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The De Soto Edge

The De Soto Edge News Online

The De Soto Edge

Fed May Change Stress Tests, Capital Buffers For U.S. Banks: Yellen

The Federal Reserve is considering changes to the annual stress tests it gives U.S. banks to move to a more risk-sensitive, firm-specific approach that would raise capital requirements...

Christine Lagarde
IMF Chief Sees Lower U.S. Growth, Calls Trade Barriers ‘Malpractice’

International Monetary Fund Managing Director Christine Lagarde said on Wednesday the institution would lower its 2016 U.S. growth forecast...

Janet Yellen
Deutsche Bank Helps Lift European Stocks Before Yellen, Draghi

A rise in Deutsche Bank shares helped push European stocks higher on Wednesday, easing concerns over Germany’s financial sector that...

Oil Drilling
Oil Rises After Industry Data Indicates U.S. Inventory Draw

Oil prices rose on Wednesday, after sharp losses in the previous session, as industry data showed a surprise draw in U.S. crude stocks, although...

Senators Accuse Yahoo Of ‘Unacceptable’ Delay In Hack Discovery

Six senators on Tuesday demanded that Yahoo Inc (YHOO.O) explain why hackers’ theft of...

Blackberry Classic
BlackBerry Exits Smartphone Design With Outsourcing Plan; Shares Rise

BlackBerry Ltd will outsource the development and design of its smartphones, a product category...

Zuckerberg Initiative
AstraZeneca Board Member Takes Role At Zuckerberg Initiative

The $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla...