Carlos Rodriguez

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This new app is like fantasy sports for the stock market — and it's offering cash prizes

A new app called Vestly is essentially a fantasy sports app for stocks. You choose your portfolio by buying virtual stocks, and then rack up points based on its performance.<p>This way, you can prove that you're a better stock trader than your friends without actually risking anything, Vestly explains …

Stock Markets

Five Books

If you don’t read it already, the Five Books series is well worth your while. Its premise is simple and profound. In new interviews published every …

Books

'Free' Trade, Jobs And Income Inequality: It's Not As Easy As We Might Think

<i>Cheap imports, offshoring of production and the global expansion of financial markets have driven U.S. corporate and financial profits to</i> …

Mexico has a chance to be the world's 'next great power'

Mexico has the 11th-highest GDP in the world based on purchasing power parity, according to the International Monetary Fund. As Europe weakens, it will be in the top 10 in the not-too-distant future.<p>Yet, this country is regarded by many Americans as a Third World nation, dominated by drug cartels …

Execs from Goldman Sachs, Morgan Stanley, and other top Wall Street firms share their best career advice

You're up against thousands of other people during the application process, competing for a small number of roles.<p>And if you land a Wall Street internship or a full-time role, you'll have to learn how to navigate complex products, markets and organizations in double-quick time.<p>Business Insider …

Jerry Corrigan Retires from Goldman Sachs, a Friend and Foe of Paul Volcker

E. Gerald Corrigan has gotten used to big change during his career in government and on Wall Street.<p>There were drastic interest rate policy changes …

Venezuela Declares It Is Subject To Economic Warfare--And It's Right

The President of Venezuela has declared that, as a result of the country being subject to economic warfare, the state of emergency will be extended by another two months. And Nicolas Maduro is indeed correct: that benighted country is indeed subject to economic war. The problem is that it’s a war …

Venezuela

Bob Benmosche: How I Won the Battle for AIG

<i>In 2009 former MetLife (met) CEO Bob Benmosche was called out of retirement, which he was enjoying at his sun-swept villa in Croatia, to head up</i> …

10,000 jobs are set to disappear from Wall Street this year

Jobs will be going to smaller towns<p>The Wall Street job market has stood out as a relative beacon of solidity over the past 12-to-18 months. Bonuses …

Wall Street Tours the Tesla Factory—and Loves What It Sees

Wall Street analysts have been touring Tesla’s massive factory in Fremont, Calif., and they're returning with the same conclusion: Elon Musk's …

Banker Once Accused of Drug-Filled Foursome Returns to Wall Street

There is nothing more American than Sage Kelly getting a second chance.<p>Say what you will about Wall Street—land of the free-spending, home of the bravely bonused—but at least it remains a place where a banker accused of four-ways with a client and annual psychedelic-fueled parties in the Hamptons …

Wall Street

The Mexicanization of the United States

The destruction caused by neoliberalism is global. The patterns of economic, social, cultural and political assault that Mexico has suffered are …

United States

Stop Bashing Wall Street. Times Have Changed.

There's a perverse competition among some U.S. presidential candidates: Who can most loudly blame Wall Street for the problems of Main Street. …

Markets

Accused Kalamazoo gunman told police Uber app ‘took over his mind and body’

The man police say shot and killed six people in Kalamazoo, Mich., last month told officers that he was being controlled by the Uber app on his phone at the time of the rampage, according to authorities.<p>When a police officer asked Uber driver Jason Brian Dalton about the shooting, he told them that …

Crime

14 books to read on your commute that will make you smarter about business

One way of combining the necessity of getting to our workplace with success is to spend the time reading or listening to books.<p>Here are my suggestions for great business books to read or listen to during your commute.<p><b>1.</b><b>"The</b> <b>E-Myth"</b> by Michael Greber. This is an excellent book about the myths …

Self-improvement

Here are 18 books Wall Street will be reading this spring

Dave Lutz — head of ETF trading and strategy at JonesTrading whom BI readers know from his "super quick guides to what traders are talking about" briefs— compiled a dizzying list of the books Wall Street will be reading on "spring break" this year.<p>This year, Lutz got more than 700 responses.<p>And …

Contrary to Academic Evidence, Collaboration Is a Blessing

The point of a company is to work together<p>Collaboration is a curse, according to last month's Economist. Or it can be, if there's too much of it, which is the point of the column. The anonymous author--The Economist uses no bylines--was responding to a Harvard Business Review cover story as well as …