Search Results for: Allen
Fed Research Shows Investors Underestimate Path of Rate Rise
September 9th, 2014
Low volatility across financial markets may signal investors are underestimating how quickly the Federal Reserve will raise interest rates, according to researchers at the San Francisco Fed. “Surveys, market expectations, and model estimates show that the public seems to ...
Rosneft struggles to grow as sanctions hit Russia’s oil champion
September 9th, 2014
The Kremlin’s prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world’s fastest growing oil firm in recent years. ...
U.S. accountants’ optimism returns to pre-recession levels
September 8th, 2014
Not since 2007 have U.S. accountants in industry felt as optimistic about the future of their companies and the state of the domestic economy as they do now. While concerns about regulatory requirements linger, and some companies remain hesitant ...
Tax Reform for US Inversions
September 8th, 2014
While it does not appear that US President Barack Obama will be taking administrative action in the near future, other commentators are insisting that corporate tax reform is the only viable option to stop US multinationals from undertaking corporate ...
West TX Oil Below $94 as Market Awaits Chinese Data
September 8th, 2014
Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor ...
Promise From European Central Bank Is Also a Gamble
September 5th, 2014
By promising to rev up the printing presses, the European Central Bank has created hope in the markets that Europe may finally start to overcome its economic challenges. Yet the central bank is taking a big gamble in directing ...
No Matter the Outcome, Scottish Vote Will Shake U.K.
September 5th, 2014
Until this week, almost nobody outside Scotland took very seriously the possibility that Europe’s most stable and durable nation, the only big country on earth not to have suffered invasion, revolution or civil war at any time in the ...
Russian stocks rise following ceasefire announcement
September 3rd, 2014
Russian stocks have risen to their highest level in three months following the announcement of a ceasefire agreement with Ukraine. The main Micex index gained 2.6%, while Russian gas giant Gazprom saw its highest jump since June, rising 3.3%. ...
Europe makes one step towards Russia, away from USA
September 3rd, 2014
Elections to the governing bodies of the EU finished, and it was the word of German Chancellor Angela Merkel that played the crucial role in the elections. After the discussion of the Ukrainian crisis, the leaders of 28 countries ...
British police can seize UK passports under new terrorism legislation
September 2nd, 2014
Police will be given the temporary power to seize the passports of those suspected of being involved with terrorism, the Prime Minister said today. In a statement to parliament afternoon David Cameron said it was “abhorrent” Brits had “declared ...
