Former Lehman CFO Erin Callan Montella shares her story
Politics & Economics

Former Lehman CFO Erin Callan Montella shares her story

She was one of the most important people on Wall Street — one of the top women in the entire financial world. But when Lehman fell in 2008, the bank’s former chief financial officer, Erin Callan Montella, was dragged down, too. Currently, the ex-Wall Streeter is warning women against the dangers of putting career success … Continue reading

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Entrepreneurs: 4 ways to slash debt for good
Politics & Economics

Entrepreneurs: 4 ways to slash debt for good

Being an entrepreneur takes extreme determination and bold decisions. These same traits can be critical weapons in winning the battle against debt. If you’re an entrepreneur who’s worried about debt — whether it’s $5,000 or upward of $100,000 — now is the time to act to cut back. These four tips from financial experts and entrepreneurs … Continue reading

The $50,000 impact of pre-K
Culture / Education / Politics & Economics

The $50,000 impact of pre-K

  As much as preschool is about giving young children a head start in learning, it’s also about economics. For New York City, one of the country’s largest and most racially segregated school districts, the start of free preschool for all 4-year-olds has major financial implications moving forward — and some working parents are already … Continue reading

$100 billion later, Afghanistan on the brink
Politics & Economics

$100 billion later, Afghanistan on the brink

Afghanistan’s economy is worsening and its security deteriorating despite more than a decade of U.S.-led reconstruction efforts and more than $100 billion poured into the country, according to the Special Inspector General for Afghanistan Reconstruction, an independent oversight agency created by Congress in 2008. The agency’s investigation, conducted between October and December of last year, … Continue reading

Democratic Debate Breaks Records in Live-Streaming and TV
Politics & Economics

Democratic Debate Breaks Records in Live-Streaming and TV

Tuesday’s presidential debate on CNN was the highest-rated and most viewed debate for the Democratic Party ever, preliminary numbers from Nielsen show. It also set the all-time record for news live-streaming. A whopping 15.3 million viewers tuned in to the presidential debate featuring Vermont Sen. Bernie Sanders, former Secretary of State Hillary Clinton, former Rhode Island Gov. … Continue reading

Investing in Biopharma? Four things to know about industry leader Gilead Sciences
Politics & Economics

Investing in Biopharma? Four things to know about industry leader Gilead Sciences

By Marguerite Ward 1. Gilead’s numbers are looking good: The California-based biopharmaceutical company continues to see success with its HIV drugs (Stribild, Viread ect.) and Hepatitis C drugs (Sovaldi and Harvoni). Gilead’s stock is up 6.24 percent year-to-date at $100.14, swiftly outpacing the NASDAQ composite index’s 1 percent decline over the same period. Its earnings per … Continue reading

Turkey: A former emerging market star stumbles
Politics & Economics

Turkey: A former emerging market star stumbles

Turkey’s economy once enjoyed China-like growth rates, with gross domestic product expanding at 8.8 percent as recently as 2011, and 9.2 percent the year before that. But things have changed. Turkey’s GDP has tumbled from the highs of recent years to what experts call a disappointing 2.9 percent in 2014—which is higher than typical growth … Continue reading

Five years after Dodd-Frank, where do consumer protections stand now?
Politics & Economics

Five years after Dodd-Frank, where do consumer protections stand now?

Call it a work in progress. As the global financial system continues a long, slow healing process, the echoes of the implosion inflicted by the credit collapse of 2008 are fading into history. Yet five years after the worst financial crisis since the Great Depression, a pitched political and regulatory battle is still being fought … Continue reading

Iran deal: Corporate winners from the nuclear agreement
Politics & Economics

Iran deal: Corporate winners from the nuclear agreement

Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations across the globe. Iran holds the world’s fourth-largest proved crude reserves and the second-largest natural gas reserves, according to … Continue reading