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Blog Profile / Business Insider: Money Game

Filed Under:Business & Finance
Posts on Regator:80218
Posts / Week:266
Archived Since:February 11, 2009

Blog Post Archive

Fed's Fisher To Retire March 19; Dallas Fed Hires Search Firm

(Reuters) - Dallas Federal Reserve President Richard Fisher, one of the U.S. central bank's most ardent policy hawks, will retire on March 19, the regional Fed bank said on Thursday. The bank's board of directors has hired Heidrick & Struggles to conduct a search for his replacement. Show More Summary

Exclusive: U.S. Ex-Im Acknowledges Errors In Politically Sensitive Small Biz Data

By Howard Schneider and Krista Hughes WASHINGTON (Reuters) - The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender's survival strategy. Show More Summary

Millennials And Mobile-Savvy Consumers Are Driving A Huge Shift In The Retail Banking Industry

Banking institutions are in a race to provide the newest online and mobile features to their users, as retail banking branches lose their relevance fast. Capturing the attention of younger adults — and, in particular, millennials — when they're first choosing their bank can lead to a long-term market advantage. Show More Summary

Striking Photos Show How Much China Has Changed In Just 30 Years

Few countries have changed in the last few decades as much as China. What used to be a mainly rural, under-developed country is now the world's largest economy, one who's cities are growing at a massive rate. Little remains of its not-so-distant past. Show More Summary

Elizabeth Warren Could Become A Lot More Powerful Today

Rumours are circling that Wall Street's least favorite politician could get a promotion today, says Politico's. Senate minority leader Harry Reid (NV) is in private talks with Elizabeth Warren ahead of closed-door leadership elections set for this afternoon. Show More Summary

Exchanges Issue Summary Of Data Processor Meeting For First Time

By Herbert Lash NEW YORK (Reuters) - The U.S. stock exchanges have posted online details about the management of data processors that have sparked embarrassing trading glitches and accusations of shoddy disclosure by releasing minutes from an oversight meeting for the first time. Show More Summary

Traders Are 'Scared As Hell' Of What's Happening In Venezuela

Venezuelan investors are abandoning ship en masse after the government indicated that it will not take immediate measures to stop the country from sinking deeper into chaos. "I am scared as hell," said one Latin American bond trader....Show More Summary

ART CASHIN: Traders Are Passing Around A Hedge Fund Manager's Warning Of 'Powerful And Dangerous' Delusions

The Federal Reserve and its central bank peers around the world unleashed unprecedented amounts of monetary stimulus in its efforts to pull the economy out of the financial crisis. While growth remains anemic, we are no longer in crisis-mode. Show More Summary

Egypt Says To Repay Debts To Foreign Oil Companies Within Six Months

CAIRO (Reuters) - Egypt plans to repay all of the $4.9 billion debt owed to foreign oil and gas companies within six months, the oil ministry said on Thursday, a move it hopes will prompt them to step up exploration and ease the worst energy crunch in decades. Show More Summary

Wall Streeters Are Changing The Way They Drink

If you know anything about Wall Street, you know that there are rules. Most of them are not written anywhere, you simply learn them through observation. Part of learning is observing how people follow those rules, and another part is laughing when people get punished for breaking them. Show More Summary

The Sad State Of American Inequality In 12 Charts

Income and wealth inequality continue to be a major political issue in the US and around the world. The World Economic Forum just surveyed its list of Global Agenda Council Members on the biggest issues facing the world, and rising inequality came in at number one. Show More Summary

Why This 46-Year-Old Banker Regrets Spending His Life Making Money

Last week, Australian Redditor JohnJerryson found out that his wife has been cheating on him for the last decade. The discovery sparked a lengthy post reflecting on his life in the sub-Reddit r/tifu ("Today I F---ed Up"), called "TIFU My whole life. Show More Summary

BOEHNER: Chinese Climate Deal Shows Obama's 'Crusade' Against Affordable Energy

House Speaker John Boehner (R-Ohio) isn't happy with President Barack Obama's new agreement with China to lower greenhouse gas emissions. "It is the latest example of the president's crusade against affordable, reliable energy that is already hurting jobs and squeezing middle-class families," Boehner declared Wednesday morning. Show More Summary

JEFF SAUT: 'There Is Always A Polar Vortex' (RJF, FDX)

In the US, the Midwest has already seen some serious snow accumulation and January-like temperatures. And people are again invoking the term "Polar Vortex" to discuss the recent weather. But according to Raymond James strategist Jeff Saut, there is always a "Polar Vortex." You might say Saut is a Polar Vortex truther. Show More Summary

Japanese Shares Hit Seven-year Highs On Tax-relief Hopes

By Hideyuki Sano TOKYO (Reuters) - Japanese stocks scaled seven-year highs on Wednesday on growing expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile recovery, and call a snap election to bolster his political standing. Show More Summary

The Great Bourbon Shortage Has Begun, And There's No End In Sight

Get ready to pay more for your Kentucky whiskey. Or do without it. Because of the recent spike in popularity of the brown spirit, distillers, who generally need to age even the cheapest stuff for 8-10 years, are warning that a major shortage is coming. Show More Summary

Pimco Could Withstand Extra $300-350 Billion Outflows Over Two Years: Morningstar

By Jennifer Ablan NEW YORK (Reuters) - Pacific Investment Management Co. can withstand additional outflows of approximately $300-350 billion over the next two years before its portfolio management operation is impaired, according to research firm Morningstar Inc. Show More Summary

The 10 Business Schools That Have Produced The Most Billionaires

Harvard Business School has produced 64 billionaire alumni, the most by far of any graduate business school in the world, according to a new report from Wealth-X. There is a massive gap between Harvard and even the next highest ranked business school, Stanford University, which has 23 billionaire MBA alumni. Show More Summary

REPORT: Bill Ackman Just Took A Huge Stake In An Animal Health Company And Shares Are Ripping

Activist investor Bill Ackman, who runs Pershing Square Capital, has taken a huge stake in animal health company Zoetis, the Wall Street Journal reports citing unnamed sources familiar with the investment. Shares of Zoetis (ZTS) were last trading up about 7% following the news. Show More Summary

This New Investment Firm Lets You Pay Whatever You Want For Its Service

Aspiration, an online investment firm that launched Tuesday, has a radical idea. Unlike traditional investment firms, which charge a percentage of the assets invested, the company plans to go in another direction: Pay whatever you think is fair. Show More Summary

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