How can anyone live on just $2 a day? Economists are starting to find out.
America brought Europe back to life a half-century ago. Why not give Africa the same chance?
Forget about a Shanghai stock bubble. The whole Chinese economy's getting ready to burst.
The Great Recession has shattered New York City’s financial district, which is projected to lose 46,000 jobs and up to $70 billion by 2010. But how have the world’s other Wall Streets fared?
One of the world's most influential investors says that changing behavior on Wall Street will take more than regulation.
Bad due diligence.
Timothy Geithner should stay away from cheap populism and hold his tongue about the yuan.
India has escaped the worst of the financial crisis, but how long can it last?
Barry Ritholtz is CEO and director of equity research at Fusion IQ, an online quantitative research firm. He blogs at ritholtz.com, a top-ranked financial Web site, and is a frequent television commentator.
The champions of Islamic finance -- banking and investing based on the Koran -- believe that if Islamic principles had been applied to Wall Street, the global economic crisis never would have happened. The handful of men who decide which mortgages, car loans, and credit cards are spiritually sound are cashing in. But critics smell a con.
Candidates vying for the Oval Office are expected to spend more than $1 billion in the run-up to the November 2008 U.S. presidential election. But the need to build a massive campaign war chest is a global phenomenon. Here’s where fat wallets make the biggest difference on Election Day.
From Argentina to Zambia, investment firms are snatching up the poor world's debt. To turn a buck, they sue, harass, and otherwise claw their way into making debtor states pay. Poverty activists say these so-called vulture funds are preying on the impoverished. But they're only doing what the international financial system can't -- holding corrupt and irresponsible regimes to account.
Online banking fraud is rampant because it's easy. Here's a fix that will mean money in the bank.
Ben S. Bernanke will have some big shoes to fill when he succeeds Alan Greenspan as chairman of the U.S. Federal Reserve on February 1. Always one to help its former authors, FP combed through its archives to offer Bernanke some tips -- one of which will sound awfully familiar to him.