Blackstone's Steve Schwarzman tips his hat to Obama
The Blackstone CEO tells Yahoo Finance explains his take on the U.S. economy and why his company’s returns have outpaced the market.
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Obama's TPP won't help the middle class: Fmr. WH advisor
Former Chief Economic Adviser to Vice President Biden, Jared Bernstein, says the new trade deals are unlikely to create growth because the White House missed an opportunity to impose currency discipline.
Survey: Hiring by US businesses slows sharply in April
U.S. companies hired in April at the slowest pace in nearly a year and a half, a private survey found, as the strong dollar dragged down overseas sales and energy companies cut back on spending in the …
U.S. private payrolls growth moderates; productivity falls
Private payrolls increased 169,000 last month, the ADP National Employment Report showed. While it has a poor track record of predicting nonfarm payrolls, the ADP report poses a downside risk to economists’ expectations for nonfarm payrolls growth of 224,000 in April.
Oil bulls drive crude to 2015 high on fall in U.S. stocks
Oil prices rose more than a dollar to 2015 highs on Wednesday, as a month-long rally gained further impetus from a fall in U.S. crude stocks and conflict in the Middle East. “We haven’t seen hedge funds and money managers to be as optimistic and bullish as they are currently,” said Vyanne Lai, an oil analyst with National Australia Bank. Industry group the American Petroleum Institution (API) said on Tuesday
Complex concerns boil down to one number for Wall Street
Complex macro concerns on Wall Street are getting boiled down to a single number – 2080.
Cramer: The one cult stock worth owning
This trio of cult stocks gets big headlines, but “Mad Money” host Jim Cramer breaks down which one is a buy.
Salesforce's cloud prowess, high cost pose dilemma for Microsoft
Microsoft is pondering a move after Salesforce was approached by another company as recently as April, said people with knowledge of the matter. Salesforce, with a market value of almost $50 billion, is working with two bankers to determine a response, two of the people said. Microsoft isn’t in talks with Salesforce and no agreement is imminent, the people said. The deal would give Microsoft an additional $6 billion in
Princess Charlotte's Name Is "Perfect" (and a Little Familiar), According to Charles Spencer, Diana's Brother
Charles Spencer, brother of the late Princess Diana, has weighed in on the name of her son Prince William and wife Kate Middleton’s newborn daughter Princess Charlotte Elizabeth…
Hilary Duff Isn't Turning Down Love if She Finds It on Tinder, but Admits It Would Be the "Story of the Year"
Rihanna may have found love in a hopeless place, and it looks like Hilary Duff might be trying to find it, too. It’s no secret that the Younger actress has been on two Tinder dates…