Nobel Prize

Oliver Hart and Bengt Holmström were the two winners of this year’s Nobel Prize for economics for their “contribution to contract theory” in the '70s and '80s. Hart, now based at Harvard University, has been a long-time critic of the private prison system. Twenty years ago,...

The last category among 2016 Noble Prizes has finally been announced. The award for literature went to Bob Dylan, who was somewhat of a dark horse. The Swedish Academy's logic in bestowing the accolade on Dylan is this: He has created new poetic expressions within the great American song...

Robert Engle, economist, Michael Armellino Professor in Management of Financial Services at New York University, and Nobel Prize laureate, appeared on CNBC's Squawk Box to discuss financial risk on a national and global scale. Japan has slightly come up from where they were, but it still hold's...