10 things you need to know this morning in Australia

The Olympics is over and Australia is rubbish at it. Microsoft is getting hardware right and a new PS4 might have snuck out. And it's a bigger week on markets than you might think.

6 things Australian traders will be talking about this morning

The Summer and Olympic doldrums continued in stocks on Friday with muted falls in the US and Europe giving the local market a slightly negative lead for the open this morning.

There's one move that almost always sets off chaos in the currency market

Nigeria finally did the painful thing everyone said that it had to do. On June 20, it unpegged its currency, the naira, from the US dollar and promised to pursue a flexible exchange-rate system.

Hedge fund managers are waiting for the world to change

Hedge funds are having a tough time of it. They have returned about 3% this year on average, according to Goldman Sachs, while the S&P 500 is up by about 7%.

Meet the cocaine-addled, Hitler-obsessed drug smuggler who tried to take down Pablo Escobar

For all his deeds and bluster, Escobar was just one member of a clan of traffickers who helped create the Medellin cartel.

An ex-Goldman employee who left finance behind shares her best advice for anyone making a career change

Changing jobs can be scary ... and exciting ... and overwhelming.

Inside the textbooks ISIS uses to indoctrinate children

The terrorist group administers schools and has even created its own curriculum and textbooks to educate the next generation of jihadis.

A top Wall Street strategist explains why everything about markets seems broken right now

Nearly a decade of crisis-era monetary policy, coupled with political inaction across the developed markets, has led to underwhelming economic performance the world over.

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