Economic Indicators

Asia’s rich confident in advisors, regulators

Asia-Pacific's rich are confident in the wealth management industry and its ability to generate wealth in the near future, finds this year’s Global HNW Insights Survey.

By Staff |September 25, 2013

2 min read

Economic Indicators

Tapering to start within 6 months, says BNY Mellon

The U.S. Federal Reserve will start tapering in the next two to six months, predicts BNY Mellon Chief Economist Richard Hoey in his new report, “Seven Year Expansion.”

By Staff |September 25, 2013

2 min read

Economic Indicators

3 castles cheaper than apartments

Does your client want to buy a castle? Well, maybe she can. And it's worth a thought, especially for those planning to invest in a New York residence.

September 24, 2013

1 min read

Economic Indicators

Entrepreneurs cash in on fantasy sports leagues

There’s big money in fantasy sports, reports NPR News. That’s because people put real money on the line to take part in fantasy leagues—last year alone, the news outlet says participants shelled out more than $1 billion. Read: Which baseball team ranks highest? As a result, small businesses are springing up and boosting the fantasy-sports […]

By Staff |September 24, 2013

1 min read

What spooked the Fed?

The Federal Open Market Committee (FOMC) stunned markets this week by choosing not to cut back on its asset-buying program. Stimulus-thirsty investors rejoiced: not only was their proverbial punchbowl not taken away, it was refilled.

By David Andrews |September 20, 2013

3 min read

Armenia launches Kardashian bond

Whether it’s a renewed interest in emerging markets, or simply the name, Armenia’s Kardashian bond has enjoyed strong demand, reports NBC News. It’s named after TV personality Kim Kardashian, who is of Armenian descent, and never fails to make headlines. She and rapper Kanye West welcomed daughter North West in June. Read: Cash in on […]

September 20, 2013

1 min read

U.S. 10 days from government shutdown

The GOP-controlled House voted Friday to cripple President Barack Obama's health care law as part of a risky ploy that threatens a partial shutdown of the government.

5 min read

Economic Indicators

Asia’s rich confident in advisors, regulators

Tapering to start within 6 months, says BNY Mellon

3 castles cheaper than apartments

Entrepreneurs cash in on fantasy sports leagues

Absent employees cost economy $16.6B in 2012

What spooked the Fed?

Armenia launches Kardashian bond

U.S. 10 days from government shutdown

Wealthy Americans stacking up

Inflation slows to 1.1%