U.K. Recession Deepens
As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.
What to Expect
Traditionally, presidential races slip into a relatively quiet July doldrums, before the late-summer party conventions kick the race into a higher gear
Advisors Weigh In on Presidential Race
A recent poll of individual advisor members of the Financial Services Institute (FSI) found that those representatives overwhelmingly believe former Massachusetts Governor Mitt Romney will win the Republican presidential nomination, the Senate will shift to Republican control and that the economy will stay flat while taxes will go up.
FSI to Spotlight Members’ Opinions: 2012 Politics and Equities Outlook
The opinions of our membership should be heard by regulators and legislators. In our first survey of our 35,000 advisor members, we focused on headline political, economic, tax and regulatory issues.
The Warren Effect
Elizabeth Warren presents a conundrum for Wall Street. She is a forceful, well-prepared critic of the financial industry.
Payroll Tax Cut Votes Reveal Washington's Political Fault Lines
Congress will likely pass some form of a payroll tax cut before 2011 is out, but the process is a painful one that shows just how divided Democrats and Republicans remain—and where the fault lines lie.
Does China Currency Manipulation Hurt Us or Them?: News Analysis
As the largest foreign holder of U.S. government debt, China has made a killing on its portfolio of U.S. bonds, but it could have done a lot better if its broker had not manipulated the exchange rate on its transactions.
India Seeks U.S. Investors for $1 Trillion Infrastructure Plan
American investors were urged to support India’s $1 trillion infrastructure plan as more than 100 business leaders gathered at the Consulate General of India in New York to discuss the emerging nation’s public-private partnerships.
CFPB Architect Elizabeth Warren to Run for U.S. Senate
Consumer Financial Protection Bureau (CFPB) architect Elizabeth Warren will officially announce a Democratic run for the U.S. Senate seat held by Republican Scott Brown of Massachusetts.
Obama Taps Economist Alan Krueger as Council Chairman
President Barack Obama nominated Alan Krueger, who served as the U.S. Treasury’s chief economist from 2009 to 2010, to replace Austan Goolsbee as chairman of the Council of Economic Advisers.