More people are taking cash out of their homes

Feb 5, 2020
A recent study shows mortgage refinancing spikes before economic recession.
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What does the bond market tell us about the economy?

Sep 27, 2019
If you want to know what's going on in this economy, the bond market is a pretty good place to start.
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What's the appeal of the "century bond"?

Aug 29, 2019
Investors would sign up to loan the U.S. government money for 50 or even 100 years.
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What are negative interest rates?

Aug 22, 2019
While the U.S. waits on word of rate cuts, the global economy is seeing negative interest rates.
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Low interest rates have cost savers roughly half a trillion dollars

Apr 10, 2019
The post-crisis financial policy has a downside.
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How to be an emergency room doctor

Jan 1, 2019
Amid the chaos, you need to form an instant connection with patients.
Zahir Basrai is an emergency room physician in Los Angeles. 
Zahir Basrai

For public good, not for profit.

How falling bond yields are both good and bad for the economy

Dec 20, 2018
Thursday saw another big stock market sell-off.  The Dow Jones Industrial Average slumped 464 points, or 1.9 percent. The Dow is off 10 percent for December, and the Nasdaq is down more than 19 percent since Aug. 29. The bond market has been heading in the opposite direction these last few weeks, as increased investor interest […]

CAT bonds could be key to paying for wildfire losses

Dec 10, 2018
Some urge FEMA to issue a catastrophe bond to help pay for wildfire recovery.
Firefighters battle flames at a burning apartment complex in Paradise, north of Sacramento, California, on Nov. 09.
JOSH EDELSON/AFP/Getty Images

California bail industry grapples with fallout from a new law

Sep 27, 2018
Starting next year, a judge, not ability to pay bail, will decide who remains jailed in the state before trial.
Bail companies posted nearly $1.75 billion in surety bonds with the Superior Court of Los Angeles County from May 2016 to May 2017, a recent report found. Above, an employee at Gotham Bail Bonds near downtown Los Angeles walks to her desk.
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