Joe Nocera appears in the following:
Friday, September 21, 2012
In Olympic track and field, a tenth of a second can mean the difference between the gold and the silver. But on Wall Street, mere milliseconds separate the winners from the losers. WNYC’s Money Talking explains “high-frequency trading” and what it means for average investors and the market.
Friday, September 14, 2012
The Lehman Brothers bankruptcy four years ago marked the start of a financial crisis that left millions jobless, smashed nest eggs and sent the stock market into a downward spiral. These days — at least on Wall Street — it’s as if the recession never happened. WNYC’s Money Talking discusses whether the stock market is entering another bubble.
Friday, August 17, 2012
Wall Street threw its support behind Barack Obama in 2008, but this election cycle the tables have turned. Now, it's funneling most of its donations to Mitt Romney and conservative super PACs.
Friday, August 10, 2012
Investors have been flocking to money market funds for decades, and today their total value stands at $2.5 trillion. Businesses, non-profits, government and individuals seem to think they're a sound investment, but how safe are they?
Friday, August 03, 2012
This week a technical glitch in electronic trading sent the stocks of nearly 150 companies, like Bank of America and GE, on a wild ride.
It was the latest in a string of stock market snafus, including NASDAQ's botched Facebook IPO in May and the "flash crash" of 2010 when the Dow Jones Industrial Average plunged 600 points only to recover minutes later.
Friday, July 27, 2012
The American economy is slowing down.
GDP grew at a 1.5 percent rate in the second quarter, down from 1.9 percent in the first quarter, and anticipation is growing over what the Federal Reserve's policy-making committee will decide when it meets next week.
Friday, July 20, 2012
Friday, July 20, 2012
Former tech darling, Yahoo, has been struggling in a world dominated by Apple, Amazon, Google and Facebook. Even with an estimated 700 million users around the world, it’s had difficulty turning that reach into profits. This week, the company reported that revenues were down 1 percent for the quarter that finished June 30, and profits fell to $226 million from $237 million a year earlier.
Friday, July 13, 2012
Tuesday, July 10, 2012
A company called Mortgage Resolution Partners wants local governments to use eminent domain to help homeowners drowning in debt.
Tuesday, July 10, 2012
Friday, July 06, 2012
Heads are rolling at the British bank Barclays after it admitted to rigging a key interest rate known as the LIBOR — short for "London Interbank Offered Rate."
Friday, June 29, 2012
The long wait is over. The Supreme has ruled. The health care law stands (mostly).
Wednesday, June 27, 2012
A committee of university presidents has approved a new playoff system for college football. After this year, the much-derided Bowl Championship Series will come to an end, and be replaced by a four-team playoff and a Super Bowl-style title game.
Tuesday, June 26, 2012
A person writes a "living will" so caretakers will know his wishes if his health starts to fail. Now, nine of the world's largest financial institutions have to do the same thing so regulators will know what to do if one of them fails.
Friday, June 22, 2012
Next week, the Supreme Court will decide the fate of President Barack Obama’s signature piece of legislation, the Affordable Care Act, which attempts to reorganize one fifth of the U.S. economy.
Friday, June 15, 2012
Remember the headlines just a few months ago? People predicted gas would reach $5 a gallon This week, the price is $3.57, according to the Energy Information Administration.
Friday, June 08, 2012
For more than two years, the European economy has see-sawed between potential collapse and stability.
Wednesday, June 06, 2012
Last night in Wisconsin, voters weighed in on whether Governor Scott Walker would stay in office. The recall began with protests over Governor Walker's attempts to curb union bargaining power in Wisconsin. However, as the election approached it grew into a divisive political fight, with $60 million on both sides. Whether or not the Wisconsin recall will prove to be a bellweather for the 2012 presidential election, it's certain to have implications for the future of labor unions throughout the country.