iOS app Android app

Financial Sector

Paul Ryan Sorry for Calling Americans Takers, But Who Are the Real Takers?

Lynn Parramore | Posted 04.12.2016 | Politics
Lynn Parramore

A question: If the takers aren't standing in the unemployment line or rushing home from the second job to change diapers, just where are they? Because an awful lot of America's resources have gone missing. Like money that should be going to education, job training, healing the sick, retirement funds, infrastructure and, you know--life.

Financial Inclusion: Stepping-Stone to Prosperity

Sri Mulyani Indrawati | Posted 05.20.2015 | World
Sri Mulyani Indrawati

Financial inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society. And it will help governments provide more efficient delivery of services to their people by streamlining transfers and cutting administrative costs.

Van Hollen Tax Proposal an Economic and Political Home Run

Richard Kirsch | Posted 03.14.2015 | Politics
Richard Kirsch

Van Hollen puts the focus squarely on the corporate behavior that has driven down wages and crushed middle-class aspirations. His proposal would boost worker income, which drives the economy forward. When Republicans oppose this, the choice will again be clear to Americans: CEO millionaires or working families.

Paul Blumenthal

Plunge In Wall Street Money Bolsters Populist Shift Among Democrats

HuffingtonPost.com | Paul Blumenthal | Posted 01.10.2015 | Politics

WASHINGTON -- With their first act in full control of the new Congress, Republicans tried to push through a bill to delay the Volcker Rule, which limi...

The Federal Reserve's Artful Compassion for Households in 'Sobering' Condition

Timothy J. Barnett | Posted 11.26.2014 | Business
Timothy J. Barnett

Glaringly absent in the Fed's policy platform is a commitment to a fair architecture for capitalism that equitably distributes the fruits of enterprise by providing incentives for ethically pricing each person's contributions to the sustainable public good.

The Dalai Lama and Adam Smith

Ira Millstein | Posted 07.16.2014 | Business
Ira Millstein

I do believe that to restore "trust" in the financial sector, a new hard look is required. It is important to change priorities and develop moral empathy and conscience.

How the Banking Industry Can Help Combat Economic Inequality

Dedrick Muhammad | Posted 04.05.2014 | Black Voices
Dedrick Muhammad

Growing income inequality continues to weaken the American middle class and stagnant wages, low wage jobs replacing those with livable wages and fewer government investments compromise the ideals that make this country strong.

A Rejoinder to President Obama's Views on Oil Speculation

Emmanuel I.S. Ajuzie | Posted 01.23.2014 | Business
Emmanuel I.S. Ajuzie

The question is not whether or not speculators assist in the efficient operation of the market but whether or not that type of speculatory behavior should be extended fully to a commodity so vital to the livelihood of nations, especially people in the middle class and poor.

Why Workers Would Do Better with Janet Yellen as Fed Chair

Jeff Madrick | Posted 11.17.2013 | Business
Jeff Madrick

The stock and bond markets should not be the only ones rejoicing at Larry Summers's withdrawal from consideration to run the Federal Reserve. The nation's workers should, too. Janet Yellen, the remaining frontrunner for the position, is no wimp on inflation.

Mark Gongloff

Hey, Guess What Thing Banks Are Taking Over Now

HuffingtonPost.com | Mark Gongloff | Posted 07.30.2013 | Business

Here's yet another thing banks are taking over: the stock market. Financial stocks are the second-biggest sector in the Standard & Poor's 500-stock...

7 Important Examples Of How Markets Can Fail

The Fiscal Times | Mark Thoma | Posted 06.20.2013 | Business

Fiscal Times: Many people on the political right believe that free markets are the solution to most any problem. For example, Senator Pat Roberts (...

Mark Gongloff

Why Wall Street Is To Blame For The Lousy Job Market

HuffingtonPost.com | Mark Gongloff | Posted 06.11.2013 | Business

Having a hard time finding a decent-paying job? Thank Wall Street. In a New York Times column on Tuesday, Bruce Bartlett, former economic advisor t...

What Wall Streeters Are Willing To Do When You Cut Their Precious Bonuses

The Huffington Post | Harry Bradford | Posted 03.15.2013 | Business

News flash: Apparently some Wall Street workers are only in it for the money. In 2012, 41 percent of Wall Street workers admitted to being ready to...

The Department of Justice? Not for Wall Street

Brian Young | Posted 04.06.2013 | Politics
Brian Young

This is not what has happened to banks who knowingly sold bad mortgages to people who could not afford them, then sold them off to investors in the market bundled into AAA rated securities. So, why is criminal court off the table in the financial sector?

How To Make Sure The Next Generation Is Better Off Than We Are

The Atlantic | Posted 10.13.2012 | Education

Every once in a while--and it does not happen very often -- something comes along that deserves to have a strong influence on government policy, indiv...

Shark Sightings from Cape Cod to Wall Street

Nancy Rubin Stuart | Posted 10.07.2012 | Business
Nancy Rubin Stuart

A new generation of finance shark pups have been growing in the muddy waters of big business since the 1980s.

In Case You Were Worried, Top Wall Street CEOs Got Nice Raises Last Year

The Huffington Post | Alexander Eichler | Posted 06.05.2012 | Business

Last year was an awful one for many on Wall Street. But not everyone struggled. Some even partied like it was 2006. In fact, for the 50 people ran...

Hire One, Fire 350

The Huffington Post | D.M. Levine | Posted 06.01.2012 | Business

Amid the banking world’s Great Contraction, Bank of America is adding jobs -- but only a few targeted positions, and it's laying off many more worke...

Why You Shouldn't Buy Treasury's Line On The Bailouts

Bloomberg View | Jonathan Weil | Posted 04.20.2012 | Business

The U.S. Treasury Department wants the public to believe the government’s bailouts of the financial sector might make money for taxpayers. It’s ea...

Banks Were Too Big To Fail 200 Years Ago, Too

The Huffington Post | Mark Gongloff | Posted 04.11.2012 | Business

If you think American banks are too big to fail now, you should have seen them 200 years ago. Banks dominated the American corporate landscape in 1...

Don't Worry, Guys, Wall Street Salaries Went Up Last Year

The Huffington Post | Alexander Eichler | Posted 04.04.2012 | Business

Ask many of those on Wall Street, and they'll tell you of an industry grappling with a terrible state of affairs. But for those lucky enough to have k...

It Pays To Oppose The Volcker Rule

The Huffington Post | Alexander Eichler | Posted 03.27.2012 | Business

Why haven't more lawmakers insisted on strict financial regulation? Maybe because that's not where the money is. Members of Congress who have calle...

Wall Street Has The Worst Pay Equality In America

The Huffington Post | Alexander Eichler | Posted 03.19.2012 | Business

Wall Street is one place where it pays to be a guy. For people in financial-sector jobs -- such as insurance agents, security sales agents, financi...

Wall Street Wastes $280 Billion A Year: Study

The Huffington Post | Alexander Eichler | Posted 03.02.2012 | Business

Wall Street seems to have learned a neat trick: how to make more money while producing less. Between 1980 and 2010, the U.S. financial industry nea...

Bruised Wall Street Firms Continue To Jettison Office Space

The Huffington Post | Alexander Eichler | Posted 02.06.2012 | Business

Here's one thing big banks have in common with protesters: Neither group is occupying Wall Street as much as they used to. In an ongoing sign of th...