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News & Updates

February 25, 2015 Dollar Tumbles After Yellen Testimony as China Data Boost Aussie

Source: Bloomberg Business

The dollar fell for a second day against most major peers after Federal Reserve Chair Janet Yellen said a change in the central bank’s guidance doesn’t lock it into a timetable for raising interest rates.

February 25, 2015 Pachauri quits UN climate panel after sexual harassment complaint

Source: Reuters

India's Rajendra Pachauri quit as chair of the U.N. panel of climate scientists on Tuesday, ending 13 turbulent years in charge of the Nobel Peace Prize-winning group, after a sexual harassment complaint against him.

February 25, 2015 Obama vetoes Keystone XL pipeline bill

Source: Reuters

President Barack Obama on Tuesday swiftly delivered on his vow to veto a Republican bill approving the Keystone XL oil pipeline from Canada, leaving the long-debated project in limbo for another indefinite period.

February 25, 2015 Tipped workers to get pay hike in N.Y.

Source: USA Today

At year's end, tipped workers in New York will get their first hourly pay raise since 2011, the state Labor Department announced Tuesday. The hourly rate will go from $5 to $7.50 on Dec. 31 for waiters, hotel housekeepers and...

February 25, 2015 UK pension deficit hits record high $560 billion in January - data - Yahoo!7

7 News Yahoo - LONDON (Reuters) - The shortfall in Britain's private sector pension plans rose to a record 367.5 billion pounds ($559.59 billion) at the end of January from 266.3 billion pounds in December, the îPension...

February 25, 2015 What The Net Neutrality Battle Means For Entrepreneurs

Source: Fast Company

Net neutrality, a guiding principle of the early Internet, keeps access to all websites equal and open. On Thursday, the FCC will vote on whether to reverse a 2002 ruling that classified the Internet as an "information service,"...

February 25, 2015 Stocks close at record highs following Yellen's Hill remarks

Source: USA Today

Stocks closed at new highs Tuesday as investors reacted positively to remarks from U.S. Federal Reserve Chair Janet Yellen and Greece won EU approval for its proposed budget reforms. The Dow Jones Industrial Average rose 92.35...

February 24, 2015 Obama picks a fight with Wall Street banks

Source: The Hill

For the first time in his second term, President Obama is picking a fight with Wall Street. With Sen. Elizabeth Warren (D-Mass.) by his side, Obama announced Monday at AARP’s Washington headquarters that he is moving ahead with...

February 24, 2015 Open-Internet Rule Sets Up Hurdles for Court Using FCC Decisions

Source: Bloomberg

The Federal Communications Commission is poised this week to approve strong net neutrality rules, setting up an awkward hurdle for court battles ahead: its own prior decisions.

February 24, 2015 Judge Tells Chris Christie: Put More Money in Pension Funds

Source: ABC

judge has ordered Republican Gov. Chris Christie and the state Legislature to put more money into pension funds for retired public workers. Unions for public workers sued Christie after he announced last year he would not make...

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