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Photo illustration by Alis Atwell; Photographs by Alamy (3); Getty Images (27)
The Foreclosure Wave That Wasn't
Loan relief and private equity purchases dampened dire predictions for 2012
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Elsewhere
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Berlusconi's Return Has Europe Back in Crisis Mode
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How Big Is the Wealth Gap in China?
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Apple's Cook: More Macs Will Be Born in the U.S.A.
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Standard Chartered to Pay $327M in Laundering Case
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Midwestern Cities Boast Lowest Jobless Rates
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Extreme Franchising: Bringing RadioShack to Afghanistan
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Why Apple and Google Teamed Up for Kodak's Patents
Recent
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Emerging Markets
With Chavez Ailing, Venezuela is Front and (More) Center
Venezuela remains one of the more peculiar stories in all emerging marketdom -
Regulation
The FDIC Claims an IndyMac Victory
Three IndyMac executives must pay $169 million for making bad loans to homebuilders in the runup to the housing bust -
Facebook
Netflix Shows Facebook Is Not the Internet (Yet)
The Netflix case raises the issue of whether a social media update is a fair, public disclosure -
Facebook
The Facebook Post That Got Netflix CEO Reed Hastings in Trouble With the SEC
Hastings and his company face SEC action over a Facebook post -
Hedge Funds
Where Hedge Fund Mogul Steve Cohen Learned to Trade
He traded options at Gruntal, a firm that had regulatory troubles and vanished in 2003 -
Hard Choices
Mary Schapiro on Her Tenure as SEC Chairman
As critics weigh in on her legacy, the outgoing SEC chief talks about a tumultuous four-year tenure -
China
In China, Tycoons' Divorces Hurt Stocks
As Chinese moguls dump spouses, investors often suffer -
Transportation
The Mississippi River Ebbs, and Farmers Stock Up
The river may soon be so low that barges can't pass St. Louis -
Asia
Japan's Fear of Risk Is Getting Dangerous
The Japanese have 844 trillion yen stashed at home and in low-interest savings accounts -
Europe
The Euro Crisis: A Damage Assessment
Tallying Europe's troubles -
Mobile & Telecom
The Autumn of Apple’s Discontent
One analyst says high iPhone margins and Apple TV sales are not guaranteed and should not be reflected in the stock price -
Hedge Funds
Bloomberg View: Hedge Funds and Mad Men Don't Mix
Lifting the ban on advertising by hedge funds puts investors at risk -
Wall Street
The Tale of a Wall Street Trader Turned FBI Spy
An informant fed the FBI tips for its Galleon and other investigations -
Europe
France's Financial Crackdown Is Falling Flat
Banks are finding ways around new taxes and regulations
Read
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Wall Street
The Tale of a Wall Street Trader Turned FBI Spy
An informant fed the FBI tips for its Galleon and other investigations -
Regulation
The FDIC Claims an IndyMac Victory
Three IndyMac executives must pay $169 million for making bad loans to homebuilders in the runup to the housing bust -
Investing
Damien Hirst: Jumping the Shark
The artist tampered with art market economics in 2008 when he auctioned $200 million of his work directly to bidders. Now his stock's crashed -
Hedge Funds
Where Hedge Fund Mogul Steve Cohen Learned to Trade
He traded options at Gruntal, a firm that had regulatory troubles and vanished in 2003 -
Facebook
Netflix Shows Facebook Is Not the Internet (Yet)
The Netflix case raises the issue of whether a social media update is a fair, public disclosure -
Real Estate
The Foreclosure Wave That Wasn't
Loan relief and private equity purchases dampened dire predictions for 2012 -
Stocks & Bonds
Japanese Stocks? Yes, They Really Think So
While Japan has offered investors numerous cautionary tales, a few strategists see better days coming for the nation's battered equities -
Transportation
The Mississippi River Ebbs, and Farmers Stock Up
The river may soon be so low that barges can't pass St. Louis -
Banks
The Deutsche Bank Whistleblower Case May Be Just the Beginning
The SEC's new whistleblower program is beginning to show results -
Banks
Wal-Mart’s New Prepaid Card May Be the Best Deal Yet
