Who do we blame for the election of 2016?
I approve of paywalls because I believe content creators deserve to be paid for their efforts. I subscribe to several paywalled services, including The New York Times. But I rarely recommend to others on social media stories behind paywalls because of the different rules and limits from site to site. For this I make an exception. Do whatever it takesRead more
That has been the question for quite some time. Once, long ago on a planet far away, I was at the bleeding edge of technology. I moved from my hometown, Chicago, to New York in 1989 to begin a new job as New York Bureau Chief and Senior correspondent of the public television program Nightly Business Report. Among the many hats IRead more
In my recent post on mutual funds, I noted that John Bogle disrupted that industry with Vanguard, a mutual fund company that specialized in low cost index funds designed to mimic rather than outperform major market indexes. The other mutual fund companies responded with their own index funds, and there is intense competition between them Mutual fund shares vs. ETFsRead more
In a previous post about indexes, I identified the Dow Jones Industrial Average and the Standard and Poor’s 500 as the two most frequently referenced. They originated as short-cuts that summarized market trends, and are often used as a benchmark against which investment performance can be judged. There has been an explosion in the number of indexes in recent years.Read more
Business reporters can get up to speed on market indexes with a backgrounder on the Dow and S&PIn my first Financial Market Reporting piece, I complained that many reporters make casual reference to “the market” without specifying what they mean. Usually, I wrote, they mean the Dow Jones Industrial Average, which I called the “best known” stock market measure. TheRead more
A few months ago I moderated a training teleconference for reporters as part of the continuing education program of SABEW, the Society of American Business Editors and Writers. The teleconference focused on Initial public offerings—the first sales of stock issued by a company to the public. The teleconference is now available as a podcast you can play at any time to hearRead more