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Women Leadership: Latest Financial Topics from Forbes Magazine

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Here is the latest Leadership News from Forbes Magazine.

Go Home! 4 New Ways To Improve Execution At Work
“I’m struggling to stay on top of my job. There doesn’t seem to be enough hours in the day to get everything done, and I fear it might cost me a promotion. I am not sure I can juggle a family and my career.” This was the lament I heard from a young executive worried about her future. I know many have had the same fears and struggles with execution. But there is hope. Research my colleague Joe Folkman and I shared on Harvard Business Review shows that you can significantly improve your ability to execute without working longer hours.

Tiffany Yu, REVOLT Media & TV and Diversability
In episode 4 of Two Inboxes, I interviewed Tiffany Yu, who at the time was the Director of Business Development at REVOLT Media & TV and the founder of Diversability, a social good company working to rebrand disability through the power of community.

The Case For Interdisciplinary Education
When I started my MBA at Harvard Business School they had us complete some information for our “class cards” – the equivalent of an internal Facebook with key details on each student like previous employers and what we studied in undergrad. Fellow students used it for networking while faculty members pulled it up when crafting their game plan for whom they’d call on in which class. It’s less robust than a LinkedIn profile and usually completed pretty quickly.

Weighing The Pros And Cons Of Office Romance
At some point in your career it will inevitably happen. You’ll meet someone who makes your eyes widen and your heartbeat quicken at a mere glance in your direction. I confess, it’s happened to me and the last time I fell fast and hard. I was having lunch with my friend Chelsea* when two colleagues from another department joined us at the communal lunch table. Sebastian initiated the conversation, but once Gabriel looked up from his plate and into my eyes I was mesmerized.

Kathryn Finney On Changing The Face Of Tech
The founder of Digital Undivided discusses how to foster economic growth by promoting and investing in women of color in tech, at the Forbes Women’s Summit.

Ashley Graham Doesn’t Take “No” For an Answer
Sports Illustrated cover model Ashley Graham speaks at the Forbes Women’s Summit on disrupting the fashion industry as a full-figured model and earning her place on 11 magazine covers in two years.

Michelle DePass On The Power Of Public Policy
The New School Dean speaks at the Forbes Women’s Summit about the importance of collaboration and how she was inspired to work in public policy after observing living conditions in Mali.

Genocide Survivor Clemantine Wamariya On Resiliency
Human rights advocate Clemantine Wamariya shares her powerful story of hope and resilience after surviving the Rwandan genocide and life as a refugee, speaking at the Forbes Women’s Summit.

What Type Of Corporate Culture Do Women Really Want?
What type of corporate culture do women really want and is it that different from what men want, too? I wondered. We decided to find out. We started by conducting research using the cultural diagnostic tool, the Organizational Culture Assessment Instrument (OCAI), to see how women and men would prefer their organizational culture to operate in the future as opposed to how it operates today.

Female Angel Investors And Founders Temporarily Retreat
Women entrepreneurs didn?t find as many angels in 2015 but the future looks good

Why Aren’t Women Starting Their Own Ad Agencies?
Nowhere is the contrast between men and women in advertising more clear than when it comes to starting their own agencies. Incredibly, there are no major general market agencies that have been started by women.

Youngest Self-Made Women 2016

Lilly Ledbetter’s Quest for Equal Pay
The equal pay champion shares her fearless fight to close the gender pay gap and the efforts that inspired the Lilly Ledbetter Fair Pay Act, speaking at the Forbes Women?s Summit.

Show Me the Money
Show Me the Money

5 Self-Made Women Give Advice To Aspiring Entrepreneurs
Being an entrepreneur can be frustrating. Some of the richest self-made women share their advice for when the going gets tough.

Fruit Drinks, Pizza, And Global IT: Self-Made Women You Need To Know
You know the brands, but do you know the self-made billionaire women behind them?

Energy Bars, Iconic Bags And Fashion For All: Self-Made Women You Need To Know
You know the brands, but do you know the billionaire women behind them?

Self-Made Women Newcomers

Youngest Self-Made Women 2016

Self-Made Women Newcomers

From Sheryl Sandberg To Beyonce: The 60 Richest, Most Successful Self-Made Women In America
Forbes’ second annual definitive tally of America’s wealthiest, most successful self-made women includes 60 trailblazers – 10 more than last year – who have crashed ceilings through invention and innovation. These women, who are worth a combined $53 billion, have created some of the nation’s best known brands, such as Gap, Spanx, Proactiv and Vera Bradley. A number of them have also helped build some of the most successful companies in tech,  including Facebook, eBay and Google, while still others got rich entertaining millions through their music, books or TV shows.

Taylor Swift, Jessica Alba, Celine Dion And More: 13 Newcomers Named Richest Self-Made Women in U.S.
With sold out arenas, billion-dollar companies and best-selling books under their belts, 13 newcomers joined the ranks of America’s Richest Self-Made Women in 2016. Meet them all here.

The Youngest of America’s Richest Self-Made Women: Four Under 40 Including Taylor Swift, Beyonce
Meet the 10 youngest on Forbes second annual self-made women list.

How Two Dermatologists Built A Billion Dollar Brand In Their Spare Time
Practicing dermatologists Katie Rodan and Kathy Fields have built a remarkable $1.1 billion fortune with two hugely successful skin care brands–and a whole lot of cringe-worthy marketing methods.

How To Get On A Board By 30
Do you want to be on a board? Here are 5 steps you can take to increase your chances of receiving a board invitation.

Jewelry Designer Pamela Love Reflects On Her Past With A New Book And Shares Plans For The Future
Jewelry designer Pamela Love is known for her unique pieces inspired by urban mysticism and the occult. Love launched her company in 2007 when she was 25, inspired by her life-long passion for jewelry making. Nine years later, the CFDA award winner reflects on her brand’s history with a new book published by Rizzoli, and her brand’s future as she expands her fine jewelry collection and partners with Shinola on a forthcoming jewelry collection.

A Fitness-Obsessed Mom Quit Her Pricey Gym Classes To Save Money. Here’s What Happened Next
Here’s what happened when one money-saving, exercise-loving mom went cold turkey on her biggest splurge.

She Wasn’t Planning To Be A CEO, But Life Took Her That Way
Running a business was an opportunity Alice Houston felt she had to take.

Blazing Her Own Trail: How One Woman Started And Sold A Company By Age 34
The timing was right for Rachel Wixson. Ten years into a career with a large corporation, she was at a crossroads. Her company was tapping her to lead an expansion into the Middle East, but at the same time she wanted to spend more time with her husband and create the ability to have more control over her schedule.

You Can Teach Yourself To Be An Entrepreneur: One Woman’s Path To Business Success
Patricia Stout has been overcoming odds since childhood. Born in Mexico in the mid-1940s, she first bucked the trend that she saw around her of women becoming homemakers. She had to fight for what she believed in, even as a child. When Stout showed an aptitude for math, the reaction was not encouraging.

Forging Her Own Path: How A Young Mother Embraces Simplicity And Builds A Powerhouse
There were two major turning points in Emily Ley’s career. The first came in 2008 when she decided to launch a graphic design business out of her home after feeling unfulfilled in more traditional office jobs.

Six Ways To Discover Your Life Purpose
Building a career aligned with your values leads to greater longterm productivity and health. Yet tapping into your life purpose can be tricky. Here are six strategies to get you started.

Playing Safe Can Actually Hurt You: 5 Ways To Take Risks That Will Pay Off
Do you feel like you’re playing it safe in business and life? If so, you’re keeping yourself from getting ahead. Read on to learn 5 powerful ways to start taking risks that uplevel you.

If We’re Truly Revolutionizing James Bond, Why Not Make Her A Woman Of Color?
If we’re truly talking about remaking a character who has been on the silver screen for 54 years, let’s go all out – let’s make her a Bond actor of color. Let’s create a Bond that truly reflects what a strong leader, one that millions can aspire to, looks like today. And then let’s ensure she’s paid the same as what James Bond would be.

Gender Wars: High Schools Say Boys and Girls Should Wear Matching Graduation Gowns
The Obama administration’s unexpected directive this month ordering school districts to allow transgender students to use bathrooms and locker rooms related to their gender identity and not what’s on their birth certificate has raised hackles across the country. Representatives of 11 states* are suing the administration to prevent the changes.

Luxury of PR Survival: Lessons from Allison Speer
How to open doors in a velvet rope industry.

The Youngest Power Women Of 2015

Celebrity Substance: Stephen Curry
Stephen Curry, the two-time consecutive NBA MVP led his team, the Golden State Warriors, to the NBA finals last night after coming back to win a 3-1 series deficit against the Oklahoma City Thunder. Golden State is the first team to have a 3-1 series come back since the Boston Celtics beat the Philadelphia 76ers in the 1981 Eastern Conference Finals- 35 years ago. The Warriors are now one series away from back-to-back league championships.

Vinaya’s Kate Unsworth Launches Zenta: The World’s First Biometric Band For Your Emotional Wellbeing
London-based technology design firm Vinaya announced their latest creation: Zenta, the world’s first biometric band for emotional wellbeing. Spearheaded by Kate Unsworth, Vinaya’s Millennial Founder and CEO, Zenta is the world’s first designer biometric wearable that interprets your emotions, helps you understand your own behavioral patterns, and allows you to share how you feel visually, in the form of art. User data will create what Vinaya calls “Biometric-Art” and pieces made from the technology will be featured at Art Basel later this year.

The Importance Of Having Balance In Our Lives
There is something that happens when you can step away from the craziness and just listen to the silence. You gain a perspective that can help you to make better decisions, you gain a sense of calm, and you have the ability to see the big picture again.

How Successful People Spend Their Weekends

A Good Team Makes For A Good Startup
The most valuable asset any startup is the team. Here’s how my team manages distance, varying opinions and our friendships with each other while building our company.

Tech Women Triumph: Winning The Risk Game, Getting Mentored, And Why Mistakes Are Good
We look at some of the most phenomenal news and advice for women in tech this month.

Melissa Austria Is Building The Retail Store Of The Future
This feisty Toronto menswear retailer is mixing and matching old-school service and digital technologies in a bid to survive — and thrive — in an increasingly tough industry.

5 Success Tips From The Woman Who’s Rocking The $15 Billion Feminine Hygiene Market
Miki Agrawal shares the meanings of “Puffy-Chesty-Outy” and “Coptuitiveness.” Find out which one will lead you to “Do Cool Sh*t.”

2016 30 Under 30: Social Entrepreneurs

Ask the Financial Expert: What Will Drive The Markets In The Second Half Of 2016?
Each month, we book time with some of our company’s top financial brain power to answer questions about investing and your finances. This month we’re talking about what to expect in the economy during the second half of the year.

Three Ways Millennial Women Can Successfully Negotiate A Global Assignment
Global assignments are coveted by ambitious employees of both genders, in any organization. Women who are vying for these positions are rarely given these opportunities; only one in five international assignments are given to women. But there are three ways millennial women can successfully negotiate these opportunities early in their careers.

Creating a Diverse and Inclusive Workplace
With revenues of $13.5 billion and approximately 12,000 employees across the globe, C.H. Robinson is one of the world’s largest third party logistics providers. Offering a supportive work environment, opportunities for career advancement, and providing incentives that reward success, C. H. Robinson has received over twelve Best Places to Work awards by the Minneapolis/St. Paul Business Journal.

Kimberly Palmer: ‘Motherhood Affects Our Financial Goals, Spending Habits And Ability To Earn’
When former U.S. News & World Report senior editor of money Kimberly Palmer told me about her new book, Smart Mom, Rich Mom: How to Build Wealth While Raising a Family (out this week), I was a little dumbfounded. After all, we know that statistically women make most consumer purchase decisions in two-parent families, and that with 57 percent of millennial moms being unmarried (according to Johns Hopkins), single-motherhood is on a steep rise — which means there are more families than ever where mothers are the sole breadwinners and financial decision-makers. With all the pixels and ink devoted to women and money, women and work-life balance, and families and saving and debt, that no one bothered to focus on moms and money?

Why SuperLatina’s Gaby Natale Wants Latinas To Know That Their Voices Matter
The most comforting thought on an early morning is for someone to tell you that you’re not that different from some of the celebrities you follow on Twitter. You have the same hours in a day as say, Beyonce or Shakira. This is how Gaby Natale, Creator and Producer of SuperLatina Show, anchored our conversation for Creating Espacios.

 The Best Time To Ask For A Raise
Asking for a raise can be awkward, money situations usually are.  However if you work hard and are underpaid you should definitely book an appointment and talk to your manager about increasing your salary.

How To Make More Money: 44 Strategies

How These 3 People Make 6 Figures A Year On Fiverr
On gig site Fiverr, people offer to do discrete projects for $5 apiece and up. But that hasn’t stopped several from raking in as much as $50,000 a month — after Fiverr’s 20% cut. Here’s how.

Meet The Incredible Woman Helping New York Female Entrepreneurs Find Top Mentors
If you want money, ask for advice.

Mistakes Are Essential In Career Progression, Say These Successful Software Engineers
Two successful women explain how they got ahead in a male-dominated arena, and why mistakes are OK.

Celebrity Substance: Emma Watson
Emma Watson, the actress and activist who won the Hollywood lottery by landing the role of Hermoine in the “Harry Potter” films at age 10, has an interesting and unusual career trajectory.

Coral Carebook’s Disruption Of India’s Prescription Medication Industry
In India?s fairly under-developed healthcare process sector, New Delhi based entrepreneur Gauri Angrish decided to set out to disrupt an already existing prescription medication industry in India. So, she went in and started by doing something unexpected: she opened a physical storefront pharmacy.

Memorial Day and Women in the Armed Forces
On Memorial Day, we’re remembering the sacrifices of our military men and women, that women play a large role in the armed services, and that the Pentagon is making working in the armed services more inclusive and fair.

The Best Questions To Ask At Networking Events
Next time you’re invited to a networking event, you’ll be equipped to start conversations that will forge genuine relationships.

Accenture’s US Chief On ‘Smart Risk-Taking’ And Big Success
Accenture’s North American CEO tells us where her priorities lie.

Why Female Tech Inventors Must ‘Make The Big Leap Today’
Don’t wait for the ‘perfect time’.

Five Critical Retirement Moves All Women Should Make Now
It seems like nearly every month, there’s more bad news about the finances of women. A host of new research shows just how behind men we are when it comes to money.

3 Social Security Spousal Benefit Myths
With Baby Boomers retiring by the thousands each day—and living longer in retirement than previous generations—there’s been a lot of press lately about the importance of maximizing Social Security benefits.

How To Search For (And Find) The Perfect Job
Are you tired of your job?  Do you want to do something else?  If you answered yes to either of those questions then that’s the first step in taking the next step towards advancing your career.  The second step is finding the perfect job.

7 Reasons To Go Into Business For Yourself
Successful businesses don’t happen overnight.  So often we only see the finished product or hear the story of a successful entrepreneur, we don’t hear about the blood, sweat and tears it took to get them were they are today.  It takes a lot of planning to get an idea off the ground and actually turn it into a profitable business, but it can be done and it can be very rewarding.

For Women In Business, It’s Always Personal: A Top 10 List

‘What I Learned From My Appearances On Regis And Oprah’
Nancy Friedman achieved what few entrepreneurs have in getting herself booked on an assortment of the nation’s top broadcast shows. Business traction varied widely, however, for the visibility results she received.

Will Power: Prince Lacked It, Do You?
When the dust settles, there will probably be much we can learn from Prince’s untimely death. For me, the lack of a will is an important lesson for us, given that a majority of Americans are without one.

5 Ways To Know It’s Time To Quit Your Job
If the sound of your alarm clock sets you into snooze mode…and you really don’t care that it’s after 9 am and you’re still in bed take a minute and ask yourself why.  Maybe it’s because you’re not a morning person, maybe it’s because everyone can use an extra 15 minutes of sleep or maybe it’s because you want to quit your job.

Women In Leadership: Amsterdam Deputy Mayor Kajsa Ollongren
Where many political leaders in Europe see the refugee crisis as a liability, Kajsa Ollongren saw it as an opportunity to boost diversity, innovation and business. Meet Amsterdam’s Deputy Mayor.

Breitling Watches Demonstrates Trump-like View Of Women
First a response to Kirsty Russell, of Fawkham in the United Kingdom. I’m not surprised you’ve heard nothing from officials with Breitling, after you complained about the inappropriate sex-toy-like display at a Breitling shop in your neighborhood.

Budget Breaking Discretionary Spending

Why Women Budget Better Than Men – And What They Can Learn From Us
It’s a tale as old as time, men are from Mars and women are from Venus.  Both are planets, but as beings we’re completely opposite.  The saying not only applies to personalities and living habits, it also applies to money management.  It’s no secret that women budget better than men – or maybe it’s a well kept secret from men.

Meet The Badass Women Behind The Indianapolis 500
When President Barack Obama congratulated the United States women’s national soccer team on its 2015 World Cup victory, he said that the team taught America’s children that “playing like a girl means you are a badass.” I immediately thought, “Did the President just say ‘badass’ in the White House?!?” Oh yeah, he did. Since then, I have adopted badass to describe tough, uncompromising women in sports. Thank you, Mr. President. Now, please allow me to take a page out of your playbook and tell Americans about another group of badass women – those who are behind the 100th Running of the Indianapolis 500. It is the pinnacle race in sports history, a race where women were largely excluded. Although, barrier-breakers such as Janet Guthrie and Lyn St. James climbed in the driver’s seat and paved the way for the next generation of women in motorsports.

Is Your Aging Parent An Out Of Control Spender?
Reckless spending by an aging parent can create financial consequences for the adult children, who may end up supporting them. Adult children appointed as agents on a power of attorney should not wait or hesitate to use their authority. Scammers abound and they love aging victims with memory loss. Get legal authority if you can. And consider a limited access debit card so you can track and control a parent’s spending.

‘So…What Do You Do?’ Navigating Labels When You Have An Un-Career Path
In a culture obsessed with industry and job function labels, how do those who don’t fit any mold explain who and what they are?

Laverne Cox: Breaking Boundaries & Shattering Stereotypes
After surviving a childhood rife with bullying and stigma around her gender-nonconformity, Emmy-winning actress and producer Laverne Cox shares what it means to be transgender in America today at the Forbes Women’s Summit.

This Millennial Wants To Take The Dread Out Of Bathing Suit Shopping With Her Company Bikyni
Jude Al-Khalil launched Bikyni, an online direct-to-consumer swimsuit business one year ago and already counts Jessica Alba as a fan. The former COO of cult-fashion brand Reformation, Al-Khalil was inspired to revamp the swimsuit shopping experience after realizing women dread shopping for bathing suits more than any other item of clothing.

Founders & Funders: Forbes Women’s Summit
The dynamics of entrepreneurship are rapidly evolving. What are the challenges and opportunities female entrepreneurs face in launching and scaling a business, and where are these leaders finding the greatest inroads to success?

Kate Hudson: The Hard Work of Happiness
To Kate Hudson, happiness is a “discipline” that must be persistently pursued. With her Fabletics activewear brand, Hudson speaks at the Forbes Women’s Summit on how she’s building a business on disciplined commitment to a lifestyle she believes in.

Samantha Power: Diplomacy in a Dangerous World
America’s ambassador to the U.N., Samantha Power has a front-row seat to the seemingly grim theater of world politics. A human rights champion and Pulitzer Prize-winning author, Power shares her unique vantage point on America’s role in the world.

Significance as the New Success: Forbes Women’s Summit
Leaders today are realizing that lasting success comes when you align passion and power with a higher purpose. How do organizations infuse their work with greater meaning and how can leaders combine their talents with a sense of personal mission?

The Role of Culture in Empowering Tomorrow’s Leaders: Forbes Women’s Summit
Will your actions open doors for the next generation of women? What are the galvanizing influences beyond the classroom that can inspire future generations of female leaders to seize opportunities and identify ways to be impactful in their own lives?

Ivanka Trump on Being the Other Trump
Life in the spotlight. Entrepreneurship as birthright. Ivanka Trump speaks at the Forbes Women’s Summit on her drive to support women who, like her, want to “have it all,” and how her father’s political aspirations influence her own ambitions.

Adena Friedman: Market Maker
Adena Friedman, President & COO of NASDAQ speaks at the Forbes Women’s Summit on why so few women have real power on Wall Street and whether the finance world sells women short.

Redefining the World of Work: Forbes Women’s Summit
As generations collide and new technologies emerge, what are the forces that have the potential to reshape the professional landscape in the years ahead? From parental leave to equal pay, how do we create a more equitable future?

Sarah Jessica Parker: Influencing the National Character
Actor and producer, fashion and beauty entrepreneur, ambassador and advocate for the arts, and political activist, Sarah Jessica Parker speaks at the Forbes Women’s Summit.

Why Are So Few People Engaging In The 5 Basic Healthy Habits?
We know what habits keep us healthy. But few people are actually engaging in all of them at once.

