Archives for May 2015

May 2015 - Page 6 of 22 - Money Morning - Only the News You Can Profit From

America Has Become a "Banana Republic Run by Wall Street Criminals"

Wall Street criminals just won't stop misbehaving.
The latest crime was exposed Wednesday. Five of the biggest names in global finance agreed to pay billions to settle lawsuits alleging they illegally gamed the $5 trillion-a-day foreign exchange market.
"America has become a banana republic run by Wall Street criminals," Money Morning Capital Wave Strategist Shah Gilani said on Wednesday.

Of course, history dictates the fines will have no actual effect on business practices. Not including this week’s, just look at the litany of settlements too-big-to-fail banks have shelled out in the last five years alone…

The Perianne Boring Interview III: Bitcoin's Hidden Washington Allies

In Parts I and II of the Money Morning exclusive interview with Chamber of Digital Commerce President Perianne Boring, she talked about how her work in Washington and the importance of having more women in Bitcoin.

At 27, Boring has become one of the pre-eminent voices in the world of Bitcoin.

In Part III of our interview, we discuss the many regulatory challenges Bitcoin faces - and the many hidden allies the digital currency has on Capitol Hill.

Dow Jones Futures Gain 14 Points Ahead of Yellen Speech

Good morning! For Friday, May 22, Dow Jones futures forecasted a 14-point gain ahead of Federal Reserve Chair Janet Yellen's speech at 1 p.m. this afternoon. Although both the Dow Jones and the S&P are hovering near record levels, investors can expect lower volumes today as the Memorial Day holiday approaches and the quarterly earnings season ends.

Here are today's top market news, earnings reports, pre-market movers, and stocks to watch in the stock market today...

One Investment Could Save Two Generations' Retirements

The goal of a comfortable retirement is getting more challenging by the day.

That's overwhelmingly thanks to the Fed's Zero Interest Rate Policy (ZIRP).

A recent poll reveals Generation Xers, the next wave of retirees to follow the Baby Boomers, expect to be a whole lot more self-sufficient.

With Social Security considered bankrupt by many accounts, it's little wonder.

That leaves investors increasingly reliant on themselves to build their own retirement nest eggs to generate income.

And this investment does the job - and more...