Yellen Says Economy Near Goals Warrants Gradual Rate Hikes – Bloomberg

Yellen Says Economy Near Goals Warrants Gradual Rate Hikes – Bloomberg

Federal Reserve Chair Janet Yellen said the U.S. economy is “close” to the central bank’s objectives of full employment and stable prices and she’s confident it will continue to improve. “It is fair to say the economy is near maximum employment and inflation is moving toward our goal,” Yellen told the Commonwealth Club in San […]

Wall Street falls as bank, healthcare shares weigh – Reuters

NEW YORK U.S. stocks fell on Tuesday, with financials, transports and other big post-election gainers losing ground as earnings season kicked into gear. Also weighing on stocks were concerns about protectionist trade policies planned by U.S. President-elect Donald Trump. The concerns pushed the dollar to its lowest in more than a month and bond yields […]

May’s Brexit Hardball Raises Chances of All-or-Nothing EU Deal – Bloomberg

U.K. Prime Minister Theresa May is playing hardball as she pursues a “hard Brexit.” Her agenda is now to leave the single market, quit sending large sums of money to Brussels, clamp down on immigration and restore law-making powers to British politicians and judges. In her much-anticipated speech on how she wants to withdraw Britain […]

European eyewear giants Luxottica and Essilor to merge – USA TODAY

European eyewear giants Luxottica and Essilor to merge – USA TODAY

x Embed x Share The merger will create a company with revenues of over €15 billion. Newslook Maggie Gyllenhaal and Kevin Bacon attend the Ray-Ban Remasters party at the Bowery Ballroom in New York City.(Photo: PR NEWSWIRE) A new global eyewear giant is set to emerge as Italian frames maker Luxottica — home to popular brands […]

On the border, waiting for the big, beautiful wall – Yahoo News

On the border, waiting for the big, beautiful wall – Yahoo News

In the weeks leading up to the inauguration, Yahoo News visited towns and cities across the country, speaking to voters who had supported Donald Trump in the election. As the shape of his administration emerged, we asked voters if they were happy with their choice and optimistic about the future. Here is some of what […]

Eight billionaires ‘as rich as world’s poorest half’ – BBC News

Eight billionaires ‘as rich as world’s poorest half’ – BBC News

Image copyright Getty Images Image caption Superyachts are the calling card of some ultra-wealthy individuals The world’s eight richest individuals have as much wealth as the 3.6bn people who make up the poorest half of the world, according to Oxfam. The charity said its figures were based on improved data and showed the gap between […]

Protests derail UC Davis event with Breitbart’s Milo Yiannopoulos, ‘Pharma Bro’ Martin Shkreli – Washington Post

Milo Yiannopoulos, a conservative columnist and Internet personality, holds a news conference down the street from the Pulse nightclub in Orlando on June 15. (Drew Angerer/Getty Images) A college campus event hosting Milo Yiannopoulos and Martin Shkreli, two controversial and polarizing figures who have both been banned on Twitter, was canceled because of heated protests Friday […]

7 Reasons to Use a Roth IRA to Save for Retirement – Motley Fool

7 Reasons to Use a Roth IRA to Save for Retirement – Motley Fool

The Roth IRA is one of the best, but least understood, ways for Americans to save and invest for their retirement. There are several things most people don’t realize about Roth IRAs — for example, did you know that you can withdraw your Roth contributions whenever you want, without penalty? Here’s what you need to […]

Michael Lynton Exits Sony Pictures Entertainment to Become Chair of Snapchat – Variety

UPDATED: Sony Pictures Entertainment Chairman and CEO Michael Lynton announced Friday that he is stepping down from the entertainment conglomerate to focus his attention on his chairmanship of Snapchat, the social media company in which he has a major investment. Lynton is leaving his post atop the conglomerate’s motion picture, television and music units but […]

It’s OK to Love Banks Again – Bloomberg

It only took a decade but it’s officially OK to fall for U.S. banks again.  Consumers feel good. Business leaders feel good. And interest rates are finally not zero — in fact, they may get an extra lift from President-elect Donald Trump, should his policies boost economic growth as everyone seems to be expecting. The […]

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