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October 24, 2014 Fed to Stress-Test Banks for Dire Stock, Housing Scenarios

Source: Bloomberg

The Federal Reserve said it will scrutinize how 31 large U.S. banks, including JPMorgan Chase & Co. and Citigroup Inc., would respond to a plunge in equity and housing prices and a sharp downturn in the global economy.

October 24, 2014 Gauge of US economy posts solid 0.8 percent gain

Sentinel & Enterprise - Welcome to your discussion forum: Sign in with a Disqus account or your îsocialî networking account for your comment to be posted immediately, provided it meets the guidelines. (READ HOW.)...

October 24, 2014 European Markets Show Signs of Stress--Update

NASDAQ - By midmorning, the îStoxxî Europe 600 was trading 0.3% lower, mirroring declines on most major country indexes, after a three-session winning streak. Sunday, scorecards for around 150 lenders are scheduled to...

October 24, 2014 Dow rises 217 points as U.S. stocks notch solid gains

Source: MarketWatch

U.S. stocks came off their session highs on Thursday, but the main benchmarks still closed with solid gains. Thursday’s positive momentum was fueled by upbeat eurozone data and better-than-expected earnings results.

October 23, 2014 The Fed’s (Not So) New Role: Champion of the Working Class

Source: The Fiscal Times

Last week, Federal Reserve Chair Janet Yellen publicly picked up the income inequality banner that President Obama’s administration has largely dropped in the face of multiple global crises, including the situation in Ukraine,...

October 22, 2014 Coca-Cola Profit Down: Sales Under Pressure

Source: Wall Street OTC

Lower US sales caused McDonald’s earnings to fall 30%, while Coca-Cola’s fell 14%. McDonald’s US sales have been under pressure as consumers switch to other chains, notably the fast-growing Chipotle Mexican Grill. Sales also fell...

October 22, 2014 SRI in Latin America: Early Stages

Source: Just Means

The financial world of socially responsible investing (SRI) is gaining support in Latin America. Governments, banks and investors are beginning to understand the importance of shifting assets into activities which support the...

October 22, 2014 France does the splits on EU economic governance

Source: Reuters

France has long called for a European economic government to harmonise the bloc's policies, but it is baulking now at that governance being applied to its own fiscal indiscipline.

October 22, 2014 U.S. stocks jump; Nasdaq enjoys best day in 21 months

Source: MarketWatch

.S. equity investors bid up prices on Tuesday, delivering another day of gains for major indexes on the heels of upbeat quarterly results from tech giant Apple and talk of economic stimulus in Europe. By far the best performer,...

October 21, 2014 Anyone Expecting a Rebound in Chinese Growth Won’t Like the New GDP Figures

Source: Time

Those who remain hopeful about the future of the Chinese economy got some extra evidence to bolster their case today. On Tuesday, the government announced that GDP in the third quarter rose by a slightly better-than-expected 7.3%.

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