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Can finance cure cancer?
How do you drive investors to spend money on cutting-edge cancer treatments? One idea, according to economist Andrew Lo, is to sell securities in a megafund of research projects. Economics correspondent Paul Solman explores how financial engineering could be the…
Quiz: Can you find the artists among these entrepreneurs and bankers?
The cold calculus and material emphasis of finance seems about as far removed as one can imagine from the arts. And yet, many great writers and artists were tied to finance vocationally. Can you guess who?…
Column: Why we are all insurance companies
“We are all insurance companies.” This odd dictum, from the famous American philosopher Charles Sanders Peirce, may serve us well as we struggle to find the best path forward in the health insurance debate.
Treasury nominee Mnuchin was Trump’s top fundraiser
Steven Mnuchin has had a long history as a successful financial executive and a period as head of Trump's campaign finance operation.
WASHINGTON — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring…
Britain’s largest bank, HSBC, published a full-page apology letter in several U.K. newspapers Sunday, following allegations that the company’s Swiss private banking arm helped clients dodge taxes and conceal millions of dollars of assets.
Since the American Savings Promotion Act became law in December, banks can now offer prize-linked savings programs, which were previously only available in a handful of states through credit unions. But will the passage of the bill actually help boost…
As baby boomers leave the workforce and millennials, and increasingly women, move in to take their places, former Citigroup CFO Sallie Krawcheck predicts capitalism will become more inclusive, and consequently, more prosperous -- for everyone.
Worries about Ebola, Europe and the U.S. economy drove another dive on Wall Street. On the same day, the Obama administration announced the national deficit has declined to its lowest level since 2007. Gwen Ifill talks to Treasury Secretary Jack…