This Leader’s Global Assignment In Her 20s Catapulted Her Into Roles Usually Reserved For Men
A global leader reflects on how international assignments propelled her into roles originally reserved for men and how companies can ensure women don’t face “the glass border.”

How To Use Strong Language For Your Startup
If you’re asking for investment or another type of support, keep your pitch specific and strong. In the beginning we were often felt guilty for asking for support. But if you’re going to make your idea into a reality, you need to be confident.

What To Notice Around The Office When You Go For A Job Interview

5 Things A Hiring Manager’s Probably Thinking During Your Interview (And What To Do About It)
If you can start understanding what hiring managers are thinking when they sit across from you in an interview, you’ll have a better chance of responding well.

15 Surprising Things Productive People Do Differently

The To-Do List Strategy You Need If You’re Always Busy, Yet Somehow Unproductive
If you have the tendency to hop from project to project, “batching” your to-do list can help you increase your productivity. Here’s how.

11 Things Smart People Won’t Say At Work

3 Things You’ll Be Tempted To Say To Compensate For A Lack Of Experience (That You Shouldn’t)
Hiring managers will see right through the excuses you make for your lack of experience during a job interview, so instead you’ll want to do this.

Post Ranch Inn

Coyuchi Gives Luxury Linens The ‘Farm-To-Label’ Treatment
Coyuchi makes natural organic bedding luxurious enough for the finest resorts.

Toxic People At Work? Watch This.
Research shows that 4 out of 5 of us have dealt with toxic people in the workplace. Here’s why it’s such a problem, and what you can do about it.

The post Women Leadership: Latest Financial Topics from Forbes Magazine appeared first on TheTrendler.


Business: Latest Financial Topics from the NASDAQ

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People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo

Here is the latest Business News from the NASDAQ.

AUD/USD Minor Bounce from Support
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Recent comments regarding AUD USD noted that “AUD USD broke .7500 and has already reached estimated support in the .70 .72 area. Watch for signs of

NZD/USD .6900 Remains a Big Level
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Recent NZD USD comments noted that “NZD USD has broken channel support and re tested the line as resistance so focus is towards .6450.” NZD USD

USD/JPY Plunges from Former Support; Watch 107.60s
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts The last update noted that “the 105 handle is huge for USD JPY. The head and shoulders target is 115.26. The October 2014 low is 105.19

USD/CAD Pressing Highs into NFP
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Recent comments noted that “USD CAD reversed sharply last week. The low is at (exactly at) former channel resistance, which turned into support exactly one year

USD/CHF Consolidates after Bullish Wedge Breakout
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts The last update noted that “the near term picture is unclear although weakness from the November 2015 high is still a possible wedge. A break through

Gold Conslidates at Lows
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts “Bigger picture, gold completed a diagonal pattern (wedge) the week of February 12th. The objective from the pattern is the origin of the diagonal, which is

Crude Resistance is Up to 51 or So
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts “Crude is constructive as long as price maintains the bullish structure that has defined supports since early April. The October 2015 high is at 50.88, which

American Tower (AMT): Will Organic Growth Offset Headwinds?
On Jun 2, we issued an updated research report on leading international wireless tower operator American Tower CorporationAMT . The company reported strong financial numbers in the first quarter of 2016, with both the top and bottom line beating

USDOLLAR ’Better’ Resistance is Still 12040/60s
DailyFX.com Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts The USDOLLAR index has retraced half of the January May decline. Near term pressure is higher while the index is above the 5 26 low of

Marriott (MAR) Opens AC Hotel Guadalajara & Queretaro
Marriott International, Inc.MAR recently announced the opening of AC Hotel Guadalajara Mexico and AC Hotel Queretaro Antea. While AC Hotel Guadalajara comprises 188 rooms, AC hotel Queretaro Antea consists of 175 rooms. These two new properties belong to the

Blue Coat is back; Web securities firm files for an estimated $500 million IPO
Blue Coat, a Bain Capital backed network security and optimization solutions provider, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The deal size is likely a placeholder for an IPO

Better Buy: FireEye, Inc. vs. Check Point Software
FireEye, Inc. (NASDAQ FEYE) and Check Point Software (NASDAQ CHKP) each supply advanced appliances and software solutions in the field of cybersecurity. Check Point offers network and endpoint security and aims to “secure

Five Below Moves Above the Retail Fray
Image source Five Below. Retailers have had a tough time so far in 2016. Consumers seem reluctant to spend, even though gasoline prices remain low, and the positive impact on disposable income has

Instagram Is Borrowing Yet Another Facebook Strategy
Image source Instagram. Ever since Facebook (NASDAQ FB) purchased Instagram, the social media giant has been slowly morphing the photo and video sharing app’s business model to look more like its own.

Ciena Corporation Soars and Box Inc Slumps As Stocks Rise
Stocks opened with losses on Thursday but marched higher through the trading session to reach solid gains. The Dow Jones Industrial Average (DJINDICES DJI) rose 49 points by the closing bell, or 0.3%, and the

5 Buy-Ranked Tech Stocks Posting Huge Price Gains In May
” Sell in May and go away ” has not been the greatest move to make in 2016, especially if you’re heavily invested in tech stocks.  Indeed, the tech sector XLK yielded the highest returns out of all sectors

Why I Sold Verizon Communications Inc. But Kept AT&T Inc.
I once considered both Verizon (NYSE VZ) and AT&T (NYSE T) to be stable sources of income and solid defensive plays in tumultuous times. However, I recently decided to sell Verizon and keep AT&T, since

Under Armour Inc. Drops and Michael Kors Soars as Stocks Rise
Stocks managed the slightest of gains in their first trading session of June. On Wednesday the Dow Jones Industrial Average (DJINDICES DJI) rose by just two points to remain essentially unchanged. The S&P 500 (SNPINDEX

Google Wants You to Find Your Android Phone More Effectively
Alphabet’s (GOOGL) Google division already allows Android users to track their misplaced or stolen smartphones through both a search and by using the standalone Android Device Manager app. Today, the company is adding another method for users to check exactly

Next-generation cancer diagnosis: NantHealth prices $91 million IPO at $14 midpoint
NantHealth, which provides healthcare data solutions and plans to launch a new cancer diagnostic, raised $91 million by offering 6.5 million shares at $14, the midpoint of the range of $12.50 to $15.50. Existing shareholders, including CEO Patrick Soon Shiong

Eyes on the IPO prize: Clearside Biomedical prices upsized IPO below original range at $7
Clearside Biomedical, which is developing a combination drug device therapy for eye diseases, raised $50 million by offering 7.2 million shares at $7, as expected. The company revised the terms of the deal on Wednesday it originally planned to

8 Billionaires Just Bet on Facebook Inc. Stock
Multibillion dollar fund managers’ investment decisions aren’t always right, nor should investors blindly mirror a money manager’s trades. However, it is intriguing to monitor what the big hitters are buying or selling each quarter, which they are

Intel Corporation Buys a Computer Vision Startup to Aid Driverless Cars
Intel (NASDAQ INTC) recently  agreed to buy Itseez, a computer vision start up co founded by two of its former employees, for an undisclosed sum. Itseez develops algorithms which help automobiles “see” and avoid obstacles on

BOJ to write off government debt? Will it happen in 2 years time?
Bill Gross was on the wires last week ( Japan’s huge debt pile Bill Gross says there’s only 1 way out ) saying I think at some point, Japan will basically buy up all its

How Much Will Tesla Model 3 Supercharging End Up Costing?
Model S Supercharging. Image source Tesla. Now that we know that Tesla (NASDAQ TSLA) will indeed charge extra for Model 3 Supercharging, including both a pay per use model as well as

First Impressions of the New 365 by Whole Foods Market Inc. Concept
Image source Whole Foods Market “You should tell your work to build one of these near us.” My daughter after our visit to the new 365 store in Los Angeles My

RBNZ meet June 9 – Westpac tip an on hold decision (then cut in August)
Hot on the heels of HSBC forecast RBNZ will remain on hold at their June meetingWestpac Economics says RBNZ on hold at the June 9 meeting, but will cut the cash rate by 25bps in August

Jeff Ubben Nearly Exits Position in Adobe Systems
Jeff Ubben ( Trades , Portfolio ) of ValueAct Holdings made more transactions in the first quarter than he has made in a single quarter in a year, but more than half were reductions or divestitures of stakes in

The Sirius XM Bundle Thrives, Even as the Cable Bundle Dies
Source SiriusXM.com While streaming video options have cable TV subscribers ditching the big bundle in favor of cheaper so called skinny bundles, Sirius XM Holdings (NASDAQ SIRI) keeps attracting new users to

How LinkedIn Is Able to Consistently Increase Pricing
Image source LinkedIn. Pricing power is one of the strongest indicators that a company has an economic moat. If prices increase, and demand remains relatively stable, it’s a sure fire way to ensure

Foreign ETFs Bumped Up In NorthCoast Retirement Portfolios In May
NorthCoast Asset Management added investments in emerging market and Canadian ETFs to its retirement portfolios in May. The increased weightings came amid an upswing in oil prices . During the month, the firm continued to keep

Close Update: US Stocks Edge Higher Ahead of Payrolls Data
The main stock markets in the U.S. gained on Wednesday, with all three benchmarks just managing to pull ahead as the Nasdaq Composite closed at the highest level since April 18 and the Dow Jones Industrial Average reversed earlier

3 mREITs to Add to Your Portfolio on Positive Housing Data
Currently, though the U.S. economy may not have many economic stats in its favor, the housing market is certainly a major bright spot at the moment. Per the recent data provided by the Commerce Department, in Apr 2016, new

Defense Stock Roundup: Boeing Scores Multi-Billion-Dollar Contract, Loses on KC-46 Tanker Delivery Delay
Over the past one week, though defense primes smarted under market depreciations, it did not stop them from picking up big ticket programs from the Pentagon’s funding list. To that effect, Boeing BA secured a major contract from the

MDRX Crosses Above Key Moving Average Level
In trading on Wednesday, shares of Allscripts Healthcare Solutions, Inc. (Symbol MDRX) crossed above their 200 day moving average of $13.65, changing hands as high as $13.77 per share. Allscripts Healthcare Solutions, Inc. shares are currently trading up about

The post Business: Latest Financial Topics from the NASDAQ appeared first on TheTrendler.

Markets: Latest Financial Topics from the NASDAQ

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Traders work on the floor of the New York Stock Exchange in New York, U.S., June 1, 2016. REUTERS/Lucas Jackson

Here is the latest Market News from the NASDAQ.

Health Care Sector Update for 06/03/2016: TNXP, SHPG
Top Health care stocks JNJ flat PFE 0.2% ABT flat MRK flat AMGN 0.1% Health care shares were mainly unchanged in pre market trade on Friday. In health care stocks news, Tonix Pharmaceuticals ( TNXP ), a developer of

Head-Scratcher Time: BLS Jobs at 38K Well Short of Estimates
Friday, June 3, 2016 The much anticipated employment report from the Bureau of Labor Statistics (BLS) fell well short of estimates this morning 38,000 new jobs was all the U.S. economy in the month of May. This is more

Stock Market News for June 03, 2016
Benchmarks finished in the green on Thursday following encouraging U.S. private sector jobs data and gains in healthcare stocks. Moreover, late rebound in oil prices following a decline in crude inventories also boosted investor sentiment. All the three key

Health Care Sector Update for 06/03/2016: NURO,LBIO,IMMU
Top Health Care Stocks JNJ +0.41% PFE 0.76% MRK 0.94% ABT 0.39% AMGN 0.48% Health care stocks were underwater this afternoon, with the NYSE Health Care Index falling about 0.1% while shares of health care companies in the S&P

Why ArcelorMittal Is The Most Important Customer For Cliffs U.S. Iron Ore Sales
ArcelorMittal is the largest customer for Cliffs’ U.S. iron ore pellet shipments, accounting for over 50% of the company’s U.S. iron ore pellet shipments in 2015. With Cliffs’ existing agreements with ArcelorMittal set to expire by January 2017, the company

How Has Toyotas EPS Grown Over The Last Four Years?
Even though Toyota surpassed the 10 million units sold per year barrier during the 2013 2016 period, its revenue reported in dollar terms declined as the Japanese yen declined in value against the U.S. dollar. However, strong operational

What Percentage of Yelps Stock Price Can Be Attributed To Growth?
In this analysis, we quantify the percentage of Yelp’s ( YELP ) stock that can be attributed to growth. We know that a stock’s valuation can be highly influenced by future expectations of earnings growth. However, in theory, if a company

What Is The Potential Impact Of ArcelorMittals Recent Transactions Aimed At Debt Reduction?
With the steel industry characterized by weak demand and pricing, ArcelorMittal the world’s largest steelmaker has prioritized shoring up its balance sheet through debt reduction. The company has earmarked the proceeds of recently announced transactions such as a stake

What Percentage of Sirius XMs Stock Price Can Be Attributed To Growth?
Sirius XM’s stock has been rather stable over the past year so it’s worthwhile to figure out what portion of its value can be attributed to growth We know that a stock’s valuation can be highly influenced by future expectations

Key Takeaways From L Brands May 16 Performance Report
On June 2nd, L Brands released its monthly performance report for May 2016. the Victoria’s Secret comparable sales and merchandise margin rates for May remained weak on account of the repositioning of the Beauty segment, and the restructurings which

Health Care Sector Update for 06/03/2016: EBIO,LBIO,IMMU
Top Health Care Stocks JNJ +0.48% PFE 0.23% MRK 0.86% ABT 0.12% AMGN 0.11% Health care stocks were narrowly mixed just before the close, with the NYSE Health Care Index climbing about 0.1% while shares of health care companies

Market Close Report: NASDAQ Composite index closes at 4,942.52 down -28.84 points
Friday’s session closes with the NASDAQ Composite Index at 4,942.52. The total shares traded for the NASDAQ was over 1.68 billion. Declining stocks led advancers by 1.6 to 1 ratio. There were 1103 advancers and 1768 decliners for the

Health Care Sector Update for 06/02/2016: KITE, JNJ
Top Health care stocks JNJ flat PFE 0.4% ABT 0.3% MRK flat AMGN flat Health care shares were mainly unchanged in pre market trade on Thursday. In health care stocks news, Johnson & Johnson ( JNJ ) said Thursday

ADP Sets Table for Jobs Report with Gain of 173K
Thursday, June 2, 2016 This morning’s Automatic Data Processing, or ADP ADP , results for May has come out slightly ahead of expectations at 173K private sector jobs for the month. April’s total was revised upward 10K to 166K.

Stock Market News for June 02, 2016
Despite lackluster global manufacturing reports, benchmarks finished in the green following a late recovery in oil prices and higher than expected U.S. manufacturing data. Oil prices curbed most of their losses following possibilities that OPEC members might consider setting

Health Care Sector Update for 06/02/2016: DERM,PPHM,MBII
Top Health Care Stocks JNJ +1.04% PFE +0.26% MRK +0.13% ABT +0.59% AMGN +0.46% Health care stocks were broadly higher, with the NYSE Health Care Index jumping almost 0.9% while shares of health care companies in the S&P 500

What Percentage of Adobes Stock Price Can Be Attributed To Growth?
In this analysis, we quantify the percentage of Adobe’s ( ADBE ) stock that can be attributed to growth. We know, that a stock’s valuation can be highly influenced by future expectations of earnings growth. However, in theory, if a company

What Will Bank of Americas Loan Portfolio Look Like In Five Years?
Bank of America’s restructuring efforts since the economic downturn have resulted in an overall reduction in its loan portfolio, with the bank seeing year on year growth in only one category commercial loans between 2010 and 2015. With the U.S.

What Percentage of HPQs Stock Price Can Be Attributed To Growth?
In this analysis, we quantify the percentage of Hewlett Packard Incorporated’s ( HPQ ) stock that can be attributed to growth. We know, that a stock’s valuation can be highly influenced by future expectations of earnings growth. However, in theory, if a

What Has Driven Changes In Bank of Americas Earnings In The Last Five Years?
Bank of America has made substantial changes to its business model since the economic downturn to streamline its operations in the stricter regulatory environment. The bank refocused its operations in the U.S. (slashing its non U.S. presence especially in the cards business)

What Percentage Of Coachs Stock Price Can Be Attributed To Growth?
In this analysis, we quantify the percentage of Coach’s ( COH )  stock that can be attributed to growth. We know that a stock’s valuation can be highly influenced by expectations of future earnings growth. However, in theory, if a company sees no

Health Care Sector Update for 06/02/2016: AKAO,PPHM,MBII
Top Health Care Stocks JNJ +1.57% PFE +0.35% MRK 0.00% ABT +0.80% AMGN +0.91% Health care stocks were broadly higher this afternoon, with the NYSE Health Care Index adding about 1.1% while shares of health care companies in the

NASDAQ Composite Index closes up 4.2 points for the week, rising for the 7th straight day
Thursday’s session closes with the NASDAQ Composite Index 19.11 This is the 7th straight day of increase for the index. The total shares traded for the NASDAQ was over 1.73 billion. Advancers stocks led declining by 1.61 to 1

Health Care Sector Update for 06/01/2016: EVOK,AVEO,APHB
Top Health Care Stocks JNJ +0.23% PFE +0.33% MRK 0.16% ABT +0.30% AMGN +0.02% Health care stocks were posting mid sized gains this afternoon, with the NYSE Health Care Index posting a 0.5% increase while shares of health care

Market Close Report: NASDAQ Composite index closes at 4,952.25 up 4.20 points
Wednesday’s session closes with the NASDAQ Composite Index at 4,952.25. The total shares traded for the NASDAQ was over 1.9 billion. Advancers stocks led declining by 1.64 to 1 ratio. There were 1787 advancers and 1091 decliners for the

What Has Driven Master Cards EPS Growth In The Last Four Years?
Over the last four years, Master Card has grown its top line at a rate of 7% annually. This growth has come at the expense of a decline in the operating and pre tax margins. However, owing

Who Has Been Better At Inventory Management?
American Eagle Outfitters appears to be in the best shape in terms of inventory management, holding the lowest inventory per unit square feet and replenishing it the quickestHowever, in terms of improvement over the past four years, Abercrombie &

Are Gap Incs Stores Operating Efficiently?
Net Store Operating costs per unit square feet for Gap Inc is significantly lower than its counterparts Abercrombie & Fitch and American Eagle Outfitters, implying more efficient operationsMoreover, the running costs per unit square feet have declined in the

What Is The Share Of China And India In The Global Consumer Demand For Gold?
China and India are the two largest consumers of gold in the world. The consumption of gold jewelry is inextricably linked with cultural traditions in the two countries with gold considered auspicious at festivals and social events, such as weddings.

Hot Fun or Bummer in the Summer?
Tuesday, May 31, 2016 From this point forward, I will be replacing Zacks Director of Research Sheraz Mian for this Ahead of Wall Street feature. Sheraz moves to the soon to come Zacks Research Daily, which will showcase each

Stock Market News for May 31, 2016
Benchmarks finished in the green on Friday after Fed Chairwoman Janet Yellen said a rate rise might be appropriate in coming months. Increasing rate hike chances boosted financials stocks, which had a broader positive impact on key U.S. indexes.

How Would The Sale Of Freeports African Mines Impact Its Copper Mining Operations?
Freeport McMoRan recently announced an agreement for the sale of its interest in TF Holdings, which represents the company’s ownership interest in its African copper mines. The deal is expected to close in Q4 2016. Though the sale of

How Will Baker HughesRevenue And EBITDA Grow Over The Next Five Years?
The slump in commodity prices that began in the latter half of 2014 has hit Baker Hughes’ ( BHI ) revenue as well as profitability severely. The oilfield contractor’s revenue in 2015 dropped more than 35% compared to 2014, while its

What Will Bank of Americas 2016 Revenues and Profits Look Like By Division?
Bank of America has a well balanced business model, with roughly equal revenues from its five largest operating divisions. Operating margins of around 45% make the card and commercial banking divisions the largest drivers of the bank’s profits, while the

How Much Did The 5 Largest European Investment Banks Make Through FICC Trading In Q1?
The 5 largest European investment banks generated just under $6 billion in total FICC (fixed income, currencies and commodities) trading revenues over Q1 2016 32% lower than what they made a year ago. The global FICC trading industry has witnessed poor activity levels

Health Care Sector Update for 05/31/2016: TNXP, NTEC, STEM, JAZZ
Top Health Care Stocks JNJ 0.64% PFE 0.61% MRK +0.22% ABT 0.64% AMGN +0.15% Health care stocks were mixed in afternoon trading, with the NYSE Health Care Index slipping about 0.4% while shares of health care companies in the

Health Care Sector Update for 05/31/2016: APHB,NTEC,STEM
Top Health Care Stocks JNJ 0.28% PFE +0.14% MRK +0.71% ABT 0.41% AMGN +0.67% Health care stocks were narrowly mixed in late afternoon trading, with the NYSE Health Care Index slipping about 0.2% while shares of health care companies

Market Close Report: NASDAQ Composite index closes at 4,948.05 up 14.54 points
Tuesday’s session closes with the NASDAQ Composite Index at 4,948.05. The total shares traded for the NASDAQ was over 2.1 billion. Advancers stocks led declining by 1.27 to 1 ratio. There were 1613 advancers and 1273 decliners for the

Health Care Sector Update for 06/01/2016: HZNP, TBPH
Top Health care stocks JNJ flat PFE 0.3% ABT flat MRK flat AMGN flat Health care shares were mainly unchanged in pre market trade on Wednesday. In health care stocks news, Horizon Pharma ( HZNP ) announced Wednesday that

More Grist for the Mill: ISM, PMI, Auto Sales, Beige Book
Wednesday, June 1, 2016 May 2016 marked the third straight month in the green for S&P 500, though markets fell back Tuesday afternoon to close down a tad. But with many more results from economic data due today and

Stock Market News for June 01, 2016
Benchmarks ended mostly in the red on Tuesday following a cautious stance among investors ahead of the release of major economic reports this week. Decline in oil prices also had a negative impact on investor sentiment. However, all the

Health Care Sector Update for 06/01/2016: INNL,AVEO,APHB
Top Health Care Stocks JNJ +0.04% PFE +0.45% MRK 0.37% ABT +0.03% AMGN +0.19% Health care stocks were posting mid sized gains this afternoon, with the NYSE Health Care Index posting a 0.4% increase while shares of health care

The post Markets: Latest Financial Topics from the NASDAQ appeared first on TheTrendler.

