Curious CapitalistFinancial Regulation
Gary Gensler, the chairman of the Commodity Futures Trading Commission, has been the toughest cop in D.C. since the financial crisis, and the only person really willing to take on Wall Street. Although his term may soon be coming to an end, the CFTC yesterday showed it still has plenty of bite left by suing Jon Corzine, the former New …
Business has been on the decline in Atlantic City casinos for six years and running. To stop the bleeding, casinos are betting big on online gaming—an option that, of course, gives gamblers an easy way to avoid Atlantic City entirely.
The stock market may steal the headlines, but in many ways its the bond market — be it mortgage-backed securities, government bonds, or corporate debt — that is the real star of the economic show. When the Federal Reserve seeks …
Curious CapitalistCurious Capitalist
This article is the fourth in Foroohar’s series on Chinese business and economic developments and their effects on the global economy; find the rest of the series here.
While Americans often worry that hordes of Chinese …
Solar power is getting cheaper—and Big Electric is fighting back
“Excellent protection for the foot and the womb!” one reviewer says of the Mizuno sneakers worn this week by Texas State Senator Wendy Davis during her historic filibuster of an abortion bill.
Seventy percent of U.S. employees are either “not engaged” or “actively disengaged” at work. Put more simply, most of us hate our jobs.
Yesterday’s historic Supreme Court rulings will have a ripple effect on the lives and futures of gay couples, especially when it comes to their personal finances. The Court’s decision on the Defense of Marriage Act means that people who marry and live in states with legalized same-sex marriage will have that union recognized by the
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Sharing may seem harmless—a helpful, good thing for society, even. But for months, “sharing economy” businesses like Airbnb, FlightCar, and Lyft have come under legal fire in cities such as San Francisco, New York, and Austin. This week, ridesharing companies, which match nonprofessional drivers up with paying passengers, received …
The do-it-yourself retirement has largely failed. Swapping traditional pensions for 401(k) plans sounded good while markets were roaring. But 15 years of choppy returns has brought us full circle: Most workers now say no benefit would be more valuable than guaranteed retirement income.
Four in five employees would forfeit at least 5% …
If you believe the stock market, the temporary staffing industry stands to gain from Obamacare’s implementation.
Swartz’s father has endorsed new legislation designed to reform the federal law that U.S. prosecutors used to threaten Aaron with 35 years in prison.
