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News & Updates
July 2, 2014 US Pension Fund Fitness Tracker: Still No Improvement in Funding Ratio in Second Quarter of 2014
Fort Mill Times - In US dollar (USD) terms, the Euro îStoxxî Total Return Index was up 2.36% over the quarter. The MSCI Emerging Markets Total Return Index ended the quarter up 6.71% in USD terms. Continuing its...
Source: Nonprofit Quarterly
Indebtedness isn’t always treated equally in our society. Some people get dunned incessantly by debt collectors while others seem to be able to run up thousands or even millions in debt but are given the latitude to extend their...
July 2, 2014 Wealth gap solutions put Californians at oddsSource: SF Gate
California residents don't need to be convinced there's a worrisome income gap between the rich and poor that's getting wider, but there's plenty of argument about whether the government should get involved in trying to close the...
Jamie Dimon, CEO of JP Morgan Chase, explained in an internal letter to staff and shareholders on July 1 that he was recently diagnosed with throat cancer and will soon begin receiving treatment at Memorial Sloan Kettering Cancer...
The dollar was about 0.2 percent from a six-week low versus the euro before Federal Reserve Chair Janet Yellen speaks today, while Australia’s currency tumbled after the trade deficit widened more than economists forecast
Source: NY Times
The stock market rallied on Tuesday at the start of the third quarter, with the Dow Jones industrial average approaching the 17,000 milestone and the Standard & Poor’s 500-stock index reaching yet another record. Investors were...
By the end of 2015, 70 percent of U.S. credit cards and 41 percent of U.S. debit cards will have security chips — called EMV for Europay, MasterCard, Visa — according to the Aité Group.
CBS News - Nell Minow, dubbed "queen of good corporate governance" by BusinessWeek, is a member of the board of GovernanceMetrics International (formerly îThe Corporate Libraryî, which she co-founded). Nell Minow, a...
Source: Washington Post
France’s BNP Paribas on Monday pleaded guilty to concealing billions of dollars in transactions for clients in Sudan, Iran and Cuba in violation of U.S. sanctions and agreed to pay $8.9 billion in fines, according to the Justice...
Source: NY Times
More than a million people risk losing their federally insured pensions in just a few years despite recent stock market gains and a strengthening economy, a new government study said on Monday. The people at risk have earned...
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