8 Psychological Insights That Could Prevent The Next Crisis
Financial regulators still aren't paying nearly enough attention to the cognitive biases that lead people to take excessive risks, according to a research paper by attorney Nizan Geslevich Packin. Some...
View ArticleA Secret Camera In Williamsburg Is Judging What You're Wearing
You better show off your best cat-walk on Bedford Avenue in Williamsburg, just off the L train, because people are watching you. Fashion blog Stylerblaster has put a motion sensor activated camera on a...
View ArticleA Silicon Valley Executive Was Just Charged With Tipping Off Raj Rajaratnam
The SEC has charged a Silicon Valley executive with tipping off Raj Rajaratnam about a stock short opportunity. The agency alleges Kris Chellam tipped Rajaratnam in December 2006 with confidential...
View ArticleGALLUP: MITT ROMNEY SOARS BACK TO 5-POINT LEAD OVER OBAMA
Republican nominee Mitt Romney jumped back out to a 5-point lead over President Barack Obama in Gallup's daily tracking poll of likely voters Friday, and now leads the president 51-46. Obama and Romney...
View ArticleSales Of Wall Street's Favorite Computer Have Stagnated
Perhaps this is an indicator of how Wall Street is really doing. Via Zerohedge, the New York Post's Keith J. Kelley reports that Bloomberg LP has grown its Bloomberg Terminal sales by only ~1,000 units...
View ArticleIn America's Most Expensive Zip Code, These Are The Most Expensive Homes For...
Forbes named the 10065 as the most expensive zip code in the country, with a home's median asking price at $6.53 million. But these homes for sale in the Upper East Side zip code blow that figure out...
View ArticleHere's Some More Info About The Citi Junior Analyst Who Leaked Facebook IPO...
Citigroup's Internet analyst Mark Mahaney was fired today after the firm was fined $2 million by the state of Massachusetts for disclosure violations during the Facebook IPO. One of Mahaney's junior...
View ArticleJIM O'NEILL: I Just Spent A Week In DC, And I Left More Freaked Out About The...
You would think that the horrific fiscal cliff scenarios relayed by economists would get Congress moving as the deadline to act is fast approaching. This was the assumption Goldman's Jim O'Neill had...
View Article'Spaceship' Home Is Almost Ready For Naomi Campbell And Her Billionaire...
A spaceship-looking building on a Moscow hilltop is nearing completion after nearly six years. The Capital Hill Residence designed by Zaha Hadid spans 28,500 square feet of "fluid geometries," with the...
View ArticleThe MTA Is Considering An 'Orderly Shutdown' Of Subway Service For The Hurricane
New York City is officially battening down its hatches. The New York Post reports that the MTA officials are considering an "orderly shutdown" of the subway system in the event of projected 39 miles...
View ArticleREPORT: UBS Plans To Axe 10,000 Jobs
The FT's Daniel Schäfer is reporting that UBS will announce up to 10,000 job cuts next Tuesday. More from Schäfer: Switzerland’s largest bank by assets will significantly shrink the trading side and...
View ArticleDo Rich People Have A 'Moral Obligation' To Pay More Taxes? California...
We had an interesting debate on DailyTicker this morning after California governor Jerry Brown said rich people have a moral obligation to pay higher taxes... Yahoo producer Stacy Curtin: Do the...
View ArticleThe Only Three States You Need To Watch This Election
Over the past week, there has been a lot of debate over whether Mitt Romney really has the momentum going into Election Day, or whether it is just a lot of spin that reporters have bought from the...
View ArticleANALYST: Canadian Home Prices Will Plunge 25% From Here
Canada's sub-prime mortgage industry is said to be growing and there are supposed to be $500 billion in high-risk mortgages in the Canadian housing market. But some like Robert Shiller have argued...
View ArticleSee If You Live In A New York City Hurricane Evacuation Zone
Mayor Bloomberg held a press conference updating New Yorkers on preparations for Hurricane Sandy Friday afternoon. It's too soon to tell where Sandy is going, but "common sense says you should start...
View ArticleSTOCKS ARE CALM BEFORE THE STORM: Here's What You Need To Know (DIA, SPY,...
GDP grew more than expected in Q3. However, everyone's attention is on "Frankenstorm." First the scoreboard: Dow: 13,107, +3.5, +0.0 percentS&P 500: 1,414, +1.0, -0.0 percentNASDAQ: 2,987, +1.8,...
View ArticleBarack Obama's Staggering Collapse In One Chart
If you want to see just how badly Barack Obama has collapsed over the last month, look no further than this chart, which shows the president's precipitous drop in the Real Clear Politics electoral...
View ArticleThe Wen Jiabao Scandal Happened At The Worst Possible Time
Yesterday's New York Times bombshell on the wealth of outgoing Chinese Premier Wen Jiabao's family has prompted widespread censorship in China. It comes at the worst possible time for Wen, who will be...
View ArticleWe're Not Drilling Deep Enough In The Tax Debate
“Lies, damned lies, and statistics” (attributed to Mark Twain) There were a lot of responses on the tax piece, “Taxes: Obama or Romney”. Thank you for the emails. Some comments supported Obama. The...
View ArticleHUGH HENDRY: Don't Tell Me China Will Sell Their US Treasuries
Here is an excellent interview at The Economist Buttonwood Conference featuring Hugh Hendry. You may have to enter your email address to play, but I doubt it has to be accurate as there was no...
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