American Express and Wal-Mart are offering a prepaid debit card aimed at luring customers away from banks -
Life-Stage Investing
The Needless Tragedy of Student Loan Defaults
Delinquencies surpassed those on credit cards in the latest quarter, the New York Fed says -
Legislation
How to Pay No Taxes: 10 Strategies Used by the Rich
A look at the shelters, dodges, and rolls—all perfectly legal—favored by America's wealthiest people -
Mobile & Telecom
The Autumn of Apple’s Discontent
One analyst says high iPhone margins and Apple TV sales are not guaranteed and should not be reflected in the stock price -
Europe
France's Financial Crackdown Is Falling Flat
Banks are finding ways around new taxes and regulations -
Commodities
The Oil Hub Where Traders Are Making Millions
There are 44 million barrels of crude parked in Cushing, Okla. Those who can move it—by truck, train, barge, or pipe—are making a killing -
Life-Stage Investing
Struggling Homeowners Confront a 'Mortgage Fiscal Cliff'
Borrowers who get loan forgiveness may face $1.3 billion in taxes -
Private Equity
The Big Private Equity Sale to … Private Equity
Some investors can end up as both buyer and seller -
Stocks & Bonds
Intel and the New Arbitrage: Sell Debt, Buy Stock
In this lopsided environment for capital, why shouldn't management tap its borrowing prowess? -
U.S. Stocks Rise on Employment Data
Dec. 10 (Bloomberg) -- TCW Chief Global Strategist Komal Sri-Kumar talks about the U.S. labor market. He spoke on Dec. 7 on Bloomberg… -
Commodities
Why Gasoline Isn't $4 Per Gallon Nationally
Increasing supplies of crude oil, plus speculators pulling money from futures contracts, may spell consumer relief on pump prices -
Investing
Nelson Peltz Is Still Scaring Companies
The veteran raider is shaking up the management of his latest target, Legg Mason -
Real Estate
The Empire State Building's $1 Billion IPO
The landmark will be part of a REIT traded on the NYSE -
Regulation
Is SAC Capital's Steve Cohen Worth Catching?
While the government closes in on the hedge fund titan, Wall Street's true villains go unpunished -
Banks
A Year After Durbin, Swipe Fee Battles Still Rage
Retailers, banks, and card networks are still grousing over how much is fair to charge for processing payments -
Investing
In Europe, Putting the Adventure Into Venture Capital
European investors brave strange cuisines and bad roads to scout for hot tech firms -
Banks
From IndyMac to OneWest: Steven Mnuchin's Big Score
The Wall Street veteran rode into Pasadena and bought what was left of IndyMac. Now he's making a killing -
Regulation
Beware the Credit Reports You've Never Heard Of
Approximately 400 companies track and sell consumer data used for credit, insurance, or employment decisions -
Banks
Bloomberg View: Basel III's Bedeviling Complexity
When it comes to international banking rules, the simpler the better -
Banks
American Express Wants to Be Your Banker
Its new prepaid card with Wal-Mart is another step toward its shift beyond charge cards to banking -
Stocks & Bonds
Investors' Risky Bet on the Ghost of Freddie Past
With mortgage finance never so dependent on the government-sponsored agencies, Freddie and Fannie are still touch-and-go investments -
Private Equity
Deep Thoughts With the Homeless Billionaire
Nicolas Berggruen has long been famous for having no home and throwing great parties. Now he'd like to save democracy, too -
Commodities
The Deadly Tin Inside Your Smartphone
On Indonesia's Bangka Island, tin miners labor under awful conditions for the solder that binds your favorite devices. And the death rate on the… -
Real Estate
Six Reasons to Fear the Overhang of Unsold Houses
It may be a little too soon to cast off doubt and join the real estate recovery celebration -
Regulation
Confessions of an Insider Trader
Lawyer Matt Kluger fed tips on 30 mergers to two partners. After 17 years his luck ran out -
Stocks & Bonds
At SAC, Portfolio Managers Are Treated Like Stocks
While the possibility of being chewed up and ejected is ever-present, the potential for making enormous sums of money at SAC is huge -
Investing
Social+Capital, the League of Extraordinarily Rich Gentlemen
Some VCs are in it for the money. Some claim they're trying to save the world. Chamath Palihapitiya and his investors swear they're doing both -
Investing
Dan Zwirn, the Man Who Fell to Earth
At 33, Zwirn had a killer hedge fund and a $700 million personal fortune. At 40, he has his good name and a horror story about the cost of trying… -
Why Didn't Obama Talk About the Jobs Report?
