So much for international financial regulation

John Gapper on where things stand in reforming the global financial system:

This leaves us precisely where we started, with France and Germany tilting misguidedly at hedge funds while the UK and the US fear to clamp down on large banks in case they move from New York to London (or vice-versa) or locate themselves offshore.

It does seem …

What Will a Cheapskate Spend Good Money On? Part IV

Even a cheapskate has to spend money sometimes. I’ve asked various frugal folks—bloggers, writers, money-saving and consumer experts—to compile personal, totally subjective lists of the products, services, experiences, and other “things” they’re willing to shell out good money on. Because if a cheapskate is willing to drop cash on …

How to Fire Someone—Or Just Watch a Co-worker Get Fired

It’s etiquette time. The day when someone you’ve worked with for years, or even for a few months, gets walked to the door with a box of personal items (and perhaps some pilfered notepads and pens) is awkward, to say the least. Since layoffs are so commonplace nowadays, it behooves everyone to have a clue what to do. How should the …

A frying-pan-shaped housing market recovery

David Stiff, chief economist at Fiserv (which powers those somewhat-known Case-Shiller Home Price Indexes), stopped by this morning for a chat. In talking about how we might emerge from our housing malaise, he doodled on his notepad (which I’ve captured above thanks to help from Emilie at our photo desk). As a journalist, I have a duty

Is the Minimum Wage Hike a Good Idea?

On July 24, the minimum wage will increase from $6.55 to $7.25 an hour. Every worker deserves a living wage, but the timing of the pay hike is less than ideal. The national jobless rate is nearly 10 percent, and among American teenagers—who are likely to work many of those minimum-wage jobs seeing a pay increase—the unemployment rate …

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