The Tech That Will Invade Our Lives in 2020

The 2010s made one thing clear: Tech is everywhere in life. Tech is in our homes with thermostats that heat up our residences before we walk through the door. It’s in our cars with safety features that warn us about vehicles in adjacent lanes. It’s on our television...

Bitcoin is a pyramid scheme, economist says

It’s been a rollercoaster couple of years for cryptocurrencies, but 2019 has been a fruitful one for Bitcoin holders. The value of one Bitcoin rose more than 85% since January 1, placing it among the some of the year’s top performing financial assets. In fact, a...

The year in scandal: Business leaders who hit the headlines

The history books will show 2019 was the year investors began to re-evaluate inflated valuations, employees stood up to toxic work environments and Facebook CEO Mark Zuckerberg still refused to clean up misinformation on the social network. Here’s a look at some of...

The top 10 risks scaring Morgan Stanley in 2020

Even as 2019 barrels towards a year-end record, some Wall Street strategists are looking ahead to see what might be in store for investors next year. On December 17, Morgan Stanley Wealth Management released a list of the top 10 geopolitical risks that they see...

In Battle to Recruit New Quants, Hedge Funds Outpay Banks

Hedge funds are paying top dollar to bring in new employees with quantitative skills, underscoring the desperation some funds face to bulk up their abilities around big data and algorithms. A new survey from Baruch College’s financial engineering program found that...

The decade of the very poor and the super rich

The 2010s may be remembered as the decade when the global 1% accumulated unfathomable wealth, but it was also perhaps the best decade ever for the world’s poorest people. The big picture: The rate of extreme poverty around the world was cut in half over the past...

Say Goodbye to Banking as We Know It

So is China readying its own Bitcoin? Banish the thought. It’s far bigger than that. Yes, just like any other cryptocurrency — or for that matter, cigarettes in prisoners-of-war camps — the upcoming digital yuan will be “tokenized” money. But the similarity ends...

How whistleblowing became an industry in the wake of #MeToo

Advising companies on setting up whistleblower services has become a burgeoning industry in the wake of the #MeToo movement and a high-profile scandal at Barclays, with businesses spending up to £100,000 to establish services for concerned staff. Demand for...