News
FOX Business | Dodd-Frank Turns 3: What Has it Wrought?
The 2008 financial crisis laid bare flaws in our financial sector, and the economy suffered severe consequences from those flaws. We can all agree something should have been done to reform the financial sector. But as Dodd-Frank celebrates its third birthday, it’s worth evaluating the costs, the implementation progress, problems created, and consider whether this was really the right reform.
Bloomberg | China Removes Floor on Lending Rates as Economy Cools
China will remove the floor on lending rates offered by the nation’s financial institutions as economic growth slows and authorities push forward steps to give banks more freedom to set borrowing costs.
WSJ | Yellen Seen as Front-Runner for Top Fed Post
Economists surveyed by The Wall Street Journal see Janet Yellen, the Federal Reserve's vice chairwoman, as the clear front-runner to succeed Ben Bernanke as the central bank's leader when his term ends in January.
Econ Comments & Analysis
Market Watch | Glass-Steagall is necessary
I’ve made the argument before, so there’s no reason to repeat it at length here. The reality is that reinstating the Glass-Steagall Act has about as much chance of happening as the financial industry walking away from its $300 million a year in lobbying.
Fortune | Bank earnings have never been more complicated
You would think that a well-researched and insightful book about the Washington legislative process would have nothing in common with a big bank's quarterly earnings news release. But you'd be wrong.
Blogs
WSJ | Bernanke Explains How Fed Views Inflation
There’s long been a gulf between how people view inflation and how central bankers take account of price pressures.
