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.
Wall Street & Markets
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.
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
The normally secretive private equity industry spent 2012 in the spotlight thanks to Mitt Romney‘s ill-fated presidential run, and some of these firms appear to be capitalizing on all the free press they received — literally.
That’s right, the publicly traded private equity firm Carlyle Group — whose funds were once open only to the …
Four and a half years after the passage of TARP, one thing is abundantly clear: The American public really, really hates bank bailouts. And yet, nearly three years after the passage of the Dodd-Frank financial reform bill, it …
Thanks to the Internet, it’s never been easier to become briefly famous. Posting an especially creative, embarrassing, funny, or otherwise highly “shareable” video or blog online will usually do the trick. But becoming rich and famous? That’s far more difficult.
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.