Dec. 7 (Bloomberg) -- Hans Nichols reports on the White House's reaction to today's jobs reports and the continuing negotiations on solving… -
Banks
Private Student Loans Are Becoming More Competitive
Private lenders are moving into the market for fixed-rate student loans and starting to compete directly against government options -
Stocks & Bonds
Bond Fund Investors Beware!
A rise in interest rates would inflict big losses on safety-seekers -
Regulation
The Peregrine Fraud Case Is Worse Than You Thought
New details indicate that regulators had evidence of Peregrine's fraud in 2011 -
CEOs and the Pay-for-Performance Puzzle
Many shareholders and corporate boards agree that our system of paying CEOs is broken. How best to reward good corporate chiefs and discourage bad ones? -
Pssst! Wanna Go to College for Free?Businessweek - Business News, Stock Market & Financial Advice
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Real Estate
Home-Equity Lending Is on the Rise Again
As property values increase, Helocs see a revival -
Wall Street
Wall Street Bonuses Cut
Banks try to tamp down expectations as they rein in compensation -
Stocks & Bonds
Hedge Funds' Hail Mary: Bet on Tech
With returns lagging, firms pour cash into slumping Web companies -
Real Estate
People Are Still Losing Homes Under the Robo-Signing Deal
About half the relief to homeowners has gone to short sales, which doesn't keep borrowers in their homes -
Retiree Annuities May Be Promoted by Obama Aides
The government is looking at ways to promote the conversion of 401(k)s and IRAs into steady payment streams after a significant decline in plan balances -
Investing
Charlie Rose Talks to Warren Buffett
America's second-wealthiest man discusses his campaign to raise taxes on the rich—and his faith in equities and the U.S. economy -
Stocks & Bonds
Attention, Kmart Shoppers: Flat-Line Special
Chairman Eddie Lampert has chafed at the idea that Sears Holdings should spend more on marketing and store upkeep -
Regulation
Shedding Light on Shadow Banking
The much-maligned sector isn't all bad, so regulators want to tame it, not end it. Have they gone far enough? -
Investing
Move Over, BRICs. Here Come the MISTs
Goldman Sachs analyst Jim O'Neill touts a catchy new emerging-market acronym -
Investing
Fastenal's Runaway Stock Success
The hardware distributor's stock has gained more than 38,000 percent since 1987 -
S&P 500 CEOs May Lose Interest Advantage
Dec. 10 (Bloomberg) -- Companies in the Standard & Poor’s 500 Index are paying less in interest on debt than any time in at least a decade,… -
Alpha Investors
The Quiet Wholesale Billionaire in Wall Street's Backyard
Nathan Kirsh, the food wholesaling magnate, is diversifying into real estate -
Investing
Netflix Would Like Very Much to Change the Channel
Each succeeding loss of exclusive movie rights makes Netflix's library a little less special—and a little less alluring to subscribers -
Regulation
Mary Schapiro's Unfinished Business
The outgoing SEC chairman saved the agency—and fell short on several fronts -
Hedge Funds
Bloomberg View: Hedge Funds and Mad Men Don't Mix
Lifting the ban on advertising by hedge funds puts investors at risk -
Investing
Are the BRIC Nations Cracking?
