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News & Updates

November 13, 2014 Cities still struggling to recover after recession

Salt Lake Tribune - While the recovery hasnât been robust for local governments, most have handled the recessionâs challenges, said Amy Laskey, managing director for U.S. public finance at îFitch Ratingsî...

November 13, 2014 European Shares Fall, Pound Down

Wall Street Journal - It stopped short, however, of supplying a concrete timetable for such a move. By early afternoon, the îStoxxî Europe 600 was down 1.1%. Germanyâs DAX was down 1.5% while Franceâs CAC...

November 12, 2014 Why Income Inequality Is a Growing Threat

Wall St. Cheat Sheet - Income inequality is the top threat facing the world in 2015, according to experts from the World Economic Forum. Along with increasing joblessness, global pollution, and severe weather events, inequality...

November 12, 2014 Fed now committed to data-dependent interest rate hikes: Plosser

Source: Reuters

The Federal Reserve's latest statement shows policymakers are committed to tying higher interest rates to economic data, not calendar dates, a top U.S. central banker said on Wednesday.

November 12, 2014 10 Troubling Trends For The Global Economy

The Business Insider - The îWorld Economic Forumî (WEF) has ranked the top 10 threats to the global economy and international order in its latest outlook report released Friday. The WEF labels them "trends", however,...

November 12, 2014 More Transparency, More Pay for C.E.O.s

Deal Book - Many of the îconsultantsî, like Towers Watson, îMercerî and Aon Hewitt, offered multiple services in addition to îconsultingî on compensation. As a result, the S.E.C. theorized that...

November 12, 2014 Silent Generation Wins Life Lottery as Richest U.S. Age Group

Source: Bloomberg

The median net worth for the oldest Americans has climbed to near the top compared with other age groups from near the bottom just two decades ago, based on the Federal Reserve’s Survey of Consumer Finances. This shift in buying...

November 12, 2014 Another Euro Crisis Could Derail Stocks

Seeking Alpha - When the Eurozone crisis was full blown in 2011 the percentage of stocks in the Euro îStoxxî 50 Index hitting 52-week lows surged to nearly 80% and kicked off a brutal bear market and a two-year...

November 12, 2014 S&P 500 at Record as Yen Slips to 7-Year Low; Brent Sinks

Source: BlombergBusinessWeek

U.S. stock indexes held at record highs as the yen slipped to a seven-year low versus the dollar, while Brent crude oil sank to its lowest level since 2010. European stocks rose amid better-than-estimated earnings.

November 12, 2014 As Currency Settlement Draws Near, Barclays Is Said to Get Cold Feet

Source: NY Times

On the eve of a multibillion-dollar settlement with six giant banks suspected of manipulating the foreign currency market, regulators in Washington and Britain have encountered a last-second complication: One of the banks may...

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