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News & Updates

January 15, 2015 Bitcoin keeps falling, and worries keep rising

Source: CNBC

Following a 15 percent drop on Tuesday, the price of bitcoin took another hammering on Wednesday, making some traders worry about the stability of the cryptocurrency.

January 15, 2015 U.S. Stocks Fall on Growth Concerns as Retail Sales Drop

Source: Bloomberg

U.S. stocks fell, sending the Standard & Poor’s 500 Index to a fourth straight loss, as a decline in American retail sales and slump in copper prices spurred concern that global growth is slowing.

January 15, 2015 Exclusive: Samsung talks to BlackBerry about $7.5 billion buyout: source

Source: Reuters

Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the...

January 15, 2015 Fed’s Beige Book shows concern over consumer spending and slumping oil

Source: MarketWatch

The Federal Reserve’s business contacts reported some of the same worries about consumer spending and the impact of oil on parts of the U.S. economy as the stock market seems to be reflecting.

January 14, 2015 The Changing Landscape of Socially Responsible Investing: Q&A With an Expert

Source: Main Street

If you've ever bought shares of a mutual fund and silently grimaced at the prospect that it might be investing your money in unsavory ways--how do you feel about investing in Big Tobacco or oil companies or anything else that...

January 14, 2015 Buffett Trapped by Oil Plunge After BNSF Commits to Rail Upgrade

Source: Bloomberg

Warren Buffett joked two years ago about the good fortune of having an oil boom in North Dakota, near the tracks of his BNSF Railway Co. More recently, the gusher has become a mixed blessing.

January 14, 2015 Commodities Slide to 12-Year Low; Stocks Fall, Bonds Rise

Source: Bloomberg

Copper led commodities to a 12-year low, mining companies dragged stocks lower and currencies from raw-materials exporters weakened as concern deepened slowing global growth will curb demand. The yen gained with government bonds.

January 14, 2015 World Bank Lowers Expectations for Global Growth in 2015

Source: NY Times

WASHINGTON — The World Bank, citing stagnation in Europe and Japan and a slowdown in China, downgraded its forecast for the global economy this year. It also reported that world economic growth came in below expectations in 2014.

January 13, 2015 Oil prices plunge again as UAE defends holding production

Source: Reuters

Oil prices have fallen 60 percent from their June 2014 peaks, driven down by rising production, particularly U.S. shale oil, and weaker-than-expected demand in Europe and Asia.

January 13, 2015 Unions intensifying attacks on new emerging free-trade pact

Source: UT San Diego

Just over two decades after lobbying unsuccessfully against the North American Free Trade Agreement, U.S. labor unions are again voicing strong reservations to a proposed major trade-liberalization deal.

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