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News & Updates
October 2, 2017 Dollar surges as Fed talk boosts Treasury yieldsSource: Reuters
LONDON - The dollar soared as U.S. Treasury yields hit their highest in almost 12 weeks, while Spanish borrowing costs rose and stocks fell as a police crackdown on a unilateral independence vote in Catalonia rattled investors.
October 2, 2017 As Millennials Age Into Investors, Socially Conscious Funds BoomSource: Observers
Millennials are known for a lot of things these days, but one attribute is their desire to live by the values they espouse. Many try to do so by recycling, reducing their carbon footprint and giving to causes they believe in. But...
September 29, 2017 VW's Diesel Woes Reach $30 Billion After Surprise U.S. HitSource: Bloomberg
Volkswagen AG will take a surprise charge of about 2.5 billion euros ($3 billion) as plans to buy back or retrofit tainted U.S. diesel cars proves more complex than expected, bringing total damages from the two-year-old scandal...
September 28, 2017 Exclusive: Republican U.S. tax framework sets 20 percent corporate rateSource: Reuters
WASHINGTON - Republicans in the U.S. Congress and the White House called for slashing tax rates on businesses and the wealthy on Wednesday, as part of a new tax plan that offers few details about how to pay for tax cuts without...
September 28, 2017 Minorities and Americans without college degrees showed greatest gains in wealth since 2013, new data saysSource: Washington Post
Americans who were left behind as the country pulled out of the Great Recession — African Americans, Hispanics and people without college degrees — saw large gains in net worth over the past three years, the Federal Reserve...
September 28, 2017 Wharton Tops 2017 List Of America's Best Business SchoolsSource: Forbes
The Wharton School was the first graduate school of business established in 1881 when iron miner Joseph Wharton donated $100,000 to U Penn to found a “School of Finance and Economy.”
September 28, 2017 Forget old batteries. Here comes the energy storage revolutionSource: Wired
Energy demands from developing countries are going to grow by about 10 per cent between now and 2040, according to the US Energy Information Administration. By that year, they will be using 65 per cent of the world’s total energy...
September 28, 2017 Sonic’s Stock Plunges After Credit Card Hack That Could Affect MillionsSource: Fortune
Drive-in burger chain Sonic has confirmed a credit card-related data breach, which has caused the company's stock to tank.
September 28, 2017 Trump tax plan sends dollar, bond yields higherSource: Reuters
LONDON - The dollar and global borrowing costs rose on Thursday after President Donald Trump proposed the biggest shake-up of the U.S. tax system in three decades and strong data supported the case for another Federal Reserve...
September 28, 2017 Bitcoin blow as fund drops U.S. exchange applicationSource: Reuters
An effort to allow investors to trade digital currencies as easily as stocks in the United States stumbled when the backer of a bitcoin fund said an application to list on an exchange had been withdrawn.
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