Analysts at Facebook’s lead underwriter, Morgan Stanley, have set a price target of $38 on newly-public Facebook’s stock — just weeks after the Wall Street giant’s investment bankers took the social network public at that price. …
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Should All Young Americans Be Fiscal Conservatives?
Resources keep shifting to the elderly at the expense of the young, who will end up paying off a mountain of debt while their own standard of living is eroding.
After Facebook Debacle, Can Investors Trust the IPO Process?
It’s been over a month since Facebook’s troubled initial public offering, and the fallout continues to reverberate from Wall Street to Capitol Hill. Angry shareholders have filed over 40 lawsuits against Facebook, its …
Beware the Bond Bubble
Few investors in these troubled times would dream of expecting double digit returns.
Who’s to Blame for the Facebook IPO Debacle? Federal Court May Decide
Technical errors caused by the Nasdaq stock exchange helped push down Facebook shares in early trading, the social networking giant suggested in a legal filing late Friday, turning what should have been a triumphant moment for …
Money Talking: What Matters More to Voters, Gas Prices or Jobs?
A lot of people say gas prices will affect the election. But, in fact, the unemployment rate is a lot more important as a political predictor. New York Times columnist Joe Nocera and I examine the connection between economics and elections — as well as how lousy we all are at predicting risk, and the top financial news of the week — on …
Is India’s Growth Story Over?
Is India heading towards the end of its much-touted growth story? A report by global credit rating agency Standard and Poor’s (S&P) released on June 11 seems to suggest so. Titled “Will India be the first BRIC fallen …
Why HBO Is Once Again TV’s Most Relevant Network
It was just one more small step for TV Everywhere. HBO Go will now be available on yet another tablet, the Kindle Fire, through eight out of the top 10 pay TV services in the U.S.
And it was just one more incremental move for …
‘Self-Employment Assistance’: How We’re Helping Americans Help Themselves
In June of 2008, Adam Lowry and Michael Richardson found themselves unemployed. The tech startup where they worked in Portland, Vidoop, had just closed its doors, and employees were being offered company laptops in lieu of
…
Euro Crisis: Is the Currency (Finally) Doomed?
Since the start of Europe’s debt crisis in 2009, there has been a steady drumbeat of predictions that the euro is doomed. The problems were too intractable, the debts too large, the political will too feeble. So far, the …
Euro Crisis: Why a Greek Exit Could Be Much Worse than Expected
More than one kind of damaging domino effect is possible if Greece is forced to abandon the euro
How to Stop Sleeping with Your Smart Phone
In her new book, Sleeping with Your Smartphone, Harvard Business School professor Leslie Perlow details her years-long research project with the Boston Consulting Group, an attempt to improve the work-life balance at the …