Sinclair Employees Say Their Contracts Make It Too Expensive to Quit
April 9, 2018

After Sinclair Broadcast Group Inc. drew widespread criticism for having anchors read a statement taking aim at the integrity of other U.S. media outlets, many wondered why some of the company’s journalists didn’t just quit.

The short answer is the Continue reading

Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path
March 21, 2018

Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged strengthening economic growth and inflation may prompt policy makers to rethink their plan for three hikes.

“My personal outlook for Continue reading

What Just Happened? Six Views on How the Correction Finally Came
February 20, 2018

Like everything in markets, this defies easy narratives. Is it rising yields, hedge funds selling out of arcane positions, inflated valuations bursting or none of the above? After two days of relative peace, investors theorized on what drove U.S. stocks Continue reading

Americas Inequality Machine Is Sending the Dow Soaring
January 5, 2018

The Great Recession is a speck in the rear-view mirror for America’s financial markets. They’ve advanced far beyond pre-crisis levels. In fact, Goldman Sachs says you can go back a century before 2008, and still not find a “bull market Continue reading