.