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News & Updates

May 24, 2016 There's no reason to avoid energy stocks, experts say - text/video

Source: CNBC

One sector that's taken a serious beating lately is energy. It seems there's big concern from investors each time there's a drop in the price of oil. Many believe they should just stay away from energy companies.

May 24, 2016 Bayer defies critics with $62 billion Monsanto offer

Source: Reuters

German drugs and crop chemicals group Bayer AG has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies...

May 24, 2016 Billions in U.S. taxes may go unreported, study finds

Source: Washington Post

The Internal Revenue Service has been so slow to adapt to the emerging peer-to-peer economy that billions of dollars in taxable income a year are probably going unreported, according to a study being delivered to Congress this...

May 24, 2016 GLOBAL MARKETS-Shares climb as markets play Fed waiting game

Source: Reuters

Oil prices fell for a fifth consecutive day on Tuesday and financial markets were volatile as investors wait to see whether U.S. interest rates will be raised next month.

May 24, 2016 Pandemic Insurance: World Bank launches financing mechanism

Source: OutBreak News

The World Bank Group today launched the Pandemic Emergency Financing Facility (PEF), an innovative, fast-disbursing global financing mechanism designed to protect the world against deadly pandemics, which will create the...

May 23, 2016 Amusingly, China Says That The Steel Problems Are Of America's Own Making

Source: Forbes

Some will see this as adding insult to injury but there is more than a grain of truth to this point. China is saying that the problems in the US steel industry stem not from China’s current actions but from America’s past...

May 23, 2016 Will Millennials Just Uber Their Life?

Source: Forbes

The car industry has been holding its breath because of the growing number of Millennials who are not purchasing vehicles. Instead of spending their money on buying a car, they have chosen public transportation and been dubbed,...

May 23, 2016 Road To Rio: Zika Won't Prevent Olympic Dreams, But The Virus Could Eventually Spur An Economic Nightmare - text/video

Source: International Business Times

The economic damage from Zika will not be limited to people who opt not to travel to Brazil for the Olympics, or who cancel those plans even after they’re made, Carter added. It could also stunt tourism afterward, as a result of...

May 23, 2016 Energy Expert Says Oil Prices Won't Top $100 a Barrel

Source: ABC News

Following a stunning decline, oil prices have clawed back near the $50 level this year. Production boomed in the U.S. but is now slumping. Globally, OPEC is in disarray and major producers can't agree on steps to boost prices.

May 23, 2016 Why you might be seriously underestimating the result of the 'Brexit' referendum

Source: CNBC

With a month to go until a referendum on the U.K.'s membership of the European Union (EU), analysts at Citi have warned against viewing the result as being "strictly binary" one way or another.

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