• Economists never imagined negative interest rates — now they're rewriting textbooks

    Economists never imagined negative interest rates — now they're rewriting textbooks
    If you’re a bank, the idea sounds crazy. Why pay someone to hold your cash?
    In 1983, when Frederic Mishkin started writing "The Economics of Money, Banking and Financial Markets," his seminal textbook on macroeconomics, he never thought he'd devote much space to the idea of negative interest rates.
    "A million years no," Mishkin told Business Insider.
    Negative rates were seen as a bizarre thought exercise by academic economists, not something any of us would see in the real world.
     It
  • 11 advanced excel tricks that will help you get an instant raise at work

    Microsoft Excel just might be the greatest piece of software ever developed.
    Massive swathes of the economy rely on the program, and becoming skilled at Excel has become a license to print money in business. 
    So while there are a lot of basic tricks that you have to know, there are also a few tricks that will set you head and shoulders above the competition. 
    If you want to dazzle your bosses and beat your rivals, know these eleven excel tricks. 
    This article was written by Walter
  • Wall Street has stepped up with $40 billion to help AT&T buy Time Warner

    Wall Street has stepped up with $40 billion to help AT&T buy Time Warner
    It's happening.
    AT&T announced late Saturday night that it has agreed a deal to buy Time Warner for $107.50 per share, with Time Warner shareholders getting $53.75 per share in cash and $53.75 per share in AT&T stock.The deal values Time Warner at $85.4 billion, and makes for a massive payday for the Wall Street banks advising on the deal. 
    The cash portion of the deal is going to be financed with new debt and cash already on AT&T's balance sheet."AT&T has an 18-mo
  • AT&T is buying Time Warner for $85 billion (T, TWX)

    AT&T is buying Time Warner for $85 billion (T, TWX)
    It's official. AT&T will buy Time Warner for $107.50 per share, or $85.4 billion.
    They announced the agreement Saturday night, following a string of reports in recent days that appeared to have accelerated the talks between the two companies.
    The move means AT&T will own networks like CNN, HBO, TNT, and several other media properties. AT&T will likely face a harsh regulatory process, but there is some precedent. Comcast, another operator, was allowed to buy NBC Universal in 2013.
    On
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