Wealth addiction is as powerful as any other, but instead of urging addicts to get help, we often admire them. Yet they do much more damage to the world at large than your average coke fiend.
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Oliver Stone’s 1987 film Wall Street turns 30 this month. Its infamous character’s mantra, “greed is good”, seems oddly prescient with greater inequality and an even more rampant culture of greed.
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.
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.
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?
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.
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.
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?