Search Results for: FED
U.S. small business confidence drops in September
October 14th, 2014
U.S. small business optimism fell in September as more owners said they expected a slowdown in profits and sales, tightening credit conditions and a harder time filling job openings, according to a survey released on Tuesday. The National Federation ...
Ex-UBS Banker Tax Trial Rides on Underling’s Credibility
October 14th, 2014
Raoul Weil, once the head of UBS AG ’s global wealth management business, faces a criminal trial that may turn on the credibility of a former subordinate who says he and Weil helped Americans evade taxes. Jury selection is ...
FATCA and the real cost of compliance
October 14th, 2014
Foreign account tax Compliance Act (FATCA) was introduced by the US government in the year 2010. The main focus of FATCA act is to reduce tax evasion by foreign finance institutions through offshore Accounts and shell companies. Apart from ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
Are Internal Bribery Probes Private?
October 13th, 2014
To tackle corporate bribery, the U.S. Department of Justice is increasingly relying on companies to turn over their own bad apples. But one former chief executive is trying to turn the tables, arguing that he should be able to ...
The Age of Vulnerability
October 13th, 2014
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
Ruble Risks Betrayal at Home in Nation’s Rush for Dollars
October 13th, 2014
More Russians are beginning to keep their cash in dollars and euros as the ruble tumbles to records amid central bank efforts to maintain control over the pace of the decline. The number of people with foreign-currency holdings rose ...
Canadian Pacific Makes Deal offer to CSX
October 13th, 2014
The CSX has been cool to the idea of a transaction, which would create a company worth more than $60 billion, people briefed on the matter said. If completed, a deal would unite two of the biggest railroad operators at ...
SEC Charges Current and Former E*TRADE Subsidiaries With Improperly Selling Penny Stocks
October 10th, 2014
The Securities and Exchange Commission announced an enforcement action against current and former brokerage subsidiaries of E*TRADE Financial Corporation that failed in their gatekeeper roles and improperly engaged in unregistered sales of microcap stocks on behalf of their customers. ...
Former Hanlong Executive Charged on Insider Trading
October 10th, 2014
A mining executive who fled Australia three years ago has been extradited from Hong Kong and charged with 104 insider trading offenses linked to planned takeovers by a Sichuan Hanlong Group unit. Xiao Hui, also known as Steven Xiao, ...
