Will the markets' May-September romance turn rocky?
As the back half of May unfolds, a large majority of Wall Street play callers are projecting that September will see the first Fed rate hike. Too cozy a consensus?
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Goldman cuts crude outlook and oil company forecasts
Goldman Sachs slashed its crude oil price forecasts for 2016 to 2020, citing improved U.S. shale efficiency meeting global oil demand, coupled with unimpeded OPEC productivity.
MasterCard to Face EU Antitrust Complaint Over Fees
MasterCard Inc. is poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement of objections to MasterCard before the end of July, said the people, who asked not to be named because the case isn’t public. “MasterCard being much more internationally focused, it has been more inclined to fight than to settle so
Dollar strength may knock $40B off dividends: Report
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping in the first quarter compared to a year ago.
Greece says can pay wages and pensions, needs deal by end of May
Greece’s government will pay public-sector wages and pensions in May but needs an agreement with creditors by the end of the month, its spokesman said on Monday, amid growing fears the country is on the verge of bankruptcy. Without aid or access to debt markets, Athens is close to running out of money – it had to empty an International Monetary Fund reserves account to make a debt payment to
CEO: Nissan will be ready with autonomous driving by 2020
Nissan Motor Co. will have vehicles packed with autonomous driving technology by 2020 but whether people will be able to drive them on roads is up to government regulators, Chief Executive Carlos Ghosn …
Chris Pratt Remembers Being "the Guy Holding the Purse" at Events With Anna Faris Before He Became a Star
Chris Pratt will never forget how it felt to stand in Anna Faris’ shadow. Though the actress never made Pratt feel that way, some people around them did. For most of their marriage,…
Chrissy Teigen Ignores Woman Who Falls in Front of Her During the Billboard Music Awards—Watch Now!
Don’t get in Chrissy Teigen’s way! A woman who tried to sneak out of the Billboard Music Awards Sunday tripped behind the evening’s hostess with the mostess, but instead of…
Former NFL Linebacker Adrian Robinson Jr. Dies at Age 25
Former NFL Linebacker Adrian Robinson Jr. died Saturday night. He was 25. His agency confirmed the news but did not release a cause of death. Robinson began his professional…
Empire's Serayah Reveals Secrets Behind Taylor Swift's "Bad Blood" Music Video
It’s the video we all just can’t stop talking about! After much anticipation and far too many eye-catching teases on social media, Taylor Swift finally premiered her music video…