Google launches $3 billion debt offering

Google Inc. added to its cash hoard Monday by issuing $3 billion in corporate debt at low interest rates. It's the first time Google has tapped the corporate bond market for money.

Adjusting exchange rates affects currency value

Forthcoming research from Cass Business School and the Bank of International Settlements has found that newly proposed currency valuation metrics display strong predictive power for exchange rates, offering valuable insights ...

Courts of old Istanbul yield insights on modern poverty

Few might think to seek insights on Middle Eastern conflict or modern poverty in court records of the Ottoman empire. Yet when Duke University economist Timur Kuran combed through those centuries-old court documents, he made ...

The unexpected benefits of adjustable rate mortgages

Using loan level data matched to consumer credit records, researchers have been able to determine that a reduction in mortgage payments of as little as $150 a month spurred a reduction in mortgage defaults and an increase ...

New research debunks popular method of paying off debt

(PhysOrg.com) -- Consumers with multiple debts routinely mismanage them, paying off small debts first even when larger debts have higher interest rates, says a University of Michigan researcher.

Interest rate shock could kick-start stock exchange

Norges Bank surprised most experts by cutting the interest rate by as much as 1.75 percentage points during the final interest rate meeting in 2008. Surprise interest rate changes like this, so-called interest rate shocks, ...

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