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News & Updates
March 29, 2015 America's shrinking middle class
theet.com - They compare industries and occupations based on their exposure to Chinese offshoring after Chinaâs accession to the îWorld Trade Organizationî in 2001. They find that when exposure is greater, wage...
March 27, 2015 Executive Job Hopping Boosts Pay for Ex-ColleaguesSource: CFO
According to a new study published in Journal of Accounting and Economics, companies “dramatically” raise pay for their remaining executives after losing executives in a job-hopping event, the idea being to discourage others from...
March 27, 2015 Gold price runs into profit-taking and firmer dollar
bulliondesk.com - Equities remained easier with the Euro îStoxxî 50 off 0.4 percent the Dow closed down 0.2 percent, but it had earlier been down 0.7 percent. This morning in Asia markets are mixed with the Nikkei off...
March 27, 2015 Fed market gurus prep rate hike amid last-minute anxietiesSource: Reuters
The New York Federal Reserve officials tasked with prying interest rates off the floor have been meeting with bankers and traders to plot how best to do it, amid deep uncertainty over how much control they will really have over...
March 27, 2015 Diet Coke Loses Position as No. 2 Soda in U.S. to Pepsi-ColaSource: Wall Street Journal
Pepsi-Cola supplanted Diet Coke as the No. 2 soda brand in the U.S. by volume in 2014 as Americans continued to flee diet soft drinks, according to industry data published Thursday.
March 27, 2015 US Isolated as Allies Line up to Join China-Led BankSource: ABC News
U.S. resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies and given some heft to China's frequent complaints that Washington wants to contain its rise as a world power.
March 27, 2015 Google CFO Porat To Get $70 Million In 2 YearsSource: Huff Post
Google Inc said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million in the next two years through a combination of restricted stock units and a biennial grant.
March 27, 2015 Reading the Fine Print in the Heinz-Kraft DealSource: NY Times
The $70 billion combination of Kraft and Heinz is a big, big deal, but it is perhaps most interesting for how the parties have agreed to run the combined company.
March 26, 2015 The Fed Still Needs to Figure Out How to Raise RatesSource: Bloomberg
For all the talk about when Federal Reserve policy makers are going to raise interest rates, they haven’t quite figured out how to do it.
March 26, 2015 EPA Grilled At Supreme Court Over Refusal To Consider CostsSource: Forbes
The Environmental Protection Agency got a skeptical reception at the U.S. Supreme Court over its refusal to consider costs when it imposed new pollution controls on electric power plants, as conservative justices asked whether it...
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