Media: Latest Financial Topics from CNN Money

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Here is the latest Media News from CNN Money.

NPR photographer and interpreter killed in Afghanistan attack
Two members of an NPR news crew, David Gilkey and Zabihullah Tamanna, were killed on Sunday while traveling in southern Afghanistan. Two other journalists were unharmed.
Can ‘Teenage Mutant Ninja Turtles’ save box office from a summer slump?
“Teenage Mutant Ninja Turtles: Out of the Shadows” opens this weekend, and the turtles may have to save the summer box office.
Dick Morris joins The National Enquirer
Dick Morris, President Bill Clinton’s one-time adviser, has joined the National Enquirer as its chief political commentator.

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Vox suspends editor for encouraging riots at Donald Trump rallies
Vox has suspended editor Emmett Rensin for tweeting, “If Trump comes to your town, start a riot.”

‘Hamilton’ tickets as high as $10,000 on report Lin-Manuel Miranda is leaving
The cost of tickets to the Broadway play “Hamilton” have shot up to as high as $10,000 in a report that star Lin-Manuel Miranda is leaving the show on July 9.
Malcolm Gladwell unbound: His next work will be a podcast
The next work for Malcolm Gladwell, the author of “The Tipping Point” and four other books, will be a podcast called “Revisionist History.”
NBA Finals has highest rated Game 1 since 2001
The NBA Finals saw Steph Curry and the Golden State Warriors take Game 1 in a highly rated game for ABC.

‘UnREAL’ tackles the thorny issue of race in reality TV dating shows
Lifetime drama kicks off second season with a first African-American bachelor
Tribune Publishing rebrands as Tronc amid Gannett takeover bid
Tribune Publishing, the owner of The Los Angeles Times and The Chicago Tribune, will change its name to Tronc and rebrand as “a content curation and monetization company.”
Is Donald Trump using Bill O’Reilly’s playbook for dealing with media?
Donald Trump sounds a lot like Bill O’Reilly when he criticizes the media.

Gawker’s Nick Denton: There’s a ‘whole bunch’ of interest from potential buyers
Nick Denton says there’s a “whole bunch of inbound interest” in Gawker from potential buyers and he’s “looking at all possible outcomes” amid legal challenges by Peter Thiel.
Sheryl Sandberg: Peter Thiel will stay on Facebook’s board
At the Code Conference, Facebook COO Sheryl Sandberg said Peter Thiel would keep his board seat, despite the fact that he secretly financed Hulk Hogan’s lawsuit against Gawker.

15 questions with Arianna Huffington

Sony Pictures TV chairman Steve Mosko is leaving studio
Sony Pictures TV chairman Steve Mosko is leaving the studio after 24 years.
Donald Trump actually loves the media
Donald Trump’s attacks against the “dishonest media” belie the facts: He craves media attention, courts it doggedly, and consumes coverage of himself voraciously.
How Donald Trump’s image gained by losing ‘Friends’
NBC’s search to replace the hit sitcom “Friends” helped boost Donald Trump’s and ‘The Apprentice’s’ profile.
‘Hamilton’s’ Lin-Manuel Miranda on 2016: ‘It’s no more bizarre’ than election of 1800
Lin-Manuel Miranda, the star and creator of “Hamilton,” told Rolling Stone how he felt about the current election for president.

‘Homeland’ is secure for another three seasons
Showtime is finalizing a three-season renewal on “Homeland,” which would extend the critically acclaimed drama through an eighth season. It also announced plans for “Purity,” a new limited series that will star Daniel Craig.
Erin Andrews scores “Most Interesting” new gig with Dos Equis
Erin Andrews and Luis Guzman join Dos Equis ad campaign after “Most Interesting Man” blasts off to Mars.

Sumner Redstone’s granddaughter accuses aunt of ‘brainwashing’ him
Sumner Redstone’s granddaughter Keryn Redstone backs Viacom and accuses her aunt, Shari Redstone, of “brainwashing” the ailing media mogul.
LeBron James is truly ‘King James’ when it comes to NBA Finals ratings 
When it comes to ratings, the Cleveland star LeBron James is the NBA’s true MVP, especially during NBA Finals.
Jeff Bezos decries Trump for trying to ‘chill the media’
Sounding more like a newspaper owner than a Fortune 500 CEO, Jeff Bezos denounced Donald Trump’s attacks against the media on Tuesday night.
Shari Redstone fires back at Viacom
Shari Redstone says she has no interest in taking control of Viacom, rebutting accusations by the company’s board that she was planning a takeover of her father’s media company.
‘Marry Poppins’ sequel starring Emily Blunt, Lin-Manuel Miranda lands in 2018
“Mary Poppins Returns” will star Emily Blunt as Poppins and “Hamilton” star Lin Manuel Miranda.
Jan Crouch, co-founder of Trinity Broadcasting Network, dies at 78

Netflix rebounds on merger rumors and Disney deal
Netflix’s stock has been on a tear the past two weeks. Merger rumors may not pan out. But Netflix clearly has a chance to keep growing its subscriber count thanks to its own content — and Disney’s.

Glenn Beck suspended by SiriusXM
Read full story for latest details.

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Donald Trump’s ‘sleaze’ attack on reporter hits new level of media animosity
Donald Trump pointed at a reporter today and called him a “sleaze,” the latest attack on the press that Trump says he would continue if he’s elected president.
Warriors Thunder game 7 scores biggest NBA ratings in cable history
The Golden State Warriors and Oklahoma City Thunder Western Conference Finals game 7 brought big action and big viewership for TNT.
Katie Couric regrets “misleading” part of gun violence doc
Katie Couric says she regrets a “misleading” portion of “Under the Gun,” a new documentary that she produced and narrated.
Viacom directors dig in for fight for control of media giant
Viacom’s six independent directors are vowing to contest any attempt to oust them, arguing that overthrowing the board would be “inconsistent” with Sumner Redstone’s wishes.
‘X-Men’ takes top spot as ‘Alice’ flops at Memorial Day box office
“X-Men: Apocalypse” lead the way at the memorial day box office as “Alice Through The Looking Glass” flops.
Gawker has this billionaire in its corner
EBay cofounder Pierre Omidyar’s media firm First Look Media is rallying other media outlets in an amicus effort in support of Gawker.

‘X-Men: Apocalypse’ has DNA for box office success
“X-Men: Apocalypse” looks to bring in big numbers for 20th Century Fox this weekend at the box office.
‘The Dresser’ joins wave of pay TV featuring older talent 
Premium channels more open to projects that cater to older viewers starring actors like Anthony Hopkins, Ian McKellen, Patrick Stewart and Jane Fonda.
Gawker owner seeks a truce and a debate with Peter Thiel
Gawker owner Nick Denton wrote a long letter to Peter Thiel, the man who is bankrolling lawsuits against Gawker. He sought a truce and a debate.
Weighed down by characters, ‘X-Men: Apocalypse’ doesn’t take off
Read full story for latest details.
Gawker’s plan B: Bankers ready to arrange a sale
Gawker conceded Thursday that it has hired bankers to advise them on a possible sale as a “contingency” against multi-million dollars lawsuits filed against it.
Bob Iger fires back at Bernie Sanders: ‘How many jobs have you created?’
Disney CEO Bob Iger fired back at Bernie Sanders on Wednesday after the Vermont senator suggested The Walt Disney Company didn’t pay its employees a living wage.

‘Roots’ vividly revived for a new generation on History channel
The History channel’s “Roots” has changed dramatically from the ABC version that brought America to a virtual standstill nearly 40 years ago, but it is at times a moving version of Alex Haley’s story.

Peter Thiel: Financing lawsuits against Gawker is about ‘deterrence’
Billionaire tech entrepreneur Peter Thiel has confirmed long-held suspicions that he’s been secretly financing Hulk Hogan’s lawsuit against Gawker Media.
Trump campaign sends anti-Clinton plans to reporter
A Donald Trump campaign email was sent to a reporter indicating the Republican intends to target the Clintons’ 1990s Whitewater real estate deal next.
Katie Couric stands by ‘Under the Gun’ as director apologizes for misleading edit 
Katie Couric’s director apologized for misleading edit in gun documentary that made gun rights supporters appear unable to answer one of her questions.
‘The Americans’ renewed through sixth and final season at FX
“The Americans” had been renewed for two more seasons, which will mark the end of the critically acclaimed FX drama’s run.

The post Media: Latest Financial Topics from CNN Money appeared first on TheTrendler.

Money: Latest Financial Topics from CNBC

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Here is the latest Money News from CNBC.

Wealth equality debate fails to vilify Trump for being a billionaire: Author
U.S. billionaires are generally well-regarded around the world, and that’s helping Trump, says author.

The changing landscape of wealth management benefits investors over managers
Regulatory change and evolving technologies are changing thow investors access investment products and get advice.

Billionaire hedge fund manager tears down his $62 million mansion
Sick of your multimillion-dollar home? You could tear it down, as Steve Cohen did, according to the NY Post.

A man cave for the super rich: Ferraris included
There are man caves and then there are the MAN CAVES of the super rich.

Common millionaire myth debunked by study
A new report finds that millionaire taxes don’t really cause wealthy residents to flee. The Fiscal Times reports.

Birkin bags record $300,000 for a handbag at auction
That price was well over Christie’s estimate of $194,000 to $259,000.

This billionaire’s son has gone his own way…And is betting on mobile apps
The popularity of mobile apps may be waning overseas but they remain relevant in India, the CEO of Indian messaging app Hike told CNBC.

Race to the Hamptons: Chopper vs Uber
CNBC held a “race to the Hamptons,” pitting a Blade helicopter against an Uber XL.

Billionaire Tisch family to acquire stake in Roberta’s
A member of the Tisch family has a deal in the works to invest in Brooklyn restaurant Roberta’s, Eater reports.

Gawker CEO: I’m ‘slightly impressed’ by Thiel’s ‘Count of Monte Cristo’ revenge
Gawker’s Nick Denton says venture capitalist Peter Thiel’s attack on the site shows the power of the billionaire class.

Anonymous American pays millions for a slice of English history
The first four Folios of William Shakespeare’s “collected works” have sold for £2.479 million at Christie’s in London.

Annual flight to the Hamptons begins
CNBC’s Robert Frank reports Friday marks the start of the mass migration to the Hamptons in Long Island. And CNBC’s Kate Rogers takes a look at how the annual ritual has been transformed by new on-demand travel, specifically Blade, the “uber of helicopters.”

From meatballs to $21 million empire: How we launched a dining sensation
Meatball Shop’s Daniel Holzman and Michael Chernow built an empire on a simple dish. Now, their restaurants cook up more than $21 million a year.

Top 10 highest-paid CEOs
Here are the 10 highest-paid CEOs for 2015, as calculated by The Associated Press and Equilar, an executive data firm.

10 traits rich people have in common
America’s wealthy may have more in common with you than you think.

The $400,000 private jet of vans
If a Gulfstream V jet mated with a cargo van, their offspring would probably look something like the “Jet Van.”

Wealthy children don’t grow into the best leaders: Study
Children of wealthy families often grow up to become less effective leaders, a new study has found.

This $10M whiskey collection has a $250K crown jewel
Mahesh Patel’s $10 million whiskey collection contains a $250,000 bottle, but he says investors can start small.

Diego Rivera painting sells privately for $15.7 million
The private sale was facilitated by Phillips auction house.

If not a Koch bro, can the Libertarians find a sugar daddy?
After the Kochs denied backing the Libertarian Party presidential candidate, questions remain about big dollar support.

Steven Cohen wins dismissal of ex-wife’s divorce lawsuit
Steven Cohen won the dismissal of a lawsuit in which his ex-wife accused him of cheating her out of millions in their divorce.

Watch as million dollar homes take over big cities
The share of million dollar homes has nearly doubled in the last four years, according to Trulia.

These expensive neighborhoods showed up the most in the Panama Papers
Most of the American addresses released in the Panama Papers are personal residences in high-income ZIP codes.

Rare blue diamond becomes most expensive diamond ever auctioned
A 14.6-carat blue diamond auctioned at a Christie’s in Geneva for $58.2 million, becoming the most expensive diamond ever auctioned.

Hottest investment among America’s millionaires: Pretty much nothing
Millionaires are down on the stock market and economy, with an investing outlook showing more fear than confidence.

Luxury real estate’s new weapon: Celebrity brokers
In the escalating arms race of luxury real estate, sellers have a new, not-so-secret weapon: Celebrity brokers.

China’s ‘Buffett’ who briefly went missing in Dec. says things ‘back to normal’
China’s Fosun has a plan to reduce its debt, according to its chairman Guo Guangchang.

It’s ‘a disgrace’: This is how much more CEOs make than workers
The average pay for a CEO was $12.4 million dollars in 2015, 335 times the pay of a rank-and-file worker.

The biggest obstacle to breaking up the Wall St banks? CEO pay
Keeping big banks from being broken up is great for their CEOs, according to one analyst report.

Millionaire investors say this candidate is better for markets: CNBC Survey
Millionaire investors said a win by this candidate would be a better investing opportunity.

Most US stock market investors don’t pay taxes on gains: Report
Only about a quarter of U.S. stocks are owned by people who pay taxes on their gains, according to new analysis.

Buffett: I may help bankroll Dan Gilbert’s bid to buy Yahoo
Berkshire Hathaway has offered to be a potential finance partner for Dan Gilbert’s bid to buy Yahoo, Warren Buffett says.

Birthday boy Mark Zuckerberg’s fortune equates to $4M for every day of his life
Facebook’s Mark Zuckerberg has made more than any other CEO based on his age and current net worth.

Why millionaires like Clinton and Sanders better than Trump
They may be rich like Donald Trump, but millionaires won’t give him their vote, a new survey finds. Margie Omero explains why that’s a bad sign.

Frida Kahlo painting sells for over $8M
A Frida Kahlo painting has sold for just over $8 million at auction, a world auction record for the late Mexican artist.

The best luxury investments of 2015 were…
Classic cars and rare coins maintained their status as the world’s best-performing luxury assets, according to a new report.

The post Money: Latest Financial Topics from CNBC appeared first on TheTrendler.

Personal Finance: Latest Financial Topics from The New York Times

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Here is the latest Personal Finance News from The New York Times.

What to do when you need money and don’t have the cash at hand
Without a rainy day fund, taking out a personal loan or line of credit may be the way to go.

The truth about whether you’ll be able to retire by age 70
Americans are retiring later, but that’s not the whole story.

John Oliver takes a bite out of medical debt, but for 43 million it still hurts
Medical debt got paid for nearly 9,000 consumers, courtesy of TV host John Oliver.

A 105% return! Home improvement projects that really pay off the most
Home improvement is costly, but it pays in the end. CNBC looks at the kinds that have the best returns and value.

Hey Jamie Dimon, these are the auto-loan borrowers who are likely to get hurt
Jamie Dimon sounded the alarm on auto loans. Who’s getting hurt? Co-signers, according to a new CreditCards.com survey.

These four mistakes can prevent you from becoming a 401(k) millionaire
Here’s how to make the most of your workplace retirement plan.

How to get in on the next Uber without getting burned
How not to get burned investing in start-ups.

Turns out plenty of folks are satisfied with retirement—here’s why
Many of today’s retirees are a surprisingly happy lot. Often it’s because of this key money move.

Before turning to a payday lender, try these alternatives for fast cash
The Consumer Financial Protection Bureau has proposed new rules on payday lending. Here’s how to make these loans a last resort.

Ready to sell your business and retire? Run through this checklist first
CNBC’s Sharon Epperson offers tips on how to retire from the business you spent a lifetime building.

Here’s how to pay for college this fall
Tuition bills are ahead for parents of incoming college students. Plan wisely to minimize debt and maximize tax breaks.

What you don’t know about Medicare could cost you a bundle
From how to enroll to which options to choose, what you don’t know about Medicare could cost you.

One way investors can have their cake and eat it, too
Investors are catching on to the passive-active investment management compromise, a recent study concludes.

Want $17,000 off your student loans? There’s an app for that
Your student loan debt clock starts ticking as soon as you receive your diploma. A number of apps and websites can help.

A shocker! Your retirement finances may be in better shape than you think
Almost half of Americans are worried about rising living costs in retirement, but their fears may be overblown.

The scary switch that happens to investors over age 60
As you age, the faith you have in your financial skills might be deceiving, a study concludes.

Americans may be winning the retirement-readiness race
Americans’ retirement preparedness is getting better. Here’s why.

Johnny Depp didn’t have a prenup, but you probably should
Johnny Depp and Amber Heard are divorcing, and reportedly don’t have a prenup. Don’t make that mistake.

This serpent-like malware lies dormant until you access your bank account
New malware has been used against banks in the U.S., Canada and Europe, bilking customers out of about $4 million.

Fearing the digital divide: Even older millennials are now feeling it
The digital divide, once the province of older workers, is now forcing older millennials to catch up.

Use these money moves to make sure taxes won’t crush your retirement
Big tax bills can crimp retirement more than you expect. These moves should help.

Homebuying may trigger the dangers of the ‘debt domino effect’
Consumers who apply for a new mortgage are more likely to open a new credit card and buy a car, a study says.

Forget airline fees: This is what’s likely to bust your summer vacation budget
Cheap airfares and gasoline are enticing more people to travel — pushing up hotel prices as a result. Here’s how to save.

White-water rafting and other fresh summer job options for teachers
Teachers who need a fun summer job don’t have to teach summer school.

10% annual returns? These military perks might surprise you
Long deployments can be tough for members of the military and their finances. These special benefits programs can help.

If you paid anything to check your credit score, you’ve spent too much
There’s no need to pay to check your credit. Discover is the latest company to offer free credit scores for all.

The post Personal Finance: Latest Financial Topics from The New York Times appeared first on TheTrendler.

Real Estate: Latest Financial Topics from CNBC

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Here is the latest Real Estate News from CNBC.

Housing deja vu: Bank requires only a few mortgage documents
A community lender is offering “Lite Doc” loans, requiring only job verification and two months of bank statements.

House flipping heats up, creating ‘home price pressure cooker’
Home flipping is back — its share of all home sales is up 20 percent in the first three months of this year.

Mortgage applications drop 4.1% over Fed rate uncertainty
Applications to refinance a loan and to purchase a home fell last week, as interest rates maintained a slow climb.

Nearly 7 million homes at hurricane risk this season: Report
The hurricane season is here, and a report says rebuilding from storm surges this year could cost $1.5 trillion.

Get really fit by hitting the basement
Thousands of offerings, from cardio to core, back to butt, are in demand and on-demand, streaming on smart TVs, tablets and laptops.

Wells Fargo launches 3% down payment mortgage
The nation’s largest lender is offering a new mortgage with a 3 percent down payment requirement. What gives?

Obamas’ next home: 9 bedrooms in upscale Washington neighborhood
The mansion in Washington’s upscale Kalorama neighborhood is owned by former Clinton aide Joe Lockhart. The NYT reports.

Homebuying, not refinancing, drives mortgage applications up 2.3%
Slightly higher mortgage rates did not deter homebuyers looking for a loan last week.

Higher home sales, prices drive Toll Brothers revenue beat
Toll Brothers’ revenue rose nearly 31 percent, as the company sold more luxury homes at higher prices, mainly in the West market and California.

Facebook’s Zuckerberg plans to demolish and rebuild his four-home complex
Mark Zuckerberg’s residence is set for an overhaul, with plans to downsize surrounding houses, according to documents.

Low supply plagues spring housing: Here’s where it is worst
The number of homes for sale drops as demand outstrips supply and potential sellers bow out.

New home sales race to 8-year high, prices soar
Prices hit a record high, offering further evidence of a pick-up in economic growth early in the second quarter.

