(Bloomberg) -- It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move...
(Bloomberg) -- Like many Americans, Ken Winterhalter wants the financial industry to pay for its past recklessness. His favored punishment, however, isn’t jail time for CEOs or bigger corporate fines...
Just under 3 months stand between now and Election Day, and for some of us, that day cannot arrive soon enough. Campaigning has hit a feverous pitch with ads flooding the airwaves and candidates being critiqued and reported on nonstop.
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(Bloomberg) -- Don’t look now, but technology companies are exerting more control over the U.S. stock market than any time since the internet bubble...
A tug of war has developed between support from additional central bank liquidity, and the challenges posed by the uncertain global economic outlook. In recent weeks, markets have taken the view that the uncertainties are not systemic and that...