Apple’s Gay CEO Fills Role Model Void for LGBT Employees

Posted by Forexsq 5 hours ago (
img As chief executive officer of Apple Inc., the world’s most valuable technology company, Tim Cook has license to say what he thinks, including announcing that he’s “proud to be gay” in Bloomberg Businessweek yesterday.

That pronouncement, almost universally lauded, is a lot riskier for gay executives still trying to get to the corner office.

3 reasons why you should expect a 30% market meltdown

Posted by Forexsq 4 days ago (
img In a commentary for Marketwatch just over two months ago, I predicted that the U.S. stock faced at least a 20% correction. The signals now point to a 30% downturn.

How to avoid homebuyer's remorse

Posted by Forexsq 7 days ago (
img Big purchases often come with big expectations.

So it's no wonder that in a recent survey of 2,000 homebuyers, a whopping 80% said they regretted at least one thing about their home.

The number one complaint: The home just isn't big enough, mortgage information site found. Others complained about a lack of closet space or that the place didn't have enough bathrooms. Bad neighbors we

U.S. benchmarks hesitate at major resistance

Posted by Forexsq 11 days ago (
img Despite a pronounced volatility spike, the U.S. markets’ price action remains distinctly technical.

Yen Drops as Stock Gains Damp Bid for Safety; Chile’s Peso Rises - Bloomberg

Posted by Forexsq 14 days ago (
img The yen declined against most of its 31 major peers as equities gained, damping demand for the safest assets.

Emerging-market currencies rallied, while a gauge of expectations for volatility slipped from an eight-month high reached this week when traders re-evaluated prospects for global growth, U.S. monetary policy and the spread of Ebola. Chile’s peso rose as policy makers signaled the perio

Obama Regroups With Allies as Airstrikes Fail to Stop Islamic State Gains

Posted by Forexsq 17 days ago (
img President Barack Obama will try to shore up a coalition against Islamic State forces today as airstrikes have failed to stop the extremist Sunni group from gaining territory in Iraq and Syria.

With questions growing about a plan that lacks effective ground forces, Obama and the top U.S. military officer will meet with defense ministers from more than 20 allied countries to bolster support for

ECB Clash Resumes as Draghi Spars With Weidmann on Stimulus

Posted by Forexsq 18 days ago (
img Mario Draghi and Jens Weidmann are clashing anew over how much more stimulus the ailing euro-area economy needs from the European Central Bank.

As Europe’s woes again proved the chief concern at weekend meetings of the International Monetary Fund in Washington, President Draghi repeated he’s ready to expand the ECB’s balance sheet by as much as 1 trillion euros ($1.3 trillion) to beat back the

Coca-Cola stays bubbly amid market rout

Posted by Forexsq 21 days ago (
img U.S. stocks were mostly lower on Friday, but consumer staples rose amid the market uncertainty, with beverage giant Coca-Cola Co (KO.N) again lifting the sector.

Coke was up 1.6 percent to $44.55 and on track for a record close. Earlier this week, the Dow component hit a new all-time high, taking out a level that had persisted since 1998. Over the past 20 sessions, it has only dropped five tim

U.S. 30-Year Yields at Almost 17-Month Low Before Fed Minutes - Bloomberg

Posted by Forexsq 23 days ago (
img Treasury 30-year bond yields traded at almost the lowest level since May 2013 before the Federal Reserve releases minutes of its latest policy meeting.

Benchmark 10-year notes erased losses as Chicago Fed President Charles Evans said unemployment remains too high and a stronger dollar could hurt the country’s exports. Government bonds surged around the world yesterday as the International Mone

H-P split paves way for M&A deals

Posted by Forexsq 25 days ago (
img A Hewlett-Packard Co. split is good for the company and its investors and opens a door to acquisitions, analysts said Monday as the computer giant confirmed plans to separate its hardware and services businesses.

If successful, H-P’s HPQ, +4.75% computer/printer business and enterprise/services operations would roll out as two standalone publicly-traded companies, each with more than $50 bill

Billionaire Buffett Says Tesco Investment Was ‘A Huge Mistake’

Posted by Forexsq 28 days ago (
img Billionaire investor Warren Buffett said his investment in Tesco Plc was a “huge mistake,” as the U.K. supermarket leader’s share price remains close to an 11-year low amid declining sales and an accounting probe.

“I made a mistake on that one,” Buffett, 84, said in an interview with CNBC today. “That was a huge mistake by me.”

Ukrainian Truce Frays as Rebels Step Up Airport Attacks

Posted by Forexsq 30 days ago (
img The cease-fire in Ukraine that curtailed casualties for four weeks is starting to fray as the military said pro-Russian insurgents intensified their efforts to take control of the airport in Donetsk.

Government forces still hold the airport of the biggest city in the combat zone after repelling a one-hour separatist assault this morning, the army said on Facebook. Ten civilians were killed and

Goldman Sachs Said to Prohibit Bankers From Buying Stocks

Posted by Forexsq 32 days ago (
img Goldman Sachs Group Inc. (GS), the top adviser on corporate takeovers, is changing a policy addressing conflicts of interest to bar investment bankers from trading individual stocks and bonds, a person with direct knowledge of the matter said.

Employees at the New York-based firm were notified yesterday of the change, which takes effect immediately, said the person, who requested anonymity bec

The Secret Goldman Sachs Tapes

Posted by Forexsq 35 days ago (
img The public doesn't seem to understand just how dysfunctional our financial regulatory system is, Michael Lewis writes. That may change today with a radio report from "This American Life."

U.S. Stocks Decline as China Damps Stimulus Optimism

Posted by Forexsq 39 days ago (
img U.S. stocks fell, after the Standard & Poor’s 500 Index reached a record last week, as China’s finance minister damped speculation his government will boost stimulus and as investors awaited data on home sales.

The S&P 500 dropped 0.2 percent to 2,007.39 at 9:30 a.m. in New York. The Dow Jones Industrial Average slid 10.73 points, or 0.1 percent, to 17,269.01.

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