financial news

Harlem’s Real Estate Boom Becomes a Bust - NYTimes.com It's not just luxury in Manhattan that is getting killed More losses are reported by Alcoa - BBC News Alcoa beat estimates. So, long story short, people like numbers. The…

Dr. Doom: Where we're going we don't need roads - Dealbreaker Marc Faber's July Newsletter. On Robert S. McNamara - James Fallows Very good obit on McNamara. Regulation And Oversight Of Gun Sales Reduces…

U.S. office market continues to spiral down - Reuters Vacancy rate is now 15.9% Surprise drop in UK output hits recovery hopes - Guardian Data in UK missing expectations now too. Close Relationship Between Past…

I ran across a slew of stories this morning, so I am making another links post.  Enjoy.   Super-size Deposits Of Frozen Carbon In Arctic Could Worsen Climate Change This makes a trilogy of environment stories Vitamin D…

Beijing Auto bids $1.16bn for Opel: GM Protectionism says this won't happen Another Boost for the Economy? - Mark Thoma Reactions to Obama's failed stimulus. China won't press for new global currency at G8 Looking for…

I hope people had a safe and happy fourth. Profiting from an Irvine bank failure - Mortgage Insider - OCRegister.com Interesting look into FDIC procedure Bank of England's Monetary Policy Committee considering expanding quantitative…

Happy 4th of July, America. I Know This Much Is True - Barrons.com An interview with "Random Walk" Author Burton Malkiel. He talks about China and more. The human cost of businesses entering administration is high -…

Economist's View: Tom Keene's "On the Economy" Econoblogger and economics Professor Mark Thoma talks with Bloomberg's Tom Keene. Reforming American health care: Heading for the emergency room | The Economist America’s…

La tercera petrolera china ofrece 12000 millones por la filial argentina de Repsol - Finanzas The Chinese are all over the natural resource sector. CNPC has offered $17 billion for Repsol YPF assets in Argentina. Now CNOOC another…

Financial sector pro-cyclicality: Lessons from the crisis, Part II - vox On the back of the last article, here are some proposals on how to mitigate the pro-cyclical effects of compensation and leverage Financial sector…