Sam Zell: I’m a seller in this market, but I’m buying THIS
Sam Zell said he’s investing less because he sees fewer opportunities and selling more because he doesn’t get buyers’ optimism.

US retailers are following the $$$ to these locations
American retailers already operate in more foreign countries than Asian and European retailers do, but the gap is now widening.

Millennials may not be buying homes, but more are selling them
The housing crisis thinned the ranks of Realtors, but a new guard is signing up, younger folks who want to sell you a house.

Why homesellers are pulling back in this busy season
Homesellers are hesitant to list their homes this spring because of anxiety about finding a desirable home to buy.

For homebuilders, new regulations mean no new starter homes
An increasing amount of new regulations is hurting business, say some of the nation’s biggest homebuilders.

Worried about home prices? Here’s who to vote for
Zillow surveyed housing experts to see which of the presidential candidates would be best for the housing market.

Lowest rates in a year no enticement: Mortgage applications down 1.6%
Mortgage rates remained close to the lowest levels in a year, but that didn’t push homebuyers to take the plunge.

‘This is a tough market’: Homebuilder Lennar CEO
Homebuilders gathered for a conference Tuesday say their tepid pace is in response to cautious consumers in housing.

April housing starts up 6.6%, CPI up 0.4%
CNBC’s Rick Santelli breaks down the latest numbers on housing and consumer prices. And CNBC’s Steve Liesman and Diana Olick provide insight to the housing market.

Homebuilder sentiment unchanged for four months
A monthly index of sentiment by the National Association of Home Builders registered 58 yet again in May, the same as April.

The post Real Estate: Latest Financial Topics from CNBC appeared first on TheTrendler.

Bits Special Section: Online Reviews? Researchers Give Them a Low Rating

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Here is the latest Small Business News from The New York Times.

Bits Special Section: Online Reviews? Researchers Give Them a Low Rating
Consumer reviews have become increasingly popular both online and off, but they may not be the reliable indicators of quality one might expect.

Entrepreneurship: Tech Incubators on a Mission of Diversity
Several start-ups have dedicated themselves to creating programs, incubators or accelerators to train blacks and Hispanics for tech jobs.

On Money: Behind the Gold Curtain of Donald Trump’s Résumé
Donald Trump promises to bring a business acumen to Washington, but his actual ventures reveal more — or, rather, less — than he intends.

First Words: Is the Election ‘Rigged’?
Talking about politics in terms of cheating reflects widespread frustration — and may also create it.

A Renegade Muscles In on Mister Softee’s Turf
In a recent battle for Midtown Manhattan, a prime selling spot, Mister Softee says he has been pushed out by New York Ice Cream.

Wealth Matters: Needing Cash, Some Small Business Owners Bypass the Bank
For some entrepreneurs, growing their businesses has a lot to do with their risk tolerance and how they think about cash flow and partnerships.

Entrepreneurship: No Venture Capital Needed, or Wanted
Although rare, start-ups have become multimillion-dollar businesses by bootstrapping financing themselves.

Four Questions: The Suit Maker Whose Clients Include Jay Z and LeBron James
Guy Wood, the custom tailor, also runs his own men’s clothing shop, Harlem Haberdashery.

One-Thing Shops: One-Thing Shops: Soda, Los Angeles
Galco’s in Highland Park, which opened in 1897, carries over 750 varieties and draws visitors from around the world.

New Crop of Companies Reaping Profits From Wasted Food
With as much as 40 percent of the American food supply going into the trash, food waste has become a platform for commerce.

Entrepreneurship: Drones Pique the Interest of Entrepreneurs
Start-ups are offering services from news gathering and real estate photography to monitoring of farm fields. But the rules are still being written.

Work a Little, Play a Little: A New Retirement Strategy
The interest in “consulteering” — fusing a life of consulting,volunteering and leisure time — is one sign that traditional retirement no longer satisfies as many older people as it once did.

Cultural Studies: The Age of Consignment
Online stores like Material Wrld, the RealReal and other resale sites aim to make “refreshing” your possessions ever easier.

White House Increases Overtime Eligibility by Millions
A rule to be issued by the Labor Department will state that most salaried workers earning up to $47,476 a year must receive overtime pay when they work more than 40 hours.

Start-Ups Once Showered With Cash Now Have to Work for It
Instead of venture capitalists begging to invest in start-ups, entrepreneurs are begging for cash, and potential investors are making demands.

Entrepreneurship: Small Businesses Worry About Adjusting for Overtime Rules
Many business owners are accustomed to dealing with a scrappy work culture. An hourly time-tracking system may change that.

Long Island Cafe Offers Job Opportunities for Disabled Adults
The Cause Cafe, which opened recently, offers job training for people with cognitive disabilities, like autism, who have limited options once they age out of public schools.

Price for a Green Card: $500,000 Stadium Stake
A Major League Soccer franchise owner is promoting a federal program that benefits those who contribute at least $500,000 to infrastructure projects.

Start-Ups Embrace Arbitration to Settle Workplace Disputes
As new companies grow, they are relying on a tool used by big corporations to shield themselves from potentially expensive class-action court cases.

New Crowdfunding Rules Let the Small Fry Swim With Sharks
Starting Monday, new regulations will permit anyone, not just the moneyed, to invest in small companies in exchange for a stake in the business.

Fraud Charges Mar a Plan to Aid a Struggling Vermont Region
Two businessmen have been accused of perpetrating the biggest fraud in state history, throwing investors’ immigration status into doubt and leaving a hole in the ground.

Entrepreneurship: Crowdsourcing to Get Ideas, and Perhaps Save Money
To innovate, business owners are turning to the masses instead of consultants or focus groups.

Dining | New Jersey: Vintners Discover Their Terroir in Cape May
Known more for its beaches and Victorian-era hotels than for its vineyards, the peninsula is gaining a reputation for its grapes.

Brooklyn’s Wearable Revolution
The borough is becoming the East Coast’s Silicon Valley, with a new development in the Navy Yards and another in Sunset Park.

Agriculture Start-Ups Get Boost From Big Firms and Investors
The AgTech Accelerator being started in North Carolina has backing from two big companies, Bayer and Syngenta, as well as venture capital firms.

Building an Estate Sale Business by Franchising a Name and Brand
The business of estate sales is largely unregulated and fragmented. One company aims to establish credibility via franchising.

Itineraries: Start-Up Airline Idles on a California Runway, Stymied by Bureaucracy
California Pacific Airlines has been waiting for years for Federal Aviation Administration certification. Its 95-year-old owner is getting impatient.

The post Bits Special Section: Online Reviews? Researchers Give Them a Low Rating appeared first on TheTrendler.


FBI gun background checks headed for another record year

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Here is the latest Company News from CNN Money.

FBI gun background checks headed for another record year
As a terrorist in Orlando took 50 lives on Sunday, marking the deadliest mass shooting in U.S. history, gunmakers may see a sales spike.
SeaWorld offers ‘thoughts and prayers’ after mass shooting in Orlando
The mass shooting in Orlando caused some of the city’s theme parks to respond.

Orlando shooter worked for global security firm
Omar Mateen’s employer said Sunday it was ‘shocked and saddened’ by news that he killed 50 people at an Orlando, Florida, nightclub.
Chipotle dethroned as America’s favorite Tex-Mex brand
Chipotle loses top billing as the strongest Mexican-style restaurant chain to Moe’s Southwest Grill and Taco Bell.

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These airlines are about to start flying to Cuba
Get ready to book your flight to Cuba. Six U.S. airlines received government approval to fly to Cuba.

Aeropostale gets a $160 million lifeline
Aeropostale wins bankruptcy court approval for a $160 million loan in another effort to turnaround the troubled teen retailer.
Banks having worst start to a year since 2011
Bank of America, Goldman Sachs and Citigroup are all having a terrible 2016. Big banks are under heavy pressure from insanely low bond rates around the world.
Tesla releases cheaper version of Model S
Electric car fans looking to save a few bucks just got a break.
Why China wants U.S. military jet engines 
A recent conviction in a Florida court hints at how far China might be willing to go to get its hands on high-tech U.S. jet engines to beef up its military capabilities.

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Facebook now lets you comment with a video
Facebook has made it possible for users to upload a video when commenting on a post.
21 states sue Delaware over millions in uncashed checks
Attorneys General from 21 state charge Delaware wrongly holding onto at least $150 million from uncashed checks.
Google wants to beam super-fast Wi-Fi into your home
Google is looking into technology that allows high speed internet access to be beamed directly to customers.

No more kids on Tinder
Tinder won’t let minors under 18 use its match app anymore.

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Viacom determined to sell Paramount, despite Redstone objections
An ongoing legal drama and opposition from Sumner Redstone’s representatives won’t stop Viacom from moving forward with its plans to sell a stake in Paramount Pictures.
123456 is the most common password in a massive Twitter heist
Read full story for latest details.

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Disney CEO: U.S. taxes are ‘too high’ and ‘ridiculously complex’
Disney CEO Bob Iger thinks companies — including his — are simply paying too much in tax to Uncle Sam.

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Getting OLD but want to be SLIM? There are ETFs for that
Janus launched four new thematic ETFs to reflect that Americans are getting older and fatter — even though many of us are tyrying to eat healthier and work out more often.

Dell really wants you to work from home … if you want
Dell is aiming to have 50% of employees work from home either full-time or a few days a week by 2020.
Disney CEO: China is tough but a ‘great opportunity’
Disney CEO Bob Iger says China is challenging but still offers a great opportunity to grow.
Nasdaq back near 5,000. Tech rebound? Not exactly
Read full story for latest details.
Layoffs in aisle 4! Retailers are big job killers
Macy’s, Nordstrom, Ralph Lauren and other big retailers have been laying off workers this year due to disappointing sales. Only the struggling energy sector has cut more jobs than retail.
South Dakota corn may be fueling your next flight
Two Alaska Air planes have completed commercial flights powered by a mixture of traditional jet fuel and a biofuel made from corn.
The 10 most valuable brands of 2016
Move over Apple! Google is now the most valuable brand in the world, according to a BrandZ ranking.
Keurig discontinues Kold brewer and offers refunds
Keurig is discontinuing its Kold brewing system after just 10 months on the market. The company will also cut 130 jobs as a result of discontinuing the product.

Big time lawyers get first pay raise in nearly a decade
Read full story for latest details.

Walmart investors are smiling once again
Walmart’s stock is surging this year while most retailers have struggled. Investors like the company’s renewed focus on price and efforts to become a bigger player in digital and mobile shopping. But can Walmart take on Amazon and win?
Lululemon founder says company has ‘lost its way’
Lululemon founder and shareholder Chip Wilson is angry. He thinks that lululemon is losing ground to rivals Nike and Under Armour and he’s not happy the company didn’t give him a chance to speak at its recent shareholder meeting.

Ralph Lauren on his company: ‘My baby has to grow up’
Ralph Lauren says restructuring will cost $400 million, but doesn’t detail how many jobs will be cut or stores will be closed.
Company close to U.S. approval for first private moon shot
Moon Express is awaiting word on application to be the first private company to launch a lunar probe sometime in late 2017.
Gun stocks slump as background checks fall
Smith & Wesson and Sturm Ruger stocks fall after FBI data shows month-to-month slowdown in background checks.
Jamie Dimon to Americans: ‘You’re being manipulated’
JPMorgan CEO Jamie Dimon is growing increasingly alarmed by the “terrible” rhetoric of this election season — and he blamed elements of the media for further inflaming voters.

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John Oliver makes ‘TV history’ by forgiving $15 million in medical debt
John Oliver forgave nearly $15 million of medical debt with a tap of a giant red button on Sunday night.

Burberry CEO gets 75% pay cut
The boss of Burberry Christopher Bailey got a 75% pay cut after the British luxury brand saw its profits slump and shares tumble.
Verizon’s ‘can you hear me now’ guy joins Sprint
Those famous ‘Can you hear me now?’ commercials are back. But this time, they’re pitches for Sprint, not Verizon.

Investors still greedy despite job market woes
Stocks fell after a disappointing jobs report. But CNNMoney’s Fear & Greed Index still shows signs of Extreme Greed. Can that last? The gold and bond markets are flashing signs of weakness and recession fears are even rising.

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Delta is making all in-flight entertainment free
Delta Airlines will start offering its suite of onboard entertainment for free for all fliers starting July 1.
Hooray! Bank gives employees Friday nights off 
Credit Suisse is trying to soften its workaholic image by giving investment bankers Friday nights and Saturday nights off. The new policy is part of an effort to improve employees’ notoriously rough work-life balance.
Facebook plans for life after Zuckerberg 
Facebook is starting to think about the time when Mark Zuckerberg will no longer be at its helm.

Roger Enrico, former ‘Cola King’ at PepsiCo, has died
Enrico, who led PepisCo during the Cola wars against Coca-Cola and recruited Michael Jackson for an ad campaign, died at age 71.
Tribune Publishing rebrands as Tronc amid Gannett takeover bid
Tribune Publishing, the owner of The Los Angeles Times and The Chicago Tribune, will change its name to Tronc and rebrand as “a content curation and monetization company.”

Jamie Dimon: This is the ‘biggest disgrace’ in America
Dimon in Detroit pointed to the more than 5 million open jobs in the U.S. right now, near a record high. With some 8 million unemployed Americans, the problem is a skills gap. Dimon argues the failure to educate America’s youth with the skills needed to get these jobs is the ultimate societal failure.
This airline is slashing checked bag fees
Ryanair is reducing some of its checked baggage fees.

Lawsuit questions Oracle’s accounting. Stock dives
A former employee of tech giant Oracle sued the company for false accounting practices in its cloud service business. Oracle denies the allegations.
OPEC again fails to agree on oil output ceiling 
Read full story for latest details.
Tough times for auto stocks as Uber rules the world
Auto sales slumped in May. The sector may be cooling off as gas prices start to rise — and Uber continues to attract more customers who aren’t as interested in owning their own cars.

Walmart’s Smiley is back after 10 years and a lawsuit
Smiley returns to Walmart after a lengthy trademark war with Belgian designer.

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Iraq war veteran claims Trump University fired her for serving in the Army Reserve
Deposition in Trump University lawsuit includes claim by Iraq war veteran that she was fired after bosses objected to her Army Reserve service.

Google teaches self-driving cars to honk their horns
Google teaching self-driving cars how and when to honk their horns at human drivers and pedestrians.
Now Europe loves Uber and Airbnb
European regulators are telling EU member states to stop banning sharing economy businesses such as Uber and Airbnb.

Toy jewelry kit recalled for lead threat
Cra-Z-Jewelz toy jewelry kit imported from China recalled due to high lead level.
Sony Pictures TV chairman Steve Mosko is leaving studio
Sony Pictures TV chairman Steve Mosko is leaving the studio after 24 years.

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Rental companies now have to repair recalled cars
New federal law prohibits rental cars companies from renting out cars that had been recalled before they are repaired.

New cars still being built with flawed Takata airbags
Senate report says four automakers – VW, Toyota, Fiat Chrysler and Mitsubishi – are still using Takata airbags that are expected to be recalled in the future.
Sumner Redstone’s granddaughter accuses aunt of ‘brainwashing’ him
Sumner Redstone’s granddaughter Keryn Redstone backs Viacom and accuses her aunt, Shari Redstone, of “brainwashing” the ailing media mogul.

Erin Andrews scores “Most Interesting” new gig with Dos Equis
Erin Andrews and Luis Guzman join Dos Equis ad campaign after “Most Interesting Man” blasts off to Mars.
Sports Authority closing hurts sneaker sales
Under Armour warned that the bankruptcy and closing of Sports Authority will hurt its sales this year. Investors are worried about what this means for the company … and its top rival Nike.

‘Star Wars’ Propshop selling made-to-order melted Vader helmet
‘Star Wars’ prop replicas for sale, including Chewbacca’s bowcaster.
Microsoft unveils its new vision for Windows
Microsoft announced Windows Holographic, a software platform that enables VR and AR gadgets to work together, even if they’re made by different manufacturers. Think of it like the Windows operating system, but for virtual reality.

Popular: Radical Islam in America | Graham Opposes Republican Leader | Guns in America
Valeant CEO gets $9 million golden parachute
Valeant CEO Michael Pearson got a $9 million severance and consulting fees.
Tesla CEO Elon Musk vows to do better
Musk said that instead of focusing on vehicles right now, he’s taken a step back to think more about the manufacturing process as a whole.
UnitedHealth to exit California’s Obamacare market
Read full story for latest details.

Shari Redstone fires back at Viacom
Shari Redstone says she has no interest in taking control of Viacom, rebutting accusations by the company’s board that she was planning a takeover of her father’s media company.
Netflix rebounds on merger rumors and Disney deal
Netflix’s stock has been on a tear the past two weeks. Merger rumors may not pan out. But Netflix clearly has a chance to keep growing its subscriber count thanks to its own content — and Disney’s.

NBA Finals: Under Armour’s Steph Curry vs Nike’s LeBron James
Forget the Warriors and Cavaliers. The teams really fighting for domination in NBA Finals are Under Armour and Nike.
SodaStream brews up a make your own beer machine
The do-it-yourself carbonated beverage company is now trying to tap into the emerging home brewing market. But can SodaStream successfully take on the likes of Anheuser-Busch InBev and Molson Coors?

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Report slams Walmart for ‘exploitative’ conditions in Asia factories
Worker rights group says Walmart, H&M and Gap still exploit sweatshop workers in Asia, three years after deadly factory collapse in Bangladesh.

Nestle’s ?100 million bet on milk allergy tests
Nestle is investing in developing a new milk allergy test for babies with the French biopharmaceutical firm, DBV Technologies.
Facebook and Twitter pledge to remove hate speech within 24 hours
Facebook, Twitter, YouTube and Microsoft are teaming up with the European Union to crack down on online hate speech.

Popular: Radical Islam in America | Graham Opposes Republican Leader | Guns in America
This is the new dream job for Chinese business students
China’s huge state-owned banks are losing their appeal as the most desirable places to work for Chinese business students, according to a new survey.

Pizza Hut is dropping two chemicals from its food
Read full story for latest details.
Now Starbucks is serving ‘Nitro brew’ coffee from a tap
Starbucks is bringing its bubbly “Nitro” cold brew to major cities across the U.S. this summer.
Striking Verizon workers score raise and bonuses
Unionized Verizon workers who had been striking since mid-April will return back to work on June 1 after negotiating a healthy pay raise and bonus.
Coke debuts ‘proud to be an American’ cans
Coke debuted limited edition “proud to be an American” cans in collaboration with the USO.
Invasive lionfish now on Whole Foods menu – sans poisonous spines
Whole Foods in Florida is selling lionfish meat to help cull the invasive species.
Oil company plots second bankruptcy in 9 months
Hercules Offshore on Friday said it plans to file its second Chapter 11 filing since August due to financial stress caused by the crash in oil prices.

15 top-paid CEOs
The 15 highest-paid corporate chiefs in America made nearly $700 million last year — about $47 million apiece on average. Expedia’s Dara Khosrowshahi tops the list — with $95 million in total pay.

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Verizon reaches deal with 36,000 striking workers
Verizon and its striking labor unions reached an agreement in principle on Friday to end the massive strike involving 36,000 workers. It’s the biggest strike in the U.S. since 2011.

Ad tycoon Jean-Claude Decaux, pioneer of self-cleaning public toilets, dies at 78
Jean-Claude Decaux, the French businessman who produced the first automatic public toilets, died at the age of 78.
Wells Fargo is offering mortgages with 3% down payments
Wells Fargo rolled out the yourFirstMortgage program that offers conventional home loans with down payments as low as 3%.

French gas shortages fuel interest in electric cars 
Electric car makers, including Renault and Citroën, are taking advantage of France’s gas shortages to promote their vehicles.

McDonald’s raided by French police in tax probe
French police raided McDonald’s headquarters in France last week as they crack down on corporate tax avoidance.

Abercrombie & Fitch still has big problems
Abercrombie & Fitch reported a loss of $40 million, along with declining sales. The teen fashion brand’s stock plunged 12% on Thursday.

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Don’t shine on you crazy diamond? Jewelers slump
Tiffany and Signet — the owner of mall-based chains Jared, Kay and Zales — are struggling. Wall Street is worried about retail in general, and the rising price of precious metals won’t help.

Gawker’s plan B: Bankers ready to arrange a sale
Gawker conceded Thursday that it has hired bankers to advise them on a possible sale as a “contingency” against multi-million dollars lawsuits filed against it.
Billions at stake in Google’s battle with Oracle
A jury is currently deliberating a landmark court case between Google and Oracle that has broad implications for the software industry — and could force Google to pay Oracle billions of dollars.

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Google’s plan to kill passwords
Google is hoping its new ‘Trust API’ technology could kill off traditional typed passwords on smartphones.

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Will gun sales keep going up if Hillary Clinton wins?
The NRA may hate them, but President Obama and Hillary Clinton are very good for gun sales.

Sears may sell Kenmore and Craftsman brands
Read full story for latest details.
Disney nixes happiest currency on Earth
Disney announced that it will no longer print or sell its own currency in its parks and resorts.

