When China's top securities regulator said recently that it plans to delist Dandong Xintai Electric Co. for falsifying initial public offering documents, it didn't grab many headlines. But it suggested some far-reaching changes may be afoot. Xintai is the first company to...
In the late 1990s, Americans started referring to the new tract-built luxury homes popping up in suburbs across America as McMansions, a biting portmanteau implying that the new structures were mass-produced and ugly, with added, implied snark that their denizens, however wealthy,...
Young workers today probably can't even think about retiring for 40 or 50 years. Longer lives and the prospect of weaker investment returns mean millennials will probably have to save more money, over a longer period of time, than their parents and...
Most investors probably don’t spend too much time thinking about their cash holdings. They most likely view their cash as a necessary evil: It earns next to nothing right now, but the trade-off is principal stability (or, for non-guaranteed investments,...
EU members give their Brexit demands, while consumers show resilience What are the 27 other EU countries hoping to get out of Brexit talks? Bloomberg reporters put that question to governments across the continent and came away with a web of priorities...
You'd think that, by the time you retire, you no longer have to do all the things you did when you were working — be responsible, pay attention to detail and respond to other people's demands. While it's true you...
U.S. Sen. Elizabeth Warren has said "borrowers should be able to refinance their student loans to take advantage of lower interest rates, the same way people refinance a mortgage." Actually, some borrowers, especially those with good credit and income, already have refinanced their...
Australia's central bank dropped interest rates to a new record low Tuesday after a recent run of soft inflation readings, with some economists forecasting further cuts ahead. The 25 basis point cut to 1.5 percent means the Reserve Bank of...
A real estate developer wanted to increase affordable housing in Denver, trying to make fiscal sense out of a plan to build rental apartments for people making only 30 percent of the area's median income—the kind of housing America desperately...
We’re getting close to the final episode of Silicon Valley’s longest running soap opera,All My Yahoos, starring Marissa Mayer and a host of former leads. Pretty soon, we won’t have the internet’s version of Susan Lucci to kick around anymore....
A global retirement index measures 43 nations on income inequality, financial stability, happiness, and more. In the retirement security Olympics, it's a sweep for northern Europe. Norway, Switzerland, and Iceland won the top three spots in Natixis Global Asset Management's...
The Brexit is Coming, the Brexit is Coming… June 23rd, 2016 will be a day that lives in infamy, at least for the members of the European Union (EU). News of the Brexit, the United Kingdom’s vote to exit the...
Jobs, labor force are declining; housing construction in epic boom. The San Francisco housing bubble – locally called “Housing Crisis” – needs a few things to be sustained forever, and that has been the plan, according to industry soothsayers: an...
U.S. 10-year notes pare gains after yields fall to record low Fed minutes show heightened uncertainty after payrolls slump The 2016 bond-market rally that drove Treasury yields to record lows this week has generated more than half a trillion dollars...
The European Parliament's first debate on the UK's vote to leave has been marked by bitter exchanges. A central figure in the Leave campaign, UK Independence Party (UKIP) leader Nigel Farage, was booed, called a liar and accused of using...
