The rise of cyber crime threatens the links between traders and markets, and will only accelerate as investors boost their reliance on technology. What follows is a conversation about the markets, cyber security and the coming challenges that investors and traders face in the 21st century economy.
The administration can unilaterally limit inverted companies from taking interest deductions in the U.S. or from accessing their foreign cash without paying U.S. taxes, Stephen Shay said in an interview and in an article published today in Tax Notes.
Treasury 10-year notes fell for the first time in three days as a U.S. sale of $32 billion of three- year debt drew lower-than-average demand while investors awaited the outcome of the presidential election.
The dollar fell against the majority of its 16 most-traded peers as voters headed to the polls to decide whether President Barack Obama or challenger Mitt Romney will guide the world’s biggest economy for the next four years.