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News & Updates

April 14, 2016 U.S. Stocks Climb to Four-Month High After JPMorgan Results

Source: Bloomberg

U.S. stocks extended gains a second day to reach the highest in four months, buoyed by improving Chinese trade data and better-than-expected results from JPMorgan Chase & Co., the biggest U.S. lender by assets

April 14, 2016 Here Come Natural Gas Price Increases

Union of Concerned Scientists - That's bad news for them, and maybe good news for the rest of us. The Union of Concerned Scientists figures there is more to the story. INGAA offers hope for the pipeline business with its forecast...

April 14, 2016 US banks not prepared for another financial crisis, say federal regulators

Source: The Guardian

Some of the US’s biggest banks still lack a proper plan for bankruptcy, in the event of another major financial crisis, US regulators said on Wednesday.

April 14, 2016 Fed survey finds US economy still expanding

Source: Washington Post

The Federal Reserve said Wednesday that the economy kept expanding in late February and March, despite weakness in the energy sector and a slowdown in exports of some factory and farm products because of global weakness and the...

April 13, 2016 Panama authorities raid HQ of Mossack Fonseca, law firm linked to Panama Papers leak

Source: Asia One

PANAMA CITY - The police on Tuesday (April 12) raided the headquarters of the Panamanian law firm whose leaked Panama Papers revealed how the world's wealthy and powerful used offshore companies to stash assets. - See more at:...

April 13, 2016 Surging energy shares boost Wall Street as earnings kick off

Source: Reuters

Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season.

April 13, 2016 Analysis: Fed eyes U.S. rate hike, but second-guesses economic gauges

Source: Reuters

But Fed officials and their staff are already dismissing large swathes of the most recent economic data because they view it as unreliable, a twist that could make it harder for investors, businesses and households to plan for...

April 13, 2016 Yale Advances in Shaping Portfolio to Address Climate Change

Source: NY Times

Yale University has made progress in minimizing its endowment portfolio’s exposure to less environmentally sound investments such as stocks of companies that contribute to climate change, a letter released on Tuesday showed.

April 13, 2016 A Potential Warren Buffett Successor Gets More Duties at Berkshire

Source: Wall Street Journal

Ajit Jain, a potential successor to Berkshire Hathaway Inc. Chief Executive Warren Buffett, has added to his responsibilities at the conglomerate by taking on oversight of a key insurance subsidiary.

April 13, 2016 US budget deficit up sharply to $108 billion in March

Source: Washington Post

WASHINGTON — The federal government’s budget deficit rose sharply in March, pushing the deficit for the first six months of this budget year above the same period a year ago.

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