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News & Updates
There are serious concerns about the long-term sustainability of Greek debt, a document prepared by the euro zone's bailout fund showed on Monday, as finance ministers started a discussion how to make Greece's debt servicing...
Source: USA Today
The journalism organization behind the Panama Papers made available to the public for the first time Monday a massive database covering more than 360,000 people and companies that have used off-shore accounts to hide assets,...
Minneapolis Federal Reserve Bank President Neel Kashkari on Monday signalled his support for the cautious and patient approach to rate hikes laid out by Fed Chair Janet Yellen, saying the current stance of monetary policy is...
May 9, 2016 Gas prices climb to six-month high, AAA reportsSource: SouthMdNews
Gas prices Monday were at their highest levels in more than six months, and the national average has remained above $2 per gallon for 40 consecutive days.
There’s a letter to world leaders from a group of leading economists which insists that tax havens serve no useful economic purpose and thus everything should be done to close such tax havens down
If state and local governments had to fund using corporate pension rules, their contributions wouldn’t be 4 percent of total government budgets but over 20 percent.
May 9, 2016 Executive pay ‘rubber stamping’ rifeSource: Financial Times
According to several non-profit groups, and a handful of outspoken fund managers, shareholders are fundamentally unable to rein in excessive pay at the biggest companies.
Source: Wall Street Journal
RIYADH—Saudi Arabia forged ahead a far-reaching government shake-up this weekend, adding to a barrage of proposals aimed at overhauling the economy and convincing legions of young people that change is coming to the conservative...
China’s stocks capped their biggest two-day loss since late February, led by commodity producers and industrial companies, as trade data disappointed and the People’s Daily warned about the country’s rising debt in a front-page...
May 9, 2016 Federal Reserve Uneasy about Economic Outlook
hawaiireporter.com - for the U.S. economy in 2011, but deferred taking any new steps to boost the recovery amidst intense internal debate about what to do next. Fed officials signaled at the end of their one-day policy meeting...
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