‘Nightmare For Investors’: Trump Presidency Gives Some On Wall Street The Shivers
Donald Trump solidified his status as the dominant force Tuesday night in the Republican presidential primaries, but the growing possibility of a Trump presidency is reportedly terrifying investors on Wall Street. Some investors have started to seek shelter and sell…
The Robots Are Coming… To Take Your Job
The Robots Are Coming… To Take Your Job by Knowledge@Wharton Today, robots are increasingly handling many jobs in manufacturing that were done by human hands not more than 20 years ago. This sea change has affected a variety of industries,…
Bubble And Crash Cycles – A Tale of Two Crashes – Part II
Bubble And Crash Cycles – A Tale of Two Crashes – Part II – Part II by Jeff Nielson, Sprott Money In the first part of this series, readers were presented with two separate but related expositions. First, readers were…
U.S. Defense Secretary Says No to Encryption Backdoors
Secretary of Defense Ashton Carter came out against supporting encryption back-doors at a conference panel on Wednesday. At the RSA information security conference in San Francisco, Carter told a packed room that he supported strong encryption and thought back-door access…
Burdened By High Debt, European Banks Face A Reckoning
Burdened By High Debt, European Banks Face A Reckoning by Knowledge@Wharton Bank stocks are taking a drubbing globally, but the picture is a bit more glum in Europe. The Stoxx Europe 600 Banks Index is down about 27% over the…
Economy Worsening – International Crisis Group
AN international think-tank has described Zimbabwe as floundering, arguing that there were very little prospects of its economy recovering. In its latest report, the International Crisis Group (ICG) said political uncertainty was worsening, while the economy, which has touched a…
Donald Trump’s Treasury Pick Flirts With Junk Bond Status
The man Donald Trump would like to make Secretary of the Treasury is having his worst investment year since the bitterest days of the 2008 financial crisis. Carl Icahn, who has flirted with accepting Trump’s offer before, watched his hedge…
Wealth makes us happier, but only if you share it
LONDON, March 2, 2016 /PRNewswire/ — A narrow focus on GDP is leading to myopic economic policy, a London Business School expert warns. New research by Selin Kesebir, Assistant Professor of Organisational Behaviour, London Business School, and Shigehiro Oishi, Professor…
William Watson: Jose Bautista worsens income inequality – and that’s fair
Montreal’s Institute for Research on Public Policy has just published what’s bound to be an influential book on inequality, if not with the general public (it’s a little wonkish for most people) then certainly with the new government in Ottawa….
Experts Warn Of ‘Snooper’s Charter’ Privacy Breaches
Technology and privacy experts have criticized new surveillance proposals put before the U.K. parliament on Tuesday. Britain’s Home Office has published a new version of the Draft Investigatory Powers Bill, called the “snooper’s charter” by critics, which seeks to regulate…