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April 10, 2015 European stocks climb to record high

Source: The Independent

The biggest three-day jump since January sent European stocks to an all-time high

April 10, 2015 SPECIAL REPORT-How Wall Street captured Washington's effort to rein in banks

Source: Reuters

In the aftermath of the 2008 financial crisis, Keith Higgins was certain: Banks weren't to blame. Higgins, a top attorney at prominent law firm Ropes & Gray LLP, was chairman of an American Bar Association committee on securities...

April 9, 2015 The bond 'flash crash'? Jamie Dimon says that kind of thing happens 'once in every 3 billion years or so' (JPM)

Source: PressMentor

The yield on the 10-year Treasury note fell by 34 basis points in just a few minutes, plunging from around 2.2% to 1.86%. This was a violent and abrupt move, and regulators are still trying to unpack exactly what happened.

April 9, 2015 CalPERS staff: Don’t sell coal stocks

Source: The Sacramento Bee

CalPERS’ investment staff said Wednesday the big pension fund should hold onto its coal investments, despite proposed legislation by the leader of the state Senate that would pressure CalPERS and CalSTRS to unload their...

April 9, 2015 New minutes show Federal Reserve sticking to a gradual approach on rates

Source: Washington Post

Members of the Federal Reserve’s open market committee were divided at the mid-March meeting over whether to raise interest rates in June or whether to wait a bit longer, but they remained united in their expectations that they...

April 9, 2015 Moody’s upgrades India’s sovereign ratings outlook

Source: Livemint

New Delhi: Rating agency Moody’s Investors Service on Thursday gave a much-needed booster to the Narendra Modi government ahead of the prime minister’s visit to France, Germany and Canada by revising India’s sovereign credit...

April 8, 2015 Shake Harvard free of oil stock

The Boston Globe - Bill McKibben, a graduate of Harvard University, is founder of îthe climate groupî and the Schumann distinguished scholar in environmental studies at Middlebury College. > 2553

April 8, 2015 Gas prices to drop to lowest in six years this summer, agency predicts

Source: LA Times

An ongoing glut of crude oil will give U.S. drivers this summer the lowest seasonal gasoline prices in six years, the government predicts...

April 8, 2015 Saudi Arabia crude output at record high in March

Source: MarketWatch

Saudi Arabia raised its crude output to 10.3 million barrels a day in March, its oil minister Ali al-Naimi said, signalling an unexpected strong demand from its customers

April 8, 2015 The World's Largest Hedge Fund Had a Huge Quarter Betting Against the Euro

Source: Bloomberg

Ray Dalio’s dire view on Europe is paying off. His Bridgewater Associates, the world’s largest hedge fund, climbed about 14 percent this year through March in one of its strategies, according to a person familiar with the matter....

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