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
A Bentley Boom? Rising Sales for Luxury Automakers Like Bentley, Jaguar, Porsche
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.
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
10 Biggest 401(k) Mistakes—and How to Avoid Them
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. …
Is the Global Economy Slowly Falling Apart?
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
Why Derivatives May Be the Biggest Risk for the Global Economy
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
Why Are Wall Street’s Billionaire Sharks Circling Dell?
Two of the most prominent figures on Wall Street — Carl Icahn, the famed corporate raider turned “activist investor,” and Stephen Schwarzman, the billionaire behind private equity behemoth Blackstone Group — have expressed …
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.
Carlyle Group Wants to Make You the Next Mitt Romney
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 …
Are Banks Bluffing About the Danger of Banking Regulation?
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 …
So Your Video Went Viral: Great! Just Don’t Expect to Get Rich
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.
If There’s No Inflation, Why Are Prices Up So Much?
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.