Articles on Financial risks

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Older adults generally have a good sense of their own financial abilities – unless they have dementia. shapecharge/E+ via Getty Images

Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research finds

Older adults are generally good at judging their capacity for handling their finances, but cognitive impairment degrades that skill. Proactive planning can help protect them from fraud.
Another U.S. bank bit the dust. AaronP/Bauer-Griffin/GC Images via Getty Images

Recent banking crises are rooted in a system that rewards excessive risk‑taking – as First Republic’s failure shows

The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
The cracks in the financial system are growing. John Sommer/E+ via Getty Images

US regulators avoided a banking crisis by swift action following SVB’s collapse – but the cracks it exposed continue to weaken the global financial system’s foundation

The Fed, Treasury and FDIC acted swiftly to protect depositors and stem any panic, but anxiety continues to grow about the state of the global financial system.
A cabin is illuminated by firetruck lights as the Caldor Fire burns near Lake Tahoe in California on Aug. 31, 2021. Wally Skalij/Los Angeles Times via Getty Images

A new ratings industry is emerging to help homebuyers assess climate risks

Private companies rate all kinds of investments, from stocks to used cars. Now, they’re starting to analyze climate risks to local real estate – but how reliable are their findings?
The Conversation

Four ways an Australian housing bubble could burst

There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing…

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