New York Times columnist explains why market system metric based on ‘the wisdom of crowds’ is unreliable
Practicing free-market environmentalism
Opinion |
Is our system of federal and state environmental regulations necessary?
China now second largest economy - FOX Business
Business |
Country’s rapid growth surpasses Japan and may soon exceed U.S.
Apple passes Microsoft as world's biggest tech co. - AP
Business |
Apple’s move comes as the company’s iPhone, and now its iPad, have taken on more of the personal computing tasks once handled by computers running Windows
FHA commissioner: Housing market 'purely on life support' - BLOOMBERG
Business |
The Federal Housing Administration may have lent more than Fannie Mae and Freddie Mac combined in the first quarter to keep real estate prices from crashing
SEC probes big trading firms' role in stock plunge
Business |
Staff of the Securities and Exchange Commission said the possible retreat of big ‘liquidity providers’ during the market plunge is an area of focus in the investigation
Biden to the rescue: VP promises to stop financial reform cynics - AFP
Politics |
US Vice President Joe Biden warned Tuesday the Obama administration would not let “powerful,” “cynical” foes block its financial reform plan, including the regulation of “shadowy” derivatives
Wall Street rises as worries ease - THE NEW YORK TIMES
Business |
A morning of timid trading had turned into a lively rally by afternoon, as European leaders reiterated a pledge to pre-empt financial disaster in Greece and across Europe
Treasury to protect repo market - Bloomberg
Business |
Treasury officials say they’re considering ways to sustain trading in the $3.8 trillion-a-day repurchase agreement market as the Obama administration plans a regulatory overhaul that may change how banks fund operations
Wall Street stumbles - Washington Post
Business |
U.S. stocks fell as President Barack Obama outlined plans to impose new restrictions on banks, sending financial stocks reeling Thursday
