The top banking regulator in New York is accelerating his hunt for bitcoin bad guys, as both state and federal regulators are taking a closer look at the virtual currency.
Once again, the flood of momentum-chasing hot-money provided by the world's central banks' printfest is leading investors to push up European equities markets to the highest level since 2011 amid optimism that the region is recovering (top-down GDP dashed that hope this morning). Show More Summary
Leah Platt Boustan (UCLA, Department of Economics), Fernando V. Ferreira (University of Pennsylvania, The Wharton School), Hernan Winkler (World Bank) & Eric M. Zolt (UCLA, School of Law), The Effect of Rising Income Inequality on Taxation and Public Expenditures: Evidence from U.S. Municipalities and School Districts, 1970-2000, 95 Rev. Econ....
If you’re a criminal bank that profits from the financial exploitation of the lower and middle classes and your occupation has no real use for the world, people might ask pretty harsh questions.
Janet Yellen is facing the Senate Banking Committee Thursday for her confirmation hearing to become (arguably) the world's most powerful economic policymaker. Her prepared statement was released late Wednesday. Read it here. Here are nine questions Wonkblog would like to … Continue reading ?
Over at the [Equitablog](http://equitablegrowth.org/blog/): We Need a Less Ideological Language to Describe Politicians: Thursday Focus In a Good World, Would We Have to Deal with “Global Imbalances”? Janet Yellen as Central Banker...Show More Summary
Evening Headlin es Bloomb er g: Local $1.6 Trillion Debt Pile Impedes Rate Freedom: China Credit. Chinese local governments’ $1.6 trillion in bank borrowings are a major obstacle to the freeing up of interest rates in the world’s second-largest economy, according to BNP Paribas SA and Capital Economics Ltd. Show More Summary
The best from the Twitterverse on the world of finance. The guys discuss Bank of America and Ellington Residential Mortgage REIT.
Are you searching for your next great career opportunity in the digital space? The Mashable Job Board is here to serve you as the leading destination for digital talent. Since its launch five years ago, the Mashable Job Board has been a hiring hub for more than 3,000 employers. Show More Summary
Evening Headlin es Bloomb er g: Banks From Emerging Markets Threatened as Credit Boom Diminishes. The world’s largest emerging markets recovered quickly from the 2008 financial crisis because consumers and companies went on a borrowing binge. Show More Summary
FATCA is in the news frequently as the cause of global bank transparency. In reality, though, bank secrecy was really broken by the John Doe summons. In 2008, the John Doe summons blew the lid off the hushed world of Swiss banking. A judge allowed the IRS to issue a John Doe summons to UBS for [...]
"It's not just the Fed, it's central banking," Jim Rogers exclaims to Reuters in this brief clip, "this is absolute insanity." As the world's central banks, for the first time in history "try to debase their currencies," simultaneously,...Show More Summary
The establishment would have us believe that a world without central banks would be 'like all the worst parts of the bible', but as Professor Lawrence White notes, as failures among central banking systems mount, it is time to reconsider the alternative of free banking. Show More Summary
WASHINGTON (Reuters) - Emerging markets are likely to see considerably more impact from higher U.S. interest rates when the Federal Reserve pulls back from its massive monetary stimulus, World Bank President Jim Yong Kim said on Tuesday.
The head of the World Bank said that Chinese economic data are improving and expressed confidence that Beijing would continue on the path toward reforming the world's second-biggest economy.
Annie Lowrey: The Inequality of Climate Change, by Annie Lowrey, NY Times:... “No nation will be immune to the impacts of climate change,” said a major World Bank report on the issue last year. “However, the distribution of impacts....
To almost no one's surprise the U.S. Federal Reserve (Fed) decided to continue its experimental bond buying known as Quantitative Easing or QE. The Fed is not alone. Since 2009 it is estimated that central banks all over the world pumped roughly $9 trillion into the world economy. Show More Summary
M.A.D.E. was selected as the winner for the Caribbean in the VentureOut Challenge on Nov. 1, 2013. Launched by the World Bank’s infoDev and CRDF Global, an international organization which promotes international technical collaboration, the competition sought to support mobile app entrepreneurs to expand internationally. Show More Summary
Bill.com, a platform that connects payments, receivables and manages cash flow, has raised $38 million in an oversubscribed round led by new investor Scale Venture Partners. The round also included participation from Bank of America, American Express, Fifth Third Bank, Pete Kight, the founder of CheckFree, and Commerce Ventures. Show More Summary