More From J.J. McGrath
High-Frequency Trading: The Investors’ Exchange (IEX) And A Potential $400 Million Hit
The Bradley Katsuyama-led Investors’ Exchange could help level the playing field between the fast and the superfast in U.S. equity market trading.
Jun 19, 2016
Fort McMurray Wildfires May Double In Size, Albertan And Canadian Officials Warn
An area of 386,000 acres in western Canada, already reported scorched, is something of a moving target — and more than twice the size of New York City.
May 07, 2016
Foxconn, Sharp Reportedly Set To Sign Takeover Deal March 31
Taiwan's Foxconn, a key Apple contractor, will reportedly gain a controlling stake in Sharp, a troubled Japanese electronics company.
Mar 26, 2016
Apple Inc (AAPL) Stance In 2016 A Loser For Hedge Funds, A Winner For Mutual Funds?
Amid a sharp drop in iPhone sales growth, hedge funds are overweighting Apple’s equity and mutual funds are underweighting its stock.
Mar 26, 2016
China’s GDP Growth Rate Declines To 6.9% In 2015 From 7.3% In 2014: Lowest Annual Growth Rate Since 1990
The world’s second-largest economy expanded by 6.9 percent in 2015, its smallest annual percentage increase since 1990, according to the National Bureau of Statistics.
Jan 18, 2016
Chinese And Other Emerging-Market Economies Have Shaken Investor Confidence, Bank For International Settlements Says
Prospects for growth in emerging-market economies have rattled the confidence of investors, the Bank for International Settlements said in a report released Sunday.
Sep 13, 2015
China May Cut Banks’ Reserve-Requirement Ratios Again, And Soon: Report
The People’s Bank of China likely is feeling the pressure to pull on its policy levers because of the country’s economic slowdown and its stock-market crash.
Aug 23, 2015
China’s Consumer Price Index Rises A Little In July, As Its Producer Price Index Falls A Lot The Same Month
Based on the balance between deflation and inflation, China’s authorities appear well-positioned to do even more in the way of economic and market stimulus.
Aug 09, 2015
Tuition-Free Community College Costs Could Be Covered By Closing Loopholes And Imposing Fees On Big Banks [VIDEO]
U.S. Vice President Joe Biden says the approach would enable a program to offer two extra years of schooling to “responsible students” tuition-free.
Apr 11, 2015
ADB, IMF, World Bank To Cooperate With China-Led Asian Infrastructure Investment Bank, Leaders Say
IMF Managing Director Christine Lagarde says the fund would be “delighted” to work with the Asian Infrastructure Investment Bank.
Mar 22, 2015
China’s Interest Rate Cuts In The Context Of Its PMIs, GDP And CPI
Chinese monetary and fiscal authorities could soon be on the same page in terms of providing stimulus in the world’s No. 2 economy.
Mar 01, 2015
HSBC Could Face Criminal Charges In The UK Over Swiss Private Bank, Says Ex-Director Of Public Prosecutions
At issue is the role played by HSBC’s Swiss private bank in a massive tax-dodging scheme.
Feb 22, 2015
Crude Oil Price Skid Isn’t Lubricated By Supply And Demand, Bank for International Settlements Says
Debt in the crude-oil industry may be a major factor in the collapse of the commodity’s pricing, the Bank for International Settlements says.
Feb 08, 2015
Swiss Franc Shock Claims Everest Capital Global Hedge Fund As Victim: Report
The Everest Capital Global hedge fund may be among the first fatalities of Swiss franc shock. It might not be the last.
Jan 18, 2015
Paris Attack 2015: JeSuisCharlie Rally Draws A Million To French Capital’s Streets [LIVE STREAM]
"I call on all the French people to rise up this Sunday ... to defend the values of democracy, freedom and pluralism," Francois Hollande says.
Jan 11, 2015
Sole Survivor Of Plane Crash In Kentucky May Speak To Safety Officials
National Transportation Safety Board investigators may soon interview the 7-year-old sole survivor of a plane crash in Kentucky.
Jan 04, 2015
2014 Biggest Year For US IPO Market Since 2000, With Alibaba Leading The Way
Alibaba Group Holding Ltd. was the leader of the pack, with a cool $25 billion involved in its initial public offering.
Jan 04, 2015
Indonesia AirAsia Flight 8501 Could Result In First Fatalities In Company’s History
Indonesia AirAsia QZ8501's fate is unknown, but the flight could be associated with the first fatalities in the 18-year history of AirAsia Bhd.
Dec 28, 2014
Apollo May Land PetSmart For $8 Billion In Largest US LBO Of 2014: Reports
Banks reportedly have agreed to arrange for $6.25 billion in financing to seal the deal.
Dec 14, 2014
‘Fundamentals’ Aren’t Greasing Crude Oil Price Slide: OPEC Chief
"The fundamentals should not lead to this dramatic reduction [in price]," OPEC Secretary General Abdullah al-Badri says Sunday.
Dec 14, 2014
Pakistani Taliban In The Crosshairs Of Aggressive Counterterrorism Operations
Nine members of the Tehreek-e-Taliban Pakistan, or TTP, were killed in a missile attack by a U.S. drone Sunday.
Dec 07, 2014
EU Seeks More Turkish Support In ISIS Struggle
The EU would like Turkey’s aid in identifying foreign fighters and in warning about any risks to aviation security, one source says.
Dec 07, 2014
US Will Keep 1,000 Extra Troops In Afghanistan In Early 2015
U.S. Defense Secretary Chuck Hagel said "10,800 troops, rather than 9,800, could remain in Afghanistan ... for the first few months in 2015."
Dec 06, 2014
Crude Oil Does The Limbo: How Low Can It Go?
Crude oil’s price per barrel breathtakingly plunged to $66.15 Friday from $107.95 June 20, a dizzying drop of -$41.80, or -38.72 percent.
Nov 30, 2014
Russia Will Not Rebuild Iron Curtain In Wake Of Economic Sanctions Over Ukraine: Vladimir Putin
The Russian president says his country won’t be isolated as a result of economic sanctions over Ukraine.
Nov 23, 2014
G20 Aims To Boost Its GDP 2% By 2018
A European Union-U.S. free-trade agreement could be one factor in G-20 growth between now and then.
Nov 16, 2014
China’s President Xi Jinping Signals Economic Growth Could Slow To 7% In APEC CEO Summit Speech
Sure, China's economy is in a slowdown, but it isn't all that "scary," President Xi Jinping says at APEC CEO Summit Sunday.
Nov 09, 2014
Egypt Imprisons 8 In Gay Wedding Video Case
Allegedly depicting a same-sex wedding celebration on the Nile River, the online video went viral on social-media sites in August.
Nov 01, 2014
70,000 Refugees Flee ISIS Over Newly Opened Syria-Turkey Border
The deputy of Turkey's pro-Kurdish HDP party says ISIS is conducting genocide, not war.
Sep 21, 2014
Scottish Independence Referendum: Police Scotland Arrests 6 At Glasgow Rally
Police Scotland estimated there were about 100 people on each side of the independence issue in George Square Friday night.
Sep 20, 2014
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