It’s the end of Goldman Sachs as we know it

The bank has radically redefined itself in the wake of the global financial crisis. (more...)

Why US Companies Have Record Amounts of Cash — and Debt

markets-safrica-currency_1.jpg © Siphiwe Sibeko / Reuters By Jeff Cox,CNBCMay 23, 2016That American companies have been wadding up huge amounts of cash is no secret. What may be less well-known is that t (more...)

Three Ways Obama’s New Overtime Rule Hurts the Economy and Workers

usa-obama-police_3.jpg JONATHAN ERNST Diana Furchtgott-RothMay 22, 2016Most bad policies harm the economy in one identifiable way.  But the Labor Department’s new overtime rule, released on Ma (more...)

Fed Hike Threat Has Wall Street Braced for the Worst

05192016_Yellen_Fed_NYSE.jpg REUTERS/Lucas Jackson Anthony MirhaydariMay 19, 2016A long lull in the stock market looks set to end. It’s been nearly a year since the S&P 500 hit its all-time high. Th (more...)