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News & Updates

April 1, 2014 Should you ditch funds that hold on to their cash'

Yahoo Finance UK and Ireland - âGiven the Isa rule changes, savers can now put a portion of their overall portfolio into a cash Isa and get a much ... âexpensiveâ shares for the sake of it. âIt is part of...

April 1, 2014 European Stocks Rise on China Data, Dovish Fed Comments

Inside Fidelity - European stocks climbed Tuesday, buoyed by signs of stabilization in Chinese manufacturing activity and a reassurance from U.S. Federal Reserve Chairwoman ... remained unsure whether the European Central Bank...

April 1, 2014 'Social Finance': Doing Good by Doing Well

Source: Bloomberg/BusinessWeek

Americans celebrate innovation, a term that the dictionary says stems from the Latin verb innovare—to “make new.” We all sense that a wave of innovations—mobile internet, robots, artificial intelligence, driverless cars—will...

April 1, 2014 Senator says manufacturing giant Caterpillar uses offshore haven to avoid billions in US taxes

Source: US News

Executives from manufacturing giant Caterpillar Inc. are heading to Capitol Hill to explain what one senator calls an aggressive strategy to avoid paying billions of dollars in U.S. taxes. Caterpillar has avoided paying $2.4...

April 1, 2014 How You, I, and Everyone Got the Top 1 Percent All Wrong

Source: The Atlantic

For years, I've been making the same embarrassing mistake about U.S. economic inequality. Sorry. I've written, over and over, that the most important divide in our wealth disparity was between the 1 percent and the 99 percent....

April 1, 2014 Wall Street rises on Yellen's view; S&P scores modest first quarter gain

Source: Reuters

U.S. stocks rose on Monday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve Chair Janet Yellen relieved concerns about a rate hike coming earlier than expected.

April 1, 2014 NY Federal Atty Rejects Corporate Doomsday Cries

Source: ABC News

Manhattan's top federal prosecutor says corporate America — especially financial institutions — will do almost anything to avoid a tough enforcement action, but their doomsday claims are sounding more like a "Chicken Little"...

April 1, 2014 As market talks high-frequency trading, SEC chief focuses on insider trading

Source: MarketWatch

The market is talking about the “60 Minutes” piece on Michael Lewis’s allegations that the market is rigged due to high-frequency trading. Speaking before an audience of Wall Street compliance pros, Securities and Exchange...

March 31, 2014 China, Germany to push for open world economy

æ°åç½ - The two sides also emphasized their support for the îWorld Trade Organizationî (WTO), agreeing that it provides a stable legal framework for global free trade. Meanwhile, the two...

March 31, 2014 Swiss competition watchdog opens probe into forex manipulation

Source: Reuters

Switzerland's competition commission WEKO said on Monday it had opened an investigation into several Swiss, British and U.S. banks over potential collusion to manipulate foreign exchange rates. WEKO said it is investigating UBS,...

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