Matthew Philips

Q&A: Suzanne McGee on Chasing Goldman Sachs

In the hierarchy of Wall Street, Goldman Sachs has become the top dog: the cool, smart kid who finance geeks want to be. And, although Goldman's top brass gets dragged down to Washington, D.C., the bank still reigns, at least financially.

Q&A With Zappos CEO Tony Hsieh

Online shoe retailer Zappos made a name for itself with topnotch customer service. It paid off: Amazon bought it for $1.2 billion last fall. In his new book, Delivering Happiness, CEO Tony Hsieh talks about Zappos's unique business approach and giving customers that "wow" feeling.

Is Now the Time to Buy BP Stock?

Apparently we should all be buying BP stock right now. At least that's the recommendation of the people paid to know these things: financial analysts who follow the company.

High-Frequency Trading: Out of Control

High-frequency traders, who have maintained a low profile, say that because their frenzied trading provides liquidity, they help markets run smoother, improving the environment for all investors. But combine the speed at which they operate, the outsourcing of decision making to computer codes, and an almost complete lack of regulation, and this shadow market can fuel and exaggerate volatility.

BP's Photo Blockade of the Gulf Oil Spill

As BP makes its latest attempt to plug its gushing oil well, news photographers are complaining that their efforts to document the slow-motion disaster in the gulf are being blocked from the sites where the effects of the spill are most visible.

The First Vatican-Approved Stock Index

Ever wonder how the pope would do as a stock picker? We might find out. Last month the first Vatican-approved equity index launched. The Stoxx Europe Christian Index is a compilation of 533 European companies that adhere to Catholic values.

Jobs: Where Will You Work in the Future?

The year 2030 sounds far off. In a way, the number itself conjures images of silver unitards and hovercrafts, just as 2010 probably did to people back in 1990. A lot's changed since then, but more has stayed exactly the same, which is part of the problem.

The Computer Glitch Felt Round the World

 So this is what high-frequency trading looks like. Just before 3 p.m. today, the Dow Jones industrial average went from being down about 180 points, mostly off continuing fears over the Greek debt crisis, to falling off a 900-point cliff, to then rallying back another several hundred points.

Why You Should Invest Like It's 1976

A year into the stock-market recovery, there's a lot of uncertainty about how long the boom will last. We may be able to learn something from the market's performance during the mid-1970s, as the similarities so far are striking.

Why Investment Banking Revenues Are Heading Down

Investment banks may have wrecked the world economy in 2008, but they sure made money picking up the pieces. In 2009, the global investment-banking industry took in $311 billion in net revenue, a 50 percent jump from 2008 and only $17 billion off its 2007 peak.

Texas: An Alternative-Energy Breakthrough

As President Obama champions alternative energy, a vexing problem remains: there's no way to share wind and solar surpluses nationally—whisking, say, a percentage of the Midwest's abundant turbine power to cities on the Eastern Seaboard.

Toyota's Mysterious Black Boxes

Whenever an airplane crashes, investigators focus on the black-box data, which may explain why the plane went down. Though most drivers don't realize it, two thirds of new U.S. automobiles have black boxes, too.

It's in His Game: Why Nike and EA Have Stuck With Tiger Woods

It's been a strange week for Tiger Woods. Just as rumors and photos of him attending rehab for sex addiction at a Mississippi clinic surfaced, one of his few remaining corporate sponsors, video game publisher Electronic Arts, demonstrated it wasn't just sticking by Tiger, it was doubling its bet on him.

Geithner Under Fire for Fed E-mails to AIG

Criticism has dogged the Treasury secretary for months. Now newly uncovered e-mails indicate how the New York Fed, under his tenure, directed AIG to keep quiet about its disbursement of $62 billion in bailout funds.

Is Carbon Regulation Good for Business?

Cap-and-trade opponents have tried to portray the legislation working its way through Congress as bad for business. The U.S. Chamber of Commerce says it would set off a "catastrophic cascade" of lawsuits and "choke off growth"—and some economists say that the House bill, if enacted, would shave 1 percent off GDP growth in the near term.