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News & Updates

June 28, 2019 US economy grew at solid 3.1% rate in first quarter

Source: AP

WASHINGTON — The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking...

June 28, 2019 Credit Suisse is the sole bank tripped up by Fed stress test as rest get approval to boost payouts

Source: CNBC

The U.S. division of Zurich-based Credit Suisse has to fix problems the Fed found in its capital planning processes by Oct. 27, according to the Federal Reserve.

June 28, 2019 What Foxconn - Apple's Largest Manufacturer - Is Up To In Wisconsin - video

Source: YouTube/CNBC

Foxconn is the world's largest contract manufacturer of electronics and the biggest assembler of Apple products. Now it's building a massive factory in a village in rural Wisconsin. In a deal heralded by politicians including...

June 28, 2019 Can the US-China crisis be stabilized?

Source: Brookings

This week President Trump will meet with China’s leader Xi Jinping at the G-20 summit meeting in Japan. The media is focusing on whether the two leaders can restart trade talks or at least call a “trade war” truce.

June 28, 2019 Ford to layoff 12,000 workers in Europe, introduce new vehicle line-up

Source: Fox Business

Ford Motor Co. Opens a New Window. is overhauling its European business, the carmaker said on Thursday, pushing out a new vehicle line-up Opens a New Window. , laying off workers and realigning its operations Opens a New Window....

June 28, 2019 The S&P 500 is on track for its best June since 1955

Source: CNN

New York (CNN Business)With one day left, the month is shaping up to be the best June for the S&P 500 in more than 60 years. It's been a roller coaster ride on the way there.

June 28, 2019 Goldman Sachs: Market Crash Risk Nearing 60%, Highest Since Financial Crisis

Source: Money and Markets

The U.S. economy is marching toward its longest period of economic expansion, and the Federal Reserve seems intent on keeping that expansion going for as long as possible. But Goldman Sachs doesn’t think everything is as rosy as...

June 27, 2019 Why Investors May Need to Pay Attention to Corporate Sustainability Trends

Source: ETF Trends

In an age of disagreement, sustainability is proving to be an issue that many can rally behind. A sustainable policy sees widespread popularity among consumers and many are choosing to do business with companies based, in part,...

June 27, 2019 Robots 'to replace up to 20 million factory jobs' by 2030

Source: BBC

Up to 20 million manufacturing jobs around the world could be replaced by robots by 2030, according to analysis firm Oxford Economics.

June 27, 2019 477 Investors With USD $34 Trillion in Assets Urge G20 Leaders to Keep Global Temperature Rise to 1.5 Degrees Celsius

Source: 3BL Media

Investors from around the globe are urging world government leaders to step up ambition on climate change and enact strong policies by 2020 to achieve the goals of the Paris Agreement, including phasing out thermal coal power and...

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