Sumner Redstone’s Viacom battle, how did it get so bad?
Shari Redstone seems to be at the center of the turmoil engulfing Viacom and her father Sumner Redstone.
The housing market is suddenly hot again
Home sales are surging and prices are at a record high. That’s led consumers to splurge at Home Depot and Lowe’s. Is this a sign that the economy is finally picking up steam … or the beginning of another bubble?
One in three gas stations in France is running dry
Read full story for latest details.

Verizon strike is hurting its stock
As the Verizon workers’ strike continues to drag on, shares of the telecom giant have lagged the broader market — as well as top competitors AT&T and Comcast.
Google is going to start showing you more ads 
Google is growing its ads — in number and in size.

Netflix faces quota: 20% of shows and films must be made in Europe
The European Union is looking to impose new quota on services like Netflix, iTunes and Amazon, forcing them to dedicate at least 20% of their catalogs to European content.
Microsoft plans another 1,850 job cuts in phone business
Read full story for latest details.

Shell is cutting another 2,200 jobs
Shell will cut another 2,200 jobs as it tries to cope with “lower for longer oil.”
Can BuzzFeed News survive the shift to video?
The success of BuzzFeed’s video is some concerned that it could be trouble for BuzzFeed News.

Gawker seeks rematch with Hulk Hogan
Down but not out after a staggering verdict, Gawker Media is itching for a rematch in its legal battle with Hulk Hogan.

GoPro surges after Red Bull invests in it
GoPro gets a much needed caffeine jolt after Red Bull announced a partnership with and investment in the action camera maker.

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US small business confidence rises modestly amid sales worries

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Here is the latest Economic News from CNBC.

US small business confidence rises modestly amid sales worries
Small business confidence edged up amid growing concerns about weak sales growth, which are hurting spending on goods and inventory investment.

Mortgage applications jump 9.3% as rates fall
Last week’s weak jobs report pushed interest rates lower, but the desire for mortgages was already on the rise.

JOLTS: 5.8 million job openings vs 5.7 million expected at end of April
There were 5.8 million job openings in April, beating analyst expectations of 5.7 million, and up from 5.76 million job openings in March.

‘Frightening’ number of unemployed have stopped looking for work
Nearly half of the unemployed have quit looking for work and the numbers are even worse for the long-term jobless.

Janet Yellen probably just signaled two rate hikes this year
If Janet Yellen has her way, there likely will be two rate hikes this year, contrary to current market expectations.

Fed chair: Here’s what we’re asking ourselves
Fed Chair Janet Yellen struck a generally positive tone on the U.S. economy — despite Friday’s weak jobs report.

Fed, again, left with egg on its face as recovery falters
All that hawkish Fed talk in recent weeks seemed kind of silly after Friday’s dismal jobs report.

Wait: The US may have actually LOST jobs in May
As if the May jobs picture wasn’t bad enough already, one economist said it was even worse.

This may bring on new handwringing about the economy
May’s weak jobs report may have sidelined some investors as they sort through what signals the economy is sending.

Fed’s Mester says gradual rate hikes still appropriate after jobs report
The latest jobs number has not changed the economic picture and gradual rate hikes remain appropriate, the Cleveland Federal Reserve President said.

Election angst dampening US economy
Uncertainty about the November election is hurting the U.S. economy, according to a survey.

Fed’s Rosengren points to nonfarms, hints at no June rate hike
Last month’s poor employment report might give the Federal Reserve pause, says Boston Fed President.

All eyes on Yellen for rate-hike signals after payroll shocks
Investors will be looking for signals from the Fed chair about the U.S. central bank’s next rate move after shockingly weak payroll data.

New fertile ground for tech jobs: The farm
A growing global population is fueling a hunger highly skilled workers for agriculture to help feed the world.

Charts: The real story on the unemployment rate
The Labor Department said that the unemployment rate is at 4.7 percent, but does that tell the whole story?

Mayday! Job growth plummets heading into summer
Job creation tumbled in May, with the economy adding just 38,000 positions amid conflicting signs of an economic recovery.

Odds for interest rate hikes plunge after major jobs report miss
The probability for a June rate hike plummeted Friday after a major miss in the May jobs report.

US layoffs hit five-month low of 30,157 in May: Challenger
U.S. job cutting falls significantly across several sectors.

Fed’s Tarullo says Brexit is factor in rate decision: Report
Britain’s exit from the EU would be a factor as policymakers weigh whether they should raise rates later this month, the Fed board governor said.

Jobless claims unexpectedly fall as labor market tightens
The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell last week.

Jack Welch says Obama’s ‘wacky’ climate-change agenda hurts the US economy
Jack Welch calls President Obama’s heavy focus on climate change “radical behavior.”

Service sector accounted for all the job growth in May: ADP
The closely watched private payrolls count was right around expectations, with economists anticipating growth of 175,000

ISM mfg index expands in May, construction spending tumbles in April
U.S. Construction spending recorded its biggest decline in more than five years as outlays fell broadly, while manufacturing expanded.

Chicago business activity unexpectedly contracts in May
The Chicago Purchasing Managers Index fell unexpectedly in May, falling short of economists’ estimates.

Consumer confidence drags in May
Consumers were feeling less optimistic for the second month in a row, new data said Tuesday.

Consumer spending posts biggest gain in more than six years
Inflation also rose steadily, more signs of an acceleration in economic growth that could persuade the Fed to raise rates again as early as June.

President’s overtime pay plan threatens the ‘Prada’ economy
A federal rule could endanger a practice where assistants in fields like publishing and movies accept low wages for a kind of apprenticeship.

Economic growth revised up to just 0.8 percent
The revised gross domestic product was the weakest performance since the first quarter of 2015.

Fed’s Powell: Rate hike looking appropriate ‘fairly soon’
Federal Reserve Governor Jerome Powell said Friday an interest rate hike could be appropriate fairly soon.

US jobless claims fall more than expected last week
Filing for new benefits fell, as the labor markets remains healthy and the economy regains momentum after stumbling in the first quarter.

US durable goods for April surge on transportation
Orders for long-lasting U.S. manufactured goods surged in April on strong demand for transportation equipment.

Fed’s Bullard says markets have better reading now on chances of rate hike
Financial markets have a more appropriate reading now on the chances of a rate rise in June than before, the St. Louis Fed president on Thursday.

The post US small business confidence rises modestly amid sales worries appeared first on TheTrendler.

Solar, wind costs could fall up to 59 percent by 2025, study says

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Wind turbines are pictured in RWE Offshore-Windpark Nordsee Ost in the North sea, 30 km from Helgoland, Germany, May 11, 2015. REUTERS/Christian Charisius/Pool

Here is the latest Energy News from Reuters.

Solar, wind costs could fall up to 59 percent by 2025, study says
LONDON (Reuters) – The average cost of electricity generated by solar and wind energy could fall by up to 59 percent by 2025 if the right policies are in place, a report by the International Renewable Energy Agency (IRENA) said on Wednesday.

Ethanol, bioenergy no threat to food security: report
NEW YORK (Reuters) – Bioenergy produced from crops does not threaten food supplies, researchers funded by the U.S. government, World Bank and others said in a report on Tuesday, dealing a potential blow to critics of the country’s biofuels program.

Humans probably caused Fort McMurray wildfire: Canadian police
CALGARY, Alberta (Reuters) – The Fort McMurray wildfire in northern Alberta that forced the evacuation of 90,000 residents and shut in more than a million barrels per day of oil output was most likely caused by human activity, the Royal Canadian Mounted Police (RCMP) said on Tuesday.

Baltimore’s National Aquarium to set up dolphin sanctuary
(Reuters) – Baltimore’s National Aquarium will create the first U.S. dolphin sanctuary and transfer its eight dolphins there, the aquarium said on Tuesday.

Suncor sees wildfire costing nearly C$1 billion: sources
CALGARY, Alberta (Reuters) – Suncor Energy Inc has told employees the massive wildfire that struck northern Alberta in May will cost the company nearly C$1 billion ($777.91 million), two sources at Canada’s largest crude producer told Reuters.

Film links melting glaciers, land loss in Bangladesh
UNITED NATIONS (Thomson Reuters Foundation) – Melting ice in Antarctica puts as many as 30 million people in Bangladesh at risk of losing their homes over the coming century, according to a new documentary focused on the human cost of climate change.

Zambia halts hippo culling after protests by animal rights activists
LUSAKA (Reuters) – Zambian wildlife authorities said on Tuesday they had suspended the controlled slaughter of up to 2,000 hippos over the next five years following concerns from animal rights activists who described it as trophy hunting.

Nissan to develop ethanol-based fuel cell technology by 2020
TOKYO (Reuters) – Nissan Motor Co said on Tuesday it was developing fuel cell vehicle (FCV) technology using ethanol as a hydrogen source in what would be an industry first, and planned to commercialize its system in 2020 as part of efforts to develop cleaner cars.

‘Mercedes’ cocoa helps Ivorian farmers speed to better harvest
OUATTARADOUGOU, Ivory Coast (Thomson Reuters Foundation) – Abou Ouattara has grown cocoa for the last 17 years, but luckily the 52-year-old does not have a sweet tooth.

Global farmland deals now cover area the size of Finland: campaigners
RIO DE JANEIRO (Thomson Reuters Foundation) – Global investors have spent more than $90 billion buying agricultural lands the size of Finland in deals criticized by rights groups for displacing small farmers, according to research published on Tuesday.

Valero renews push for EPA to tweak U.S. biofuels program
NEW YORK (Reuters) – Valero Energy Corp on Monday renewed its push for U.S. regulators to change the country’s controversial renewable fuel program.

Brazil judge dismisses $5.7 billion civil suit against Samarco: Vale
BRASILIA (Reuters) – Brazilian iron ore miner Vale SA said on Monday that a 20 billion reais ($5.7 billion) civil lawsuit seeking environmental and property damages for last year’s deadly Samarco mine disaster has been dismissed.

In Flint, Michigan water crisis, city mayor did not violate ethics
(Reuters) – The mayor of the city of Flint, Michigan, did not redirect donations to her personal campaign from a charity meant to help families hurt by a water crisis in the city, an independent attorney said on Monday.

Indigenous rights and private funding key to slowing deforestation, says Norway minister
BOGOTA (Thomson Reuters Foundation) – Efforts to save the world’s forests hinge on securing private sector funds and ensuring indigenous communities in tropical forests are more involved in protecting their environment, Norway’s environment minister said.

At ground zero of warming, Greenland seeks to unlock frozen assets
BUKSEFJORD, Greenland (Reuters) – On top of the world, by a fjord in western Greenland, a remote hydro power plant is buzzing with extra water from the melt of ancient glaciers. This island at ground zero of global warming is seeking to be one of the few places on Earth to benefit.

U.S. top court rejects challenge to Obama mercury air pollution rule
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday let stand a lower-court ruling that left in place Obama administration environmental regulations limiting power plant emissions of mercury and other toxic pollutants while the Environmental Protection Agency revised them.

Indonesians will not be prosecuted by Singapore over haze, says VP: media
JAKARTA (Reuters) – Indonesia will not allow Singapore to prosecute its citizens over forest fires that blanketed the region in toxic smog in 2015, media on Monday quoted Indonesian Vice President Jusuf Kalla as saying.

Australian PM pledges A$1 bln to help ailing Great Barrier Reef
SYDNEY (Reuters) – Australian Prime Minister Malcolm Turnbull, facing a tight re-election battle, pledged on Monday a A$1 billion ($738 million) fund for the Great Barrier Reef, where scientists say mass coral bleaching has destroyed vast tracts of the World Heritage site.

Solar plane lands in New York City during bid to circle the globe
(Reuters) – A solar-powered airplane finished crossing the United States on Saturday, landing in New York City after flying over the Statue of Liberty during its historic bid to circle the globe, the project team said.

Chile’s embattled salmon industry intensified antibiotic use in 2015: government
SANTIAGO (Reuters) – Salmon producers in Chile, under pressure from international buyers to reduce the amount of antibiotics they put into their fish, intensified their use of the substances in 2015 from the previous year, government statistics showed on Friday.

House opposes carbon and oil taxes in symbolic votes
WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives voted largely along party lines on Friday to reject any new taxes on carbon emissions and oil production.

Daimler to unveil long-distance electric car in October
FRANKFURT (Reuters) – Germany’s Daimler will lift the curtain on its much-anticipated long-distance electric car at the Paris Motor Show in October, as the automaker gears up to compete with Tesla Motors Inc’s Model X sport-utility vehicle (SUV).

Globalized economy more susceptible to weather extremes, scientists warn
BARCELONA (Thomson Reuters Foundation) – The globalization of the world’s economy this century has made it far more vulnerable to the impacts of extreme weather, including heat stress on workers, scientists said on Friday.

Shallow earthquake shakes southern California
(Reuters) – A shallow earthquake measuring 5.2 magnitude struck early on Friday in Southern California, the U.S. Geological Survey said.

The bright side: global ‘light pollution’ obscures starry nights
WASHINGTON (Reuters) – When Vincent van Gogh peered out the window of the Saint-Paul asylum at the nighttime sky in Saint-Rémy in 1889, he saw the brilliant light of innumerable stars over southern France that inspired his evocative painting “The Starry Night.”

Power grid operator TenneT proposes North Sea island energy hub
LONDON (Reuters) – Dutch power grid operator TenneT says building an island in the North Sea surrounded by wind farms could deliver more low-carbon power to European nations and help the EU meet targets for cuts in emissions.

Green groups fund-raise against Trump’s climate stance
WASHINGTON (Reuters) – Donald Trump’s promise to gut U.S. environmental regulations and revive the controversial Keystone XL oil pipeline if elected president is a nightmare for green groups, but it may be a dream come true for their fund-raisers.

EU says seeks swift ratification of Paris climate accord
BRUSSELS (Reuters) – The European Union called on its 28 member states on Wednesday to speed up ratification of the Paris climate accord so the bloc is not left behind in an international push to curb global warming.

Ten EU nations still breaching pollution limits: EEA
LONDON (Reuters) – Air pollution from sources such as transport and agriculture is still above legal limits in 10 European Union member states, data from the European Environment Agency (EEA) showed on Friday.

The post Solar, wind costs could fall up to 59 percent by 2025, study says appeared first on TheTrendler.

UBS, Credit Suisse likely need 10 billion Swiss francs in new capital

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The logo of Swiss bank UBS is seen at the company's headquarters in Zurich, Switzerland February 10, 2015. REUTERS/Arnd Wiegmann

Here is the latest Finance News from CNBC.

Airbnb gets $1 billion debt facility from US banks: Source
Airbnb has secured a $1 billion debt facility from some big U.S. banks to aid its new services and finance its expansion plans.

UBS, Credit Suisse likely need 10 billion Swiss francs in new capital: SNB
UBS and Credit Suisse, will likely each need to raise an extra 10 billion Swiss francs in capital to meet new leverage requirements.

Keeping rates low risks triggering US recession, former Fed governor warns
If the Fed won’t start increasing rates, that could cause the next U.S. recession, former Fed Governor Robert Heller said.

Fed dialing back jobs growth optimism
The market’s main Fed confusion stems from not knowing how much weight the central bank places on external factors like Brexit.

DoubleLine’s Gundlach: ‘Rate-hike cycle has left the building’
DoubleLine Capital’s Gundlach said Fed officials are no longer certain they are going to hike rates.

Richard Fisher: Why I would look to raise rates a couple times this year
Richard Fisher explains why he would look to get a couple of increases in rates this year if he was still on the Fed.

Jim Grant’s prediction: Fed will move in the ‘direction of ease’
Jim Grant explains what he believes to be the Fed’s next move, in light of its decision not to raise interest rates.

Did the Fed make the right decision today?
Take our polls here.

Here’s what changed in the new Fed statement
This is a comparison of today’s FOMC statement with the one issued after the Fed’s previous policy-making meeting on April 27.

The Fed maintains 2016 rate forecast, cuts projections for 2017
See how June’s dot plot for federal-funds rate targets compared to that of March.

The Fed’s dovish tone won’t stop this market
The Fed may have been dovish in its statement but investors shouldn’t be too worried, says Northern Trust investment chief Jim McDonald.

Odds for a July rate hike drop after Fed holds steady
The CME Group FedWatch probability for a July rate hike dropped after the Federal Reserve lowered its forecast for the funds rate.

Yellen: Brexit factored in decision, could have consequences for US
Fed Chair Janet Yellen said Brexit concerns were a factor in the central bank’s latest monetary policy decision.

The Fed will likely raise rates twice this year: UBS
Despite a recent weak jobs report, UBS still expects the Fed to raise rates twice this year. Here’s the timing.

Banks taking a beating as Brexit fears mount
Regulatory costs and falling asset values are two threats to banks in a sea of unknowns with vote looming.

SEC accuses ex-portfolio manager Plaford of insider trading
An ex-portfolio manager traded inside information tied to the healthcare industry, a U.S. regulator said.

Cramer: I’m not going to criticize Janet Yellen
CNBC’s Jim Cramer praised Fed Chair Janet Yellen’s judgment ahead of the central bank’s monetary policy statement.

July rate hike is still alive, but faces high hurdles: Strategist
The U.K. must remain in the EU and June’s employment report must improve for the Fed to raise rates, Joseph Tanious says.

Your first trade for Wednesday, June 15
The “Fast Money” traders share which trades they’d make at the market open.

London’s bankers put job hunts on hold as Brexit vote looms
Across the City, workers are staying put as uncertainty around the vote brings hiring to a halt – in spite of a general trend for abysmal bonuses.

Bank of America axe hovers over thousands of retail jobs
As many as 8,000 jobs are set to go at Bank of America’s consumer arm as the digital banking revolution reduces the need for staff and bank tellers.

Japanese bank tests own digital currency based on bitcoin technology
Bank of Tokyo-Mitsubishi UFJ confirmed on Tuesday it is conducting experiments on a digital currency utilizing the technology behind Bitcoin.

Florida bank issues first US credit card for use in Cuba
A small Florida bank will issue the first U.S. credit card intended for use in Cuba.

Alleged fraudster Andrew Caspersen lost more than $100 million on options
Caspersen is expected to take a plea deal from federal prosecutors at his next court hearing July 6.

If you’re seeing a spike in bank overdraft fees, you’re not alone
The largest U.S. banks are increasing the amount of overdraft fees they collect, according to report.

Here’s what the VIX is saying about Brexit and volatility
U.S. and foreign investors have woken up to the fact that a Brexit could become a reality.

Why negative rates are a big deal and the Fed’s hands may be tied
German bond yields just went negative. Here’s why that’s a big deal—and why the Fed’s hands may be tied, explains Ron Insana.

Early movers: BABA, BIDU, MSFT, SHPG, SPLS, GSK & more
Names on the move ahead of the open.

The UK AND Europe will hurt for years if there’s a Brexit, JPMorgan’s Pinto warns
A Brexit would hammer investment in the U.K and Europe for years, JPMorgan’s investment banking boss Daniel Pinto said.

Former airline exec fined $3 million in commodities trading scheme
CME Group has sanctioned a former executive for front-running his own employer’s exchange orders, among other things.

$12 trillion of QE and the lowest rates in 5,000 years … for this?
It all amounts to the “astonishing history investors are living through today,” says one chief investment strategist.

The MSCI decision: Is China ready for prime time?
MSCI will announce whether it will include mainland China stocks Tuesday.

The two tiny banks behind the mega Microsoft-LinkedIn deal
Quattrone’s Qatalyst Partners and Allen & Co. represent LinkedIn in deal with Microsoft.

Walmart Canada to stop accepting Visa, says fees too high
Walmart Canada stores will stop accepting Visa cards because the credit card provider charges merchants “unacceptably high” fees, the retailer said.

Goldman Sachs dips toe into consumer banking
Goldman Sachs is now open to the public, and its interest in the average American appears to be mutual.

Why the Fed may cut rates this year
May’s poor U.S. employment report could trigger an interest rate cut, according to one contrarian investor.

Investors’ chase for yield ‘scares me,’ Cowen trader says
Bond yields are hitting all-time lows, leading investors on a hunt for yield which is scaring Cowen’s David Seaburg.

Trouble for unicorn IPOs?
The hotly anticipated Line offering could be showing signs of fizzling out—and giving the rest of the unicorns pause before going public this year.

Goldman gets NY regulator probe on Malaysia work
The NY DFS is requesting information pertaining to the bank’s Malaysian 1MDB dealings.

Online lending set to see a ‘culling of the herd’
Start-ups are looking to cash in as financing capital has become tough to come by.

Gundlach: Investors avoiding risk because of this
Jeffrey Gundlach of DoubleLine Capital says that investors are dropping risk because of this.

The post UBS, Credit Suisse likely need 10 billion Swiss francs in new capital appeared first on TheTrendler.

Hedge fund industry shrinks in first quarter-HFR data

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United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington November 14, 2014.   REUTERS/Gary Cameron    (UNITED STATES - Tags: BUSINESS POLITICS)

Here is the latest Investing News from Reuters.

