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News & Updates

May 19, 2015 Deflation: What it means in practice

Source: BBC News

n March 1960 Eisenhower was in the White House, Macmillan was in Downing Street, and Cliff Richard and Perry Como were in the Top 10 of the pop charts. It was also the last time that the UK had negative inflation

May 19, 2015 Goldman Sees Oil at $45 by October After ‘Self-Defeating’ Rally

Source: Bloomberg

Oil is poised to slump to $45 a barrel by October as a surplus of crude and producers’ easy access to cash weigh on the market, according to Goldman Sachs Group Inc.

May 19, 2015 Dow, S&P close at record highs as rate-hike angst abates

Source: Reuters

The Dow Jones industrial average and S&P 500 ended at record highs on Monday, helped by a rally in Apple as well as tepid economic data suggesting the Federal Reserve may wait to raise interest rates.

May 19, 2015 Euro Slumps After Official Says ECB Will Front-Load Stimulus

Source: Wall Street Journal

The euro slumped against the U.S. dollar and European stocks and bonds surged Tuesday on the prospect of greater-than-expected stimulus from the European Central Bank in May and June.

May 19, 2015 Breaking News: Semi-annual Changes to the NASDAQ OMX CRD Global Sustainability Index

Source: CRD Analytics

The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), and CRD Analytics today announced the results of the semi-annual re-ranking of the NASDAQ OMX CRD Global Sustainability Index (NASDAQ:QCRD), which will become effective prior to market...[more]

May 19, 2015 Futures gain after Dow, S&P 500 close at record highs

Source: USA Today

U.S. stock futures were higher Tuesday after the Dow Jones industrial average and the Standard & Poor’s 500 index ended at record highs.

May 19, 2015 Goldman Sachs Is Concerned Its Trade Secrets Walked Out the Door

Source: Bloomberg

The New York Federal Reserve’s lead supervisor of Goldman Sachs Group Inc. has quit for a job advising other financial firms, triggering concerns within the Wall Street bank that some of its business secrets might not stay so...

May 18, 2015 Wall Street Investment Firms Promote Socially Responsible Investing

Source: Just Means

Impact investing represents a growing segment where the investors back businesses that combine both financial and social returns. The number of investment funds that incorporate environmental, social and governance (ESG) factors...

May 18, 2015 Fed's Evans: Not Appropriate To Start Raising Rate Until Early 2016

Source: RTT News

Federal Reserve Bank of Chicago President Charles Evans said it will not be appropriate to start raising the fed funds rate until sometime in early 2016.

May 18, 2015 U.S. Gasoline Prices Climb to Highest Level Since November

Source: Bloomberg

The average price of regular gasoline at U.S. pumps rose 21.75 cents to $2.7973 a gallon in the three weeks ended May 15, according to Lundberg Survey Inc., a Camarillo, California-based company that bases its prices on...

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