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Fewer Harvard Business School students are entering careers in finance, a sign that global stock markets may be leveling off, according to the latest report of an HBS alumnus who correlates MBA career choices with long-term market performance...
...percent of the Business School’s graduating class entered “market-sensitive” sectors, which include investment banking, hedge funds, and private equity, among others. That is down from a record high of 41 percent in 2008, according to Soifer’s report...
...bought stocks in the fall of 1937, you’d have done pretty well since,” Soifer’s report said...
...passes, but it's not clear that will be enough to sway voters, who rank jobs and the economy as their most important issues. "Five or 10 years from now, maybe, this bill will seem as a success, who knows?" says Charlie Cook, editor of the nonpartisan Cook Political Report, which tracks congressional races. "But I don't think it will give Democrats a lift next year." Perhaps. But most Democrats aren't eager to see what kind of lift the Republicans will get if the Democrat majority can't pass the legislation they've spent the past 12 months...
...extremists who are tied to al-Qaeda. As Yemen's security crumbles, militants find it easier to operate, according to the risk consultancy Eurasia Group in a research note on Nov. 5. "The Yemen-based al-Qaeda in the Arabian Peninsula is establishing more sophisticated infrastructure in Yemen," the report said. "A collapse or severe weakening of the Yemeni state would likely send millions of refugees into Saudi Arabia, threatening stability there." (See TIME's pictures of Saudi women...