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News & Updates
September 24, 2018 US and China exchange new trade war blows as latest round of tariffs takes effectSource: CNBC
The latest round of tariffs targeting U.S. and Chinese goods went into effect Monday, raising the stakes in an escalating trade war between the world's two largest economies.
September 24, 2018 Porsche stops making diesel cars after VW emissions scandalSource: BBC
The German carmaker Porsche says it will stop making diesel cars, and concentrate on petrol, electric and hybrid engines instead.
September 24, 2018 Britain's opposition Labour backs new election to solve BrexitSource: CNBC
Britain's opposition Labour Party prefers a new election to a second referendum on Brexit, its leader said on Sunday, heaping pressure on Prime Minister Theresa May whose plans for a divorce deal with the European Union have hit...
September 24, 2018 Danske Threat to Denmark's AAA Rating Triggers Political ActionSource: Bloomberg
s Denmark comes to grips with its role in one of Europe’s worst dirty money sagas, its parliament is working overtime to stop the nation’s credit rating from being dragged down by the scandal.
September 24, 2018 America's Libor Alternative Is Gaining Traction on Wall StreetSource: Bloomberg
Since the debut of the Secured Overnight Financing Rate almost six months ago, futures have launched in Chicago, swaps are being cleared in London and about half-a-dozen issuers have sold debt linked to the nascent benchmark.
September 24, 2018 Corporate America, not banks, could cause the next recessionSource: CNN
The next debt crisis: There's a $6.3 trillion elephant in the room. And it just might cause the next recession.
September 24, 2018 Oil jumps to a 4-year high after OPEC denies Trump and fails to raise outputSource: CNBC
Oil prices jumped more than 2 percent to a four-year high on Monday after OPEC declined to announce an immediate increase in production despite calls by U.S. President Donald Trump for action to raise global supply.
September 24, 2018 10 Years Later: Warren Buffett and the Financial CrisisSource: The Motley Fool
It has now been over a decade since the financial crisis rocked U.S. markets. Some overleveraged and weaker companies didn't survive, while many companies with strong balance sheets and wide economic moats emerged from the crisis...
September 21, 2018 Household net worth climbs by $2.19 trillion, driven by stock market, house pricesSource: MarketWatch
The numbers: Household and nonprofit net worth rose by $2.19 trillion in the second quarter, the Federal Reserve announced Thursday. That represents a seasonally adjusted annual rise of 2.1% to $106.93 trillion, driven in part by...
September 21, 2018 Investors Buy into Social ResponsibilitySource: Business Journal Daily
The demographic of those looking to invest in socially responsible companies stretches across all ages and financial conditions, McMahon says. Stock investments can range from a couple dollars up to hundreds and thousands of...
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