Political scientist assesses impact of NYSE sale

The announcement this week of the sale of the New York Stock Exhange to IntercontinentalExchange Inc. (ICE) for $8.2 billion reveals the continued ascendance of derivatives in contemporary finance, and may impact the NYSE's ...

BP must pay some of Halliburton's Gulf spill costs

British oil giant BP must cover some of the eventual claims against subcontractor Halliburton arising from the devastating 2010 Gulf of Mexico oil spill, a US judge ruled Tuesday.

Financial aid rules influence household portfolio decisions

The U.S. House of Representatives recently passed the Student Aid Financial Responsibility Act to address problems with the current financial aid system. The act calls for several changes to simplify the Federal Application ...

China first out of global financial crisis, says leading expert

China is the first major economy to start emerging from the global economic crisis, according to Dr Nicholas Lardy, Senior Fellow at the Peterson Institute for International Economics at Washington DC. This recovery is a ...

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