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News & Updates

March 13, 2015 US household wealth touches record high: Nearly $83 trillion

Source: Bellingham Herald

WASHINGTON — Fueled by higher stock and home values, Americans' net worth reached a record high in the final three months of 2014. Household wealth rose 1.9 percent during the October-December quarter to nearly $83 trillion, the...

March 13, 2015 Bonds Drop as Dollar Holds Loss to Euro Before U.S. Data

Source: Bloomberg

European bonds fell with Treasuries and the dollar held yesterday’s loss versus the euro before U.S. sentiment and producer price data. Most European stocks rose with gold.

March 13, 2015 Higher financial stocks in wake of stress test push U.S. markets higher (Thur.)

Source: NASDAQ

U.S. markets moved broadly higher on Thursday to rebound from an early-week drubbing after the euro placed a temporary halt on its downward shift toward parity. Stocks on the Dow Jones Industrial Average gained more than 1.25%,...

March 13, 2015 Wind Power Without U.S. Subsidy to Become Cheaper Than Gas

Source: Bloomberg

Wind power will be cheaper than electricity produced from natural gas within a decade, even without a federal tax incentive, according to a U.S. Energy Department analysis.

March 12, 2015 Euro pulls out of dive, stocks edge higher

Source: Reuters

The euro pulled out of its recent dive and the dollar eased off the accelerator pedal on Thursday, as markets took a breather after a week of breakneck moves in the world’s two biggest currencies.

March 11, 2015 Exxon Mobil Corp, Royal Dutch Shell's spending patterns may help them through oil price drop

Economic Times - "Both (Exxon and Shell) had already entered a lower spending phase, with major projects reaching completion and coming on stream over the next two years," îMoody'sî rating company said in a report....

March 11, 2015 10 things you need to know in markets today

Source: Business Insider

The euro broke to a another new 12-year low. The euro sank even further against the dollar, breaking below $1.07 for the first time in more than a decade. Less than a week ago the euro was at $1.10, and about 12 months ago it was...

March 11, 2015 The Dollar Is On a Tear - text/video

Source: Bloomberg

The U.S. dollar has been on a big uptrend, and the march higher continued on Tuesday

March 11, 2015 These are the 25 most economically powerful cities in the world

Source: Business Insider

There's fierce competition among the world's most powerful and influential cities, and there are a lot of questions: Are the megacities cropping up in the developing world displacing the western world's hubs? Does London or New...

March 11, 2015 Asian Stocks Drop as China Factory Production Misses Estimates

Source: Bloomberg

Asian stocks fell after Chinese industrial output data showed the slowest start to a year since 2009 and amid speculation the Federal Reserve is moving closer to raising interest rates.

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