Putery Fx

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Student Debt Isn't Hurting the Economy the Way You Think

Last month, the Federal Reserve Bank of New York released a report that seemed to confirm the widespread suspicion that student debt had turned into …

Personal Finance

Will dollars follow the stem cell breakthrough? | Marketplace.org

Former Citigroup Boss Vikram Pandit To Set Up New Indian Bank

Banker Vikram Pandit his made his first big move since stepping down suddenly as Citigroup’s chief executive last October following a clash with its board. Pandit is buying a 50% stake, along with partner Hari Aiyer, an old colleague from his Morgan Stanley days, in a subsidiary of JM Financial, a …

Japan stocks retreat after Wall Street weakness

LOS ANGELES (MarketWatch) -- Japanese stocks extended their losses in early Friday action, with a weak overnight performance on the U.S. markets …

Stock Markets

The City of London’s future as a global financial center is safe…for now

LONDON—It’s a refrain that seems to get recycled every few years: London’s storied financial center, “the City”, is under existential threat from onerous new regulations or competition from emerging financial capitals.<p>But could the dire warnings prove true this time? Five years after the financial …

London School of Economics

Dollar tops ¥103 amid talk of Fed tapering

NEW YORK (MarketWatch) — The U.S. dollar rose to its highest level in nearly three years versus a basket of currencies and notched its highest level …