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News & Updates
March 18, 2015 AmEx to launch cross-brand loyalty program: WSJSource: Reuters
American Express Co (AXP.N) will team up with seven companies, including Macy's Inc (M.N), AT&T Inc (T.N) and Exxon Mobil Corp (XOM.N), to launch a loyalty program this spring, the Wall Street Journal reported.
March 18, 2015 Goldman Sachs Unit Eyes 10% Growth - videoSource: Bloomberg
Bloomberg’s Betty Liu reports on today’s top news stories. She speaks on “In The Loop.”
March 17, 2015 Socially responsible investment strategies come out on topSource: Financial Review
Plunging commodity prices and poor returns from the mining sector have helped the crop of local fund managers that market themselves under "socially responsible" or "ethical" banners beat the returns of their mainstream...
March 17, 2015 How the Dow Jones industrial average fared MondaySource: Washington Post
The Dow Jones industrial average rose 228.11 points, or 1.3 percent, to 17,977.42.
March 17, 2015 Draghi: Sustained recovery arriving in EuropeSource: USA Today
FRANKFURT, Germany — A sustained economic recovery is finally arriving in the 19-country eurozone, European Central Bank head Mario Draghi said Monday - a recovery he says must be used to complete the euro currency union and fix...
March 16, 2015 Treasury planning emergency measures to meet debtSource: UPI
WASHINGTON-- The U.S. Treasury is getting ready to once again start maneuvering to keep the federal government from defaulting on its debt, and possibly setting off undesirable financial consequences, the agency said Friday.
March 16, 2015 Euro Moves Ever Closer to Parity Against the DollarSource: WallStreet Journal
The euro briefly hit a fresh 12-year low against the rampant U.S. dollar in early trade on Monday, taking it ever closer to parity with the buck. The euro touched $1.0457 during Asian trading hours before bouncing back slightly...
U.S. stock markets are in the midst of a "'patient' panic" ahead of Wednesday's Federal Reserve statement, when many investors expect a change in the Fed's language that would send the clearest signal yet that a rate hike is...
Oil prices have started to stabilize around $60 a barrel in past weeks and will continue to firm up, while crude demand will grow stronger, an adviser to Saudi Arabia's oil minister said on Sunday.
March 16, 2015 Dollar Falls as Oil Hits 6-Year Low; Europe Stocks ClimbSource: Bloomberg
The dollar slipped and Treasuries rallied before this week’s Federal Reserve meeting, while oil in New York touched its lowest level since 2009 amid increased projections for U.S. output. European stocks rose and Chinese shares...
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