A big ‘whoops’ caused a market hiccup earlier Monday when the Institute for Supply Management sent out incorrect figures for May manufacturing. Steve Russolillo joins the News Hub with details. Photo: AP.
Tag: Michael Casey
VIDEO: Barron’s Buzz: Spotlight on IBM
The new issue of Barron’s looks at IBM’s turnaround strategy, plus what’s new about bank stocks. Jack Hough joins MoneyBeat. Photo: Getty Images.
VIDEO: ECB, Currency Traders Are at Odds
When ECB chief Mario Draghi complained Saturday that the strong euro is depressing the price of imported goods, feeding deflation and hurting weaker euro-zone countries, the market impact has been virtually indiscernible. Michael Casey joins MoneyBeat. Photo: AP.
VIDEO: Bitcoin Creator ‘Satoshi Nakamoto’ Unmasked–Again?
A month after a firestorm erupted over Newsweek’s claim that it “unmasked” the creator of bitcoin, a U.K. university has released a new study that points to a different candidate. Michael Casey joins MoneyBeat.