The stock market's much-anticipated next correction will briefly open the door to an investing strategy that is almost never a good idea. Borrowing to invest – a.k.a. leveraging – is the definitive case
Last May, when Ben Bernanke made unexpected comments about tapering and set off a brutal sell-off in emerging market assets, nowhere in southeast Asia was more badly affected than Indonesia. Named as member
The U.S. economy seems sluggish today, but ironically, it may also be over-stimulated. Like someone who has had too much caffeine but is on the last reserves of strength, the economy is showing some effects
Economists have begun seriously discussing the idea of banning banks. That seems ridiculous and far-fetched, but the idea might not be as crazy as it sounds. But before we get to the idea, there's something
The implosion of Mt. Gox has been widely heralded as a sign of a new era of Bitcoin companies, but there are still examples of the unpredictable and shady side of the cryptocurrency world, as developments
The Prime Minister of Japan has a radical agenda. Break Japan’s death spiral. To do this he must first break the deflationist stranglehold of Japan’s government institutions and then drive inflation to
• Net income growth was strong in 2013.• Alternative measures of growth were much weaker.• This could be bad news for business investment. There is more than one way to measure growth in corporate America.
This week, the chief executive of Barclays, Antony Jenkins, explained the rationale behind a £200m increase in bonuses at the bank, despite the fact that profits had fallen. There had been resignations
A solar-panel manufacturer has become the first Chinese company to default on domestic bonds, in a watershed moment for market forces in the world's second largest economy. There was no sign of a last-minute
Perhaps the single most important change in U.S. retirement policy so far in the 21st century was Congress’ decision to encourage 401(k) and other defined contribution plan sponsors to automatically enroll
"This year, he shares some news that even you, the poor average bastard, can use," wrote Gawker's Hamilton Nolan. That blunt language may seem aggressive, but it may actually be exactly what readers need.
Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection last week. Today, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited
• Insurance, rail and energy businesses help push 10% increase • Expert: ‘Life is good at Berkshire Hathaway’ Warren Buffett’s company said Saturday that fourth-quarter earnings rose 10% to nearly $5bn