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News & Updates

September 9, 2014 Dollar hits six-year high versus yen on Fed study, sterling woes continue

Source: Reuters

The dollar scaled a 6-year high against the yen and hit a 14-month peak against a basket of currencies on Tuesday, tracking rising U.S. yields after a Federal Reserve study led investors to reassess prospects for higher interest...

September 9, 2014 Treasury's Lew urges action on 'inversion' tax deals

Source: Reuters

Treasury Secretary Jack Lew called on Monday for prompt action to stem the surge of U.S. businesses reincorporating abroad in "inversion" deals to avoid corporate U.S. income taxes, but offered no new ideas.

September 8, 2014 Sterling skids on Scotland worries, China data in focus

Source: Reuters

Sterling slumped to its lowest in nearly 10 months on Monday amid worries about political uncertainty after an opinion poll showed supporters of Scottish independence from Britain taking the lead for the first time since the...

September 8, 2014 ‘Gutter Oil’ Scandal Raises Food-Safety Fears Once Again in Greater China

Source: Time

A Taiwanese food-safety scare has spread to Hong Kong with the revelation that the city’s biggest bakery chain, as well as branches of 7-Eleven and Starbucks, may have been selling pastries made with so-called gutter oil.

September 8, 2014 Healthcare Reform and Overpaying for Care

Source: Forbes

Americans have long known that our healthcare system is rigged against the consumer. The horror stories of people living in debt for the rest of their lives because of an accident or illness have become so commonplace that many...

September 5, 2014 Aircraft Emissions May Be Next for U.S. Climate Rules

Source: Bloomberg

Aircraft may be next in line for U.S. regulation of greenhouse-gas emissions, as President Barack Obama’s administration broadens its climate-change efforts beyond automobiles and power plants.

September 5, 2014 Obamacare plan premiums to decline on average in 16 cities: study

Source: Reuters

Health insurance premiums for low-cost Obamacare plans in 16 U.S. cities will fall slightly in 2015 as competition helps drives down price for the new subsidized individual health plans, according to a study Friday from the...

September 5, 2014 California Set to Enact First Statewide Ban of Plastic Bags

Source: Time

Amid hot partisan debate, California is poised to become the first U.S. state to ban single-use plastic bags, after Governor Jerry Brown said on Thursday that he expected to sign a bill nixing their use.

September 5, 2014 Euro left reeling after ECB's liquidity splurge

Source: Reuters

The euro was deep in the red on Friday, having suffered its steepest fall in three years after the European Central Bank stunned markets by cutting interest rates and embarking on a trillion-euro asset-buying binge.

September 5, 2014 Mayor declares emergency, geologists issue warning as lava flows near Hawaii community

Source: Hawaii

HONOLULU – Rural Hawaii residents still recovering from a recent tropical storm are keeping a nervous eye on slowly advancing lava that may reach their community within a week.

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