U.S. Fed raps China Construction Bank over money laundering
July 31, 2015
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Business

U.S. Fed raps China Construction Bank over money laundering

The Federal Reserve System has approved a new rule which requires eight key banks in…

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Fed to Approve “Too Big To Fail” Surcharges
July 31, 2015
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Business

Fed to Approve “Too Big To Fail” Surcharges

“Regulators should reasonably address risk, but this rule will keep billions of dollars out of…

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Obama to nominate Kathryn Dominguez to Fed board
July 31, 2015
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Politics

Obama to nominate Kathryn Dominguez to Fed board

President Obama nominated University of Michigan economics professor Kathryn M. Dominguez on Monday to serve…

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Stocks Close Mixed; Nasdaq Has Good Week
July 23, 2015
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Science & Technology

Stocks Close Mixed; Nasdaq Has Good Week

“I think all of that’s reflecting an undervalued tech investor and pretty darn good earnings”,…

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US sets capital surcharges for largest 8 banks
July 21, 2015
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Business

US sets capital surcharges for largest 8 banks

The Fed assigned capital charges totalling more than $200 billion for eight of the biggest…

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Obama nominates economist Kathryn Dominguez to Federal Reserve board of
July 21, 2015
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Business

Obama nominates economist Kathryn Dominguez to Federal Reserve board of

President Barack Obama has chosen University of Michigan economist Kathryn Dominguez to fill the final…

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Obama nominates economist Kathryn Dominguez to Fed board
July 20, 2015
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Business

Obama nominates economist Kathryn Dominguez to Fed board

If both Dominguez and Landon were confirmed, there would still be one unoccupied position at…

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EUR/USD Steady Around 1.1150 as EU Leaders Talk
July 13, 2015
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Business

EUR/USD Steady Around 1.1150 as EU Leaders Talk

The MSCI Asia Pacific Index added 0.4 per cent to 141.63 as of 9:10 a.m.in…

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US stocks rise on optimism that Greek debt deal will be done
July 12, 2015
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Business

US stocks rise on optimism that Greek debt deal will be done

Indeed, we doubt that it will even have much effect on the macroeconomic outlook for…

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US employers add 223000 jobs; jobless rate falls to 5.3 percent
July 3, 2015
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Business

US employers add 223000 jobs; jobless rate falls to 5.3 percent

But then the AP quickly changes its happy tune about the June jobs numbers for…

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