September 28, 2016
Just how much of the financial world could new technology disrupt? Patrick Byrne is trying to push the limits. The hard-charging CEO of Overstock.com has become one of the leaders of the movement to use the “blockchain”—the open-source cryptographic code behind Bitcoin—to do far more than run an invented currency. Last year, Byrne issued the […]
September 28, 2016
Across the country, thousands of brick-and-mortar offices bear the stately logo of Edward Jones, one of the biggest investment advisers in America, whose more than 13,000 advisers help 789,000 clients manage their money. SigFig Wealth Management, by contrast, is five years old and runs out of an office in San Francisco’s Mission District less than […]
September 28, 2016
Something mysterious rattled one of the world’s most stable financial markets for 12 harrowing minutes on Oct. 15, 2014. During that brief window, the yield on the 10-year Treasury note—a benchmark security critical to funding the federal government—dropped dramatically and then surged, and no one could tell why. It was, said JPMorgan Chase CEO Jamie […]
September 27, 2016
President Barack Obama joined a chorus of politicians in mourning the passing of former Israeli Prime Minister Shimon Peres at 93 on Tuesday, calling him “the essence of Israel itself.” “I will always be grateful that I was able to call Shimon my friend,” the president said in a statement released Tuesday night. “Shimon was […]
September 27, 2016
Here are 18 photos from the life of Shimon Peres.
September 27, 2016
Shimon Peres, whose public career spanned the entire history of the state of Israel, reaching the highest of highs (the Oslo Accord) and the lowest of lows (the assassination of his close colleague Yitzhak Rabin) in the mid-1990s, has died. Peres, who suffered a stroke Sept. 13, was 93. The Jerusalem Post said he “suffered […]
September 27, 2016
Hillary Clinton has gained the support of yet another high-profile Republican political figure: former Virginia Sen. John Warner. According to a report by the Washington Post, the now-retired five-term senator is opting to back Clinton over his own party’s nominee, Donald Trump, as a signal to voters in the swing state of Virginia of who […]
September 27, 2016
For the first time in its 126-year history, The Arizona Republic has endorsed a Democratic candidate for president. The paper’s editorial board said Hillary Clinton is “the only choice to move America ahead.” “Since The Arizona Republic began publication in 1890, we have never endorsed a Democrat over a Republican for president. Never. This reflects […]
September 27, 2016
The Democratic Senatorial Campaign Committee now plans to spend at least $5 million in Indiana, a media-tracking source confirmed Tuesday, as Democrat Evan Bayh’s once-dominant lead over Republican Todd Young has narrowed rapidly in the race considered a key part of Democrats’ strategy to take the Senate majority. The Senate Democrats’ campaign arm initially planned […]
September 27, 2016
In front of the largest televised debate audience ever, Donald Trump blew it. Swing-state Republicans expressed frustration at his Monday night performance, characterizing it as a series of missed opportunities to move the dial in the places that will matter most to his electoral fortunes in November. Name-checking battleground states like Michigan and Ohio was […]