Hedge fund industry shrinks in first quarter-HFR data
NEW YORK (Reuters) – The hedge fund industry shrank in the first quarter, meaning fewer choices of funds for investors and those funds overseeing slightly less money, data released on Thursday showed.

Morgan Stanley global commodities co-head Peter Sherk to leave firm: memo
(Reuters) – Morgan Stanley global commodities group co-head Peter Sherk is leaving the firm, the bank said Thursday in a memo.

In or out of index, China not a bet worth taking: James Saft
(Reuters) – Chinese domestic equities are best avoided, and the reasons go beyond those cited by MSCI in delaying their inclusion in benchmark indices.

Brexit to hurt large U.S. banks’ 2016 earnings by 1-6 percent: KBW
(Reuters) – Earnings of large U.S. banks would be hit by 1-6 percent this year if Britons vote in favor of leaving the European Union next week, according to brokerage Keefe, Bruyette & Woods (KBW).

Pimco planning to cut nearly 3 percent of global workforce: source
NEW YORK (Reuters) – Pacific Investment Management Co plans to cut nearly three percent of its workforce as assets under management have fallen since the September 2014 departure of co-founder Bill…

Guess who’s shopping at dollar stores? Well-to-do millennials
(Reuters) – Victoria Marin, a 35-year old author and educator, used to spend hundreds of dollars at large party-goods retailers on supplies that ended up in the trash can.

Is the U.S. fight over fiduciary rule really about the little guy?
CHICAGO, June 16 (Reuters) – – (The opinions expressed here are those of the author, a columnist for Reuters.)

CEO injects philanthropy into family’s culture of money
NEW YORK (Reuters) – Julie Smolyansky has spent more than a decade as chief executive officer of her family’s successful business, but her path to the corner office was unplanned.

DoubleLine’s Gundlach: ‘Rate-hike cycle has left the building’
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on Wednesday that Federal Reserve officials are no longer trying to prepare the markets for rate hikes…

Vanguard CEO says Wall Street offering too many ETFs
CHICAGO (Reuters) – Too many exchange-traded funds are being offered without enough quality control and could harm investors, fund manager Vanguard Group’s chief executive said on Wednesday.

Father knows best: Valuable money advice from dad
NEW YORK (Reuters) – Every Father’s Day, we honor the fathers who helped and guided us. Learning to handle money wisely is sometimes the greatest gift they give us along the way.

BlackRock sees wave of M&A in asset management industry: CEO
NEW YORK (Reuters) – The asset management sector “needs consolidation” and has the potential for “quite a bit” of merger and acquisition activity, BlackRock Inc Chief Executive Officer Laurence Fink…

Markets have priced in ‘half’ the move of Brexit vote, BlackRock says
NEW YORK (Reuters) – Global markets have priced in “half the move” should British voters ultimately decide to approve a June 23 referendum and leave the European Union, said Nigel Bolton, co-head of…

BlackRock debuts U.S. ETF for China-listed stock after MSCI snub
(Reuters) – BlackRock Inc is introducing its first U.S.-listed exchange-traded fund providing access to mainland Chinese markets, the world’s largest asset manager said on Wednesday.

SkyBridge cuts investments in top hedge funds in first quarter
NEW YORK (Reuters) – SkyBridge Capital, a big investor in hedge funds, cut its stakes in portfolios managed by Daniel Loeb and John Paulson and exited funds of other prominent investors in the first…

U.S. fund managers’ big new bet – going small
NEW YORK (Reuters) – As the S&P 500 index of large companies flirts with a record high, many U.S. fund managers are opting to go small instead, betting that small caps have more potential for…

Guilty plea seen for Wall Street scion Caspersen in fraud case
NEW YORK (Reuters) – Wall Street executive Andrew Caspersen will likely plead guilty next month to criminal charges over an alleged $150 million fraud scheme, after compulsive gambling drove him to…

DoubleLine’s Gundlach says ‘central banks are losing control’
NEW YORK (Reuters) – Jeffrey Gundlach, the chief executive officer at DoubleLine Capital, said on Tuesday that investors are dropping risky assets and turning to safer securities including Treasuries…

Bank of America executive says growth of sales force will continue
(Reuters) – Bank of America will continue to increase the number of salespeople as it scales back on support staff, a senior executive said on Tuesday.

BlackRock’s Rieder buying U.S. Treasuries despite rate risks
CHICAGO (Reuters) – Top BlackRock Inc investor Rick Rieder said on Tuesday he has been building up a stake in U.S. government debt even with the potential of an interest rate hike as early as July.

Merging his family lineages, Jordan Roth makes his own way
NEW YORK (Reuters) – All children may be a reflection of their parents, but Jordan Roth really took that idea to heart.

Investors underestimate Fed hike, rising inflation risk: Templeton’s Hasenstab
CHICAGO (Reuters) – U.S. Treasuries are not as safe as investors using the debt as a safe-haven investment assume, investor Michael Hasenstab said on Monday, as full employment and rising inflation…

Merrill Lynch’s Italy chief plays down talk of UniCredit job-sources
MILAN (Reuters) – The head of Bank of America Merrill Lynch in Italy, tipped as a leading candidate to become chief executive at UniCredit, told an internal meeting on Monday he is happy with his…

Calpers says fiscal year return rate ‘likely to be flat’
SAN FRANCISCO (Reuters) – California Public Employees’ Retirement System Chief Investment Officer Ted Eliopoulos said on Monday the fund’s rate of return for the 12 months ending June 30 is “likely…

Prompting gasps, judge spares NY hedge fund executive prison for fraud
NEW YORK (Reuters) – A New York hedge fund manager who at age 28 lost nearly all $57 million he oversaw in less than three weeks was spared prison on Monday, as the judge recognized how quickly and…

Public pension funds seek infrastructure as market heats up
SAN FRANCISCO (Reuters) – The California Public Employees’ Retirement System recently bought a stake in a private Indiana toll road with a troubled history, one sign of how popular infrastructure…

Schroders ex-trader gets 2 years’ jail for insider trading
(Reuters) – Damian Clarke, a former equities trader at Schroders Investment Management, has been sentenced to two years imprisonment for insider trading, Britain’s financial watchdog said.

U.S. money funds pare UK exposure before Brexit vote: J.P. Morgan
NEW YORK (Reuters) – U.S. money market mutual funds have reduced their exposure to short-term British bank debt ahead of the June 23 referendum on whether Britain would stay in the European Union,…

Financial boardrooms 30 years away from 30 percent female representation: report
LONDON (Reuters) – It will take 30 years at the current pace of change for women to attain just 30 percent of the seats on executive committees in the financial services industry globally, an Oliver…

Junk-bond funds had inflows for first time in seven weeks as rate fears fade: EPFR
NEW YORK (Reuters) – Funds invested in high-yield U.S. corporate bonds attracted $1.5 billion in fresh capital in the week to June 8, the first such inflow in seven weeks, according to data provider…

Fight over U.S. retirement investment advice rule moves to courts
(Reuters) – The fight over a new federal regulation on advice on investing for retirement is moving from Capitol Hill to the U.S. court system, as the number of lawsuits attempting to stop the rule…

SWF acquisitions rise 62 percent, highest level since 2008
LONDON (Reuters) – The value of acquisitions involving sovereign wealth funds has risen 62 percent to $28.6 billion in the year to date, the highest level since 2008, Thomson Reuters data showed on…

Vanguard Group employee dividend rises 12 percent: newsletter
BOSTON (Reuters) – Top mutual fund provider Vanguard Group raised the value of a profit-sharing dividend paid to employees by 12 percent for 2015 as investors poured in assets, the editor of a…

Strong inflows into U.S. bond, emerging-market funds as rate fears ebb
NEW YORK (Reuters) – Investors pumped the most funds into U.S.-based emerging-market stock funds since March in the latest week, Lipper data released on Thursday showed, as the U.S. Federal Reserve…

Rangebound crude shrank gains for oil-focused hedge funds in May
NEW YORK (Reuters) – The rangebound market for crude oil in May, with prices mostly stuck within a few dollars below $50 a barrel, limited gains for three well-known hedge funds in oil, which…

Institutional asset managers suffer net outflows of $95.4 billion in first quarter
LONDON (Reuters) – Institutional asset managers worldwide suffered net outflows of $95.4 billion in the first quarter of 2016, data from research provider eVestment showed on Thursday, with equity…

Fund firms need talent shake-up in order to tap millennials
BERLIN (Reuters) – Asset managers trying to sell investment products to tech-savvy millennials need to hire younger staff who are more in tune with new ways of investing, leading industry figures say.

Column: Push to expand Social Security gains momentum
CHICAGO (Reuters) – A coalition of progressive politicians, policy experts and grassroots advocates started a campaign three years ago facing very long odds. They proposed expanding Social Security…

Life lessons from the financier known as ‘Chuck’
NEW YORK (Reuters) – In the financial world, most leaders are not instantly recognizable by their first names.

U.S. equities, high-yield European bonds attractive: UBS wealth arm
TOKYO (Reuters) – U.S. equities are an attractive investment as economic momentum is picking up and some bearish factors such as a strong dollar and low oil prices are diminishing, a top fund manager…

Barclays offers internships to those returning from career breaks
(Reuters) – Barclays Plc said on Wednesday it was launching an internship program in New York targeting people who had taken a career break from the finance industry, the latest move by a big bank to…

Investors pull most money of 2016 from U.S. large cap funds: ICI
NEW YORK (Reuters) – Investors ignored equity market gains and pulled the most money this year from U.S. mutual funds holding large-cap domestic stocks, Investment Company Institute data for the…

Morgan Stanley pays $1 million SEC fine over hacked customer data
(Reuters) – Morgan Stanley agreed to pay a $1 million fine to settle U.S. Securities and Exchange Commission charges that security shortfalls enabled a former employee to transfer data regarding…

SEC bars electronic company officials in accounting fraud
(Reuters) – Two former officials of IEC Electronics Corp improperly overstated its profits in financial statements by inflating inventory to meet targets, the U.S. Securities and Exchange Commission…

Massachusetts pension fund hires hedge funds Contrarian, IPM
BOSTON (Reuters) – For the second time this year, the Massachusetts state pension fund on Wednesday decided to hire hedge funds, adding Contrarian Capital and IPM Informed Portfolio Management to its…

Oppenheimer to pay nearly $3 million for improper ETF sales: regulator
(Reuters) – Oppenheimer & Co agreed to pay nearly $3 million in fines and restitution to settle U.S. regulatory charges that it improperly sold risky exchange-traded funds to risk-averse elderly…

Big foreign banks in U.S. get extension for ‘living will’ plans
WASHINGTON (Reuters) – Four big foreign banks with large American operations are being given an extra year to detail plans on how they would sell or liquidate the assets of their U.S. subsidiaries if…

‘I’m done’: U.S. wealth managers may call it quits over regulatory load
NEW YORK (Reuters) – Some U.S. financial advisers are so fed up with regulatory red tape, they may opt for early retirement, the head of Boston Consulting Group’s wealth management group said Tuesday.

U.S. investors skeptical about China’s move to widen markets
NEW YORK/BOSTON (Reuters) – U.S. asset managers and hedge funds are wary about pouring more money into China until the government addresses its stock market crash last year and wild swings in the…

Reading into the millennial book-buying boom
NEW YORK (Reuters) – (The author is a Reuters contributor. The opinions expressed are her own.)

Canada sustainable fund manager bets heavily on alternative fuel cars
TORONTO (Reuters) – Canadian portfolio manager Martin Grosskopf is betting heavily on alternative fuel vehicles overtaking traditional cars as a pillar of the no-fossil-fuels allocation strategy of…

Exclusive: Pine River to shutter Fixed Income Fund, spin out China fund
BOSTON (Reuters) – Hedge fund Pine River Capital Management is closing its Pine River Fixed Income fund and returning roughly $1.6 billion in assets to investors just two months after the firm said…

Exclusive: Pine River to shutter Fixed Income Fund, spin out China fund
BOSTON (Reuters) – Hedge fund Pine River Capital Management is closing its Pine River Fixed Income fund and returning roughly $1.6 billion in assets to investors just two months after Steve Kuhn, one…

Q&A: Why Mark Cuban values time over money
NEW YORK (Reuters) – After working his way up from selling garbage bags door-to-door as a teen in Pittsburgh, Mark Cuban, 57, is now climbing the ranks of the wealthiest Americans.

After grim payrolls, focus turns to economy
NEW YORK (Reuters) – With a June Federal Reserve interest rate hike likely off the table following Friday’s dismal jobs data, U.S. equity investors may shift their focus again to whether the economy…

Argentina mutual funds could see ‘explosive’ growth
BUENOS AIRES (Reuters) – Mutual funds, whose assets comprise the largest share of investment vehicles in Argentina, will expand “explosively” once regulatory changes are put in place by the…

DoubleLine’s Gundlach calls May employment report ‘real body blow’
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital, called the May employment report on Friday a “real body blow” and said it means an interest rate increase later this…

Market ignoring U.S. election ‘instability,’ Federated’s Orlando says
NEW YORK (Reuters) – The U.S. presidential election will spark heightened stock market volatility in the second half of the year, said Phil Orlando, chief equity strategist at Federated Investors,…

U.S. prosecutors to refund hedge fund insider trading settlement
NEW YORK (Reuters) – U.S. prosecutors have agreed to a rare settlement refund of $6 million to hedge fund Diamondback Capital Management LLC after a ruling by a 2014 federal appeals court made…

Tiger Global climbs in May, other funds post gains as well
BOSTON (Reuters) – Investment firm Tiger Global, known for making big bets on technology companies, told clients on Thursday that its hedge fund climbed 2.3 percent last month, helping shrink its…

Mutual funds and ETF flows send market conflicting signals
NEW YORK (Reuters) – Investors in U.S.-based exchange-traded funds charged back into the markets in force over the last week, Lipper data for the weekly period ended Wednesday showed, delivering…

U.S. fund sues Peru in land bond dispute
LIMA (Reuters) – Gramercy Funds Management LLC sued Peru for $1.6 billion in a dispute over the country’s 40-year-old land-reform bonds on Thursday, three days before a presidential election.

Lenders to U.S. oil and gas companies seek liquidity floors
NEW YORK (Reuters) – Banks are increasingly requiring U.S. oil and gas companies to maintain minimum levels of liquidity, an unusual step that could help reduce the risk of being exposed to companies…

U.S. charges Harvard grad over alleged Ponzi-like currency scam
NEW YORK (Reuters) – A Harvard University graduate has been criminally charged with fraudulently causing almost $20 million of losses for clients after falsely touting her currency trading prowess…

Bayer secures loan facility to fund Monsanto bid: report
(Reuters) – German drugs and crop chemicals group Bayer AG, which has made a $62 billion bid for U.S. seeds company Monsanto Co, has secured a 60 billion euros ($67 billion) loan facility that can be…

FDIC, banks in $190 million settlement over risky Countrywide debt
(Reuters) – Eight financial services firms have paid the FDIC $190 million to settle claims they misled five U.S. banks into buying risky mortgage securities from the former Countrywide Financial…

U.S. SEC charges couple with fraud in Chinese investor visa scheme
(Reuters) – A California couple raised $27 million from at least 50 Chinese investors seeking U.S. immigration visas but misused two-thirds of the money, instead of building a cancer treatment center…

Investors pull $1 billion from Pimco Total Return Fund in May
NEW YORK (Reuters) – Investors pulled approximately $1 billion from the Pimco Total Return Fund, one of the world’s largest bond funds, in May following cash withdrawals of the same amount the…

U.S. fund managers focus on niche retailers as consumer spending jumps
NEW YORK (Reuters) – In their great hunt for the consumer dollar, mutual fund managers are leaving the mall.

Groups file lawsuit challenging U.S. retirement advice rule
(Reuters) – The financial services industry, the U.S. Chamber Of Commerce and other Wall Street-affiliated groups have filed a legal challenge to the U.S. Department of Labor’s new rule on retirement…

Activist Barington lays out demands in fight with Chico’s
BOSTON (Reuters) – Activist investor Barington Capital turned up the heat on apparel chain Chico’s FAS on Thursday with specific demands to cut costs, boost revenue and buy back more shares one week…

Bill Gross says historic investment returns are impossible to repeat
NEW YORK (Reuters) – Bond investor Bill Gross of Janus Capital Group Inc said on Thursday the historic returns that investors have reaped for over four decades are over, given the near end of falling…

Payday loans face new limits under proposal from U.S. consumer bureau
WASHINGTON (Reuters) – The U.S. agency charged with protecting consumers from financial abuse unveiled a proposal on Thursday that would limit short-term borrowings known as “payday” loans, which can…

AIG must face Pimco lawsuit over financial crisis losses
(Reuters) – American International Group Inc failed to persuade a California judge to dismiss a lawsuit by Pacific Investment Management Co that accuses AIG of lying about its subprime mortgage…

Fugitive Connecticut fund manager charged in new U.S. indictment
(Reuters) – A Connecticut fund manager who fled the United States after being hit with criminal insider trading charges was indicted on Wednesday for engaging in a separate scheme to embezzle $54…

Mexico brokerages seek more time on tax probe request: document
MEXICO CITY (Reuters) – Mexican brokerages are pushing back against a massive government data request that aims to uncover possible tax evasion, a document showed, after the “Panama Papers” cast a…

Ackman’s Pershing Square posts losses again in May
BOSTON (Reuters) – Billionaire investor William Ackman’s Pershing Square Holdings hedge fund posted losses in May, widening its year-to-date losses to 18.6 percent, an investor in the fund said, in…

SEC can pursue Lynn Tilton fraud case, U.S. appeals court rules
NEW YORK (Reuters) – A divided federal appeals court on Wednesday rejected New York financier Lynn Tilton’s constitutional challenge to a U.S. Securities and Exchange Commission case that accuses the…

Activists boost innovation as well as share prices: James Saft
(Reuters) – It looks as if hedge fund activists engineer not just a short-term pop in target firms’ stock prices but also long-term improvements in innovation.

U.S. stock funds record second-largest withdrawals this year: ICI
NEW YORK (Reuters) – U.S.-based stock mutual funds posted their second-largest outflows of the year, Investment Company Institute data showed on Wednesday, accelerating a rotation to the perceived…

Gundlach’s DoubleLine reaches $100 billion assets under management in May
NEW YORK (Reuters) – Jeffrey Gundlach’s DoubleLine Capital reached $100 billion in assets under management last month, according to the Los Angeles-based firm Wednesday.

Wells Fargo CFO downplays questions over earnings quality
(Reuters) – Wells Fargo & Co CFO John Shrewsberry on Wednesday deflected an analyst’s questions over the quality of the bank’s earnings, saying the results “speak for themselves.”

Pimco foresees U.S. GDP growth at or slightly above trend of 1.5-2 percent
NEW YORK (Reuters) – Bond giant Pacific Investment Management Co said on Wednesday that its baseline view for the U.S. is GDP growth at or slightly above trend of 1.5 percent to 2 percent per year…

NextGen Crowdfunding says new rule spurred investor commitments of over $1 million
(Reuters) – Equity crowdfunding platform NextGen Crowdfunding said on Tuesday that investors made more than $1 million in commitments after new U.S. investment regulations took effect two weeks ago.

Mixed results for hedge funds Greenlight, Third Point, Jana in May
(Reuters) – Three of the hedge fund industry’s most closely followed managers reported mixed returns in May, underscoring just how tough it has become to pick winners.

Bank of America targets wealthiest clients with more advisers
(Reuters) – Bank of America Corp’s U.S. Trust business plans to add more than 100 financial advisers who cater to the super-rich as part of its strategy to grow wealth-management revenue, a U.S….

First Mortgage Corp, executives agree to settle SEC fraud charges
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Tuesday that California-based First Mortgage Corporation and six of its executives agreed to pay $12.7 million to settle…

BlackRock CEO says he is ‘nervous’ about Europe ahead of Brexit vote
NEW YORK (Reuters) – BlackRock Inc Chief Executive Laurence Fink on Tuesday said he is “nervous” about Europe ahead of a June referendum on whether Britain should remain in European Union, the…

Jefferies hires two restructuring investment bankers
(Reuters) – Jefferies LLC has hired two restructuring bankers, Jeffrey Finger of boutique investment bank Centerview Partners Holdings LLC and Douglas Brickley, formerly of financial advisory firm…

Old Mutual proposes 1,000 pct break-up bonus for CEO Hemphill
LONDON (Reuters) – Anglo-South African financial services firm Old Mutual on Tuesday proposed a maximum pay-out for chief executive Bruce Hemphill of 1,000 percent of his 2016 base salary in the…

Couples get separation anxiety over financial planners
NEW YORK (Reuters) – When Rick Parks and his wife Cindy got married a couple of years ago, the Knoxville couple shared a lot of things together: A home, family trips and holiday gatherings.

Fidelity Contrafund cuts Chipotle stake by 21 percent
BOSTON (Reuters) – The Fidelity Contrafund cut its stake in Chipotle Mexican Grill Inc by 21 percent in April as the burrito chain continued to deal with fallout from last year’s E.coli outbreak.

