Nobel economics prize awarded to three who studied wealth of nations
This year’s economics award reinforces a comforting but false story about democracy.
City & Markets
Nobel Peace Prize awarded to Japanese atomic bomb survivors
The decision of Venezuelan opposition leader María Corina Machado to present her Nobel Peace Prize medal to the US President Donald Trump is not a harmless symbolic flourish. It is a political act, an…
DirecTV to acquire EchoStar’s video distribution business including Dish TV and Sling TV
Satellite pay TV providers DirecTV and Dish are again, officially seeking a merger.
Moody’s places all of Boeing’s ratings on review for a downgrade
With credit rating agencies looking at the status of Boeing and its debt, the company could become the biggest 'fallen angel' if the aircraft manufacturer’s status is downgraded to junk.
Microsoft to lay off 650 people from videogame business: WSJ
Younger Americans are spending 25% less on video games today than this time last year.
Alibaba stock climbs on report of vendor service fee increase
Alibaba Group Holding Ltd. has seen its stock price strengthen, boosted by stronger-than-expected earnings and renewed investor confidence in its long-term strategy. The company’s environmental, socia…
What is offshore banking, and is it legal?
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Wholesale inventories in U.S. rise 0.1% in April
Canadian GDP growth slowed sharply in Q2, coming in weaker than expected at -1.6% on an annualized quarter-over-quarter basis, following a strong 2% gain in Q1.
Hibbett shares fall as Q1 sales miss analysts’ estimate
Let’s dig into the relative performance of Hibbett (NASDAQ:HIBB) and its peers as we unravel the now-completed Q1 sports & outdoor equipment retailer earnings season.
I bond vs. high-yield savings account: Which is better for beating inflation?
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Retail Investors' Influence on Stock Market Falls As Meme-Stocks Fade - markets.businessinsider.com
Retail investors' influence over the stock market is declining as they ditch trading individual stocks and risky options in favor of more traditional equity funds, JPMorgan said in a Wednesday note.
27 lawmakers call on House leaders to 'swiftly' ban members from trading stock in office - CNBC
More than two dozen House members from both sides of the aisle are calling for House leadership to "swiftly" ban members of Congress from owning or trading stocks while in office.
What your investor friend is not telling you - World Bank Blogs
Households’ savings decisions — the types of financial instruments they use, whether they invest or not in stocks — often look similar to those of their neighbors. Social interactions allow for inform…
Insights gained from 2018, a rocky year in stocks - Yahoo Finance
Will 2019 Be a Good Year for Investors? Here Are 4 Key Factors Affecting Stocks and the Economy (Published 2019) - The New York Times
Here's How Wall Street Weathered Snow Storm Stella - Fortune
Even Wall Street’s computers still have a problem with a messy commute, apparently. Although it’s still less than human traders did decades ago.
Inside High Frequency Trading: Algorithms, Not Markets, Lead to Wall Street Riches - Inverse
A trade that makes a penny is a win. And with the number of trades the algorithms and processors driving high frequency trading shops are making per minute, days are full of wins and coffers are overf…
China halts trading for day after 7% shares plunge triggers 'circuit breaker' - The Guardian
Chinese stock markets tumbled 7% in their opening session of 2016 on Monday as weak factory activity surveys and falls in the yuan added to concerns about the struggling economy, forcing exchanges to …
Dow closes down triple digits, posts worst opening day in 8 years - CNBC
U.S. stocks closed lower Monday, the first day of trade of the year, weighed by renewed concerns of global economic slowdown and increased tensions in the Middle East. An overnight drop in Chinese sto…
What Will It Take to Regulate the Stock Markets? - Kellogg Insight
Past efforts to regulate the U.S. stock markets have brought mixed success and more than a few unintended consequences.