Why financial markets are shrugging off Greece

WONKBLOG | Many investors are questioning whether financial markets are out of sync with economic performance — and whether that heralds a potentially painful adjustment down the road.

    Latest News

    Fiat Chrysler, Nissan report strong June US sales

    Fiat Chrysler, Nissan report strong June US sales

    Edmunds.com predicts that by the time all automakers report sales on Wednesday, the total will rise about 5 percent for the best June since 2006.

    Main Street Morning: Greece defaults on IMF payment

    Main Street Morning: Greece defaults on IMF payment

    Our rundown of news affecting start-ups and small businesses.

    Sweetgreen raises more lettuce to continue expansion

    Sweetgreen raises more lettuce to continue expansion

    D.C.-salad chain Sweetgreen collects $35 million to open more Washington area locations and expand to two new markets next year.

    As labor advocates hail Obama’s overtime plan, employers brace selves

    As labor advocates hail Obama’s overtime plan, employers brace selves

    President wants to make up for inflation, but some business owners fear it may be too much for them.

    Ruling confirms e-book price-fixing by Apple

    A federal appeals court panel backs, 2 to1, a judge’s finding that Apple conspired with five publishers.

    White House overtime policy could hurt small businesses, trade groups say

    White House overtime policy could hurt small businesses, trade groups say

    Small business groups say the president’s new overtime eligibility proposal could hurt employees’ paychecks in the long run.

    Columnists

    Michelle Singletary

    Michelle Singletary

    Teenage driver needs a payment plan for the damage done

    Also, should a family dealing with terminal illness use part of an inheritance to make memories or save it?

    Barry Ritholtz

    Barry Ritholtz

    You’re only human: An economist explains how it hurts your portfolio

    As Richard Thaler explains, investors behave against their own interests — but you can outsmart your brain

    Rodney Brooks

    Rodney Brooks

    What age is best to start drawing Social Security benefits? Truth is, it depends.

    Waiting till 70 is often advised due to longer life spans, but sometimes starting sooner makes most sense.

    Allan Sloan

    Allan Sloan

    A steady bloodletting by corporate deserters

    Washington has failed to act on short-term-fix legislation and reforming the corporate tax code.

    Thomas Heath

    Thomas Heath

    The Boland family has a pretty hot — and sticky — business

    The family that brought A/C to Washington wants to manage your energy, too.

    Market News

    US stocks open higher following gains in European markets

    US stocks open higher following gains in European markets

    U.S. stocks opened higher Wednesday on hopes that a deal between Greece and its creditors could be cobbled together to prevent a Greek exit from the euro. Stocks in Europe rose sharply. In deal news, Chubb Corp. surged after agreeing to be acquired by rival insurance company Ace Ltd.

    Wonkblog

    Kissing friends on the cheek in France is more complicated than you think

    Kissing friends on the cheek in France is more complicated than you think

    How many times do you kiss a friend on the cheek -- un, deux, trois?

    Why financial markets are shrugging off Greece

    Why financial markets are shrugging off Greece

    WONKBLOG | Many investors are questioning whether financial markets are out of sync with economic performance — and whether that heralds a potentially painful adjustment down the road.

    How Christie lengthened commutes by 23 minutes

    The New Jersey governor had a chance to shorten the average rail commute over the Hudson River, but he turned it down.

    More from Wonkblog

    On Leadership

    Misty Copeland makes history as first African American to become principal dancer with American Ballet Theatre

    Misty Copeland makes history as first African American to become principal dancer with American Ballet Theatre

    Misty Copeland made history on Tuesday, when American Ballet Theatre announced that she has been promoted to principal dancer.

    The workplace perks that are in — and out

    A new survey examines the changing landscape of employee benefits.

    More from On Leadership

    Get There

    Why you should let your kids play with real cash, not Monopoly money

    Why you should let your kids play with real cash, not Monopoly money

    Young people will establish better money habits if the lessons start early and if they have actual cash in hand, an advisory council finds.

    How ordinary bond investors would be hurt by a default in Puerto Rico

    How ordinary bond investors would be hurt by a default in Puerto Rico

    Most fund firms have been scaling back from Puerto Rican bonds but some managers are making big bets. Retail investors should know where they stand.

    The Switch

    The Internet just persuaded Sprint not to slow online videos to a crawl

    The Internet just persuaded Sprint not to slow online videos to a crawl

    Hours after unveiling a new program for consumers that automatically slowed videos to dial-up speeds, Sprint is backtracking.

    Mark Zuckerberg and Stephen Hawking just had the most awe-inspiring exchange ever

    Mark Zuckerberg and Stephen Hawking just had the most awe-inspiring exchange ever

    Zuckerberg held an online Q&A Tuesday and covered a lot of ground, from his workout routine to his thoughts on transgender issues.

    More from The Switch