Big business eyes US rebound ahead of Fed hike
Chief financial officers from around the globe are betting on a rebound for the U.S. economy in the next six months.
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Goldman Again Sees China Rebound
As gloom gathered over China’s economic outlook in March last year, Goldman Sachs Group Inc. economist Song Yu declared growth likely had “troughed” and a rebound would follow. The top forecaster on China’s economy was proven right, and sees a repeat this year. “Now it’s very similar to this time of last year in terms of having a combination of monetary, fiscal and administrative loosening,” said Beijing-based Song, ranked the
Oil falls towards $65 on signs of U.S. shale oil recovery
Oil slipped towards $65 a barrel on Monday as signs that U.S. shale oil production was recovering after a recent price rally renewed concerns of a growing global supply glut. China’s latest move to bolster its economy offset some of the losses as it raised hopes that the world’s top energy consumer would help absorb supplies. Brent crude for June was down 30 cents at $65.09 (£42.02) a barrel by
Citigroup says could plead guilty to settle forex probe
Citigroup Inc said it could plead guilty to an antitrust charge to resolve a U.S. Department of Justice investigation of its dealings in foreign exchange markets. In a regulatory filing on Monday, the company also said the Justice Department had advised that it did not intend to prosecute the bank in a separate investigation into the setting of interest rates between banks. Citigroup is one of six major banks that
Revenge Boss Reveals Biggest Regret and The Answer Will Totally Surprise You
All good thing must come to an end—even Revenge. After four years, Emily Thorne’s (Emily VanCamp) mission finally comes to an explosive end in the ABC soap’s series finale,…
'The Witcher 3' takes a cue from 'Game of Thrones'
LOS ANGELES (AP) — “The Witcher 3: Wild Hunt” isn’t shying away from its name.
Musical of the book 'Beaches' to wash ashore in Chicago
NEW YORK (AP) — Chicagoans, get out your hankies — a stage musical of “Beaches” is coming.
Memories from the CBS boss who signed Dave 22 long years ago
NEW YORK (AP) — In his long career at CBS and then as Sony boss, Howard Stringer faced plenty of ticklish negotiations and weighty talent deals.
Latest on Boston trial: Warden called as rebuttal witness
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Picasso, Giacometti works set to challenge auction records
NEW YORK (AP) — With collectors’ appetite for masterpieces of impressionist, modern and contemporary art seemingly unbounded, two works are poised to challenge world auction records on Monday.