Markets
Harvard Debt Luminaries Don’t Like Austerity As Much As You Think
Two academics whose research became an intellectual touchstone for pro-austerity politicians want everyone to know they have been misunderstood. They actually don't think harsh austerity is such a ...SEC Says Man Used JOBS Act To Lure Investors Into Fraud Scheme
The Securities and Exchange Commission on Thursday filed charges against a man accused of luring investors into a fraudulent investment scheme by promising big returns under a provision of the 2012 ...SAC Gives Investors More Time To Pull Money Out
Hedge fund titan Steven A. Cohen is giving investors more time to withdraw their money from SAC Capital Advisor's funds, as his $15-billion firm faces continued federal scrutiny in an insider trading ...
White House Formally Notifies Congress Of Japan Free-Trade Talks
President Barack Obama's administration on Wednesday notified Congress it will start free-trade talks with Japan, bringing the world's third-largest economy into U.S.-led negotiations on a regional ...In Myanmar, Cheap SIM Card Draw May Herald Telecoms Revolution
Introduced a decade and a half ago under Myanmar's former military rulers, SIM cards sold for as much as $7,000 apiece. Today, they still cost more than $200. From Thursday, lucky winners of a ...
WHO Says New Bird Flu Strain Is ‘One of Most Lethal’ Viruses
A new strain of bird flu that has killed 22 people in China is "one of the most lethal" of its kind and is more easily transmissible to humans than an earlier strain that has killed hundreds around ...
The Trademark Problem: Casualty Insurance’s Dirty Little Secret
It has always been surprising to me that trademark issues receive so little attention in the insurance community. It's almost as if trademark claims are the dirty little secret of casualty insurance, ...
Five Myths About Predictive Analytics You Can’t Afford to Believe
Predictive analytics has a relatively long history in the P/C insurance industry. From the early 1990s, when early adopters began to use predictive modeling for rating and underwriting, to more ...