The previous upturn in housing prices faltered after a year, but all the signs suggest that the current home price recovery …
Finance
The Real Significance of the Bitcoin Boom (and Bust)
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
Are Electric-Car Enthusiasts a Little Too Enthusiastic?
Some electric vehicle owners have over-the-top praise for their cars’ performance and practicality. Does that mean the vast majority of drivers on the road are stupid for not being EV early adopters?
Mergers and Acquisitions Boom! Is This a Good Sign for the Economy?
Wall Street dealmakers are off to a busy start to 2013, as some of corporate America’s most recognizable names have become involved in multi-billion-dollar mergers and acquisitions. Just yesterday, American Airlines and US …
Why Can’t This Economy Really Get Going?
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
Has the Banking Industry Really Been Fixed?
The banking sector still faces big challenges, but greater transparency will boost investor confidence and also encourage banks to manage risk better internally.
Lots of Goodies Were Stuffed into the Fiscal Cliff Deal
A host of special interests, from filmmakers to rum distillers, got tax breaks in last week’s fiscal cliff deal.
LIBOR Scandal: Yep, It’s as Bad as We Thought
Do We Have Another Financial Bubble On Our Hands? Or Three?
Multiple debt markets are facing big trouble because of excessive borrowing and the Fed’s easy-money policies.
Banking’s Really Bad Day
Four years on from the financial crisis, new banking scandals still seem to break out every few months. But this week has been particularly bad for the industry. There was HSBC’s $1.9 billion settlement with the U.S. Justice Department over laundering money for Latin American drug cartels and helping countries like Iran, Cuba, Sudan, …
How Fining Bad Banks Can Fix Our Biggest Money Problems
When the government came down hard on Big Tobacco a decade ago regulators required that a portion of any penalties go toward educating youth on the dangers of smoking. Amid the big bank Libor scandal and a stream of continuing bank fines, regulators now should require that a portion of future bank penalties fund financial education. It’s …
