Although this sort of Washington summer may be just as unpleasant for the country as DC humidity, it could be a boon for the economy, at least under the Hippocratic principle of "First, do no harm."
Markets can make people do bad things. That's the disturbing -- but sadly not all that shocking -- conclusion of a recent experiment by two German ...
Can't anybody here play this game? The Chicago Board Options Exchange, the biggest U.S. options exchange and one of the most important derivatives markets in the world, was shut down all of Thursday morning by what was apparently a software glitch.
Four years later, sentiment is mired at recessionary levels, in spite of serious attempts to break free. Are we now psyched out, resigned to a gloomy future, or is there light at the end of this long, dark tunnel?
Some small states have been able to overcome certain size-related challenges by achieving higher levels of such growth determinants as openness, education, and financial development. The key to achieving economic success may be to pursue policies that exploit their advantages and offset their disadvantages.
BANGKOK — Asian stock markets were mixed Wednesday after Cypriot lawmakers rejected a tax on bank deposits that would have partly funded an emer...
While there have always been wide fluctuations in the markets -- booms and busts -- what is novel has been the system of financial rewards for key participants that evolved during the late 20th century.
Our new research shows that advanced economies' exposure to refinancing risk and changes in government borrowing costs depend mainly on who is holding the bonds -- the demand side for government debt.
It's not news that emerging markets can be vulnerable to bouts of market volatility. Investors often pull sudden stops--they stop buying or start sell...
It's high time Congress and the president pull an all-nighter and put this self-imposed crisis behind them -- other issues are in dire need of attention. If they want to make the grade in the eyes of young voters, this is an essential test.
If and when U.S. stock trading starts up again on Wednesday, the crowd waiting to trade will be like those Black Friday masses busting down the doors ...
Financial markets around the world aren't reacting much to the disaster in New York on Tuesday morning, either confident that the long-term economic i...
NEW YORK — Stock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading will ...
It is clear that the centrality of U.S. financial systems is crucial for its ongoing geostrategic status. Yet, unless the U.S. government continues to protect and promote this centrality, things can change dramatically. Is it happening?
Ever since the economy turned so sour that a lemon would seem sweet by comparison, I have wondered if there are any entrepreneurs out there with a bold business model that can help get the country back on its feet.
This is in stark contrast to how the public and some analysts make their picks. Unfortunately, it's also the best way to lose one's objectivity in managing risk. Objectivity and risk management are Siamese twins.
You might think the experience of pulling Knight Capital out of the flaming wreckage of its high-speed trading crash might make Wall Street finally see the need for regulation of high-speed trading. You would of course be dead wrong.
Namely, duty to market is the foundation of a well-functioning market. Only when combined with supervision, regulation, and codes of conduct stressing trust and personal integrity, can systemic failure, fraudulent practices, and rate manipulation be curtailed.
In emerging economies there's a pause in fiscal adjustment this year and next, but this too is generally appropriate, given that many of these countries have low debt and deficits.
SAN FRANCISCO -- Netflix shares surged by more than 14 percent Thursday as investors bet the growing popularity of the company's Internet video servic...
U.S. regulators are reportedly probing whether high-frequency trading firms have been conducting transactions with themselves in a potentially illegal...
It's not that economies are too slow to appease markets. It's that the markets have too much power to destroy economies. Let's not forget -- this entire crisis was caused because markets mispriced risk.
-- Gold prices hit the lowest level of the year Wednesday as uncertainty about Europe's political and economic future dominated world financial marke...
Market anxiety is good for everyone except you. The financial media loves and stokes it. Readers and viewers increase in uncertain times. The securities industry thrives on it.
We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.
