Mid-cap stocks fly under the radar, wedged between fast-growing small-caps and established large-caps. But their long-term performance as an asset class has been good enough that you should think about diversifying your investment portfolio to include them. Financial media headlines are rightly fixated on the large-cap companies that drive... Read more

As one airline with transatlantic ambitions came into land for the last time, another was making plans to take off — hoping to disrupt one of the world’s busiest and most important routes. US carrier JetBlue will take on incumbents such as British Airways, Virgin Atlantic and United Airlines... Read more

Traders might feel compelled to dust off their playbooks for late-cycle investing lately, says AllianceBernstein strategist Richard Brink, but this isn’t your typical late cycle, and typical late-cycle responses might not apply this time around. “Today’s market has been shaped by extreme and unusual policies over a decade,” Brink... Read more

As millions of pigs disappear in China, the rest of the world is beginning to notice. The country’s pig population, the largest in the world, is likely to shrink by almost a third, losing 130m animals as African swine fever ravages the country’s farms. The outbreak will reshape protein markets... Read more

Capitalist productivity, the most powerful source of economic and social advancement in human history, is now becoming capitalist financialization. The result? A zombiefication of our economy and an oligarchification of our society. Financialization is profit margin growth without labor productivity growth. That sounds like a small thing, but I... Read more

For months Beto Marron faced a terrible dilemma: he could pay his rent and rapidly rising utility bills, or he could put enough food on the table for his family of four. He could not afford to do both. The decision was made for him when he was kicked... Read more

The death toll from Sri Lanka’s devastating Easter bomb blasts rose to 290 on Monday, amid growing recriminations among the nation’s bitterly divided political establishment over the handling of an intelligence alert that warned of an imminent attack by radical Islamists. In the deadliest terror attack ever to hit... Read more

When Roger Williams got his turn at the microphone earlier this month, his question for the bank CEOs lined up before the House committee on financial services seemed an unusual one to put to seven sharp-suited financiers. “Are you a socialist or are you a capitalist?” the Texas Republican asked... Read more

Some of the largest private equity groups are raising the performance fees they charge investors to well above the industry’s norm at a time when institutions are fighting to put money into the best funds. Institutional investors are in some cases paying 30 per cent in “carried interest” —... Read more