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News & Updates
February 17, 2015 Markets From Stocks to Debt to Euro Show Little PanicSource: Bloomberg
The euro strengthened, Treasuries pared gains and the yen weakened as markets showed little panic after talks between Greece and its creditors broke down. While European stocks fell, the drop was only the biggest in a week, and...
February 17, 2015 New public pension accounting rules raise red flags -FitchSource: Reuters
New accounting rules for public pensions are exposing the damage done by U.S. states, including New Jersey, that have failed to adequately fund their retirement systems, according to a report to be released by Fitch Ratings on...
February 17, 2015 U.K. Inflation Slows More Than Forecast to Record-Low 0.3%Source: Bloomberg Business
Britain’s inflation rate fell more than economists forecast in January, dropping to record low as food and fuel prices plunged.
February 16, 2015 Europe is a mess. Should Americans buy now'
Big News Network - "We think corporate margins and earnings growth is peaking in the U.S." A European market rebound is already underway. The îSTOXXî Europe 50 Index is up over 9% this year and the... > 2553
February 16, 2015 Hackers global banking heist yielded perhaps $1 billionSource: USA Today
An international hacking ring has stolen as much as $1 billion from more than 100 banks in 30 countries including Russia, the U.S. and China in what could be one of the biggest banking breaches ever.
February 16, 2015 Oil steadies around $61, Kuwait sees prices supportedSource: CNBC
Oil steadied around $61 (£39.5) a barrel on Monday, holding gains from last week, after Kuwait's oil minister said lower supply levels would support prices in the second half of the year.
February 16, 2015 Greece, confident as EU meeting looms, sticks to no-austerity pledgeSource: Reuters
Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.
February 13, 2015 How risky is your bond fund? Three testsSource: NY Times
You buy a bond fund because you want something that throws off some interest and diversifies your portfolio. But how risky is it?
February 13, 2015 Greek shares surge on hopes for debt deal with eurozoneSource: Washington Post
BRUSSELS — Greek stocks are up strongly amid hopes that the new government is inching its way to a debt compromise deal with its creditors in the 19-country eurozone. The main stock market in Athens is up around 6 percent in...
February 13, 2015 Euro zone growth beats as Germany storms aheadSource: CNBC
The euro zone's gross domestic product (GDP) expanded more than expected in the fourth quarter of 2014, boosted by an acceleration in Germany's growth.
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