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Indonesia prepares to change its capital city and challenges await

Aug 12, 2024
Other nations, including Brazil and Nigeria, have established a new capital. But if you build it, will people come?
Above, the new presidential palace in Indonesia's soon-to-be capital city of Nusantara seen on July 11.
Stringer/AFP via Getty Images

How pizza can explain a proposed rule about bank capital

Jan 16, 2024
Regulators want to make sure banks have enough money on hand to weather wobbles in the economy. Too much risk can ruin a good meal.
If you think of the funding a bank uses to do business as a pizza, debt would be slices with unusual toppings (which come with more risk) and equity slices would be plain cheese. The proposed rule would require more of those plain slices. But the banking industry warns that would cost more.
Robert Nickelsberg/Getty Images

What’s the right amount of capital for banks to have on hand?

Jul 11, 2023
More than they currently do, says the Federal Reserve’s vice chair for supervision.
It’s always a balancing act for bank regulators to figure out how much capital is enough.
Michael M. Santiago/Getty Images

What the story of Soul City, N.C., can teach us about fixing systemic economic racism

Aug 19, 2020
Civil rights leader Floyd McKissick set out to create a town, aided by government funding, that would showcase Black capitalism. Professor Devin Fergus explains why the story is relevant today.
Civil rights leaders including Floyd McKissick, second from left, at the White House with President John Kennedy in 1963. McKissick led the Congress of Racial Equality and later founded Soul City.
AFP/Getty Images

Investing while foreign-born: The advantages of being an immigrant venture capitalist

Dec 6, 2018
Immigrants comprise 13.2 percent of the U.S. population, yet 20.6 percent of the country’s entrepreneurs are immigrants, according to a 2016 report from the New American Economy.
Co-founders of One Way Venture in Boston, Semyon Dukach and Eveline Buchatskiy.
Courtesy of One Way Ventures

OPEC poised to shift oil agreements

Jun 21, 2018
Representatives from oil producing nations are in Vienna for the biannual OPEC summit. The organization’s most recent agreement capped production. But demand is soaring, so some significant changes could come out of this round of meetings. That’s because of varying goals among oil producing countries. Click the audio player above to hear the full story. 

In 'Capital,' remembering what we really have

Jun 25, 2012
Author John Lanchester's new novel explores the lives of a group of people living in London on the eve of the 2008 financial crisis. He discusses themes from the book: the London property bubble and capital's role in our lives.

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Where the money has gone

Dec 6, 2011
While the global economic crisis has punished developed countries, many in the developing world have gained from capital searching for a higher returns.