Middle class families today bear too much of the tax burden because of unfair loopholes that are only available to the wealthy and big corporations. In his State of the Union address, the President will outline his plan to simplify our complex tax code for individuals, make it fairer by eliminating some of the biggest […]
Geneva, Switzerland, – Over 40 heads of state and government, as well as 2,500 other leaders from business and society will convene at the 45th World Economic Forum Annual Meeting, from 21 to 24 January 2015 in Davos-Klosters, Switzerland, to discuss The New Global Context. This context consists of 10 global challenges affecting the world […]
WASHINGTON, January 13, 2015 – Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, says the World Bank Group’s Global Economic Prospects (GEP) […]
New York – News Corp announced today that it has acquired BigDecisions.com in India. BigDecisions.com aims to help Indian consumers make smarter financial decisions through interactive, decision-making tools powered by sophisticated algorithms and data. Its mission is to provide a platform to deliver unbiased information and analysis to consumers on topics ranging from life and […]
NEW YORK– American International Group, Inc. (NYSE:AIG) today announced the completion of its previously agreed acquisition of Ageas Protect Limited, a leading provider of term life, critical illness, and income protection coverage to over 350,000 consumers in the UK, Channel Islands and Isle of Man. AIG’s agreement to acquire Ageas Protect was announced in August […]
MCLEAN, VA- – Freddie Mac (OTCQB: FMCC) Multifamily further reduced taxpayer risk in 2014 by selling the overwhelming majority of credit risk on the mortgages it purchased to private capital investors through its Multifamily K-Deal securitization program. There were 21 Multifamily securities offerings in 2014 for a total transactions volume of $22.4 billion which, in […]
NEW YORK, – Prudential market experts expect moderate growth in 2015 – led by the United States – as global economies continue to recover. Outlining their views today at Prudential Financial, Inc.’s (NYSE:PRU) 2015 Global Economic and Retirement Outlook discussion, they said any growth is likely to be uneven across the globe and in the […]
Americans will ring in the new year feeling optimistic about the economy, their personal financial situation and the future of the economy, according to the second installment of the Wells Fargo & Company (NYSE: WFC) “How America Buys and Borrows” survey. More than three-quarters of Americans (78 percent) expect the economy to stay the same […]
The Bank of England today announced the results of the first concurrent stress testing exercise of the UK banking system. Alongside the stress test publication, the Bank of England also published its Financial Stability Report, which sets out the Financial Policy Committee’s (FPC) assessment of the outlook for the stability and resilience of the financial […]
SEATTLE, In its ongoing quest to empower self-directed investors, Capital One ShareBuilder has introduced a selection of new tools designed to help investors research securities and better understand their investments. “As we approach the New Year, now is a great time for investors to review their portfolio holdings and performance, and determine if their current […]
