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News & Updates
The Standard & Poor’s 500 (SPX) Index rebounded from the worst weekly loss in two years, weathering a selloff in the final hour, after retail sales rose the most since 2012 and Citigroup Inc. (C:US)’s earnings unexpectedly rose....
April 15, 2014 Bitcoin promoter Shrem indicted in NY for money launderingSource: Reuters
NEW YORK - Prominent bitcoin entrepreneur Charlie Shrem has been indicted by a federal grand jury in New York on charges of funneling cash to the illicit online marketplace Silk Road.
Source: Detroit Free Press
The City of Detroit and groups representing city retirees could announce as soon as today that they have agreed to a deal on pension cuts, which could pave the way for a resolution to the largest municipal bankruptcy in U.S....
April 15, 2014 Asian Stocks Mixed As Traders Brace For China DataSource: Nasdaq
Asian stocks ended mostly higher on Tuesday after U.S. stocks rebounded overnight on the back of an encouraging retail sales report. While signs of recovery in the world's largest economy aided sentiment, gains were tempered by...
Source: Money Management
Socially responsible investing is more complex than simply distinguishing ‘good’ companies from ‘bad’ companies, writes Bruce Smith. Over the past couple of decades there has been a clear and growing movement towards the...
April 14, 2014 High-Frequency Traders Get Curbs as EU Reins In Flash BoysSource: Bloomberg
European Union lawmakers are poised to approve some of the toughest restrictions in the world on high-frequency trading, the first crackdown in the aftermath of Michael Lewis’s latest book, “Flash Boys.” The curbs are part of...
Output at the euro zone's factories rose broadly in line with expectations in February, driven by production of intermediate and non-durable goods, suggesting the bloc's recovery is gradually strengthening, EU data showed on...
Source: PR Web
Equilar, the leader in executive compensation benchmarking and governance research, today announced the publication of the Equilar 100 CEO Pay Study in The New York Times. This study examines CEO pay at the 100 largest U.S....
April 14, 2014 A look at your chances of getting audited by IRSSource: Washington Post
The Internal Revenue Service audited less than 1 percent of the income tax returns filed last year. But your odds of getting audited vary greatly, depending on income
April 12, 2014 S&P 500 Has Worst Week Since January on Valuation ConcernSource: Bloomberg
The Standard & Poor’s 500 Index and Nasdaq Composite Index capped their worst week since 2012, with stocks most beloved by hedge funds plunging amid concern valuations have climbed too high as earnings season starts.
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