Not so wise after all?
Traders work the floor of the New York Stock Exchange.
New research suggests mini-crashes, in which the price of a single stock or commodity temporarily goes haywire, may be unstoppable.
United States Sen. Elizabeth Warren questions Wells Fargo CEO John Stumpf, foreground, during congressional hearings into allegations that bank employees opened millions of unauthorized accounts to meet aggressive sales targets.
(AP Photo/Susan Walsh)
Unethical corporate behaviour isn't just embarrassing from a PR standpoint, it can also be unprofitable for firms and their investors.
Traders react with dismay after stocks plunged in September 2008 following the collapse of Lehman Brothers.
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it's done today.
There are lemons in the stock market too.
Rich Kareckas/AP Photo
As the New York Stock Exchange marks 200 years since its official formation, investors are wondering whether the surging stock market is a 'Trump bump' or more like a lemon.
Pro-Trump supporters in Manhattan. The new US president appeals to many Americans marginalised by globalisation.
The world needs an alternative system, measuring economic value in face of the dissatisfaction that brought Donald Trump to the White House.
Stocks have their day.
The world's most famous stock index just broke 20,000 for the first time. Here's why it doesn't really matter.
In Wells Fargo’s case, a discussion often wasn’t required.
Wells Fargo via www.shutterstock.com
Regulators fined Wells Fargo US$185 million for fraudulently opening up more than two million fake deposit and credit card accounts. Will the victims get their pound of flesh from those responsible?
Preaching unity in 1948 on the Freedom Train.
US National Archives and Records Administration
Previous efforts to cement national cohesion offer a model but also, says a historian, a warning.
A frequent call market may help prevent ‘flash crashes,’ like this one on May 6, 2010.
New research shines light on whether creating such a haven as a new type of exchange that slows trading down a bit could attract enough traders to be effective.
Wall Street has been difficult to tame.
Sanders and Clinton have been trading blows over who’d be best to reform Wall Street, but new research suggests they may not have the ‘authority’ to do it.
© 2015 Paramount Pictures. All Rights Reserved.
Yet another dramatisation of the events surrounding the financial crisis that leaves a sour taste and a questionable moral lesson.
What can a trader learn from a tweet?
Real-time analysis of Twitter data has been successfully used to predict elections, flu outbreaks and box-office results. So could it also be used on the stock market?
“In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.”
While recent days have witnessed a sharp sell-off in global stock markets it is important to remember that investment is generally a long-term game.
The view from Wall Street.
Big banks via www.shutterstock.com
Looking back at how the US financial industry grew to dominate the economy rather than merely serve it will help us avoid another crisis.
Like the banks, John Gotti was known as the ‘teflon don’ because of prosecutors’ failure to convict him for his alleged crimes.
Banks have become like Wall Street versions of "teflon don" John Gotti, able to avoid conviction despite repeated criminal prosecutions.
Too much to hope for?
“There is no such thing as too big to jail,” Attorney General Eric Holder announced in a sternly worded video message last May, underscoring that no financial institution “should be considered immune from…
Janet Yellen will make waves next year.
International Monetary Fund
As the US economy emerges from recession, the prospect of the US Federal Reserve raising interest rates grabs the attention of the financial markets more and more. US rates have been close to zero for…
Hanging by a thread? Tech giants might be in the bubble.
No need to beat about the bush. There is another tech bubble in the United States. The relationship between the share prices and profits of US tech companies like Facebook, Twitter and LinkedIn is at unsustainable…
On the retreat. Hedge fund manager Steve Cohen.
A US judge has approved a US$1.2 billion settlement and accepted a guilty plea by hedge fund SAC Capital in what has been described as the largest insider trading settlement in the country’s history. Eight…
Fabrice Tourre, a former trader for Goldman Sachs, walks out of the United States Federal Court after being found liable for defrauding investors.
Echoes of the Global Financial Crisis resonate while debate continues on the best way of dealing with its consequences, including the actions taken by the Europeans and Americans to counter its effects…