Most Clicked CFA Institute Financial NewsBrief Stories

1. Which statement best reflects your opinion on unconstrained bond funds?

CFA Institute Financial NewsBrief | Feb 24, 2015

2. China rolls out stimulus to boost economy

CFA Institute Financial NewsBrief | Feb 26, 2015

China's State Council said it is implementing tax cuts and spending measures to boost the economy. Taxes for small businesses are being cut; the unemployment-insurance rate that firms must pay is being scaled back; and taxes on investment in nonmonetary assets will be paid in installments, rather than at once, the council said. China Daily (Beijing) (26 Feb.) Australian (tiered subscription model), The (26 Feb.)

3. Greece prepares reform proposal for Eurogroup

CFA Institute Financial NewsBrief | Feb 23, 2015

The Greek government worked over the weekend to list changes it is prepared to implement to receive four additional months of assistance from the eurozone. The compromise between Greece and eurozone finance ministers averts what could have become a catastrophic banking crisis. (France) (22 Feb.) Deutsche Welle (Germany) (22 Feb.) Kathimerini (Greece) (22 Feb.)

4. FCC approves rules for Internet providers

CFA Institute Financial NewsBrief | Feb 27, 2015

The Federal Communications Commission adopted rules barring Internet providers from slowing or blocking traffic and from creating deals with content companies to deliver better traffic to customers. Internet providers said the tougher regulation will discourage investment and innovation, and they plan to fight the rules in Congress and in courts. Reuters (26 Feb.) Bloomberg (26 Feb.) CNNMoney (26 Feb.)

5. Keystone XL pipeline in limbo after Obama's veto

CFA Institute Financial NewsBrief | Feb 25, 2015

A bill backed by Republicans clearing the way for construction of the Keystone XL pipeline from Canada to refineries on the U.S. Gulf Coast was vetoed by President Barack Obama. A decision on whether to approve the project should be made only after the State Department has completed its review of the proposal, Obama said. Senate Majority Leader Mitch McConnell said Republicans will try to override the veto. Globe and Mail (Toronto) (tiered subscription model), The (24 Feb.) (24 Feb.) Reuters (24 Feb.)

6. Yellen eyes labor market, inflation for interest rate's future

CFA Institute Financial NewsBrief | Feb 25, 2015

With the U.S. job market still gaining strength and inflation too low, the Federal Reserve is not yet ready to raise interest rates from near-zero levels, Janet Yellen, head of the central bank, told the Senate banking committee as she delivered the Fed's semiannual economic report. Investors were pleased to hear Yellen say the Fed will be patient on rates as the economy continues to improve. Politico Pro (subscription required) (24 Feb.) Bloomberg (24 Feb.) ABC News (24 Feb.) Reuters (24 Feb.)

7. Economy would be hit by DHS partial shutdown, Obama says

CFA Institute Financial NewsBrief | Feb 24, 2015

If Congress allows funding authority for the Department of Homeland Security to expire Friday, the U.S. economy and national security will be directly affected, President Barack Obama says. Essential personnel would still report to work, but more than 100,000 agents for border patrol, airport security and port inspection would not be paid, he says. Reuters (23 Feb.) Hill, The (23 Feb.)

8. Consumption emerges as key force driving China's economy

CFA Institute Financial NewsBrief | Feb 27, 2015

China's policies are successfully transforming the economy to a consumption-led model, according to data from the National Bureau of Statistics. In 2014, consumption produced 51.2% of gross domestic product, compared with 48.6% from investment, the agency said. China Daily (Beijing) (27 Feb.)

9. Migration from rating agencies to Wall Street prompts questions

CFA Institute Financial NewsBrief | Feb 25, 2015

Since the financial crisis, hundreds of employees from credit rating agencies have gone to work for Wall Street companies. The migration is prompting questions about conflicts of interest and bias. Bloomberg (24 Feb.)

10. Losses from Swiss currency move prompt calls for inquiry

CFA Institute Financial NewsBrief | Feb 25, 2015

Major swings in currency valuation immediately after the Swiss National Bank scrapped a cap led to one of the largest intraday market shifts in decades. The Swiss franc surged 40% against the euro and 25% against the U.S. dollar in a half-hour, causing some market participants to lose hundreds of millions of dollars and prompting calls for an investigation. (subscription required) (24 Feb.)