“We believe that the credit rating agencies, in exchange for fees, departed from their objective, neutral role as arbiters. At minimum, they were aiding and abetting misconduct by issuers.&rdqu

The core inflation rate -- which strips out food and energy prices -- slid to an annual rate of 1.4% in the third quarter from 2% in the second quarter. Low inflation, courtesy of a weak economy, giv

For the loneliest number, one sure has a lot of company. A one point gain took the Standard & Poor’s 500 Index to within one percent of its retracement level while one dollar will suffice a

Asian stocks rose overnight. The Hang Seng and the Nikkei were up 0.27% and 0.63%, respectively. European stocks were, however, a bit of a mixed bag early this morning. And here in the US, we're curr

If there's one thing we've learned since the inception of VIX futures, it's that they lag moves in the VIX. Which of course makes sense: The shorter a volatility measure, the more subject it is to no

Traditional wisdom tells us never to lend money to friends. But traditional wisdom has it slightly wrong. Lending money and property to friends is okay, as long as you feel comfortable with the arran

Editor's Note: This is Part 1 in a multiple-part series. Part 2 can be found here, Part 3 can be found here, and Part 4 can be found here. Professor Mark Wolfinger,I was wondering what you thou

One of the most memorable moments from the 1992 Olympic Games in Barcelona came when Michael Jordan and the rest of the “Dream Team” received the gold medal for crushing their opponents b

So maybe that VXX isn't such a good idea after all. Don Fishback takes a gander at recent history. He replicates a proxy for what VXX is supposed to do, and calls it Constant Rolling VIX Futures, or

Photo by Sebastian Willnow/AFP/Getty Images In 2007, Timberlake collaborated with his Destino partners to open Southern Hospitality, a Memphis-style ribs and barbecue join