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News & Updates
May 14, 2013 NY pension fund nets 10.38% return
Star-Gazette - The governments have struggled with growing pension costs amid the decline on Wall Street. âThe îNew York State Common Retirement Fundî has reached a milestone,â DiNapoli said in a...
Source: Washington Post
Shareholders of Gannett last week approved an $8.45 million pay package for the company’s chief executive. The McLean-based media company, which owns USA Today, is one of the latest in a string of local firms to receive...
May 14, 2013 EU seeks to unleash crackdown on tax evasionSource: AFP
BRUSSELS — European finance ministers on Tuesday bid to unlock a trillion-euro annual crackdown on tax evasion, under pressure from EU leaders looking for new measures to boost job creation and growth at their Brussels summit...
May 13, 2013 State Street investigated for alleged overcharging
Irish Independent - STATE Street is being investigated over allegations that it overcharged the National Pension Reserve Fund on services it carried out for it. London's new City regulation watchdog, the FCA, is carrying out an...
May 13, 2013 Why Ben Bernanke Still Worries About Wall StreetSource: Bloombeerg BusinessWeek
The bulls are running on Wall Street, but the chief of America’s central bank worries that the market remains dangerously fragile. Federal Reserve Chairman Ben Bernanke explained why on Friday, May 10, in a speech in Chicago at...
May 13, 2013 Oil Falls Below $96 as Dollar StrengthensSource: ABC News
Oil prices fell Monday as the dollar strengthened against the yen and other major currencies. Benchmark oil for June delivery was down 83 cents to $95.21 per barrel at midday Bangkok time in electronic trading on the New York...
Source: Chronicle of Higher Education
These data show the compensation received in the 2012 fiscal year by 212 chief executives at 191 public universities and systems in the United States. Fiscal years typically run from July 1 to June 30 but can vary by institution....
May 13, 2013 ECB's Visco: Deposit Rates Could Go Below ZeroSource: CNBC
European Central Bank governing council member Ignazio Visco told CNBC that the central bank is "technically prepared" to introduce negative deposit rates which would see banks effectively having to pay the ECB to hold deposits,...
Source: Think Progress
The House Financial Services Committee advanced a package of bills Tuesday that would weaken major regulations included in the 2010 Dodd-Frank Wall Street Reform Act, doing so over the objections of the Obama Administration with...
May 10, 2013 American CEO Pay vs Worker PaySource: Tri-State Public Radio
In the last 30 years, CEOs have gone from being well-paid (more than 40 times the pay of everyday workers) to being ridiculously enriched. CEO compensation now averages hundreds of times the pay of regular working people.
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