Amazon Minimizes Profits Because CEO Jeff Bezos Hates Paying Taxes

Amazon CEO Jeff Bezos claims the company eschews profits so “free cash flow” can drive…

One bank’s cost is another firm’s revenue

Could the current state of bank regulation be a bonanza for software and consulting…

Meet the Big 2 Accounting Firms That Help U.S. Companies Stash Billions in Taxable Income Overseas

Our economies are messed up. And the cause is the Internet.

Imagine that someone told you that three of the biggest stories of the past few years — the financial crisis, exploding economic inequality, and the National Security Agency spy scandal — weren’t actually different stories at…

What’s really wrong with bank supervision

The banks treat supervisors like punks, and the supervisors…

The Hilton Trade

How a big win for Blackstone’s investors was a big loss for its lenders

Secret Goldman Sachs Tapes Reveal the Fed Burying Wall Street’s Bodies…Again

Why regulatory capture is here to stay

Dan Davies has a fantastic piece on the secret Fed tapes.

Venezuela’s default has already begun

The more you default on various sovereign obligations, the less…

Political polarization is worse than ever.

You knew that already, of course, but the hard data really backs it up.