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News & Updates
Yahoo News - KIEV/BALACLAVA, Ukraine (Reuters ... he had the right to invade his neighbor, prompting a sell-off in Russian assets. Ukraine mobilized for war on Sunday and Washington threatened to isolate Russia economically after...
March 3, 2014 85 Individuals own as much as the poorest half of Globe
The Real Truth - Just 85 people have as much wealth as the poorest half of the worldâs population combined, according to a report by Oxfam International. The report was revealed ahead of the îWorld Economic...
March 3, 2014 S&P 500 Extends Record Run
The Wall Street Journal - NEW YORKâU.S. stocks ended mostly higher Friday, with the S&P 500 closing out the best monthly performance since October at a record high. The S&P 500 rose 5.16 points, or 0.3%, to 1859.45,...
March 3, 2014 China Manufacturing Declines, But Trade Takes Bigger HitSource: Forbes
For the most positive Chinese investor, China remains slow and steady. For the bears, China is just too slow and not worth the risk. Over the weekend, the National Bureau of Statistics reported that China’s manufacturing PMI...
March 3, 2014 Buffett speaks: Highlights from his annual letterSource: Washington Post
OMAHA, Neb. — Investors eagerly await Warren Buffett’s letter to Berkshire Hathaway Inc. shareholders each year for its plain-spoken insight into the billionaire’s financial strategy and economic predictions. Buffett had plenty...
NBC News - LONDON (Reuters) - World shares struggled to stay above water on Wednesday as concerns over opaque policy moves in China kept investors on edge amid a scarcity of major economic data. Chinese share markets and the yuan...
February 28, 2014 Stocks: Can S&P push on to new highs?Source: CNN Money
Will U.S. stocks hit another record high Friday? That is likely to depend on updates about the state of the U.S. economy. Investors are waiting for the government's second estimate of fourth quarter GDP due at 8:30 a.m. ET. Any...
February 28, 2014 The Chinese Step Back while the Safe Haven Bid for Gold Rises
Forex Street - The softer tone and the apparent readiness of the Fed to slow the pace of tapering have boosted both the gold prices and stocks. While the January U.S. durable goods ex-transportation rose 1.1%, the weekly initial...
February 28, 2014 Report: Duke Energy paid no federal income taxes from 2008-2012Source: Charlotte Observer
Charlotte-based Duke Energy is among 26 profitable Fortune 500 companies that didn’t pay any federal income taxes from 2008 to 2012, according to a new report on corporate taxes.
February 28, 2014 Fed Waiting for Thaw to Show Economy’s HealthSource: NY Times
WASHINGTON — Janet L. Yellen, the Federal Reserve chairwoman, said on Thursday that the Fed was looking closely at a recent run of disappointing economic data as it considers how quickly to retreat from its economic stimulus...
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