News > Financial Services

Understanding the Brexit Quandary
While investors should be cognizant of the complexities and risks around Brexit, they should be just as aware of the opportunities in select U.K.-based businesses. How should an investor position for Brexit? As the end-March deadline approaches for the U.K. to leave the European Union with or without a “withdrawal agreement,” markets have been increasingly on edge. There doesn’t seem
Financial Stability in Abnormal Times
Despite improvements in the financial system since the 2008 crisis, the piecemeal reforms that have been enacted fall far short of what is needed. And an inexorably growing financial system, combined with an increasingly toxic political environment, means that the next major financial crisis may come sooner than you think. CAMBRIDGE – A decade on from the 2008 global financial
Will the China Bulls Turn Out for the Year of the Pig?
Happy Year of the Pig! This week marks the start of China’s Spring Festival, during which an estimated 3 billion trips will be made using the country’s massive transportation network of roads and rail. That figure is a slight rise from the same period last year, despite slowing economic growth prompted by trade tensions with the U.S. and a strengthening
The Long View: Debt and Demographics
DOUG PEEBLES I’m very excited to be here actually to discuss this, because we do oftentimes spend so much time talking about the short term. Since the financial crisis of 2008, we’ve also spent a lot of time talking about these longer-term, thematic trends that I find fascinating, and the key I think to helping our clients make money is,
Wait, is SoftBank's Vision Fund Really Running Out of Money?
Perhaps we now know the real reason why the biggest outside investors in SoftBank's Vision Fund opposed taking a massive stake in co-working startup WeWork. Two years after its started its behemoth $100-billion fund to invest big in the global tech sector, SoftBank has already burned through half of its money, the Wall Street Journal reports, citing company filings. The
Marc Andreessen Shares the 4 Realities Facing Every Entrepreneur Today
When I read business news today, I typically see three kinds of stories: hot startups taking industries by storm, established giants plowing ahead, or massive business failures and catastrophes. What I don’t see is what happens along the way to most entrepreneurs most of the time. The daily struggles and triumphs entrepreneurs face rarely make headlines, but as an entrepreneur
These Emerging Markets Could Soar If the Dollar Falls
Last year was admittedly a tough one for emerging markets. A number of currencies were under considerable pressure, with some of them falling to record or near-record lows against the strong U.S. dollar. Global trade tensions, threats of sanctions, rising U.S. interest rates and higher oil prices—before they began to crater in October, that is—also contributed to the selloff. From
Slack Confirms it Has Filed to Go Public - and it Could Upend the Entire IPO Market
Slack confirmed on Monday that it had filed confidential S-1 paperwork with the U.S. Securities and Exchange Commission for its highly anticipated initial public offering (IPO) later this year. The biggest news surrounding Slack's impending listing isn't the IPO itself - it had already been rumored for weeks that it was going to happen soon - but rather the approach
Facebook Now and Then: How the Social Media Giant Has Grown in 15 Years
Facebook, Inc. (NASDAQ: FB) has become an integral part of our lives and a force of nature in social media. As the platform marks 15 years of existence, here's a look back at how it has progressed from the viewpoint of financial and user metrics. Launched Feb. 4, 2004 by Mark Zuckerberg and his classmate Eduardo Saverin as a private network
What Are the Apple 'Services' That Are Doing Well As the iPhone Struggles?
While Apple Inc. (NASDAQ: AAPL) watchers have focused on struggling iPhone sales, some were surprised this week when the company reported a slight earnings beat and some optimism despite slowing sales of its signature product. The company reported iPhone revenue that was down 15 percent year-over-year, mostly because of weak sales in China. But Apple officials said “services” revenue set