I always find it amusing whenever someone expresses surprise that the financial bailouts for Greece haven’t benefitted Greek citizens. “Bailout Money Goes to Greece, Only to Flow Out Again” in the New York Times is just the latest example. “The cash exodus is a small piece of a bigger puzzle over why — despite two...Read More
No, NBC is not investing in Fox News.
On July 1, the Financial Times wondered just how low the Mexican peso could go, likening the ill-fated currency to a limbo dance: “Every month, it gets just that little bit lower.” In the 20 trading days since, the peso has experienced eight record daily lows, in itself a record, even for Mexico. Show More Summary
(Reuters) - Online ride hailing service Uber Technologies Inc is set to invest $1 billion in India, which will bring its investment on par with that in China, the Financial Times reported. Uber said that this move would help its service reach 1 million daily rides by March 2016, the first time the company has set such target for India, FT said. Show More Summary
Seven years after the housing crisis, which led to the financial crisis, which led to the recession, it may be time to review what happened to the people, the government, and the financial industry (banks, mortgage lenders, and investment firms). Show More Summary
Mortgage Fraud Blog. A financial broker who is serving time in federal prison in connection with a $2 million mortgage scheme took the stand Wednesday in the conspiracy trial of ex-Eagle Irving Fryar and his mother, Allene McGhee, in the Burlington County Courthouse in Mount Holly. Show More Summary
The job of U.S. financial regulators is a vitally important one. A well-regulated Wall Street is essential to create an economy that works for working people. Regulators protect the stability of financial markets and help us avoid crises. Show More Summary
by Angela Guess Nitin Agrawal recently wrote for Financial Express, “It at times feels magical that Search engines know, with unbelievable accuracy, exactly what you are looking for. This is the result of a heavy investment in NLP [natural language processing] and Semantic technologies. Show More Summary
It’s not Paul Murray’s settings or themes — decadent aristocrats, clerical sex abuse, the financial crisis — that mark him out as original, it’s his handling: the wild plotting, the… Read more The post Angry, funny, timely appeared first on The Spectator.
Executives at SolarCity, a bellwether of the solar retail business, discussed the company's second-quarter earnings this afternoon, and here are three takeaways: 1. Show Me the Money: For the first time, SolarCity teases out the cash it's been generating from the long-term power sales contracts it signs with customers, most of [...]
It’s unusual to see the Financial Times go with a football story on the front page of their paper, but that’s whats happened this Thursday. The famous economic salmon-coloured newspaper has a picture of current FIFA president Sepp Blatter chummily holding hands with current UEFA president Michel Platini on their splash. Show More Summary
Nikkei is the latest Japanese company to look for growth outside the shrinking domestic market. Its Financial Times purchase may work out, but the approach is flawed. Few companies can profitably escape their demographic destiny. It may be better to accept steady decline.
Imagine ordering your Friday night pepperoni pizza and your delivery man shows up with only six of the 12 slices and yet asks for full payment. Imagine paying a financial consultant to prepare your taxes and they complete half of your...Show More Summary
Should you find yourself wondering the status of industrial production in the U.K., or the status of the housing market, or, for that matter, unemployment rate, the Financial Times has just the tool for you. This morning, the FT launched The U.K. economy at a glance, a bookmark-friendly dashboard that tells the story of the...
"Perhaps the last lesson I took away from my Shanghai experience: Maturity takes time. Just as kids grow from naïve adolescence to rowdy teenage years to eventual maturity, so will China and its market participants. While stocks have been a part of U.S. Show More Summary
So another British institution falls into foreign ownership with the sale of the Financial Times (FT) for £844 million (c.US$1.3bn) cash by Pearson Group to Nikkei Inc., the largest independent business media group in Asia. That’s 35 times the FT Group’s adjusted operating income of £24m last year. But are [...]
The Japanese business newspaper hopes that the $1.3 billion purchase will give it a trophy that can compete with major papers in Europe and America.
While the Consumer Financial Protection Bureau (CFPB) may have thrown the real estate industry a bone by extending the effective date of the TILA-RESPA Integrated Disclosures (TRID) rule to Oct. 3, the clock is ticking on the time everyone has left to prepare to comply with the sweeping mortgage regulation and related changes to real estate closings...
Are you pressed for time? Do you want to make money before you get out of bed? How does financial freedom and living life on your terms sound? You want to invest in real estate, but you don’t really have the time to manage your properties. It’s quite common, and while some of you will [...]Show More Summary
Former Greek Finance Minister Yanis Varoufakis has a piece in the Financial Times on Tuesday in which he defends his plans to "hack" his own finance ministry and create a mirror payments system, which could be used in the event of a banking collapse or Greek exit from the eurozone (Grexit). Show More Summary