This is how beggar-thy-neighbor monetary policies work, and perhaps why they ultimately fail.» Read More
It's official. "The Wall Street Rapper" is now "The Silicon Valley Rapper."
Allen Mask, 22, a former analyst first-year at Goldman Sachs and a budding hip-hop artist, is now working at Google and rapping to a more "high-tech" beat these days.
Check out Mask's latest music video project advocating for music education .
Know this about David Rosenberg: He still thinks the economy stinks, even if he believes the stock market will rise .
The Gluskin Sheff economist and strategist is miffed that anyone might infer that his bullish statements this week on stocks represent a change in how feels about the economy.
Will he or won’t he? Or rather, when will he?
The private market valuation of Facebook recently took a hit when a group of investors looking to sell a large number of shares had to reduce their asking price. The implied valuation from the sale went from $90 billion to $70 billion.
This raises an important question: can you short Facebook?
The European Union’s antitrust investigations into derivatives will very likely demonstrate how banks use regulations to stifle competition.
Regulators are now investigating Harbinger Capital Partners on at least five matters.
Paul Krugman thinks that Fed chairman Ben Bernanke is screwing up because he has too strong of an anti-inflation bias.
But it seems pretty clear to me that Krugman just doesn’t understand Bernanke’s thinking when it comes to inflation expectations.
This is how beggar-thy-neighbor monetary policies work, and perhaps why they ultimately fail.
UBS has reacted to the financial market turbulence by freezing salaries for its investment bankers until at least mid year. The FT reports.
Janet Yellen is expected to attempt to balance raising interest rates against the risks of a weaker global economy.