Financial Website

Endowment Sweepstakes: How Tiny Houghton College Beat Harvard - The New York Times: "Compare the results with those of Houghton College, a liberal arts institution affiliated with the Wesleyan Church in the Genesee Valley in western New York. Houghton has just over a thousand students and an endowment of $46.4 million. Houghton emerged in the top quartile of all endowments, according to Nacubo,

An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we're getting it all wrong: "The three common reasons customers cited for using a check casher over a bank: cost, transparency, and service.  Lisa Servon couldn't kick the nagging feeling that the financial elite had it all wrong. The prevailing wisdom from bankers and policy makers went like this:

ASU Professor Debunks Stock-Market Myth | KJZZ: "The so-called “Weekend Effect” refers to the tendency of stock returns to be significantly lower on Mondays than the preceding Fridays. Some theories point to companies releasing bad news after the markets close on Fridays, leading to lower prices on Monday, but new research reveals the “Weekend Effect” hasn’t existed for years. " 'via Blog this'