Signs of economic weakness in the once-robust growth bloc of Brazil, Russia, India, and China have made global investors wary -
Stocks & Bonds
Venezuela's Strange Stock Market Rally
For all the expropriations and hostility to investment, Venezuela has not defaulted on debt under Hugo Chavez and has the world's best-performing… -
Banks
Bank-Loan Funds: A Risky Reach for Yield
The high yields on offer draw investors to a product they may not understand -
Global ETF and ETP Assets Hit All-Time High
Dec. 10 (Bloomberg) -- Deborah Fuhr, co-founder of the research group ETF Global Insight, talks about exchange-traded funds. She speaks on… -
Commodities
Inside the iPad
An iPad contains up to 3 grams of solder, made up of 7,877 individual solder points -
Conspicuous Consumption Is Back
Subdued fashions of the recession years are fading as wealthy Americans again flaunt luxury purchases -
Banks
Welcome to Lehman Brothers. We're Open for Business
It's going to be liquidating some $39 trillion in assets until the year 2017 -
Stocks & Bonds
The Investor Is Fleeing, and Other Market Myths
A close look at a new report from Birinyi Associates -
Regulation
Health Care's Epidemic of Insider Trading
Illegal traders have plenty of opportunities to profit from tips on test results and deals -
Life-Stage Investing
If Only T. Boone Pickens Had Died
The billionaire had a plan that would enrich Oklahoma State University once he and other alumni passed on. They're still here -
Playboy Inside Trading Leads to the Bedroom
Dec. 10 (Bloomberg) -- Christie Hefner, former CEO of Playboy, said she was shocked as her husband of 15 years, William Marovitz, confessed to… -
Investing
Can Timber Rebuild Harvard's Endowment?
Jane Mendillo bets on natural resources as she seeks to put the university back on top -
Investing
Charlie Rose Talks to Jeremy Grantham
GMO's co-founder finds that, overall, Democrats are actually pretty good for the economy -
Commodities
McMoRan's Ultra-Deep Well Is Stuck in the Mud
The oil and gas exploration company can't get results from its Davy Jones project -
Commodities
About That Gold Stored in Flood-Prone Lower Manhattan
The world's biggest pile of gold is in Manhattan—and still dry—due to a meticulous storage design -
Regulation
A $4 Trillion Dodd-Frank Loophole
Banks are looking to help their clients transform risky holdings into temporarily safe collateral for derivatives trades -
Wall Street
Why Some M&A Deals Are Best Done In-House
Companies' internal mergers-and-acquisitions teams displace pricey investment banks -
Is a Turnaround Brewing for Starbucks?
Founder Howard Schultz pledged to revive Starbucks to earlier glory. Recent results suggest he is on the right track, but some observers remain skeptical -
Investing
High-Speed Trading: My Laser Is Faster Than Your Laser
A new transatlantic cable makes high-speed trading even faster through shorter distances and better lasers -
Investing
Where Has All the Stock Trading Gone?
Public exchanges lose out as trading moves to dark pools and wholesalers -
Life-Stage Investing
About That $25 Billion Robo-Signing Settlement
The national mortgage settlement is facing criticism, but homeowners are benefiting from an improving housing market -
Stocks & Bonds
BATS Follows the NYSE Into the Dark
The exchanges are done sitting back and watching the dark pools and wholesalers take their business, hoping the SEC might step in -
Real Estate
Europe's Crisis Spotlight Shifts to Spain
Spain's banking crisis takes center stage in Europe as the country's real estate woes worsen -
Real Estate
Buying That First Home Is Getting Harder
They're having a hard time taking advantage of the rebound in housing -
Mutual Funds & ETFs
Jeffrey Gundlach, Bond Savant
In just two years, Gundlach's DoubleLine Capital has amassed $34 billion in assets. So who is this bond guru who left TCW on really bad terms? -
The Smartest Superheroes Businessweek - Business News, Stock Market & Financial Advice
-
Media & Marketing
Pimp My Credit Card
Credit-card issuers are trying to jazz up cards to attract more customers -
Alpha Investors
Ted Weschler: The Next Warren Buffett?
