Have you ever ordered too many items online – say, buying 20 courgettes when you meant two? Then you might feel a little sorry for the anonymous broker in Japan who lost US$617 billion to a trading typo error.
Troubled Indian wind turbine maker Suzlon Energy has reached an agreement with its lenders to restructure loans of nearly $2 billion, a report said on Tuesday.
(Phys.org)—Researchers from Brigham Young University have helped create the most robust and accurate fraud detection system to date using information from publicly available financial statements.
From the dotcom bust in the late nineties to the housing crash in the run-up to the 2008 crisis, financial bubbles have been a topic of major concern. Identifying bubbles is important in order to prevent collapses that can ...
Approaching the anniversary of Lehman Brothers' demise, NJIT Finance Professor Michael Ehrlich, an expert on market failure, says that the Feds made the right move when they allowed the investment firm to go bankrupt.