May 24 Watch 7:10 Why our financial decision-makers need ‘skin in the game’ By Paul Solman Economic contrarian Nassim Taleb warned of a coming financial crisis more than a decade ago. Now he believes there’s a big con going on, and that the Federal Reserve’s response to the 2008 crash is part of it. Economics correspondent… Continue watching
May 24 Beware ‘faux experts’ who don’t pay for their actions, Nassim Taleb says By Paul Solman To Taleb, the "no-skin-in-the-game class" is made up of decision-makers who "can drag you into policies that cosmetically feel good, but eventually, somebody pays a price and it's not them. "… Continue reading
May 24 Donald Trump signs law that loosens bank restraints enacted after Great Recession By Associated Press Trump notched the win on banking rules as reaction swirled over his abrupt diplomatic turn earlier Thursday in canceling next month's summit with North Korean leader Kim Jong Un. Continue reading
May 23 Column: Not sure what to make of Trump’s drug prices plan? Here’s where to start By Philip Moeller Rushing to judgment is misguided. There are no quick fixes here, and while the Trump proposals are viewed as fatally flawed by many experts, they also include some worthy ideas. Continue reading
May 21 Watch 6:12 Supreme Court delivers blow to workers’ rights, making it more difficult to sue employers In its latest major ruling affecting corporate America, the Supreme Court split 5-4 in upholding the practice of arbitration, a blow for workers' ability to take collective legal action against their employers. Marcia Coyle of The National Law Journal joins… Continue watching
May 21 Analysis: Student loan debt and an astonishing number no one’s talking about By Paul Solman Do student loan defaults pose a systemic threat analogous to the subprime default wave that helped trigger the Crash of ‘08?… Continue reading
May 18 Watch 7:06 Why the royal wedding is a gift for the UK economy By Malcolm Brabant Saturday's wedding between Prince Harry and American actress Meghan Markle has provided a much-needed boost for Britain’s economy during the uncertainty of its separation from the European Union. From those hawking commemorative knickknacks to the cucumber industry, special correspondent Malcolm… Continue watching
May 17 Watch 10:18 What’s at stake in China trade talks for U.S. companies Prospects for averting an all-out trade war grew dimmer as the second round of negotiations between the U.S. and China kicked off in Washington. The president said China had been “spoiled" by lenient U.S. trade policies for too long. Yamiche… Continue watching
May 17 Watch 7:44 Why we should be more like cats than dogs when it comes to social media By Paul Solman Computer scientist and virtual reality pioneer Jaron Lanier doesn't mince words when it comes to social media. In his latest book, "Ten Arguments for Deleting Your Social Media Accounts Right Now," says the economic model is based on "sneaky manipulation."… Continue watching
May 17 Jaron Lanier’s argument for getting off Facebook By Paul Solman In his new book "Ten Arguments for Deleting Your Social Media Accounts Right Now," author Jaron Lanier makes his case for the problems with social media. Continue reading