The Berkshire Hathaway investor could end up running the place -
Deutsche Bank Accused of Hiding Securities Losses
Dec. 6 (Bloomberg) -- Eric Ben-Artzi, a former quantitative risk analyst for Deutsche Bank AG, alleged that Europe’s biggest lender engaged in… -
The Death of EquitiesBusinessweek - Business News, Stock Market & Financial Advice
-
Real Estate
Japan's Property Market Comes Back to Life
Big Japanese developers such as Mitsui Fudosan are enjoying a renaissance -
Commodities
Unlocking the Crude Oil Bottleneck at Cushing
This week the Seaway pipeline will start sending oil from Cushing, Okla., to the Texas Gulf Coast. How will that impact the price of oil? -
Investing
For Collectors, With Hirst Comes Pain
Works bought during artist Damien Hirst's commercial peak have since sold at an average loss of 30 percent -
Real Estate
Bill Miller's Housing Spree Pays Off
His Opportunity fund leads the pack with bets on homebuilders -
Hedge Funds
SAC Gets the Heads-Up No One Wants to Receive
A Wells notice is the ominous singing legalgram of the financial world -
Target vs. Wal-Mart: The Next Phase
In the downturn, Wal-Mart's low prices have trumped Target's cheap chic. With a recovery on the way, the discount giants are readying for the next… -
Hedge Funds
John Paulson's Very Bad Year
Nothing could go wrong for the hedge fund manager—until everything did. Inside the unmaking of a Wall Street legend -
Investing
Confessions of a Reformed Stockbroker
Blogger and financial adviser Joshua Brown has written a book about cold-calling scripts and other secrets of stock peddlers -
Private Equity
Energy Future's Profitable Road to Oblivion
While the Texas utility is fundamentally insolvent, its buyout backers have profited handsomely from fees -
Hedge Funds
New Word of Insider Tips at SAC Capital
A manager told the FBI he passed along ideas from dubious sources
Shared
-
Real Estate
The Foreclosure Wave That Wasn't
Loan relief and private equity purchases dampened dire predictions for 2012 -
Facebook
Netflix Shows Facebook Is Not the Internet (Yet)
The Netflix case raises the issue of whether a social media update is a fair, public disclosure -
Life-Stage Investing
The Needless Tragedy of Student Loan Defaults
Delinquencies surpassed those on credit cards in the latest quarter, the New York Fed says -
Wall Street
The Tale of a Wall Street Trader Turned FBI Spy
An informant fed the FBI tips for its Galleon and other investigations -
Europe
France's Financial Crackdown Is Falling Flat
Banks are finding ways around new taxes and regulations -
In Hard Times, Dreams of Easy Money
Sales of metal detectors and lottery tickets rise as employment and average wages stagnate -
The Smartest Superheroes Businessweek - Business News, Stock Market & Financial Advice
-
Stocks & Bonds
Hedge Funds' Hail Mary: Bet on Tech
With returns lagging, firms pour cash into slumping Web companies -
Regulation
The FDIC Claims an IndyMac Victory
Three IndyMac executives must pay $169 million for making bad loans to homebuilders in the runup to the housing bust -
Global ETF and ETP Assets Hit All-Time High
Dec. 10 (Bloomberg) -- Deborah Fuhr, co-founder of the research group ETF Global Insight, talks about exchange-traded funds. She speaks on… -
Banks
Welcome to Lehman Brothers. We're Open for Business
It's going to be liquidating some $39 trillion in assets until the year 2017 -
Hedge Funds
New Word of Insider Tips at SAC Capital
A manager told the FBI he passed along ideas from dubious sources -
Banks
Will London Lose Power to a Euro Bank Bloc?
A banking union on the Continent threatens the City's primacy -
Stocks & Bonds
Japanese Stocks? Yes, They Really Think So
While Japan has offered investors numerous cautionary tales, a few strategists see better days coming for the nation's battered equities -
Commodities
The Deadly Tin Inside Your Smartphone
On Indonesia's Bangka Island, tin miners labor under awful conditions for the solder that binds your favorite devices. And the death rate on the… -
Regulation
Mary Schapiro's Unfinished Business
The outgoing SEC chairman saved the agency—and fell short on several fronts -
Life-Stage Investing
A Faustian Bargain for State Pension Plans
Retirement funds bankroll buyout firms that lay off public workers -
Commodities
The Oil Hub Where Traders Are Making Millions
There are 44 million barrels of crude parked in Cushing, Okla. Those who can move it—by truck, train, barge, or pipe—are making a killing -
As World Millionaires Multiply, Singapore Holds Its Lead
Overall, global wealth grew fastest in the Asia Pacific region last year. North America came in second -
Investing
Damien Hirst: Jumping the Shark
The artist tampered with art market economics in 2008 when he auctioned $200 million of his work directly to bidders. Now his stock's crashed -
Banks
The Deutsche Bank Whistleblower Case May Be Just the Beginning
The SEC's new whistleblower program is beginning to show results
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