Why Old Friend Must Lead UniCredit Down Hard Road

Related Link: 

Italy’s biggest lender has bought back its former investment bank chief to become CEO, he now needs to act like a ruthless outsider.

Anti-Immigration Feelings Aren't Driven by Economic Anxiety

Related Link: 

Current anti-immigration rhetoric blames the foreign-born for job losses and low wages. But evidence for a link between economic circumstances and public acceptance of immigrants is weak, suggesting ways to counter populist opposition, Greg Ip writes.

U.S. Jobless Claims Rose by 10,000 Last Week

Related Link: 

The number of Americans filing new applications for jobless benefits rose last week, but remained at a historically low level consistent with ongoing job growth.

Why There Is a Sudden Outflow of Chinese Investors

Related Link: 

Mainland investors are again rushing to buy Hong Kong stocks, especially banks, but this shouldn’t be seen as special insight from local knowledge.

Who's Risky Now? A Brexit Boost for Emerging Markets

Related Link: 

Political risk only gets paid lip-service in developed markets. Emerging markets have an advantage here.

Patience Finally Pays Off for Bank Investors

Related Link: 

Big U.S. banks did well in the Federal Reserve’s stress tests, paving the way for better shareholder returns.

Fidelity Just Made Buying an Index Fund Vanguard-Cheap

Related Link: 

Money manager Fidelity Investments plans to slash prices on more than two dozen funds, a concession to an industry movement toward cheap products that track the market.

Hard Rock Las Vegas Reports Card Data Breach

Related Link: 

The Hard Rock Hotel & Casino in Las Vegas said Monday that customer payment-card data was accessed after malware was placed on the resort’s payment-card system, becoming the latest hotel to report such a breach.

Central Bankers Face Conflicting Pressures From Brexit Vote

Related Link: 

European Central Bank President Mario Draghi’s call for better coordination on policy moves underscores the conundrum he and his associates face in the wake of Britain’s vote to leave the EU.

VW to Pay Up to $14.7 Billion to Settle Diesel-Emissions Claims

Related Link: 

Volkswagen has agreed to pay up to $14.7 billion to settle legal emissions-cheating claims with regulators and owners of nearly 500,000 diesel-powered vehicles.

Syndicate content