Stock Market Crash on the Horizon?
The stock market is at historic levels, but analysts are starting to voice concerns right as more casual investors are rushing to join in. Roben Farzad, economics reporter for Bloomberg Businessweek,...
View ArticleHow to Make $1 Billion
2013 has been a good year for investors: Due to some combination of higher corporate earnings, stimulus money, and the optimism generated by the economy’s slow but steady recovery, all of the big...
View ArticleStock Market Wobbles Despite Economy Growing
The stock market has been rocky so far in 2014. After months of steadily climbing and setting new records in 2013, the Dow Jones alone is down more than 4% this month. The downward slide comes even as...
View ArticleMicroseconds Matter: Michael Lewis on High-Frequency Trading
A small group of Wall Street guys have figured out that the U.S. stock market has been rigged for the benefit of insiders and that, post-financial crisis, the markets have become less free and more...
View ArticleCan the Economy Get Out of Its Perpetual Rut?
This week Money Talking revisits topics discussed in recent months: whether the economy can get out its perpetual rut and Bitcoin. After a severe winter that sent the economy into negative territory at...
View ArticleHow Important is the Alibaba IPO?
The Chinese e-commerce website Alibaba is expected to have one of the largest IPOs ever when it goes public Friday. This week on Money Talking, regular contributors Rana Foroohar of Time magazine and...
View ArticleChinese Company Alibaba Claims America's Largest IPO
Alibaba went public today and the Chinese e-commerce giant reportedly raised $21.8 billion—the biggest initial public offering ever in United States history. The company is valued at at least $168...
View ArticleBond King's Departure Shakes Up Market
In 1971, a young investment analyst named Bill Gross founded the Pacific Investment Management Company and changed the face of finance.The company, known as Pimco, now runs the largest bond fund in the...
View ArticleWall Street Worries About the Economy, Oil And Ebola
Global markets have been on a wild ride for the past two weeks as investors act on fears of a slowdown in global growth. The IMF recently lowered its global economic growth forecast as there are new...
View ArticleTechnical Glitch Halts Trading on New York Stock Exchange
Stocks have finished with sizable losses, on a day that saw the New York Stock Exchange shut down for half the day by a technical outage. The troubles didn't extend to the dozens of other exchanges...
View ArticleUnderstanding the Chinese Stock Market Crash
The Chinese stock market has dropped a third over the last month, prompting a major intervention from the Beijing government. Tom Easton, American Finance editor for The Economist magazine explains...
View ArticleBeijing Works to Stop a Stock Market Crash
Click on the audio player above to hear this interview.What will Xi Jinping, China's ambitious president, do to save his country's stock market? It closed down 8.5 percent on Monday, the biggest one...
View ArticleChina Stuns Markets With Second Day of Currency Devaluation
In a bid to shore up domestic exporters, China has devalued its currency for a second day—the renminbi was down 2 percent yesterday, and 1.6 percent today.The sudden devaluation has caught investors...
View ArticleNeil deGrasse Tyson; Our Local Delegation on Iran; Panhandling in Times Square
Senator Chuck Schumer made waves when he announced his intention to vote against the Iran deal. The Forward's Nathan Guttman discusses how the rest of our local elected officials plan to vote. Plus:...
View ArticleThe Market Takes a Dive
Markets are in turmoil around the world after shares in China continued to slide. Charlie Herman, Business and Economics Editor for WNYC News, updates us on how the markets in New York are reacting to...
View ArticleChina's 'Black Monday' Shakes Global Markets
Click on the audio player above to hear this interview.Fears of a Chinese economic slowdown are haunting investors across the world.Stock markets in London, Paris, Frankfurt, and New York dipped...
View ArticleThe Strange Business of China's Stock Market
Click on the audio player above to hear this interview.A steep downturn in the Chinese stock market has sent shock waves throughout the global economy. On Monday, the Dow Jones Industrial initially...
View ArticleU.S. Markets Wary But Resilient
U.S. markets bounced back Tuesday, after China's central bank cut interest rates in an effort to boost the economy.The move comes a day after fears of an economic slowdown there sent global markets...
View ArticleThe Country That's Making the Stock Market Crazy
For many economists and analysts, this week's turbulent stock market isn't surprising. They knew it was coming — and they knew where it would be coming from: China.But for the rest of us, it seemed...
View ArticleA New Direction in Economics
The powerful influence of Adam Smith has guided one of the central tenets of economics, that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools: The...
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