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News & Updates

July 17, 2014 U.S. Treasury urges Congress to act on corporate tax dodge deals

Source: Reuters

Calling for a new sense of "economic patriotism," U.S. Treasury Secretary Jacob Lew urged Congress on Wednesday to take steps quickly to discourage U.S. companies from moving their tax domiciles abroad to avoid federal...

July 16, 2014 Yellen Tempers Economic Expectations, Promises Fed Support In Congressional Testimony

Source: Forbes

In her semi-annual testimony before the Senate Banking, Housing and Urban Affairs Committee Tuesday, Federal Reserve Chair Janet Yellen drew a somber portrait of current economic conditions. While she pointed to many...

July 16, 2014 China growth picks up as stimulus kicks in, more support may be needed

Source: Reuters

China's economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing will likely need to offer more support to meet its annual growth target as the property...

July 15, 2014 SEC Clamps Down On XBRL Filing Holdouts

Source: Information Week

The Securities and Exchange Commission is clamping down on public companies that fail to submit their financial disclosure statements as structured data, agency officials said. The SEC's Division of Corporation Finance sent...

July 15, 2014 A Guide to Yellen Testimony: No Rush to Tighten

Source: BusinessWeek- Bloomberg

Here’s what to look for when Federal Reserve Chair Janet Yellen testifies before the Senate Banking Committee at 10 a.m. today and before the House Financial Services Committee tomorrow.

July 14, 2014 What Companies Don't Want You to Know About the Millions They Spend

Source: The Motley Fool

It's long been said that lobbying is the second oldest profession in the world. Certainly, corporate influence over the political process is nothing new. That said, corporate political spending and lobbying may never have...

July 14, 2014 How a Raid in Benghazi Helped Shape Citigroup’s $7 Billion Settlement

Source: NY Times

The stage was set for another public shaming of a Wall Street bank. The Justice Department flew in a lead prosecutor from Colorado and planned for a news conference in Washington to announce a lawsuit against Citigroup over...

July 14, 2014 New ESG Tool For Advisors

Source: Financial Adviser

As investment strategies based on environmental, social and governance (ESG) factors have morphed from the fringe to the mainstream, several entities have created indexes and other metrics to help investors incorporate those...

July 14, 2014 Why Europe May Gain the Edge for Investors

Source: NY Times

At first glance, the case for investing in Europe isn’t all that compelling. After suffering through the longest recession in a generation, Europe’s economy is barely treading water. Growth is so sluggish there, in fact, that the...

July 14, 2014 Goldman Stays Gold Bear as Bullish Wagers Increase: Commodities

Source: Bloomberg

Goldman Sachs Group Inc.’s Jeffrey Currie isn’t backing down from his bearish call on gold. As bullion’s 11 percent rally this year beats gains for equities, commodities and Treasuries, he’s sticking with the view that the metal...

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