Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.
As Greece girds for elections next month that could lead to its exit from the euro zone, economists are acknowledging an unsettling reality: No one knows what the cost of such a departure would be.
As Greece girds for elections next month that could lead to its exit from the euro zone, economists are acknowledging an unsettling reality: No one knows what the cost of such a departure would be.
Facebook is minting a lot of millionaires with its IPO, but along with those tales of riches come people like a carpet salesman who may have missed out on $50 million. Reality star Ali Fedotowsky missed out too.
Investors should consider selling a basket of currencies that will profit if Greece does leave the euro zone, but also limit the downside if Europe muddles through.