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News & Updates
February 14, 2017 America’s Biggest Creditors Dump Treasuries in Warning to TrumpSource: Bloomberg
In the age of Trump, America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government.
February 14, 2017 Apple hits record high but leaves some investors in dustSource: Reuters
Apple (AAPL.O) shares cruised to a record-high close Monday, helping catapult the S&P 500 stock index over the $20 trillion mark in what amounts to a victory for plain-vanilla mutual funds over a bevy of hedge fund managers who...
February 14, 2017 Steven Mnuchin Is Confirmed as Treasury SecretarySource: NY Times
WASHINGTON — The Senate confirmed Steven T. Mnuchin, a former Goldman Sachs banker and Hollywood film financier, to be Treasury secretary on Monday, putting in place a key lieutenant to President Trump who will help drive the...
February 14, 2017 Oil rises as OPEC-led output cuts trim oversupplySource: Reuters
Oil strengthened slightly on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them so far this year.
February 14, 2017 S&P 500 tops $20 trillion as Wall Street trades on TrumpSource: Reuters
U.S. equity indexes hit record highs on Monday, with the benchmark S&P 500's market value topping $20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.
Source: USA Today
Speaking with Bill Gates is like reading multiple Wikipedia entries. Ask a question, and you typically get a slight pause before he delivers a thoughtful paragraph or three of an answer that, in the age of Twitter haikus, is...
February 14, 2017 Can you do well as an investor and still do good?Source: MarketWatch
One of the trendiest — and perhaps least understood — emerging disciplines in financial markets right now is “impact investing.” This is the allocation of capital to generate a positive financial return in addition to creating...
February 14, 2017 What will Yellen say about Trump’s economic plans?Source: CBS News
This week, it will be Federal Reserve Chair Janet Yellen’s turn to weigh in -- if she chooses to -- on how the economy could fare in the early months of Trump’s administration.
February 14, 2017 Brexit Bulletin: Can Britain Split the Difference?Source: Bloomberg
The U.K. may need to drive a wedge between EU states in Brexit talks. So far the Continent is singing with one voice.
February 14, 2017 Credit Suisse to cut up to 6,500 jobs in 2017Source: Reuters
Credit Suisse is to cut up to 6,500 jobs this year after reporting a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016, and said it was examining alternatives to a planned stock market listing of its Swiss business.
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