Money & Markets – Week of 05.04.14

Elder Financial Exploitation
Fifth Third Bank
Older Americans face many financial challenges as they age, one of which is financial exploitation…

Almost Half The Russell 2000 Members Are In A Bear Market
Zero Hedge | 07 May 2014
With market internals dismally weak and 967 of the Russell 2000 index’s members down over 20% from their highs…

No Detroit Bankruptcy Deal! May Day Marchers Block Detroit Streets, Banks; Nat’l Retiree Systems Blast Rhodes
Voice of Detroit | 03 May 2014
As “retiree groups” allegedly began caving in to a Detroit bankruptcy deal…

A Significant Change in Trend
Global Market Watch | 07 May 2014
The U.S. monthly international trade deficit decreased in March 2014 according to the U.S. Bureau of Economic Analysis…

OECD Cuts Global Growth Forecast as Emerging Markets Cool
Bloomberg | 06 May 2014
The Organization for Economic Cooperation and Development cut its global growth forecast…

Singapore, U.S. Reach Deal on Tax-Evasion Law
The Wall Street Journal | 06 May 2014
Financial institutions based in Singapore will need to regularly report information…

TMC Bonds, Codestreet Unveil Dark Pool for Corporate Bonds
Traders Magazine.com | 06 May 2014
Called Codestreet Dealer Pool, it aims to avoid information leakage and constrained dealer liquidity…

Trade Data Indicate Economy Contracted
The Wall Street Journal | 06 May 2014
The U.S. economy likely contracted in the first quarter for the first time in three years…

Diefenderfer Named Chairman of Navient
Delaware Online | 06 May 2014
William Diefenderfer III has been appointed the first chairman of the board of Navient…

IRS Announces Two-Year FATCA Enforcement Transition Period
Journal of Accountancy | 02 May 2014
Foreign financial institutions that make a good-faith effort to comply with the requirements of the Foreign Account Tax Compliance Act…

Survey Shows Increase in Sharing Services Like Cars
CPA Practise Advisor | 30 April 2014
Whether it’s use of automobiles, homes, clothing or any number of other goods and specialized services, some cash-conscious consumers are willing to share to save…

Yellen’s Labor Market Gauges Point to Continued Fed Stimulus
Bloomberg | 02 May 2014
Some of the job-market indicators watched by Federal Reserve Chair Janet Yellen are still flashing red…

Speculative Fever is Back to 2008, With Compound Interest
The Telegraph | 01 May 2014
We are in a colossal bubble once again…

Canadian Silver Maple Leaf Sales Shatter All Records
SRSrocco Report | 02 May 2014
Not only did Canadian Maple Leaf sales shatter all records in 2013…

Frustration Rises Over Crowdfunding Rules
The Wall Street Journal | 30 April 2014
Critics Say Two-Year-Old JOBS Act, Intended to Help Entrepreneurs Attract Investments, Requires Major Revisions…

Have Gun, Will Travel: The Big-Money World of Private Security
Security Degree Hub
526,000: number of people killed by armed violence every year…