Western finance: The biggest winners

Finance has a long history of being a hotbed for speculative activity.For example, it was one of the areas where Wall Street was most exposed to the financial crisis.As the global economy continued to struggle, so too did the interest rates on all those mortgages, credit cards and student loans.These days, however, a new trend […]

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What’s the biggest reason companies are laying off workers?

Fears about the health of the economy are leading companies to trim their workforce.While some analysts have warned of a labor market that’s not in its prime, other analysts are forecasting that the labor market will rebound, even as corporate profits and revenue remain weak.Here’s a look at some of the biggest reasons companies are […]

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