Rating agencies have been at the centre of major financial crises.
Rating agencies continue to be found wanting, primarily because of their business model where the institution being rated pays. This brings about a conflict of interest which is not easy to resolve.
The world’s newest country?
With the launch of the Libra cryptocurrency, Mark Zuckerberg reveals his dreams of building a new virtual country, perhaps inspired by the Roman Empire.
Embracing sustainable finance will help Canada build a green economy — and ensure all Canadians will flourish.
There is no need for Canadians to play catch-up on sustainable finance. We can lead.
Office of the Moody’s Corporation ratings agency.
Daniel J. Macy
Standard & Poor's, Moody's, and other ratings agencies have a long and storied history, but today they face significant criticism and the future of ratings themselves are under challenge.
The principles that drive financial markets emphasize short-term profits at the cost of long-term benefits.
Investors are increasingly concerned about climate change, but for the markets to deploy their full capacities, the dominant principles that guide them need to be revised.
Federal Reserve Chairman Jerome Powell speaks at a news conference.
AP Photo/Alex Brandon
The Fed abruptly ended two years of aggressive interest rate hikes, signaling the longest economic expansion on record may be coming to a close.
John C. Bogle, founder of Vanguard Group, died in January.
The index fund revolutionized investing for millions. Its founder died on Jan. 16.
Donald Trump is eroding trust in the US – but the dollar's preeminence in global finance will easily withstand this.
Bitcoin has been on a downward ride over the last year, steadily trading below US$4,000. It could get worse.
Investors – like everyone else – have little idea of what's going to happen next and are reacting accordingly.
EarnestTse / Shutterstock.com
Who would you rather work for: Apple or Domino's Pizza?
Turkish president, Recep Tayyip Erdoğan.
President Erdoğan is accusing the West of striving to destabilise Turkey.
A bitcoin logo at a facility in Caracas, Venezuela.
Evidence of past price manipulation of bitcoin and the just-launched Justice Department investigation highlight the need to take steps against cryptocurrency fraud.
Turkish president, Recep Tayyip Erdogan, looms large over the upcoming elections.
The Turkish lira has dropped more than 15% this year against the US dollar.
Bitcoins and benjamins: Which is the real currency?
One of the hot questions regarding the bitcoin since the first ones were created in 2009 is its real value. We will try as well to answer to this question using two concepts in economics and finance.
Starman takes a drive in his Tesla.
Elon Musk is a master of keeping investors believing in the dream of Tesla, but analysis of the company’s output and financials reveal a darker picture.
London’s financial district at night.
The London Interbank Offered Rates is one of the world's key financial tools, but the 2008 rigging scandal has led to calls for its being phased out. Can we find better ways of building the LIBOR rate?
Water from Addicks Reservoir flows into Houston neighborhoods following hurricane Harvey in August. Allstate expects US$593 million in insurance losses for August due to the hurricane.
(AP Photo/David J. Phillip, File)
Insurance-linked securities aim to shield insurers and governments from huge costs following disasters. But they bear eerie similarities to the securities that caused the 2008 financial meltdown.
The finance industry has developed a powerful set of tools over the years, which could be used to improve well-being and solve our environmental problems.
A pioneer of ethical consumerism, wedded to a corporate giant with a questionable record? The lessons of a decade ago should be ringing alarm bells.