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News & Updates
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...
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...
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 HoldoutsSource: 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 TightenSource: 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.
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...
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 AdvisorsSource: 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 InvestorsSource: 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...
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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