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Aug 07, 2014

ECB Gives Nod to Weaker Euro

European Central Bank President Mario Draghi signaled he is pleased with the recent decline in the euro's exchange rate and that financial-market trends may point to further weakening—providing a potential boost to ultralow inflation in the region... #European Central Bank #Mario Draghi

Aug 07, 2014

Nestlé Earnings Slide

Nestlé reported a near 10% slide in first-half earnings as unfavorable exchange rates magnified sluggish results in Europe and emerging markets, where consumer spending remains tight. The company also detailed a share-buyback program... #European Central Bank #Mario Draghi

Jul 31, 2014

California exchange insurance rates for 2015 draw mixed reaction

The 4.2% increase in Obamacare insurance rates in California for 2015 announced Thursday drew an enthusiastic reaction from activists and insurers. But there was also some skepticism... #European Central Bank #Mario Draghi

Aug 01, 2014

Obamacare premiums to rise a modest 4.2% in 2015

Defying an industry trend of double-digit rate hikes, California officials said the more than 1.2 million consumers in the state-run Obamacare insurance exchange can expect modest price increases of 4.2% on average next year... #European Central Bank #Mario Draghi

Jul 31, 2014

Sony profit leaps on PlayStation 4 strength

The hit PlayStation 4 game console and PS4 network revenue helped power Sony to a net profit of ¥26.8 billion (US$261 million) in the April to June quarter, a jump up from ¥3.1 billion a year earlier. Sony’s film segment, buoyed by the success of “Th... #European Central Bank #Mario Draghi

Jul 23, 2014

U.K. May Announce FX Probe Settlements Simultaneously

A number of major banks are looking to simultaneously settle probes into allegations of foreign-exchange rate-rigging with the U.K.'s Financial Conduct Authority... #European Central Bank #Mario Draghi

Aug 18, 2014

Why is Mark Carney keeping financial markets guessing on timing of rate rise?

Latest in series of seemingly conflicting statements may mean Bank of England is unclear about real state of economy A period of silence on your part would be welcome. That was Clement Attlee's put down to Harold Laski when the post-war premier thoug... #Clement Attlee #Bank of England #Sunday Times

Aug 18, 2014

Why is Mark Carney keeping financial markets guessing on timing of rate rise?

Latest in series of seemingly conflicting statements may mean Bank of England is unclear about real state of economy A period of silence on your part would be welcome. That was Clement Attlee's put down to Harold Laski when the post-war premier thoug... #Clement Attlee #Bank of England #Sunday Times

Aug 13, 2014

Maximize your money overseas

Headed overseas for vacation? It's easy to get hit with extra fees and expensive exchange rates when switching currencies. Some currency exchange tables in airports and tourist areas offer bad rates, taking more of your money. And some credit cards a... #Clement Attlee #Bank of England #Sunday Times

Aug 10, 2014

Opinion: Paid maternity benefit would bring problems

When President Barack Obama recently supported a push by Sen. Kirsten Gillibrand (D-N.Y.) for a paid family leave benefit, women across the country -- including many of my friends and neighbors -- were enthusiastic supporters. Every woman who's tried... #Barack Obama #Kirsten Gillibrand #Manhattan Institute