Search Results for: Gold
The Numbers Say That A Major Global Recession Has Already Begun
October 14th, 2015
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP ...
FTSE 100 on track for third straight day of losses
October 14th, 2015
Stocks in the U.K. dropped Wednesday, driven lower alongside Asian and other European markets after the release of yet more disappointing Chinese data underscored concerns about economic growth in that country. The FTSE 100 UKX, -0.75% fell 0.7% to 6,297.19. The index ...
Wednesday October 14: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
October 14th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels October 14. Gold Open 1162.80, High 1168.60 Low 1151.30, Close 1165.40, 0.08% Changed. Silver Open 15.82, High 15.99…View table below
Are You Ready to Buy Stocks at Your Grocery Store?
October 14th, 2015
Kmart, Office Depot, Safeway and other retailers roll out gift cards that give recipients shares in top companies Now selling at the checkout counter: breath mints, hand sanitizer and…$25 of Berkshire Hathaway stock? In a new twist on the bustling gift-card ...
GE to sell $30 billion specialty finance business to Wells Fargo
October 13th, 2015
General Electric Co (GE.N) said it will sell its commercial lending and leasing businesses worth more than $30 billion to Wells Fargo & Co (WFC.N) as the industrial conglomerate shifts its focus back on the manufacturing businesses. The sale ...
CME permanently bans 3 traders for spoofing
October 13th, 2015
CME Group Inc has permanently banned three traders who admitted to violations including the manipulative strategy known as spoofing, according to disciplinary notices issued on Monday. A permanent ban is a severe punishment that CME, which owns the New ...
Tuesday October 13: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
October 13th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels October 13. Gold Open 1155.00, High 1168.60 Low 1154.30, Close 1164.50, 0.74% Changed. Silver Open 15.80, High 16.08…View table below
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Proposed sale of Frank Russell company’s asset management business
October 12th, 2015
London Stock Exchange Group plc (“LSEG”) today announces that it has agreed the proposed sale of Frank Russell Company’s asset management business (“Russell Investments”) to TA Associates for gross proceeds of US$1,150 million (£752 million1) in cash, subject to ...
What will Happen to Bitcoin when the Economy goes Bust?
October 12th, 2015
Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in ...
