Financial Markets

Op-Ed Author: Benn Steil
Financial News

Benn Steil's February column in Dow Jones' Financial News looks at last week's two big proposed transatlantic exchange mergers, arguing that, unlike the earlier round of high-profile tie-ups (when large takeover premiums were paid), these are being driven by recognition that all the big bourses are becoming uncompetitive in their once-core equity trading businesses.

See more in Financial Markets; Global

Audio

C. Peter McColough Series on International Economics: Fiscal Irresponsibility Clouds the Future of the United States (Audio)

Speaker: Richard A. Posner
Presider: Tim Ferguson

Listen to Richard A. Posner, judge for the U.S. Court of Appeals for the Seventh Circuit and senior lecturer at the University of Chicago Law School, analyze how past fiscal irresponsibility has led to challenges to the global standing of the U.S. financial markets.

See more in Financial Crises; Financial Markets; United States