Bad jobs news, good stock news: Jim Paulsen
Jim Paulsen, chief investment strategist at Wells Capital Management, says the government’s April jobs report was not as strong as it appeared.
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McDonald's April global restaurant sales dip less than expected
Same-store sales at McDonald’s restaurants globally fell 0.6 percent in April, its 11th straight monthly decline. Same-restaurant sales grew 1 percent in Europe, as gains in the United Kingdom and Germany offset declines in the key markets of France and Russia amid economic volatility in the region. Shares of the world’s biggest restaurant chain were up 2 percent at $98.72 in morning trading, mirroring a rally in U.S. stocks following
Puerto Rico may run out of cash by end of Sept -development bank
Puerto Rico is set to run out of cash by the end of September without additional financing, and may implement emergency measures, including defaulting on its debt obligations, according to a report by the U.S. territory’s fiscal agent. The measures could include steps to cut government spending and a “moratorium on the payment of debt service” and “a debt adjustment for the Commonwealth,” the island’s Government Development Bank said in
Job growth regains steam, keeping Fed rate hike on track
U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, signs of a pick-up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year.
Scott Eastwood Buys His Own Men's Fitness Issue, Says It's a Moment of "Extreme Embarrassment"—See the Pic!
Don’t be embarrassed, Scott Eastwood! All people probably want to own a little something with their face on it. The hunky actor Instagrammed a hilarious picture of himself purchasing…
Bill Simmons Won't Be Returning to ESPN, Network Doesn't Renew Contract
Bill Simmons will be leaving ESPN, E! News has confirmed. Network president John Skipper tells us in a statement, “I decided today that we are not going to renew Bill Simmons’…
TV Upfronts 2015: Your Guide to All the New Shows
It’s the most wonderful and stressful time of the year for TV fans: Upfronts are here. ABC, CBS, the CW, Fox and NBC all announce their fall schedules at their Upfronts presentations…
The Ultimate Mother's Day Playlist: 12 Songs to Treat Your Mom
This weekend is Mother’s Day, which means you’re probably currently scrambling to make some last-minute plans for your own mom. Now you could do the same ol’ thing as last year and…
What Charlize Theron Says She Won't Be Doing Anytime Soon
Dont’ expect to hear Charlize Theron screaming “action” and “cut” on any movies sets, at least not in the near future. The Oscar winner insists she has no desire to…
A Real Person Tried Dwayne "The Rock" Johnson's Diet Plan, and It Didn't Go Well—Watch Now!
When you try to take on Hercules’ diet plan, you know you’re setting yourself up for failure—or at least some serious stomach issues. But one such brave soul from Complex…