Search Results for: Wall Street
The Price Of Oil Is Crashing Again, And That Is Very, Very Bad News For The U.S. Economy
August 2nd, 2016
This wasn’t supposed to happen. The price of oil was supposed to start going back up, and this would have brought much needed relief to economically-depressed areas of North America that are heavily dependent on the energy industry. Instead, ...
Facebook just passed Buffett’s Berkshire Hathaway in market value
July 29th, 2016
Mark Zuckerberg has put Warren Buffett in his rear view mirror. Zuckerberg’s tech behemoth, Facebook Inc. FB, +1.35% edged out Buffett’s Berkshire Hathaway Inc. BRK.B, +0.16% moving ahead of the market capitalization of the Sage of Omaha’s investment conglomerate Thursday. Facebook added about $5 billion ...
CFTC announced an award of approximately $50,000 to a whistleblower
July 27th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of approximately $50,000 to a whistleblower who voluntarily provided key original information that led to a successful CFTC enforcement action. The award is the fourth award made by ...
There’s a group of investors waiting in the shadows with $200 billion to spend
July 21st, 2016
Money managers are saving up and eager to be the lenders of first resort. Private-debt fund managers have amassed a record high $199 billion in untapped capital as of June, according to the latest report by Preqin. That’s a ...
Robo-Advisor reached $5 billion in assets under management
July 18th, 2016
Betterment Becomes First Independent Robo-Advisor to Surpass $5B of Assets Under Management Company Also Welcomes Amy Shapero as Chief Financial Officer Betterment announced that it is the first independent robo-advisor to reach $5 billion in assets under management. The ...
World’s oldest bank is on the point of collapse
July 18th, 2016
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking crisis in Europe, but EU rules forbid bank bailouts using ...
Brexit: Paris urges London to remain tax ‘friendly’
July 12th, 2016
Amid fears of a fiscal “race to the bottom” French Finance Minister Michel Sapin on Monday slammed British plans to reduce corporation tax as part of plans to keep attracting foreign investment after last month’s Brexit vote. “You don’t ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
July 7th, 2016
Silver has seen double the percentage gain of gold since Brexit Silver has outshined its sister metal since the U.K.’s decision to leave the European Union sparked turmoil in global equities markets, and the rally could lift the white ...
Can You Imagine The Fed Raising Interest Rates In This World? Europe In Chaos Edition
July 7th, 2016
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible by steady economic growth and general global stability. Here’s a representative piece ...
