At the beginning of 2012, when the phenomenon of Jeremy Lin known to many as “Linsanity” hit New York City seemingly out of nowhere, it took the stock price of Madison Square Garden Entertainment (which owns the New York Knicks) with it: Up, up, and away. Now that Lin is leaving the Knicks, what’s happening to MSG chairman James Dolan and Co.’s stock price? Read More
Each week, The Observer looks at commodities, stocks, currencies, and economic data points that are making big moves and setting new records. This week’s extreme action takes place everywhere from the ineffably mucked up U.S. real-estate market to the soy farms of Agentina. For the most hard-core, eye-popping economic action this week, check out the Read More
As the financial markets continue their roller coaster ride, the issue of government’s role in our society returns to the front pages. While Congress considers a massive buyout of poorly thought out investments, many are arguing that if we are going to provide these subsidies we need to impose rules to prevent future crises. It’s Read More
