Vittorio Hernandez

There is no clear investor-education authority insofar as investor education is concerned, a new survey by the CFA Institute showed. Among seven information sources listed in the poll, books, magazines and online media emerged as the top choice, garnering 37 per cent of the responses.

The FOMC minutes have provided further reason for the market to grind higher. There was nothing that really broke with the current policy settings, however the discussions from the minutes had some very interesting revelations, with the most interesting of those coming from the 'exit strategy' of the asset purchase program

The US Federal Reserve FOMC minutes from its June 17-18 meeting were released. The Fed began detailing how it plans to ease the US economy out of an era of loose monetary policy. The minutes showed that Fed participants ´´generally agreed´´ that its monthly bond purchases would end in October. There was also discussion about the central banks current policy of reinvesting its $4.2 trillion in asset holdings as the securities mature. Policymakers debated how to reduce those holdings without disru...

Nelly, the Elephant proved she was a better oracle than Big Head, the Loggerhead Turtle, when she correctly predicted that Germany would win over Brazil in the World Cup semi-finals game on Wednesday.

The heart-breaking loss of host country Brazil on Wednesday to Germany, 7-1, did not only crush the World Cup championship ambition of the crippled soccer team, it also determined which of the two animals deserves the title Oracle of the World Cup 2014.

A legislator from Russia seems to want to equate being Russian to being a prude. Roman Khudyakov of the LDPR party proposed on Wednesday that the country's 100 rouble money paper which depicts the naked images of the Greek god Apollo be removed.

Joey Kadmiri, 24, a petty thief who stole the G-string and thong underwear of group of Las Vegas male strippers on March 18 threatened to shoot members of the Thunder from Down Under troupe, but no one believed he had a hidden weapon.

New junior welterweight title holder Chris Algieri may have moved up the boxing ladder since he is being eyed as the next opponent of eight-division title holder Manny Pacquiao for his Nov 22 fight in Macau, China.

Is Canadian phonemaker BlackBerry on a rebound? After being dismissed as a has-been company and anticipated to die soon, the Waterloo-based tech firm appears not only for a recovery but even growth.

Sellers continued to make an impression on the local share market on Wednesday. At the best levels of the day the ASX 200 was down by 10 points; at the lows of the session the index had shed 71 points; at the closing bell the market was down 58 points or a shade over 1%. In broader term the market remains above the 5400 mark at 5452.0. This point is worth keeping in mind. It was only several weeks ago that the market was having a lot of trouble sustaining itself in the area below 5400 for the in...

World Cup fever continues to grip sports fans across the world, especially as the tournament nears the championship stage. Since the games are being held in Brazil, sports fans who are in different time zones and could not watch the games live from their home TV sets because they are at work or in transit have various digital video and audio platforms as options.

The Australian sharemarket is losing ground for the third consecutive day, following the worst session in a fortnight for U.S. markets. The All Ordinaries Index (XAO) is down 0.9 per cent; the biggest daily slide in over a week.

A survey of 680 high net-worth individuals in the U.S. with $3 million or more in investable assets found that the changing family structures, multi-generational and extended family circumstances, evolving gender roles, and generational views on investing and use of wealth are challenging traditional approaches to wealth planning.

Fundamentals are the new reasoning for caution as commentators are pointing to overvaluations, astronomical multiple expansion and the earnings unable to match price.

In US economic data, consumer credit rose by $19.6 billion in May - in line with expectations. US Minneapolis Fed President Kocherlakota (voter, dove) spoke overnight, saying that the improvement in the unemployment rate overstates the degree of healing in the labour market. In addition he stated that it was more likely inflation would come in below the Fed´s 2% target over the next year than above it.

The video of a Filipino priest in Cebu Province chastising a single 17-year-old mother during the baptism of her baby has gone viral in YouTube, so far logging more than 14,000 hits in 2 days.

While Australian Prime Minister Tony Abbott may have won crossbenchers to his side to rush the repeal of the Labor government's carbon tax, he was condemned in the international arena for his move to remove the tax.

Handsome felon Jeremy Meeks was turned over to federal custody on Tuesday after he appeared in a Stockton court briefly, wearing an orange prison jumpsuit and handcuffs.

Unbeaten American boxer Floyd Mayweather had previously rejected the growing clamour for a match with Filipino champion Manny Pacquiao. One of the reasons he cited was that the eight-division title holder is only using him to raise money for his tax problems with the Philippine government.

Visiting Japanese Prime Minister Shinzo Abe signed on Tuesday a free trade agreement with Australia, which opens Japan's $5 trillion market to the Land Down Under.

The ASX 200 traded in a range of 20 points over the course of Tuesday. In the first hour of trade the ASX 200 was at its best and worst levels when it was up by 1p and down by 19 points. There after the index battled to move higher;on several occasions it tried to surmount the 5515 level where it failed on the 3rd occasion, before ending at with a loss of 8 points at 5510.

The Australian sharemarket is falling for the second day, with sluggish performances offshore last night not helping. The All Ordinaries Index is down 0.1 per cent and is flirting with the key 5500pt mark.

The Federal Aviation Administration (FAA) is keeping the real estate industry on the ground, literally. The FAA filed for an appeal after a U.S. judge early this year, 2014, struck down its ban on commercial use of drones. The FAA warned real estate brokers they could face up to $10,000 in fine if they violate the ban.

The latest ratings released on Tuesday, July 8, named ABC broadcaster Red Symons as Melbourne's new king of breakfast radio. He overtook two long-time breakfast radio hosts by getting 17.2 per cent share.

It's been 109 trading days since the S&P futures has had a pull-back of 5% or more and on current trend, is it unlikely abate anytime soon.

In US economic data, the Employment Trends index rose from 119.03 to 119.62 in June. In European economic data, German production fell by 1.8% in May, the biggest reduction in two years and well below market expectations.

The newbie senator of the Australian Parliament, Jacqui Lambie from the Palmer United Party, finally met on Monday the man she just described as a psychotic politician, Prime Minister Tony Abbott.

Here is bad news for the female and gay admirers of Jeremy Meeks, the Internet's latest sensation. They would not likely see the unclothed body or the private body parts of the most handsome felon.

The adage that condemns a person who bites the hand the feeds him is applicable to what a saltwater crocodile at the Shoahaven Zoo in New South Wales did to its caretaker on Sunday noon.