Secret indicator shows Wall Street richest getting richer
Nick Colas, director of research at BNY ConvergEx, sees the growing number of $1 million-plus summer rentals as in indication that Wall Street’s richest are getting an increase in income.
MONEY (MSM)
Futures rise as investors speculate on Greek progress
U.S. stock-index futures rose, with investors speculating on the possibility of progress in Greek debt talks, as European finance ministers meet in Luxembourg.
Greece's Tsipras heads to Russia for some love
With Greece’s relations with its European counterparts at a low ebb, Greek Prime Minister Alexis Tsipras will head to Russia on Thursday.
Five ways the Fed could rock markets
The Fed on Wednesday is expected to acknowledge an improving economy and clear the runway for a historic liftoff in short-term rates from zero sometime later this year.
AT&T hit with $100M fine for its 'unlimited' data plans
AT&T Mobility LLC has been hit with a $100 million fine for offering consumers “unlimited” data, but then slowing their Internet speeds after they hit a certain amount. The Federal Communications …
Uber driver is employee, not contractor: California Labor Commission
The ruling, made earlier this month and filed Tuesday in state court in San Francisco, said Uber is “involved in every aspect of the operation.” Uber has argued its drivers are contractors, not employees.
Greece, creditors dig in their heels on eve of meeting
Greece and its creditors publicly blamed one another for an impasse in bailout talks, on the eve of a eurozone finance ministers’ meeting billed as key to their outcome. Greek Prime Minister Alexis Tsipras …
Uber dealt a blow, Disney's outsourcing about-face and Netflix vs. Hulu
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Uber drivers are employees, not contractors: California Labor Commission
The ruling, made earlier this month and filed Tuesday in state court in San Francisco, said Uber is “involved in every aspect of the operation.” Uber has argued its drivers are contractors, not employees.
Fed doves expected to fly even with rate hike coming
Markets hope to hear from a dovish Fed, even though Janet Yellen may send a strong message that the central bank is likely to raise interest rates this year.