From the doughnut shop floor to the Federal Reserve: The unlikely journey of Mary Daly

New York (CNN Business) Mary Daly never could have imagined she would be here. What really makes Daly stand apart from her peers is the unlikely journey she took to get to the pinnacle of economics. At 15 years old, Daly dropped out of high school, which she found “distant and uninteresting,” because her family …

Read moreFrom the doughnut shop floor to the Federal Reserve: The unlikely journey of Mary Daly

A Chinese digital currency is the real threat, not Facebook’s Libra | Kenneth Rogoff

Facebook chief executive, Mark Zuckerberg, was at least half right when he recently told Congress that there was no US monopoly on regulation of next-generation payments technology. You may not like Facebooks proposed Libra (pseudo) cryptocurrency, Zuckerberg implied, but a state-run Chinese digital currency with global ambitions is perhaps just a few months away, and …

Read moreA Chinese digital currency is the real threat, not Facebook’s Libra | Kenneth Rogoff

Good Guy Boss Ends Up in Debt!

Murray Menzies

For decades plumbing firm boss Murray Menzies paid into a pension scheme for his workers at a time when it was not compulsory. But a series of complex changes to the law mean the 71-year-old is now being pursued for a huge “pension debt” to cover a shortfall in the shared fund he used. It …

Read moreGood Guy Boss Ends Up in Debt!