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UBS Says QE End May Render Gold 'Obsolete'

Gold Factory

Swiss bank UBS is warning that gold's appeal as an inflation hedge and as an alternative to the U.S. dollar is at risk of becoming "obsolete" after the Federal Reserve last week began preparing markets for a wind-down of its stimulus program , possibly by the end of the year.

Bank of America Releases Corporate Social Responsibility Report

Bank Of America Corner Signs

Bank of America has released its annual Corporate Social Responsibility (CSR) report to provide an overview of the environmental, social and economic impact of its businesses as well as progress in meeting commitments to customers, clients, employees, shareholders and the communities it serves.

Bond Funds Lose Record $47.2 Billion on Fed Tapering Fears

Federal Reserve Logo

Mutual and exchange-traded funds hemorrhaged a record volume of bonds in June, according to a fresh report by TrimTabs Investment Research, as investors fear the impact of a scaling back of the U.S. Federal Reserve's bond purchasing program.



Empty Coca Cola Can

The best global brands

Interbrand, a brand consultancy group, has ranked the top global brands every year for the past 16 years.