Most Read Posts
The Financial Industry Is Having Its Napster Moment
published Apr 7th 2016, 7:04 am, by Eric Balchunas (Bloomberg) — Has the music stopped for the financial industry? Just as record companies in the early 2000s had to deal painfully with the digitization of music courtesy of Napster and Apple Inc.’s iTunes, many asset managers are now facing a
U.S. Top AAA Rating Affirmed by Fitch on Financial Flexibility
©2015 Bloomberg News NMRDP86JIJUS (Bloomberg) — The U.S. AAA credit rating was affirmed by Fitch Ratings Inc., which cited the strength of the nation’s economy, capital markets and status as the issuer of the world’s reserve currency. The U.S. budget deficit, which has narrowed from a peak of $1.4 trillion
