Newswer – US, British, and Swiss regulators have fined five global banks for attempting to manipulate foreign exchange markets—the latest penalties for an industry previously criticized for rigging interest rates and for its role in triggering the global...
Business Insider – The Federal Reserve and its central bank peers around the world unleashed unprecedented amounts of monetary stimulus in an effort to pull the economy out of the financial crisis. While growth remains anemic, we are no longer in crisis mode....
Newser – The global charity Oxfam has a new report pointing out that the number of billionaires in the world has doubled since the financial crisis. Specifically, the billionaires’ club has grown from 793 in March 2009 to 1,645 in March 2014,...
Housing Wire – Decades from now, when history writes the story of the Millennials, they may well be remembered as the first generation for whom using smartphones and social media was as natural as taking a breath. Yet unless things change, there’s a good...
OC Register – The co-founder of a failed apartment investment firm plans to plead guilty to federal fraud charges next week in a case in which hundreds of small, mostly elderly investors lost almost $91 million, according to the U.S. Attorney’s Office. U.S....
Forbes (April 2014) – It’s no April Fool’s joke. New York state doubled its estate tax exemption as of today. And it’s set to rise gradually through 2019—if you hang on that long–to eventually match the generous federal exemption, projected to be $5.9 million...
