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News & Updates
February 21, 2014 US STOCKS-Wall St rises on factory data; Tesla and Facebook jumpSource: Reuters
U.S. stocks climbed on Thursday after a reading on manufacturing activity hit its highest in nearly four years, while news about Facebook and Tesla drove their shares to record highs. The major indexes swung between slight gains...
February 20, 2014 Weak French and Chinese data knock back European shares
Reuters - The FTSEurofirst 300 index fell 0.6 percent to 1,331.18 points in early session trading, marking its biggest intraday fall since a 1.4 percent decline on February 3. The euro zone's blue-chip Euro îSTOXXî 50...
February 20, 2014 U.S. to Face G-20 Pressure Over TaperingSource: Wall Street Journal
SYDNEY—The world’s largest emerging economies will this weekend urge the U.S. to reconsider the pace of its easy-money exit, fearing a premature wind-down of the Federal Reserve’s bond-buying program could fuel fresh paroxysms in...
February 20, 2014 World economic recovery struggling to gain tractionSource: Reuters
China's vast factory sector contracted again this month and the expected acceleration in euro zone business activity failed to materialize, highlighting the fragile state of a global economy. A survey out of China reinforced...
February 20, 2014 Fed debated how to signal a rate hikeSource: CNN Money
The Federal Reserve has said it will keep interest rates low until unemployment falls to around 6.5%. But now that target is nearing, and officials are further distancing themselves from it.
February 19, 2014 Fed Toughens Rules for Large Foreign BanksSource: ABC NEWS
The Federal Reserve will require the largest foreign banks operating in the United States to hold higher levels of capital reserves to protect against potential loan losses. The stricter regulations the Fed adopted Tuesday are...
February 19, 2014 Outrage Over Wall St. Pay, but Shrugs for Silicon Valley?Source: NY Times
Big paydays on Wall Street often come under laserlike scrutiny, while Silicon Valley gets a pass on its own compensation excesses. Why the double standard? Take Eric Schmidt, the former chief executive and current chairman of...
February 18, 2014 All-Alaska Gas Pipeline Will Spike America's Energy BoomSource: Breitbart.com
America’s energy boom is about to take another huge leap forward as the State of Alaska is on the verge of approving the $50 billion All-Alaskan Gas Pipeline (AAGP). The massive project will transport “stranded” North Slope...
February 18, 2014 How Impact Investing Can Earn Returns, Peace of MindSource: ABC News
As the bull market roared in the 1990s and fortunes were made (and lost in the tech-stock crash of 2000), there came into vogue among some investors a practice known as socially responsible investing, or SRI. This type of...
February 18, 2014 Anything you can do, Icahn do betterSource: The Economist
TIM COOK’S nightmare is over, but John Donahoe’s has just begun. On February 10th Carl Icahn, the godfather of activist shareholders, ended his campaign to get Mr Cook, the boss of Apple, to return some of its $160 billion cash...
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