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News & Updates
October 17, 2014 Data shows U.S. economy's pulse is still strong - text/videoSource: Reuters
The number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September, positive signals that helped ease fears over the economic outlook.
October 17, 2014 Shale Boom Helping American Consumers Like Never BeforeSource: Bloomberg
Oil traders might see the 27 percent slide in global prices as a bear market. For U.S. consumers, it’s more like an early holiday gift. The drop in crude has pulled retail gasoline down more than 50 cents a gallon from the year’s...
October 17, 2014 Bank of England chief economist says interest rates likely to stay low until after mid-2015Source: Fox Business
LONDON – The Bank of England's chief economist is signaling that interest rates could remain at record lows for longer than he predicted even three months ago.
October 16, 2014 Citigroup Sees $1.1 Trillion Stimulus From Oil PlungeSource: Bloomberg
The lowest oil price in four years will provide stimulus of as much as $1.1 trillion to global economies by lowering the cost of fuels and other commodities, according to Citigroup Inc.
October 16, 2014 World Economy Gives Investors Growth Scare as They Look to U.S.Source: Bloomberg
The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it’s running out of engines.
Despite significant upset in financial markets, Federal Reserve officials believe growth is progressing. According to the Fed's "Beige Book" of economic conditions, officials there see the economy moving at a modest-to-moderate...
October 16, 2014 Best Stocks for Socially Responsible InvestorsSource: MSN.com
Today, socially responsible investing is largely dedicated to investing for the greater good of humankind and the planet, which means focusing on companies that have pledged to work toward those goals as part of their culture. By...
October 16, 2014 The Economist Who Won The Nobel Prize Figured Out Why CEOs Get Such Gigantic BonusesSource: Business Insider
Why are CEOs paid so well? In part, because they constantly have the opportunity to renegotiate their contracts, which are often heavy on the stock-based bonuses.
October 16, 2014 Fitch Puts EU Rescue Fund on Watch for Possible Downgrade
Money News - îFitch ratingsî agency on Wednesday put the EU's 500-billion-euro bailout fund on review for a possible downgrade, triggered by concerns over France's battle to tame a ballooning budget deficit. The...
October 10, 2014 PepsiCo profit sizzles, boosts outlook for year; shares riseSource: Reuters
PepsiCo Inc (PEP.N) raised its full-year earnings forecast and said snack sales helped its quarterly profit beat expectations, sending its shares up more than 1 percent in morning trading on Thursday.
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