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A fracking-fueled job boom has erupted in parts of the U.S. and wages of gas workers have increased. But in New York fracking is banned. That hasn’t stopped an upstate New York school from offering training courses for work in gas fields, because many expect Gov. Andrew Cuomo to lift the ban.
With only a few days left until the fall starts, you can still get in some beach reading. Here are the best books about investing and Wall Street to come out this summer.
Two fascinating pieces of research from Keefe Bruyette & Woods estimates how much American banks may be on the hook for as the LIBOR scandal grows.
JP Morgan, already on the hot seat for a big $2 billion trading loss, admits that it lost more than $4.4 billion, and added that its traders lied about the size of the loss to make it look better.