Wall Street to Washington: You're Idiots, But at Least You're Predictable Idiots
At least, in eyes of the market.
Oakland's Plan to Become the Next Brooklyn: Free Rent!
Oakland doesn't just want more business. It wants a downtown retail district that attracts the Bay Area's best start-ups. The plan? Rent-free leases in already vacant spaces.
Louis Vuitton's Famous Logo Is Everywhere... and That's Bad for Business
Moet Hennessey Louis Vuitton LVMH reported sales for its third quarter yesterday (Oct. 15), and guess what—they weren’t great.
The Undeadline: Why Halloween Could (Seriously) Be Our Last Day to Save America From Default
Spooky, scary.
American Politics Deserves to Be Downgraded
AAA-governance this is not.
New York City: Home of Wall Street and ... a Tech Boom?
Nearly every U.S. city these days brags about becoming "the next Silicon Valley." New York actually is.
Republicans Say They Want to Cut Staffers' Pay: Here's How Little Those Staffers Make Today
This is why people become lobbyists.
Republicans Are Willing to Threaten Default Unless They Can Give Their Staff a Pay Cut
The shutdown/debt-ceiling showdown is getting weirder.
The Price Network
What could you learn about global prices if you simply paid people around the world to take photos of their stores and markets? Maybe, everything.
If We Hit the Debt Ceiling: Default Is Unlikely, Recession Is Certain
Hitting the debt limit could mean an immediate 20 percent cut to government spending, which would almost certain shrink a nervous economy.
Why Book Publishing's Doomsayers Are So Wrong
The grandfather of the media industry, publishing has made an ally of technology and is, in many respects, thriving.
What World Bankers Fear Most
Much of the conversation at this year's IMF and World Bank meetings will be about slowing emerging markets, the dysfunctional U.S. government, and spreading inequality.
The Latest Crazy Plan to Prevent a Debt Default—Turn the U.S. Into Greece*
*Well, except for the bailouts and debt restructuring part. Instead, the U.S. should issue banana republic bonds to stay under the debt ceiling.
This Year's Nobel Prize in Economics Was a Big, Fat Critique of Financial Media
Three economists won for showing it's impossible to predict short-term stock prices. Don't tell the constellation of stock pickers orbiting around business columns and TV segments.
The Big Business of Big Hits: How Blockbusters Conquered Movies, TV, and Music
An interview with Anita Elberse, the author of Blockbusters and a professor at Harvard Business School
Truth in the Age of Niallism
Harvard historian Niall Ferguson still thinks bluster can substitute for facts.
A Win For McJobs: Seattle's Mayoral Candidates Both Support a $15 Minimum Wage
A once crazy idea gets a little more mainstream.
If You Offer Free Rent, They Will Come
Oakland looks to build a downtown retail district with start-up, rent-free leases in already vacant spaces.
A Federal Reserve Examiner Was Fired After Trying to Regulate Goldman Sachs
In the spring of 2012, a senior examiner with the Federal Reserve Bank of New York determined that Goldman Sachs had a problem. Under a Fed mandate, the investment banking behemoth was expected to have a company-wide policy to address conflicts of interest in how its phalanxes of dealmakers handled clients.
I Don't Know What Will Happen If We Default, and I Don't Want to Find Out
The CEO of Pimco, the world's largest bond investor, explains why breaking through the debt ceiling could create "a huge global mess."