At 1:07 p.m. on Tuesday, the Twitter feed of the Associated Press told us that Barack Obama had been injured in an explosion at the White House. The tweet was fake — the product of a hack — but given the events in Boston last …
Wall Street & Markets
It’s rare these days to find a bill that garners bipartisan support, but members of both parties in the U.S. Senate are getting behind the Marketplace Fairness Act, which will enable states to collect sales taxes on products sold by online, out-of-state vendors. The goal of the bill is to level the playing field between online retailers …
Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
This week, the death of one high-profile grocery chain, and the ascendancy of another, tells us a lot about what Americans want in a supermarket—and what we’re just not buying.
Since 2011, the gold market has shown signs of weakness, culminating in a multiday crash that began on Thursday and continued into Monday
Unless the Boston Marathon bombings are part of a much larger plot, it seems unlikely that their effects on the stock market will last more than another day.
So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
As traditional defined-benefit pensions become increasingly rare, more Americans instead are offered employer-sponsored 401(k)s, defined-contribution plans that require participants to be more proactive and educate themselves. …
For Americans, the economy is likely to remain sluggish for several years, but the long-term outlook isn’t nearly as bad as the pessimists say
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.