Doubleline’s Gundlach sees Yellen as more cautious than some Fed officials
(Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Thursday said U.S. Federal Reserve Chair Janet Yellen appears to be more cautious on raising interest rates than some…

Short sellers circle Alibaba amid SEC probe
NEW YORK (Reuters) – Alibaba Group Holding Ltd , which disclosed it is under investigation for its accounting practices, has emerged as one of the short-selling community’s favorite targets in the…

Exclusive: Verizon turns to former Yahoo bankers for bid – sources
NEW YORK/SAN FRANCISCO (Reuters) – Verizon Communications Inc is working on its bid for Yahoo Inc’s core assets with an investment bank which was, as recently as last year, one of the U.S. internet…

Column: About that June or July rate hike – James Saft
(James Saft is a Reuters columnist. The opinions expressed are his own.)

CFPB fines ex-Wells Fargo employee over mortgage fee-shifting scheme
(Reuters) – The Consumer Financial Protection Bureau (CFPB) fined former Wells Fargo & Co employee David Eghbali $85,000 and banned him from working in the mortgage industry for a year for an illegal…

If you waste $50 each time you skip class, would you do it?
NEW YORK (Reuters) – As college attendance wanes through the semester, one professor teaches her 300 geoscience students how to work out the cost of cutting class.

LPC: Weak secondary market could rein in refinancing wave
NEW YORK (Reuters) – A repricing wave has hit the loan space as US borrowers attempt to lower the spread of their existing term loans, though a weak secondary market signals that not every company…

LPC: Gunvor Singapore closes increased $1.04 billion loan
LONDON (Reuters) – Gunvor Group has closed $1.041 billion of syndicated revolving credit facilities to support new activities and existing operations in Asia Pacific, the company said on Thursday.

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Oracle shares rise as sales beat estimates

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Here is the latest Company News from CNBC.

Oracle shares rise as sales beat estimates
Sales were better than expected as the company booked more software-as-a-service customers and expanded margins.

Supermarket operator Kroger’s quarterly profit up about 10%
Kroger, the largest U.S. supermarket operator, reported a 9.9 percent rise in quarterly profit, helped by lower operating expenses.

Rite Aid shares slip as first-quarter earnings fall short
Pharmacy reimbursement rates challenged Rite Aid earnings in the latest quarter, Chairman and CEO John Standley said, in a statement.

Chinese search engine giant Baidu cuts revenue forecast
Baidu slashed its current-quarter revenue forecast, saying its healthcare customers had cut or delayed advertising spending.

H&R Block pops 7% on earnings beat
H&R Block beat quarterly earnings and revenue estimates and announced a boost in its dividend.

Valeant shares crater after profit misses estimates, company cuts forecast
Valeant Pharmaceuticals reported a lower-than-expected quarterly profit and cut its full-year earnings and revenue forecast.

Citigroup CEO points to 25 percent drop in quarterly results
Citigroup CEO Mike Corbat indicated that the company’s second-quarter net income will be roughly 25 percent lower than the same period a year earlier.

Dollar stores boosted after beating Street
Dollar General and Dollar Tree traded higher on Thursday after they posted earnings that beat Wall Street expectations.

This is what’s really driving Costco’s stock, Jim Cramer says
Forget about the company’s quarterly results: Costco shares are up because of this, CNBC’s Jim Cramer says.

Lions Gate shares pop after posting a surprise profit
Lions Gate surged more than 12 percent in the premarket as investors cheered the company’s latest quarterly results.

PVH shares advance as Calvin Klein, Tommy Hilfiger drive Q1 beat
PVH’s stock rose more than 5 percent as investors cheered the company’s latest quarterly results.

Sears posts bigger loss, explores options for two businesses
Sears said it was exploring partnerships or other deals for its Kenmore, Craftsman and DieHard unit and its Sears Home Services business.

Gap Inc reports earnings in line with Street expectations, announces 75 store closings
Gap said Thursday that it is closing 75 stores, primarily internationally, by the end of fiscal 2016.

Cisco shares pop 5% on earnings beat, positive guidance
Cisco posted better-than-expected quarterly earnings and gave positive guidance for its next quarter, boosted by growth in Asia.

L Brands trims full-year guidance as sales fall short
L Brands quarterly earnings that beat analysts’ expectations on Wednesday, but revenues fell short.

Staples earnings beat analysts’ expectations by a penny a share
But sales fell 3 percent in the quarter, hurt by a strong U.S. dollar and the closure of several stores.

Lowe’s earnings, revenue beat analysts’ expectations
Lowe’s reports quarterly earnings and revenue that topped analysts’ expectations.

Target earnings top expectations, but revenue is light
Target on Wednesday reported a higher-than-expected quarterly profit, but sales at established stores came in below analysts’ estimates.

Perrigo shares sway on quarterly results
Shortly after releasing its initial results, Perrigo revised its net loss figures to be lower than originally stated.

Agilent shares up after earnings beat
Agilent Technologies rose nearly 3 percent on the heels of beating Wall Street’s earnings estimates.

Red Robin shares stumble after sales miss
Shares of Red Robin fell nearly 11 percent in early trading Tuesday after the company reported quarterly revenue that missed analysts’ estimates.

Children’s Place bounces on boosted forecast
Shares of Children’s Place were up nearly 6 percent Tuesday after the retailer raised its full-year profit guidance.

TJX stock gains after retailer beats earnings estimates
TJX shares rose after the discount retailer posted better-than-expected quarterly results.

Home Depot earnings, revenue beat estimates
Home Depot reported a 9 percent rise in quarterly sales, saying that inconsistent weather drove demand across the board.

JC Penney shares fall after posting mixed results
J.C. Penney’s stock fell Friday after the retailer delivered mixed results for the first quarter.

Shake Shack results beat estimates, raises forecast
Shake Shack, known for its antibiotic-free hamburgers and frozen custard shakes, raised its same-restaurant sales forecast for the year.

Macy’s profit beats, but the retailer cut its full-year outlook
Macy’s reported a 7.4 percent fall in first-quarter sales, as customers cut back on buying apparel and a strong dollar discouraged tourists.

Wendy’s shares pop on earnings beat, raised guidance
Wendy’s advanced nearly 3 percent in the premarket after beating expectations on both the top and bottom lines.

Disney shares drop 6 percent as earnings, sales miss
Disney missed estimates for earnings per share, the first time the media giant did so in five years.

Lumber Liquidators sales sink 10.2% amid struggle to reassure customers
Lumber Liquidators sales slumped 10.2 percent, as the company struggles to convince customers its hardwood flooring is safe.

Square’s shares drop 13% on quarterly loss
Square posted another loss after the bell Thursday in its second quarterly report since going public.

GoPro shares swing after results; sales fall 50%
Battered wearable-camera maker GoPro posted mixed quarterly results as its sales beat expectations but plunged from the previous year.

Yelp shares pop 8 pct as earnings beat
Yelp shares popped 8 percent in after-hours trading when the business-review company easily beat quarterly earnings expectations.

Merck posts better-than-expected profit, raises forecast
Merck reported better-than-expected profit in the first quarter, driven by higher sales of its diabetes drug Januvia and heart drug Zetia.

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This is America’s favorite fast food restaurant

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Here is the latest Company News from CNN Money.

This is America’s favorite fast food restaurant
Chick-fil-A is the highest ranking fast food restaurant in the country for customer satisfaction, according to a new report.

Netflix unveils new app logo to add branding ‘pizzazz’
Netflix added a new logo to its branding profile for social media accounts and mobile app. It’s made up of a simple red “N” on a black background.

Jeep that killed ‘Star Trek’ actor Anton Yelchin was flagged for safety problems
The Jeep Grand Cherokee that killed “Star Trek” actor Anton Yelchin is due to be recalled for the very problem that cost him his life.

Walmart buys stake in Chinese online retailer
The world’s largest brick-and-mortar retailer buys a 5% stake in Chinese e-commerce firm JD.com. But can the Walmart-JD alliance supplant China’s market leader Alibaba?

Steph beats LeBron! (That’s not a typo)
The Cleveland Cavaliers (and LeBron James) are celebrating an NBA championship win over Steph Curry’s Golden State Warriors. But Under Armour — the company Curry endorses — is beating LeBron’s Nike on Wall Street.

Prosecutors probe Volkswagen’s former CEO over diesel scandal
German prosecutors say Volkswagen’s former CEO Martin Winterkorn may have withheld vital information about the cost of the diesel scandal from shareholders.

LeBron James is worth every penny
LeBron James Game 7 performance gives Cleveland first championship in 52 years and proves hometown star is worth his top tier salary.

Toyota, GM and BMW warn against Brexit
Automakers with factories in the U.K. have come out in support of Britain remaining in the European Union.

StubHub sells record-high ticket to Game 7 of NBA Finals
StubHub sold a ticket to Game 7 of the NBA Finals for a record price — $49,500.

Orlando Hilton apologizes for “bite” promotion that followed alligator attack
The Orlando-based Hilton Grand Vacations apologized for a promotion using the word “bite” that was emailed after a 2-year-old boy was killed by an alligator.

Viacom CEO could get more than $80 million if ousted
If he were to be fired today, Dauman would get more than $81 million in severance.

HSBC pays $1.6 billion to end 14-year legal battle
Global banking giant HSBC is shelling out $1.6 billion to put an end to a 14-year legal battle.

The WWE looks to conquer China
Read full story for latest details.

Paging Jerry Seinfeld! Kellogg near all-time high
Kellogg stock is doing well this year. A recent recall of some of its snacks could be a temporary setback. Wall Street loves the dependable earnings growth and dividend from Kellogg.

Microsoft collaborates on software for the legal marijuana industry
A major legal cannabis company is tapping Microsoft to help with software that will let governments track newly legal marijuana industries.

Smith & Wesson gun sales are up 22%
Smith & Wesson said guns sales were up 22.4% this quarter and issued sales guidance for its upcoming fiscal year that excited investors.

Sumner Redstone moves to oust five Viacom board members
The power struggle engulfing Viacom intensified on Thursday with the announcement that Sumner Redstone has moved to replace five members of its board of directors.

Avoiding air turbulence may soon get easier
Pilots will start to receive more real-time air turbulence reports through a partnership between The Weather Company and Gogo.

Big brands furious after logos used in Brexit ‘propaganda’
General Electric, Unilever, Airbus, Toyota and Nissan are furious at British campaigners for using their logos in ‘propaganda’ to promote a U.K. exit from the European Union.

Terrorism fears are bad news for airlines
Airline stocks are having a tough year. With terrorism back in the headlines, major airlines like Delta, United and American are getting hit once again.

Sumner Redstone ‘trust’ email widens split with Viacom board
Sumner Redstone’s emai says he doesn’t trust Viacom CEO Philippe Dauman and his allies on the board. “My wishes are being ignored,” he wrote.

Strike looms at Atlantic City casinos
6,000 casino workers at four Atlantic City casinos could join workers at Trump Taj Mahal in authorizing a strike.

Facebook struggles to stop crimes from being live streamed
Criminals are increasingly using mobile live-streaming platforms to document their offenses in real-time. Social networks are facing an uphill battle in stopping them.

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How Seasonal Businesses Can Manage Up-and-Down Cash Flow

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Here is the latest Finance News from the NASDAQ.

How Seasonal Businesses Can Manage Up-and-Down Cash Flow
Some businesses see steady sales throughout the year, while others see their revenue concentrated into seasonal segments — think tax preparation offices or ski lodges. These businesses have particular challenges when it comes to managing cash flow , since expenses have to be paid throughout the year, even when

How Startups Can Control Spending in Their First Year
The booming tech economy has produced a wave of smart, ambitious entrepreneurs intent on creating fast-growing companies that can disrupt existing markets or even create new ones. As with any new business, though, solid, common-sense business principles can mean the difference between prudent growth and excessive

10 reasons to never be too cool for Old School
You may think you’re too cool for “Old School,” but there’s one thing it produced that you can’t be successful without: the fundamentals. Here are ten essential operating fundamentals that are timelessly, beautifully, definitively, non-negotiably, Old School. Financial statements: Become an expert at understanding

Research, Anticipate and Plan: How to Ace Your Job Interview
Your application was filed, you got the all-important call-back and the interview is scheduled. Now what do you do? The  job application process  is different from the job interview process, and so are the preparations. The ValuePenguin Careers  team has compiled a three-phase plan for you to get ready the next time

How Small Businesses Can Control Costs in the Early Stages
Owning a small business is an all-out battle to find the right balance between generating revenue and limiting costs. That’s especially true in a business’s first year, when finding a sustainable customer base requires investment. We asked Rita Cheng , a financial advisor who works with small businesses, about ways

Tax-Reduction Tips for Small Businesses
Small businesses face many challenges, especially in the early days, including developing a product or service, targeting it to the right market, hiring the right employees and keeping expenses under control. Meanwhile, taking the right approach to taxes is a crucial factor that sometimes is overlooked. We asked

5 Small Businesses to Start After 50
The passion that spurs someone to dream of starting a business isn’t reserved for the techie millennial in the torn jeans and hoodie. Even the person in the relaxed-fit khakis and reading glasses can feel the zeal. Research shows baby boomers may have a greater passion for entrepreneurship than younger generations.

Remember America’s militia on Memorial Day
This is Jim’s traditional Memorial Day column. Reasonable people disagree on the origins of Memorial Day, but most accept that the practice of decorating the graves of Americans who died in military service began in earnest during the Civil War. On May 5, 1868, General John A. Logan, Commander of the Army of the

How to Build Up A Business Credit Score
Building your company’s credit history is important — now more than ever. Most firms seeking loans aren’t examined by Venture Capital investors with the time and resources to carefully examine balance sheets. Major banks now issue fewer small business loans than ever before. For these financial institutions, the

Small Businesses Can Get Better at Managing Cash Flow
One of the most essential jobs for a small-business owner is ensuring that enough money is coming in — at the right time. Managing cash flow well means that you have money to pay bills during slow times. Managing it poorly could mean the end of your business, no matter your revenue. We asked Dmitriy Fomichenko , a

A Beginner's Guide to Freelancing
More than one in three American workers are setting their own hours and working from home or cafes while still contributing to companies large and small on a consistent basis. Yes, freelance or contract employees are here, and they’re here to stay, given that technology increasingly allows us all to work together

What Business Owners Should Think About in the First Year
You’ve come up with an idea for a product or service, identified a target market and decided to start your small business. Congratulations on pursuing your dream! Now comes the hard part — long months spent building a business, one customer at a time. The first year of a small business’s existence is crucial, as

Why Ignoring Cash Flow Can Kill Your Small Business
Businesses face many hurdles, especially when just getting started, and cash flow is near the top of the list. Even for profitable companies, it can be a challenge to make sure that more money is coming in every month than is going out. Inventory, accounts receivable, vendor contracts and payroll all must be managed

Organizational special sauce: an intangible force
”Two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun.” You may know this line as the commercial jingle describing the Big Mac that McDonalds’ created to compete with the Hardee’s Husky, which came with essentially the same condiments, including Hardee’s own special sauce. Over

The Benefits of Credit Card Financing For Small Business
It’s becoming increasingly harder for small businesses to get traditional loans, forcing many entrepreneurs to scramble for solutions. As MotleyFool’s John Maxfield puts it “loans to big businesses offer economies of scale, which offset the individualized attention that’s needed to analyze a business’

Four marketplace truths about your customers
Spend time in the marketplace and you’ll have many close encounters of the third kind with the most interesting species in all of nature: the human being. And as we have learned, the nature of humans isn’t much different from other animals: All need to breathe, eat, drink, procreate and survive.  But there is

You say your business plan every day
Do you have a business plan? What? In your head? How’s that working for you? Don’t know how to get one started? Well consider this conversation that happens many times, every day, between business owners just like you and the people they meet. Friend:   “Hi Joe.  Heard you started a business. What’re you doing?”

Four things salespeople can learn from Sir Laurence Olivier
The great English actor, Sir Laurence Olivier, once admitted after a lifetime on stage and screen that he had always suffered from stage fright. Think about that. One of the 20 th century’s most revered actors, who appeared in over 120 stage roles, 60 movies, more than 15 television productions and countless

25 Ways to Double Your Paycheck in One Month
Let’s face it: Everyone wishes they were making more money. But unfortunately, not everyone can ask for a pay increase and actually get the raise. Still, there are ways you can increase your take-home pay each month without relying on a salary bump. So, double your monthly paycheck by employing these 25 tips.

What politicians, small business and mice have in common
Almost 20 years ago, Dr. Spencer Johnson wrote a legendary book titled, Who Moved My Cheese? It tells a story about four characters who ate only cheese. Early in the story all four characters went to the same place in their world – a maze – to get cheese. The first two were not picky about their cheese or where

Do you value your soybeans more than your time?
Ever think about time as a commodity? Commodity: something in common use, readily available and virtually the same wherever you find it. Time certainly fits that definition, doesn’t it?  But so does a soybean. Time may be the only commodity we haven’t synthesized. Until we do, it will continue to be unique among

Leveraging a Business Line of Credit for Your Small Business
By Dmitriy Fomichenko Learn more about Dmitriy on NerdWallet’s Ask an Advisor Having access to credit can help your small business thrive — even if it’s facing difficulties. There are a number of financing options  for small businesses, but a business line of credit is often the best bet for those

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Fed Officials Saw Outlook as Cloudy at Meeting Before ‘Brexit’ Vote

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Here is the latest Economic News from The New York Times.

Fed Officials Saw Outlook as Cloudy at Meeting Before ‘Brexit’ Vote
A unanimous vote in June to keep rates steady was a result of confusion, rather than consensus.

On Money: Blaming Trade and Voting Trump in the Rust Belt
But his policies won’t do anything to bring back jobs.

Economic Scene: Job Training Can Work. So Why Isn’t There More of It?
Giving a leg up to U.S. workers on the lower rungs of the labor ladder could be a cost-effective way to counter economic and political hopelessness.

Welsh Reject E.U., but Its Money Will Be Missed
One of the looming questions in the aftermath of the “Brexit” vote is what happens to European Union aid flowing into places like Wales.

How Anti-Growth Sentiment, Reflected in Zoning Laws, Thwarts Equality
A growing body of economic literature suggests that efforts in America aimed at things like “maintaining neighborhood character” contribute to segregation and lead to stagnation.

Taking Refuge in Dollar Could Expose World Economy to New Perils
After the Brexit vote, the American currency is soaring — threatening a fragile recovery in the United States and risking trouble for emerging markets.

Disunion: Why the European Union Could Break if It Does Not Learn to Bend
More responsiveness and foresight on issues like immigration will probably be needed to head off other drastic outcomes like “Brexit.”

Economic View: How a Quest by Elites Is Driving ‘Brexit’ and Trump
Unlike the public, economists seem more concerned about the size of the pie than whether everyone gets a slice.

Aftershocks: An Index of Uncertainty Surges After ‘Brexit’
Quantifying the tremors that the British vote has spread, not just in Britain but across the Atlantic.

In Trade Stances Toward China, Clinton and Trump Both Signal a Chill
The candidates, grappling with economic populism and increasing concern over China’s military posture, could follow through on campaign pledges to toughen trade policy.

The 2016 Race: Donald Trump’s Economic Nostalgia
Opposing trade deals is disconnected from the decades-long direction of the United States economy.

First-Quarter Growth Revised Upward but Still Shows Slowdown
First-quarter G.D.P. growth has been revised higher by 0.6 percentage point since the first estimate was published in April, but the economy still slowed.

Aftershocks: Is ‘Brexit’ Europe’s Lehman Brothers Moment?
Britain’s vote and Lehman’s collapse both upended what people thought they knew about how the world worked.

Moment of Truth: How Much Will ‘Brexit’ Stress Banks? Some Ways to Tell
Governments, since the financial crisis of 2008, have sought to limit the threat that large banks pose to the wider economy. Now comes the test.

Economic Scene: The Anger Wave That May Just Wipe Out Laissez-Faire Economics
The “Brexit” vote was driven by a sense among older white workers that they have been passed over. The same frustration fuels the candidacy of Donald Trump.

Economic Trends: ‘Brexit’ Is Locking In the Forces That Already Haunt the Global Economy
Those forces have self-reinforcing, vicious-cycle dimensions that make it a perilous time for the world’s economies.

Economic View: A Family-Friendly Policy That’s Friendliest to Male Professors
Men who became parents used an extended tenure clock to publish their research, but there was no parallel rise in the output of female economists.

For America, ‘Brexit’ May Be a Warning of Globalization’s Limits
Britain’s vote to leave the E.U. may not bring recession to the U.S., but it could mark the end of a period of economic integration and open markets.

Market Reaction: How ‘Brexit’ Will Affect the Global Economy, Now and Later
Stock market declines aren’t too worrying, but a recession is a major risk in Britain and something of a risk in the rest of Europe and the U.S.

Aftershock: ‘Brexit’ Hits U.S. Stock Market Harder Than an Election
The sharp fall as of Friday morning reflected both the surprise factor and the economic implications for the United States.

