The University of Michigan’s preliminary June reading on the overall index on consumer sentiment came in at 94.6, up from the final reading of 90.7 the month before. The survey’s gauge of consumer expectations rose to 86.8 from the final May reading of 84.2 and an expected 85.
Professional traders are betting that the wild volatility across many global asset markets will eventually invade the calm enveloping U.S. stocks.
Former International Monetary Fund chief Dominique Strauss-Kahn was cleared of pimping charges on Friday in France, ending four years of legal drama that began with a sexual assault charge in a New York …
Prices at the wholesale level rose at the fastest pace in nearly 3 years in May, pushed higher by a sharp jump in the cost of gasoline and a record increase in the price eggs related to an outbreak of …
The money that has poured out of emerging market funds is no cause for concern for financial markets, as it will be supportive for developed market equities, according to widely-followed investor Dennis …
Oil prices on Friday gave up gains made earlier this week after the world’s top crude exporter Saudi Arabia said it stood ready to raise output to new record highs, potentially adding to a global supply glut. A stronger U.S. currency against the euro also weighed on the dollar-denominated oil market after the International Monetary Fund pulled out of stalled debt talks with Greece. Saudi Arabia said it was in
SHANGHAI/BENGALARU (Reuters) – Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world’s second largest economy, an executive at the firm said on Friday. In an emailed letter to investors, first published by the Financial Times newspaper, Uber head Travis Kalanick said China was the “number one priority” for the company
If Britney Spears wasn’t a pop star, what would she be doing instead? Well, the answer may surprise you. The 33-year-old pop princess stopped by ITV’s “Good Morning…
This is real. Shauna Sand, former Playboy model, shows off the diamonds “implanted” in her teeth in the above clip from this Sunday’s Botched, and the doctors are…
This might be the coolest graduating class ever. K.C. Undercover star Zendaya and gymnast Gabby Douglas graduated from Oak Park High School in Oak Park, Calif., Thursday. The 18-year-old…