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)
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.
Reuters/Andrew Kelly
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
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?
“In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.”
Reuters/Mike Segar
“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.
Esther Vargas
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.
Justin Lane/EPA
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…