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News & Updates

August 25, 2014 US gas prices down by 4 cents per gallon, survey says

Source: iStreet Research

US gas prices are down by 4 cents per gallon over the past 2 weeks, while California has experienced 5 cents decrease over the same period.

August 25, 2014 Euro falls, stocks rise on ECB stimulus bet

Yahoo Finance - The euro zone's blue-chip Euro îSTOXXî 50 index was up 1.2 percent to 3,135.38 points after climbing to a three-week high in early deals. Both Germany's DAX (.GDAXI) and France's CAC 40 (.FCHI) gained...

August 24, 2014 S&P 500 Flirts with 2000 Again with a Good Chance to Top It Next Week

Saving Advice - The îStandard and Poorâsî 500 (S&P 500) is once again flirting with the 2,000 point value falling just 12 points short of achieving this highly anticipated milestone on Friday. While it...

August 22, 2014 How Sudden CEO Deaths Help Us Understand Executive Compensation

Source: Bloomberg/BusinessWeek

It’s easy to complain that corporate executives are overpaid. It’s harder to make a rigorous case for the idea: There’s no perfect metric to show how much executives are worth to a company, thus no great way to compare an exec’s...

August 22, 2014 Five top-performing global funds that have justified their fees

FE Trustnet - The fundâs îMSCIî AC World benchmark has gained 71.1 per cent over the ... Rhodes prioritises dividend growth above all else, believing finding companies with îsustainableî policies is...

August 22, 2014 How the last decade created a brutal wealth divide

Source: CBS MarketWatch

A look at the country's financial health finds many ended 2011 in worse shape than they were in 2000, thanks to a nearly 7 percent decline in median household wealth, or a loss of $5,056, the U.S. Census Bureau reported Thursday....

August 22, 2014 Proposal Would Simplify Accounting for Cloud Computing Fees Paid by Customers

Source: CPA Practice Advisor

As part of its simplification initiative, the Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update intended to simplify the accounting for a customer’s fees paid in a cloud computing...

August 22, 2014 S&P 500 sets record close on signs of healthier economy

Source: Reuters

U.S. stocks ended higher on Thursday, with the S&P 500 at a record after a flurry of positive economic data, as investors hoped for signs from an annual meeting of central bankers that interest-rate hikes are not imminent.

August 22, 2014 Could a Carbon Tax Cut Down on Corporate Inversions?

Source: TriplePundit

Marc Hafstead of the nonpartisan think tank Resources for the Future, along with Lawrence Goulder of Stanford University, have come up with an idea that could potentially address two important problems in one broad policy action....

August 21, 2014 Bank of America to Pay $17 Billion in Justice Department Settlement

Source: Wall Street Journal

Bank of America Corp. BAC +0.45% is expected to pay nearly $17 billion to settle U.S. Department of Justice accusations it packaged shoddy mortgages into securities and sold them to investors in the run-up to the financial...

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