Executives are worried about what’s in frontpage news these days. McKinsey’s Economic Conditions Snapshot for September shows that a record number of business executives are concerned about the impact that geopolitical instability could have on economic growth. More than 80% of respondents said that geopolitical crises in North Africa and the Middle East are “likely […]
There are infinitely many numbers, and infinitely many ways to combine and manipulate those numbers. Mathematicians often represent numbers in a line. Pick a point on the line, and this represents a number. At the end of the day, though, almost all of the numbers that we use are based on a handful of extremely […]
We’ve recently looked at how college majors compare to each other in terms of earnings. Here is a look at how they vary by geography. We used data from the Minnesota Population Center’s 2012 IPUMS, an individual-level set of responses to the Census Bureau’s 2012 American Community Survey (ACS), slightly modified for statistical and privacy […]
Closely-followed hedge fund manager John Paulson spoke to a room of MBA grads and students on Tuesday evening about hedge fund compensation among other topics. Paulson, who shot to fame after making billions betting against subprime during the housing crisis, was part of a panel at NYU Stern called the “Future of Finance” with Citigroup CEO Michael […]
Reuters he Sands casino and hotel is seen in Macau October 31, 2009. Las Vegas Sands Corp, which is expected to launch a public offering of its Macau operations in November, posted a net loss of $ 123 million, or 19 cents a share, compared with a year-earlier loss of $ 32.2 million, or 9 […]
<div>Please enable Javascript to watch this video</div> Run Monte Carlo simulations in Excel with this simple work around. Produced by Sara Silverstein Follow BI Video: On Facebook Business Insider » Finance
We recently looked at how much a household would need to earn in order to be in the top 1% of the income distribution in each state. Now, we found that cutoff for the twenty largest US cities. We used data from the Minnesota Population Center’s IPUMS, a modified (for statistical and privacy reasons) version […]
Pool/Getty Images Hello! Here’s what you need to know for Tuesday. 1. As pro-democracy protests in Hong Kong enter their fourth day, Hong Kong’s chief executive Leung Chun-ying has demanded that the Occupy Central founders “stop this campaign immediately.” The Occupy Central movement issued an ultimatum to Chun-ying: Meet their Oct. 1 deadline for greater democracy or […]
REUTERS/Eduardo Munoz Following Bill Gross’ unexpected departure from PIMCO, Wall Street appointed Jeffrey Gundlach as the new Bond King. But apparently not everyone agrees. The superstar bond manager Gundlach and the mutual-fund rating service, Morningstar, are feuding, according to a Barron’s report. Back in July, Morningstar classified Gundlach’s $ 35 billion bond fund, DoubleLine Total Return, […]
In a bid to promote direct industry-academia discussion, the Malaysia Petroleum Resources Corporation (MPRC) set up a University Pavilion at the recent Malaysian Oil and Gas Services Exhibition and Conference (MOGSEC 2014). MPRC is an agency formed under the Economic Transformation Programme (ETP) and reporting to the Prime Minister’s Department. MPRC executive director […]