Market Turmoil: What to Watch for in Trading After Shock of ‘Brexit’
Among other things, this will be a test of whether the banking overhauls introduced after the 2008 crash are equal to the challenges ahead.

Turbulence and Uncertainty for the Market After ‘Brexit’
Britain’s vote to leave the Europe Union kicks off a fraught and unpredictable process likely to spook investors around the world.

The 2016 Race: Hillary Clinton’s Message: Yes, the Economy Is Messed Up. But I Can Fix It.
She embraced the economic discontent that has fueled the rise of her opponents, while presenting herself as the person most qualified to address it.

News Analysis: Questions for Yellen From Congress, but Not Quite to the Point
Janet Yellen’s testimony before a House committee highlighted how real debate about the economy has been overshadowed by partisan politics.

The 2016 Race: Hillary Clinton’s Message: Yes, the Economy Is Messed Up. But I Can Fix It.
She embraced the economic discontent that has fueled the rise of her opponents, while presenting herself as the person most qualified to address it.

Existing-Home Sales Surged in May, Reaching 9-Year High
The National Association of Realtors said that sales increased 1.8 percent, to an annual rate of 5.53 million units last month, the highest level since February 2007.

A Failure to Evaluate: For-Profit-College Fiasco: Why a Watchdog Needs a Watchdog
An accreditor that allowed mismanaged for-profits to exist now faces extinction.

Hillary Clinton Makes Dire Predictions for Economy if Donald Trump Wins
Mrs. Clinton belittled Mr. Trump’s record as a businessman and said his economic policies would cause a global recession.

The 2016 Race: Would a Trump Presidency Mean Economic Disaster? Let’s Take a Look
A report from Moody’s Analytics is useful more for its general conclusions about the direction of the economy than in its specific predictions.

The Moody’s Economic Report That Clinton Is Using to Attack Trump
If all of Donald Trump’s plans were put into effect, the analysts say, the economy would go into a recession by the end of his first term.

Hillary Clinton to Pummel Donald Trump on Economy, Calling Him Uncaring
In a speech on Tuesday, Mrs. Clinton plans to portray Mr. Trump as an unscrupulous businessman whose policies would lead to another financial crisis.

Economic Scene: Whether Britain Stays or Goes, Discontent Will Remain
Europe itself lacks a firm democratic foundation, leaving voters to express dissatisfaction only by supporting extremist political movements.

Janet Yellen Hints That Fed May Hold Back on Raising Interest Rates

The post Fed Officials Saw Outlook as Cloudy at Meeting Before ‘Brexit’ Vote appeared first on TheTrendler.

JGBs mostly firm, benchmark 10-year yield hits record low

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Here is the latest Bond News from Reuters.

JGBs mostly firm, benchmark 10-year yield hits record low
TOKYO, July 8 (Reuters) – Japanese government bonds mostly firmed on Friday, sending the benchmark yield to a record low, as risk-averse investors continued to seek the safety of government debt.

Euro zone yields near lows, U.S. data unlikely to clear Fed’s Brexit fog
LONDON, July 8 (Reuters) – Euro zone yields fell near record lows on Friday ahead of U.S. jobs data seen as unlikely to shift the rate path for U.S policymakers still struggling to see through the…

CEE MARKETS-Forint gains on hopes for Moody’s upgrade
By Krisztina Than BUDAPEST, July 8 (Reuters) – The forint gained and the shares of the largest Hungarian bank, OTP, rose half a percent in early trade on Friday as markets increasingly bet…

GLOBAL MARKETS-U.S. jobs data to draw bruising, volatile week to close
LONDON, July 8 (Reuters) – Stocks struggled for direction on Friday and U.S. Treasury yields remained anchored close to this week’s record low, marking their longest run of consecutive weekly…

EMERGING MARKETS-Emerging stocks slip; yuan set for fifth week of losses
LONDON, July 8 (Reuters) – Emerging stocks retreated on Friday and were set to end the week down almost 2 percent, whilst the yuan faced its fifth straight week of decline against the dollar, its…

UPDATE 1-China’s central bank queries some banks on MLF demand – sources
SHANGHAI, July 8 (Reuters) – The People’s Bank of China has queried some banks on their demand for medium term lending facility (MLF) loans later in July, multiple sources with direct knowledge of…

PRESS DIGEST – Wall Street Journal – July 8
July 8 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

British property panic a red flag for banks, insurers
FRANKFURT/ LONDON, July 8 (Reuters) – The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building…

BRIEF-Sare Holding signs credit deal for up to MXN 150.0 mln
* Said on Thursday it had signed credit opening contract with SHF for up to 150.0 million Mexican pesos ($8.0 million)

Uber raises $1.15 billion leveraged loan
July 7 (Reuters) – Uber Technologies Inc. has secured a $1.15 billion leveraged loan, a person familiar with the matter said on Thursday, the latest capital infusion for the well-financed…

GLOBAL MARKETS-Asian stocks set for weekly drop as investors seek safety; gold shines
HONG KONG, July 8 (Reuters) – Asian stocks looked set to post their biggest weekly loss in three weeks on Friday and government bond yields plunged to fresh record lows as investors awaited U.S. jobs…

UPDATE 1-U.S.-based gold funds attract most money since February – Lipper
(Adds details on mutual fund and ETF flows, analyst quote, table, byline) By Trevor Hunnicutt NEW YORK, July 7 (Reuters) – Investors poured the most money into U.S.-based funds invested in…

BRIEF-TMAC Resources makes $35 mln second draw under $120 mln senior secured term facility
* TMAC Resources makes $35 million second draw under $120 million senior secured term facility

BRIEF-Care Capital Properties prices $500 mln of senior notes due 2026
* Care Capital Properties prices $500 million of senior notes due 2026

UPDATE 1-U.S. muni bond funds post outflows, but merger impact unclear
(Recasts with break in long streak of inflows; adds uncertainty about the data due to fund merger) By Hilary Russ July 7 (Reuters) – Investors pulled a net $46.9 million out of U.S. municipal…

BRIEF-Uber raises $1.15 billion from first leveraged loan – WSJ
* UBER will pay a yield of about 5 pct on the leveraged loan – WSJ, citing source Source text – (http://on.wsj.com/29ynj0L) Further company coverage: (Bengaluru Newsroom)

Holdout Manitoba agrees to join Canada pension plan reform
TORONTO, July 7 (Reuters) – The Canadian province of Manitoba has given its support to a plan to expand the national pension scheme, the federal finance ministry said in a statement on Thursday.

BRIEF-Sunoco Logistics Partners announces pricing of $550 mln of senior notes
* Pricing of $550 million aggregate principal amount of 3.90% senior notes due 2026

PRESS DIGEST-British Business – July 8
July 8 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Gawker wins court approval to kick off bankruptcy auction
NEW YORK, July 7 (Reuters) – Gawker Media LLC won approval from a U.S. bankruptcy court judge on Thursday to begin a process to sell itself, allowing the online publishing pioneer to begin an auction…

GLOBAL MARKETS-World stocks rise, but Wall St dips with oil ahead of jobs report
* Oil prices fall as report short of expectations (Updates to close of U.S. trading, adds analyst quote, note on emerging markets stocks)

BRIEF-Alpha Natural Resources’ plan of reorganization confirmed by U.S. Bankruptcy court
* Alpha Natural Resources’ plan of reorganization confirmed by U.S. Bankruptcy court

BRIEF-John B Sanfilippo & Son enters seventh amendment to credit agreement
* Entered seventh amendment to credit agreement which extended maturity date of agreement from July 15, 2019 to July 7, 2021

Eletrobras may never pay some Petrobras debts -official
RIO DE JANEIRO, July 7 (Reuters) – Brazil’s state-led oil firm Petrobras may never collect some debts owed it by state-run power utility Eletrobras, the energy ministry said on…

BRIEF-Regency Centers entered into fifth amendment to term loan agreement on July 7 – SEC Filing
* Fifth amendment eliminates delayed draw feature in term loan agreement, reduces applicable interest rate to libor plus 0.95%

BRIEF-Metabolix had unrestricted cash and cash equivalents of about $5.3 mln as of March 31 – SEC Filing
* As of March 31, 2016, company had unrestricted cash and cash equivalents of approximately $5.3 million

BRIEF-Birchcliff Energy enters agreement with Schulich Foundation to sell 3 mln subscription receipts at a price of $6.25 per receipt
* Subscription agreement with schulich foundation to sell 3 million subscription receipts at a price of $6.25 per subscription receipt

The post JGBs mostly firm, benchmark 10-year yield hits record low appeared first on TheTrendler.

Boom! US private employers added more jobs than expected

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Here is the latest Economic News from CNBC.

How NJ’s economy could impact a Trump-Christie ticket
New Jersey Gov. Chris Christie could be a strong political asset to the GOP ticket, but his economic record would be a liability.

US employers planned 38,536 layoffs in June as pace of cuts slows
Layoffs by U.S. employers ticked up in June, but payroll reductions for 2016 are trailing off, Challenger, Gray & Christmas reports.

Boom! US private employers added more jobs than expected
Employment in the private sector rose more than expected in June, led by gains in small-business jobs, according to ADP.

More signs of labor market strength — weekly jobless claims drop
The number of Americans filing for benefits unexpectedly fell, offering further confirmation that the labor market remains on solid footing.

For older workers, getting a new job is like winning the lottery
Getting fired for getting old is a problem that’s only going to get worse as the workforce ages.

The Fed could tighten in September, but it will be a tall order, experts say
A Fed hike could happen in September, but only if the labor market sees a sharp bounce back, Barclays’ Rob Martin says.

US trade deficit widens in May as oil prices lift import bill
The trade deficit widened in May as rising oil prices helped to push up the import bill and exports remained constrained by a strong dollar.

Fed’s Tarullo says no rate hikes needed until inflation is more solid
Federal Reserve Gov. Tarullo said a rate hike depends on inflation becoming more solid.

US ISM services index hits 7-month high in June
The pace of growth in the U.S. economy’s service sector increased in June by the fastest pace in seven months.

2 states in a tug-of-war for workers that’s costing millions
The unwinnable battle between Kansas and Missouri to attract companies highlights the folly of state incentives.

US consumer spending rises for second straight month
Spending rose on demand for automobiles and other goods, but there are fears the U.K.’s vote to leave the EU could prompt Americans to cut back.

Mortgage association: Fed’s still going to hike this year
Despite the Brexit vote, the Mortgage Bankers Association still thinks a rate hike is on the way for July.

Pending home sales down 3.7%, marking first annual drop in two years
The final push of the spring housing season turned out weaker than expected. Contracts to buy existing homes fell 3.7 percent in May.

Alaska could put an end to oil checks paid to residents since 1982
As Alaska faces a budget deficit, the oil fund wealth checks distributed to nearly every Alaskan could be on the chopping block.

Trump victory would be ‘equivalent to Brexit’ in US, Clinton supporter says
Business leader Glenn Hutchins says the U.S. needs to avoid at all costs self-inflicted “chaos and uncertainty.”

Puerto Rico debt relief passes key Senate test
A rescue package for debt-stricken Puerto Rico has survived a test vote in the Senate.

US first-quarter GDP growth revised up to 1.1 percent
Growth slowed, but not as sharply as estimated, with gains in exports and investment in software partially offsetting weak consumer spending.

US home prices rise 5.4% in 20 cities in April: S&P/Case-Shiller
Home prices rose in April as a growing number of cities surpassed records set before the Great Recession.

US international trade deficit widens unexpectedly
The U.S. advance goods trade deficit totaled a wider-than-expected $60.59 billion in May.

Durable goods orders tumble unexpectedly in May on huge drop in aircraft orders
Orders for long-lasting factory goods fell more sharply than expected in May, amid a huge drop in defense aircraft orders.

Consumer sentiment dims in June
Consumers had a slightly dimmer view of the economy prior to Friday’s stock market rout.

US existing home sales hit 9-year high
Improving supply increased choice for buyers, suggesting the economy remains on solid footing.

Mortgage applications up 3% on lowest rates in three years
Another drop in mortgage interest rates sent borrowers back to the bank to refinance home loans.

Fed’s Powell: Brexit vote could bring ‘significant volatility’ in markets
But Fed Gov. Jay Powell tells CNBC the central bank is ready for whatever happens.

IMF downgrades outlook for US economy
The International Monetary Fund said America should raise the minimum wage to help the poor and offer paid maternity leave to encourage women to work.

Yellen makes ‘uncertainty’ new mantra; market has doubts
The Fed’s dwindling confidence in its own outlook is creating a policy problem that may require Janet Yellen to lay out her own views more forcefully.

Hillary Clinton to deliver economic policy speech aimed at Donald Trump
Hillary Clinton will make the case that Donald Trump is “unfit” to manage the economy in a speech modeled after her foreign policy takedown of Trump.

Brexit 101: Why this week’s vote is important for regular Americans
It’s more than stocks or currencies: The global economy could be damaged if the U.K. votes to leave the EU.

Soros warns that Brexit could trigger ‘Black Friday’ — and a recession
A Brexit would trigger a sell-off in the pound and a decline in household income, according to the billionaire investor.

Yellen: ‘Very severe’ consequences for Trump debt proposal
Fed Chair Janet Yellen went in front of the Senate Banking Committee Tuesday. Follow along with CNBC’s live coverage.

The next recession is already here—and there isn’t much the Fed can do
The next recession is probably already here and since there isn’t much the Fed can co, it may last longer than the last one, says Michael Pento.

Fed’s Yellen says she’s watchful, but threats are ‘not elevated’
Global risks and a hiring slowdown warrant a cautious approach to raising interest rates, Fed Chair Janet Yellen said.

One of the Fed’s most aggressive hawks just slashed his growth outlook
The Fed’s Jim Bullard says low growth and a very low fed funds rate of just 63 basis points will likely persist through 2018.

US housing starts dip, permits maintain gains
Starts slipped as multifamily housing construction dropped, but gains in building permits suggested a rebound that would continue to support growth.

The jobs picture is getting even worse, Philly Fed says
Amid the data deluge Thursday morning, one number may have stood out more than others, at least to the Fed.

Jim Grant’s prediction: Fed will move in the ‘direction of ease’
Jim Grant explains what he believes to be the Fed’s next move, in light of its decision not to raise interest rates.

Fed rate hikes in July or September are now a ‘crapshoot’: Strategist
The Federal Reserve may not raise interest rates until Christmas, Federated’s Phil Orlando says.

US jobless claims rise more than expected; four-week average falls
The number of Americans filing for unemployment rose more than expected last week.

The post Boom! US private employers added more jobs than expected appeared first on TheTrendler.

Two reporters detained during Black Lives Matter protest in Rochester

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Here is the latest Media News from CNN Money.

Two reporters detained during Black Lives Matter protest in Rochester
Two reporters were handcuffed and detained while covering a protest in Rochester, New York on Friday night, stirring concern among journalists.

Carlson v. Ailes case deepens as decades-old harassment claims surface
Read full story for latest details.

Lin-Manuel Miranda takes the ‘Hamilton’ stage one last time
Lin-Manuel Miranda will have to teach himself how to say goodbye as he takes the “Hamilton” stage for the final time Saturday night.

Journalist Sydney Schanberg, known for coverage of Cambodia terror, dies
Former NY Times journalist Sydney Schanberg died on Saturday. Schanberg was known for his coverage of the terror in Cambodia during the 1970’s.

MTV and BET suspend programming for live town hall on racial violence
MTV President Sean Atkins explains why the network is holding a live town hall following the country’s tragic week.

Facebook Live’s big moment raises even bigger questions
Read full story for latest details.

Mike Tirico on the Olympics and his move to NBC
Mike Tirico left ESPN after 25 years to go to NBC. The chance to cover the Olympics was a big reason why.

‘The Night Of’ brings arresting crime drama to HBO
After what has been a rough patch for HBO, enter “The Night Of,” an eight-part limited series that comes as close to recapturing the hypnotic magic of the first “True Detective” as anything has since.

Kelly Ripa’s bakeoff continues for Strahan successor
The most intriguing reality TV competition of the moment isn’t “The Bachelorette” — it’s the ongoing live auditions for a co-host for Kelly Ripa on “Live! with Kelly.”

‘The Secret Life of Pets’ unleashes a great idea but can’t curb it
“The Secret Life of Pets” unleashes a great title and concept — hey, what does the dog do after we leave for work? — before losing control of a movie that would have benefited from being curbed.

The busy life of Kevin Hart meets ‘The Secret Life of Pets’
Kevin Hart is looking to keep his busy 2016 going with Universal and Illumination Entertainment’s “The Secret Life of Pets.”

Univision sues newly-expanded cable company Charter
Univision is suing the cable company Charter for breach of contract. Here’s what’s going on behind the scenes.

How it happened: watching the media’s coverage of Dallas shooting
A timeline chronicling the media’s response to the shooting of police officers at a Dallas protest against police brutality.

A Marvel insider explains why its iconic superheroes are getting more diverse
A Q&A with Marvel’s director of content and character development, Sana Amanat, after the announcement that an African-American girl is about to take over as Iron Man.

Roger Ailes lawsuit is challenge, opportunity for Murdoch sons
Rupert Murdoch’s sons and heirs apparent, James and Lachlan, have long clashed with Fox News chief Roger Ailes; the sexual harassment lawsuit against him may be their chance to move against him, though perhaps not in the way they would have liked.

How HBO stole back “The Night Of,” its next big show
The inside story of how the show that could be HBO’s new hit went from HBO to other networks and then back again.

How Rupert Murdoch’s media empire covered the Roger Ailes sex harassment suit
If Fox News CEO Roger Ailes’ job is under threat due to the sexual harassment lawsuit filed by former Fox host Gretchen Carlson Wednesday, the first signs of trouble may come from the New York Post and other media outlets owned by Ailes’ boss, Rupert Murdoch.

Carlson attorneys to Ailes: talk under oath about sexual harassment allegation
Read full story for latest details.

Every day is Prime Day for Jeff Bezos
Amazon’s Jeff Bezos is close to passing Berkshire Hathaway’s Warren Buffett to become the world’s third richest person. But Buffett is having a pretty good year too … and has invested in key Amazon rivals Apple and Walmart.

Philando Castile and the power of Facebook Live
When Philando Castile was shot by a Minnesota police officer Wednesday evening, his girlfriend’s first instinct was to start broadcasting.

CBS planning to spin off radio business
CBS is planning on spinning off its radio business, one of the largest and oldest companies in media.

Despite Donald Trump, ABC News sticking with the convention coverage script
ABC News is ignoring the lure of outsized ratings that a Republican convention headlined by Donald Trump offers, providing only one hour of convention coverage per night

Los Angeles Rams score a reality show with E!
Los Angeles Rams will star in a new E! reality show called “Hollywood & Football.”

Former Fox News host Gretchen Carlson sues Roger Ailes for sexual harassment
Gretchen Carlson, a longtime host on Fox News, is accusing the network’s CEO and chairman Roger Ailes of sexual harassment and retaliation.

Chris Evans resigns from BBC’s Top Gear
Radio show host Chris Evans has resigned from BBC money-spinner Top Gear after a mixed first season.

Garrison Keillor says goodbye to ‘Prairie Home Companion’
On his retirement show, Keillor was joined by President Obama, who said listening to Keillor’s stories is one of the things he misses about driving.

Donald Trump ‘would love to’ talk about birtherism. Here’s why he doesn’t
Donald Trump is rarely reluctant to weigh in when he’s the subject of a story, yet declined to comment to the New York Times’ front-page story about ‘birtherism.’

FBI’s secret rules to spy on journalists and hunt their sources
The FBI uses a tactic — once reserved for terrorists and spies — to hunt down whistleblowers leaking information to journalists.

Jay Z: From drug dealer to wheeler dealer
For the 20th anniversary of “Reasonable Doubt,” a look back at how Jay Z went from dealing drugs to being a mogul with his hand in far more than just the music industry.

Lionsgate-Starz merger highlights Hollywood’s ‘bigger is better’ mentality
Lionsgate’s announced $4.4 billion acquisition of Starz, the pay cable enterprise, is just the latest sign of skepticism about a go-it-alone approach.

‘The Hunt’ shows that in nature documentaries, not all prey is created equal
Amid what has become a golden age for nature documentaries, “The Hunt” reminds us that when it comes to unflinching views of the animal world, not all prey is created equal.

Will buying Tidal help Apple fend off Spotify?
Apple is reportedly in talks to purchase the Jay Z-backed music service Tidal. The news comes as music rival Spotify is supposedly angry at Apple as well for taking its time to approve its new app.

Newsweek hit by layoffs after day of suspense
About half a dozen staffers were let go a day after much larger cuts at one of its sister publications.

Sumner Redstone court drama keeps dragging on
A Massachusetts judge says he’ll need more time to consider arguments over Redstone’s mental competency.

‘Legend of Tarzan’ awkwardly swings into theaters
Despite a long cinematic history, Tarzan remains one of the more maligned literary characters in making the leap to film. Despite points for effort and ingenuity, “The Legend of Tarzan” doesn’t do much to improve on that tradition.

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