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June 17, 2016 Fed's warning: Economic hurdles to persist

Source: USA Today

The Federal Reserve made a stark concession this week: The economy is likely to grow at a listless pace for the foreseeable future.

June 17, 2016 With European Banks On The Ropes, KBW Sees Brexit Pressures For Goldman Sachs And JPMorgan

Source: Forbes

This pain is also being felt by U.S. megabanks, but in a less severe manner, casting a pall over the earnings outlook of Wall Street heavyweights such as Goldman Sachs Group GS and JPMorgan Chase JPM.

June 17, 2016 Everything You Need to Know About Brexit and the UK Referendum

ABC News - If we leave the economic area and get [World Trade Organization] type agreements instead, that is the most damaging economically. We will see a decrease in trade and foreign direct investments. That means lower GDP,...

June 17, 2016 Global stocks rebound as Britain's vote campaign put on hold

Source: SF Gate

LONDON— Global stocks and the pound rose Friday after gains on Wall Street and as Britain's frenzied debate on whether to leave the European Union was put on hold for a second day following the killing of a member of parliament.

June 17, 2016 Help Wanted: Wall Street Restructuring Experts - video

Bloomberg With distressed industries at six-year highs, Wall Street firms are facing difficulties in finding experienced restructuring professions to tackle the booming business. Bloomberg's Jodi Xu Klein reports on "Bloomberg...

June 17, 2016 Global Wind Day: Amazing Facts About Wind Energy

Nature World News - Wind energy is homegrown The Union of Concerned Scientists notes that a typical wind turbine (750 kW) provides enough power for 328 typical (non-electric heating) homes. That means one wind turbine can be...

June 17, 2016 Caroline Baum: Have businesses really run out of people to hire?

Source: Stock Transcript

Throughout the seven-year old U.S. expansion, as the unemployment rate tumbled from a peak of 10% in 2009 to a low of 4.7% last month, policy makers have been focused on the slack in the labor market. Yes, slack.

June 16, 2016 The Latest: German FM says British exit would shake EU

Source: Washington Post

Germany’s foreign minister says the European Union would be shaken by a British vote to leave and would have to ensure that it didn’t ultimately lead toward the bloc’s disintegration.

June 16, 2016 Disney's China fairytale begins with $5.5 billion park opening

Source: Reuters

Walt Disney Co has opened the gates to its first theme park in China, prompting a rush from thousands of gathered Mickey Mouse enthusiasts to be the first to storm Treasure Cove, ride the Roaring Rapids or visit Disney's tallest...

June 16, 2016 Employee of Panama Papers Law Firm, Mossack Fonseca, Is Arrested in Switzerland

Source: NY Times

An employee of the law firm at the center of the leaks of the Panama Papers, which have revealed offshore wealth held in secretive accounts worldwide, has been arrested here on charges of data theft, one of the employee’s...

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