by Jessica Summers / Bloomberg Oil jumped to a 15-month high in New York after the government reported that U.S. crude inventories unexpectedly fell last week and Saudi Arabia’s energy minister said many nations are willing to join OPEC output cuts. Futures
About Rick Paulsen Rick Paulsen joined NYL in 1982. Rick has qualified for Council 32 consecutive years in a row, qualifying for Chairman’s Council 30 times, and Chairman’s Council 9 times. Rick was the 2008 Council Vice President and 2012
By FN Staff/ 10.01.16 Investors tire of Deutsche’s rollercoaster ride… Top investors have begun to insist Deutsche Bank needs a rescue, even though it insists it doesn’t want one, following a week of turmoil in which its shares see-sawed and
Sudarshan Sridharan may not have been old enough to drive a Tesla, but that didn’t stop him from profiting on the stock. Unlike most 16-year-olds, Sridharan manages about a quarter of a million dollars of his parents’ retirement money. It
Although fears of a possible vote by the United Kingdom to leave the European Union had been growing, most U.S. analysts and bankers believed the chances of the “Brexit” push succeeding were unlikely. But after Britain shocked the world by
A NEW FEDERAL RULE THAT EXPANDS THE NUMBER OF WORKERS ELIGIBLE FOR OVERTIME PAY MEANS EMPLOYERS WILL HAVE TO PONY UP MORE MONEY — IN PAYROLL, ADMINISTRATIVE AND LEGAL COSTS. They’re not happy. And, they warn, workers won’t be either.
The markets have been changing recently, as problems with China have been having a significant impact on the global economy. All of this has led to concern, given that it will lead authorities to have to deal with difficult issues.