Finance Insider is Business Insider’s summary of the top stories of the past 24 hours.
It’s a tough time to be in Europe.
The Bank of England’s doom-laden predictions are beginning to come true. The pound is crashing. Markets have become obsessed with Europe’s next big problem. And three ‘risk-off’ trades are going crazy.
Investors everywhere are basically screwed at this point.
In other news, the government needs to spend a lot of money on something even less sexy than highways, and something very worrying seems to be happening in China’s jobs market.
Goldman Sachs took Libyan officials on a $29,000 expenses-paid trip to London.
Here’s the first thing you should do when you start at a Wall Street bank, and here are 25 life hacks to help you survive your NYC internship.
Finally, meet the 31-year-old who mentors the CEO of a $44 billion company.
Here’s the best of the rest in Wall Street headlines today:
Elon Musk calls Fortune’s report on Tesla’s latest stock sale ‘BS’ in Twitter tirade – Elon Musk is going off on Fortune.
Netflix’s stock is popping on news that you’ll be able to stream using Comcast’s fancy new cable boxes – Comcast thinks its new “X1” voice-controlled cable box will be the future of TV, and now that future will include Netflix.
Twitter has six months to clean up its act before it’s too late – The internet really, really wants Twitter to be acquired.
Credit Suisse merges fixed income with equities in Asia Pacific – The changes come as Credit Suisse CEO Tidjane Thiam, who took up his post last July, doubles down on wealth management.
This commodity is a better safe-haven option than gold – One of the more popular debates among economists revolves around this question: What’s the point of gold?
An $8 billion hedge fund suddenly imploded — here’s how it played out – The sudden demise of Visium has rocked Wall Street.