China’s 25 basis point hike in the one-year base lending rate sent banks spiraling and crippled real estate shares. The Shanghai Composite Index sank 1.9%, but in Japan the Nikkei 225 Index rose 0.8%. The Hong Kong Stock Exchan…
After getting hammered by the financial crisis two years ago, investors are finally showing signs of crawling out of their shells again. But they’re still scarred and likely to be playing it a lot safer this time around. A new …
Judges in several states are emerging as defenders of due process and the rule of law when confronted with the banks’ rampant use of false foreclosure paperwork. Alas, that’s not so true in Florida, where a foreclosure can be h…
Canines seem to bring out the business sector’s creativity, when it comes to the appropriate descriptive phrase. From the “Dogs of the Dow” to “eat your own dog food” to any business snafu derided as a “dog’s dinner,” U.S. fina…
Comcast got an early Christmas present Thursday, when the Federal Communications Commission chairman approved its huge merger with NBC Universal. The proposal comes with conditions meant to protect net neutrality, but vagueness…