Bill Gross: Fed recognizing zero percent rates causing harm to U.S.
Bill Gross on Thursday said the Federal Reserve is beginning to recognize that ultra low interest rates increasingly have negative as well as positive consequences.
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Market's monsters prove benign, as scare-and-relief pattern holds
Standard worries about U.S. growth, stalled corporate earnings and ragged action in the market itself have lingered close, to ensure anxiety levels never fall too far.
US cuts estimates for economic growth over past 3 years
The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments. The …
Zuckerberg to Wall St.: be patient, big things take time
Patience is a rare investor virtue. Mark Zuckerberg thinks he has the track record to ask for it.
U.S. jobless claims increase, but still near cycle lows
The number of Americans filing new applications for unemployment benefits increased last week, but remained near cycle lows in a sign that the jobs market was gaining steam. Initial claims for state unemployment …
Shell plans for 'prolonged downturn' in oil prices
Royal Dutch Shell warned on Thursday that lower oil prices could continue for several years, as earnings fell by a third.
Uber launches car leasing unit, makes entry into financial services
Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time. The move by Uber, announced as a pilot project on Wednesday, follows the end of its partnership with Banco Santander’s U.S. lending unit earlier this year. Uber announced the initiative but disclosed few financial details, though it
P&G's sales dip again on softer volume, exchange rates
Procter & Gamble’s sales fell for the sixth straight quarter as the world’s bigger consumer goods company was weighed down by softer sales volume and unfavorable currency exchange rates. The maker of products …
Paige Gets Nasty During Blonde Backstage Makeover—See the Total Divas Deleted Scene!
Paige lives and dies by her rockin’ style, but is she ready to switch things up? In this deleted scene from the latest episode of Total Divas, the WWE star messes big-time with…
Marlins Play ''Fart Noises'' During Nationals Batting Practice: Watch Now!
Let ‘er rip! The Miami Marlins decided to get revenge on the Washington Nationals during a super-mature batting practice yesterday. The Nationals are allegedly known for…