Some of the recent speculation about where rates are going seems to have gotten at least a bit overdone.» Read More
Jobs report came in better than expected[CNBC.com via Reuters]
"Nasdaq, ICE Make Hostile Play for NYSE Euronext" [NYTimes DealBook]
Shocker: Hedge fund managers make a lot of money! And "25 Hedge Managers Earn as Much as 441,400 Americans". [CNBC.com via NYTimes]
The battle brewing within the Republican Party is being closely watched by the markets and the Democrats alike. The budget tug of war between the Tea Party and the GOP getting so heated that many of my DC sources and corporate officials are worried that Paul Ryan's 2012 budget may not be tough enough for the ultra-conservatives in the GOP caucus.
I decided to get the perspective of former Delaware Senator and Congressional Oversight Panel Chairman Ted Kaufman on this fiscal fight.
A London-based investment banker has written to Lucy Kellaway of the Financial Times with a rather unusual problem.
She says she is too good looking to work. Men drool over her, women distrust her, and no one takes her seriously.
The government has been touting the profitability of the bank bailout.
But those profits lag tens of billions of dollars behind what a private investor in the bailed out banks would have made.
Banks are yet shrugging off a fear of commitment.
Eleven banks with close relationships to JPMorgan of AT&T have snatched up pieces of the $20 billion loan to fund a $39 billion acquisition of T-Mobile.
The Federal Reserve released an avalanche of files Thursday detailing—for the first time ever—its loans to banks under its emergency funding facility known as the “discount window.”
But investors and bank customers won’t find it very useful.
"Money for nothing" interest rate policies have failed, the bond guru said in a broadside against global central banks.
Bank of Ireland, which was bailed out during the country's debt crisis, reported soaring profits for the first half of 2015 as bad debts were reduced.
Lloyds Banking Group reported a 15 percent jump in pre-tax profit for the first half of 2015 to £4.4 billion ($6.9 billion) on Friday.