Market News
USAA Switching Credit, Debit Cards to Visa From MasterCard
Wall Street Journal - 25 Oct 2015 01:57
USAA, one of the nation's largest issuers of debit cards and credit cards, is switching its portfolio to Visa Inc., representing a blow for longtime partner MasterCard Inc. which processed transactions on its network for...
Hurricane Patricia hits F1 qualifying
CNN - 25 Oct 2015 01:13
Hurricane Patricia wrought havoc on the United States Grand Prix with Saturday's qualifying session abandoned at a waterlogged Circuit of the Americas in Texas.
While Arizona Cardinals Soar, Legal Battle Puts Stadium Investors in Red Zone
Wall Street Journal - 24 Oct 2015 19:18
The Arizona Cardinals are one of the National Football League's hottest teams, leading their division with a 4-2 record. Their stadium, however, is on a losing streak with investors.
The Week Ahead: Why Investors Must Understand Market Reversals
Forbes - 24 Oct 2015 17:08
The new closing low in the NYSE Composite on September 28th increased the bearishness of many analysts as investors were still trying to recover from the plunge in late August. Headlines like "Key Global Equity Index Has...
U.S. Nudges Forward A 'Huge Game-Changer' For Responsible Investment
Forbes - 24 Oct 2015 16:00
The language may seem mild, but the implications are immense. A U.S. Department of Labor (DOL) statement holds a key breakthrough for the future of responsible investment and sustainable markets.
Former Rabobank Trader Accused of Libor Rigging Arrested in Australia
Wall Street Journal - 24 Oct 2015 14:12
A former Rabobank trader wanted by U.S. prosecutors for his alleged role in manipulating a key benchmark interest rate has been arrested, Australian authorities said Saturday.
Gold extends losses on weak global cues, silver slips
livemint.com - 24 Oct 2015 14:07
Gold fell `110 to `27,090 per 10 grams in New Delhi, silver declined `235 to `37,050 per kg
Valeant's Disclosure: Why Now?
Wall Street Journal - 24 Oct 2015 06:24
Of investors' many concerns about Valeant Pharmaceuticals and its relationship with a specialty pharmacy, one has stood out: Why is Valeant talking about this only now? Until this week, Valeant's disclosures on the subje...
Tech Stalwarts Drive Market Surge
Wall Street Journal - 24 Oct 2015 06:00
U.S. tech stocks scaled fresh heights, fueled by upbeat earnings that renewed investors' faith that the giants are solidifying their positions at the center of the Internet economy.
How Apple Put Pandora in a Box
Wall Street Journal - 24 Oct 2015 03:03
Thanks to Apple Music, Pandora faces a challenge to its revenue growth on top of a looming question about its costs.
CFPB Probes RushCard After Customers Lose Access to Cash
Wall Street Journal - 24 Oct 2015 02:46
The federal consumer watchdog said Friday that it has launched an investigation into RushCard, a prepaid debit-card business co-founded by hip-hop music producer Russell Simmons after thousands of customers lost access t...
A Chance to Boost Financial Aid for Today's High-School Sophomores
Wall Street Journal - 24 Oct 2015 02:26
Strategic moves by Dec. 31 may help some families reduce the income to be reported on the Fafsa form for the freshman year of college.