If we’ve learned any lessons this year, it’s not to get excited about a 2-day rally. That said, we’ve not had much to cheer about in the 2016 markets, so let’s get crazy. With markets closed on Monday, the Friday-Tuesday...more
Despite an annual growth figure (2.4%) that matched 2014, 2015’s anemic Q4 economic figures (a mere .7% growth) is adding yet more fuel to the fire of those concerned about the ability of the US economy to withstand global...more
Tough news for UK prosecutors yesterday, with a jury fully acquitting all 6 former brokers of Libor manipulation charges for their work with Tom Hayes – NYTimes and WSJ and Law360...
The Fed wrapped up its January...more
Oil spilled all over global markets again today, halting another short-lived stretch of stability – WSJ...
Just months after refusing to take up the contentious Newman appeal that regulators and traders alike hoped would...more
Goldman Sachs is ready to close a major lingering chapter of financial-crisis-era litigation, announcing yesterday that it’s agreed to a civil settlement of $5 billion to resolve claims related to its “marketing and selling...more
As expected, the Fed finally acted yesterday, raising short-term interest rates (in a range between .25 to .5 percent ) for the first time in nearly a decade. Even with this move that’s been literally years in the making,...more
The Supreme Court just added a “Part IV” to the Times’ series on the impact of arbitration clauses on average consumers – NYTimes...
Dealbook’s White Collar Watch column asks what makes a misstatement material in a...more
The Journal reports that Federal prosecutors are “actively pursuing” criminal cases against executives from RBS and JPMorgan for the toxic securities sold in the lead-up to the 2008 financial crisis. If filed, the charges...more