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News & Updates

May 20, 2015 White House threatens to veto trade bill over currency measure

Source: MarketWatch

The White House on Tuesday threatened to veto a crucial trade bill if it contains legislation with binding punishments for currency manipulation, the main point of contention between President Barack Obama and congressional...

May 20, 2015 GLOBAL MARKETS-Euro slides as Greek official says IMF repayment in doubt

Source: Reuters

LONDON - The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund.

May 20, 2015 Regulators Point to Risks From Rapid-Fire Trading, Clearing

Source: Wall Street Journal

The rise of computerized trading and the changing roles of big banks are reshaping financial markets and potentially raising new vulnerabilities, U.S. regulators said in their annual report on financial-system threats.

May 20, 2015 Minimum wage: L.A. City Council approves increase to $15 by 2020

Source: LA Times

The Los Angeles City Council on Tuesday backed a plan to raise the city’s minimum wage to $15 per hour, joining a trend sweeping cities across the country as elected leaders seek to boost stagnating pay for workers on the lowest...

May 19, 2015 Fossil fuels subsidised by $10m a minute, says IMF

Source: Bloomberg

Shocking’ revelation finds $5.3tn subsidy estimate for 2015 is greater than the total health spending of all the world’s governments

May 19, 2015 Federal government announces plan to bolster honeybee, butterfly populations

Source: Fox News

WASHINGTON – The federal government hopes to reverse America's declining honeybee and monarch butterfly populations by making more federal land bee-friendly, spending more money on research and considering the use of less...

May 19, 2015 German ministry softens CO2 emission demands for power plants

Source: Reuters

Germany plans to force coal-fired power plant operators to reduce their CO2 emissions by 2020 by less than previously planned, according to an economy ministry document seen by Reuters on Monday, bowing to opposition from within...

May 19, 2015 Shoppers Could Soon Have Difficulty Finding Meat's Origin

Source: ABC News

The World Trade Organization ruled Monday that U.S. "country of origin" labels on certain cuts of red meat put Canadian and Mexican livestock at a disadvantage, rejecting a U.S. appeal after a similar WTO decision last year. The...

May 19, 2015 FDA unaware of listeria in Blue Bell plant before deadly breakout

Tuscaloosa News - âIt certainly has taken far too long to get this done, and these outbreaks are the result,â said Christopher Waldrop, director of the Food Policy Institute at the îConsumer Federation of...

May 18, 2015 Fed's Evans: Not Appropriate To Start Raising Rate Until Early 2016

Source: RTT News

Federal Reserve Bank of Chicago President Charles Evans said it will not be appropriate to start raising the fed funds rate until sometime in early 2016.

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