Global Macro Quagmire or Cosmic Soup? The global macroeconomic picture has undoubtedly been mired with a great deal of confusion as markets quickly react to critical negotiations underway in Greece, at ASEAN over Chinese currency policy and whether Crude has bottomed out around a price level that can be maintained for the foreseeable future as…
This is my second column for the Illinois Policy Institute, where I am now a senior fellow. The article was written well ahead of the Moody’s downgrade of Chicago pensions last Friday, with a final edit made on Friday, and posted then on the IPI website. Illinois Pension Plans 39% Funded A “Special Pension Briefing” last…
By Alhambra Investment Partners China Steering Away From or Back Toward Bubbles? The confusing nature of the PBOC’s actions in the past year or so has led now to publications of theories over a potential power struggle at the central bank. While finally acknowledging that last year was all about “targeted” approaches to monetary “guiding” economic…
(Reuters) – It’s not all politics and no play in Washington, D.C. For business travelers like WeWork cofounder Miguel McKelvey, the nation’s capital has plenty to offer the professional-on-the-go. McKelvey frequently makes the train trip from New York City to D.C. to visit the company’s two locations, both of which opened in 2014. WeWork provides…
Everyone wants to be noticed by potential employers and build a solid professional network that will increase their chances of scoring a better gig. In today’s competitive job market, however, it can be difficult to stand out from the crowd. Check out this article to find out what are the three essential things you must…
The real estate lobby will press its agenda in Albany today, calling for the renewal of a major development subsidy program, warning lawmakers not to strengthen rent-control laws and arguing for the renewal of an initiative meant tot spur cleanup of contaminant sites. The Real Estate Board of New York will be joined by its…
In the latest episode of “Shark Tank,” Christopher Gray, the cofounder and CEO of scholarship database company Scholly, left the Tank with a big smile. He’d just gotten the exact deal he wanted with two Sharks, Lori Greiner and Daymond John. The investors, on the other hand, weren’t so happy. Left by themselves, a yelling…
A new privacy scare has surfaced for cellphone users around the world. A report by The Intercept claims spy agencies from the U.S. and U.K. jointly hacked into the world’s largest manufacturer of SIM cards in order to monitor mobile phones around the world. The Intercept was co-founded by Glenn Greenwald, the former Guardian journalist…
The auditors of wind turbine maker Suzlon have expressed concern over the company’s financial health as faces liquidity issues and is yet to make payments to its lenders and vendors. In a review report to the stock exchange the auditors said: “The unaudited standalone financial results of the company indicate that it has overdue amounts…
The New York Times columnist, who died at age 58, was journalism’s finest watchdog and its best advertisement. I didn’t know David Carr well. I’ll say that first, because if you are going to write about the operator of journalism’s most finely attuned b.s. detector, you’d best dispense with the b.s. up front. I met…
