‘Sell everything,’ global banking giant tells investors and brace for ‘cataclysmic year’

January 12, 2016 12:26 PM0 comments
‘Sell everything,’ global banking giant tells investors and brace for ‘cataclysmic year’

RBS has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that the major stock markets could fall by a fifth and oil may reach US$16 a barrel. The bank’s credit team said markets are flashing the same stress alerts as they did before the […]

Read more ›

BREAKING NEWS $1.3 Billion Powerball Winner Has ALREADY Been Chosen

1:36 AM0 comments
BREAKING NEWS $1.3 Billion Powerball Winner Has ALREADY Been Chosen

Before you waste your hard-earned money on buying a Powerball ticket in anticipation of the $1.3 billion drawing this Wednesday, you ought to know that the winner has already been chosen. MarketWatch contributor Cullen Roche, founder of Orcam Financial Group LLC, explained that “the real winner of the lottery system […]

Read more ›

Stocks tumble to start 2016 following China sell-off

January 4, 2016 3:59 PM0 comments
Stocks tumble to start 2016 following China sell-off

An overnight drop in stock prices in Asia and Europe provides a dismal backdrop for the first trading day of 2016. The Dow Jones futures were down 287 points at 17,054.0, the S&P 500 futures declined 32.4 points to 2,003.0 and the Nasdaq futures fell 89.0 points to 4,498.8 shortly […]

Read more ›

Crowdfunding 2.0: SEC just made it easier to buy shares in start-ups

November 1, 2015 6:13 PM0 comments
Crowdfunding 2.0: SEC just made it easier to buy shares in start-ups

 NEW YORK - If you’ve ever backed a project or business on crowdfunding sites Kickstarter or Indiegogo, you probably came away with some swag, a movie ticket or a discount on a soon-to-be-released product. Soon, you’ll be able to go to similar sites and come away with something potentially more valuable: […]

Read more ›

US Banks “too big to fail” perception of big institutions Federal Reserve Increase Reserves

5:22 PM0 comments
US Banks “too big to fail” perception of big institutions Federal Reserve Increase Reserves

A Federal Reserve proposal on Friday would give large banks another buffer, designed to reduce the “too big to fail” perception of big institutions. Banks will need a debt and a capital cushion equal to 16 percent of risk-weighted assets by 2019 and 18 percent by 2022. The Fed’s rule […]

Read more ›

Corporate News, Oil Rebound Help Propel Wall Street

October 7, 2015 10:45 AM0 comments
Corporate News, Oil Rebound Help Propel Wall Street

U.S. equity markets were solidly higher on Wednesday as focus turned to corporate news and energy names got a boost from higher oil prices. As of 9:30 a.m. ET, the Dow Jones Industrial Average was up 102 points, or 0.61% to 16893. The S&P 500 gained 11 points, or 0.57% […]

Read more ›
amazing online casino games