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News & Updates

November 14, 2014 It May Be Too Late for Japan’s PM to Fix the World’s Third Largest Economy

Source: Time

Shinzo Abe is desperate to rescue his failing economic program, but he still hasn't done what's necessary

November 14, 2014 German-French Rebound Kept Euro Economy Growing in Third Quarter

Source: Bloomberg

The euro-area economy grew faster than analysts forecast in the third quarter as Germany and France rebounded and Greece showed some signs of revival

November 14, 2014 Is the Fed Due for a Revamp?

Source: US News

Building on momentum from earlier this year, a group of policy advocates, economists and community organizations is calling for more transparency at the Federal Reserve, imploring that the Fed consider the plight of many who...

November 14, 2014 US stocks end with moderate gains at Wall Street

Source: Business Standard

Energy sector continues to drag down stocks U.S stocks ended Thursday's mixed trading activity slightly higher on 13 November 2014 but a continued sell-off in energy stocks, due to falling oil prices, weighed on the S&P 500. The...

November 14, 2014 Buffett's Berkshire Hathaway buys P&G's Duracell

Source: Reuters

Berkshire Hathaway Inc has agreed to acquire Procter & Gamble Co's Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company's...

November 13, 2014 China Oct data shows economy cooling further, need for more policy support

Source: Reuters

China's economy lost further momentum in October, with factory growth dipping and investment growth hitting a near 13-year low, testing the government's resolve to avoid stronger stimulus measures.

November 13, 2014 Oil below $80 as slow China chimes with OPEC warning

Source: Reuters

Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China's resource-hungry economy chimed with OPEC warning of a substantial drop in demand next year.

November 13, 2014 European Shares Fall, Pound Down

Wall Street Journal - It stopped short, however, of supplying a concrete timetable for such a move. By early afternoon, the îStoxxî Europe 600 was down 1.1%. Germanyâs DAX was down 1.5% while Franceâs CAC...

November 12, 2014 Why Income Inequality Is a Growing Threat

Wall St. Cheat Sheet - Income inequality is the top threat facing the world in 2015, according to experts from the World Economic Forum. Along with increasing joblessness, global pollution, and severe weather events, inequality...

November 12, 2014 Fed now committed to data-dependent interest rate hikes: Plosser

Source: Reuters

The Federal Reserve's latest statement shows policymakers are committed to tying higher interest rates to economic data, not calendar dates, a top U.S. central banker said on Wednesday.

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