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Showing posts from May 18, 2016

WSJ | Major Indexes Closing on May 18, 2016.

The Wall Street Journal Major Indexes Closing Major Indexes 5:45 p.m. EDT 05/18/16

DealBook P.M. Edition - May 18, 2016: Top Story: Fed is Seriously Considering Raising Interes Rates in June, Meeting Minutes Say.

    Wednesday, May 18, 2016 TOP STORY Fed Is Seriously Considering Raising Interest Rates in June, Meeting Minutes Say The central bank sent an unusually frank message to Wall Street, delivered in the official account of the Fed's April meeting.

FTC Press Release - May 18, 2016: FTC Adds Defendants, Charges in Ongoing Tech Support Scam Case.

Amended Complaint Adds India-Based Defendants, Telemarketing Sales Rule Charges The Federal Trade Commission has added three new defendants to an ongoing case against a tech support scam. The scheme allegedly bilked consumers out of tens of millions of dollars by pretending to represent Microsoft, Apple, and other major tech companies.

FRB Press Release - May 18, 2016: Minutes of The Federal Open Market Committee: the Committee decided to maintain the target range for the federal funds rate at ¼ to ½ percent at this meeting.

Press Release Release Date: May 18, 2016

Bits | The Business of Technology on May 18, 2016: Facebook's Conservative Charm Offensive.

Wednesday, May 18, 2016 Wednesday, May 18, 2016 Daily Report Facebook’s Conservative Charm Offensive | Facebook keeps trying to take the air out of allegations that it is anti-conservative . Its latest attempt is happening on Wednesday .

GATA | THE GATA DISPATCH - May 18, 2016: Doug Pollitt: Devaluing Dollar and Debt by Revaluing Gold is Getting Respectable.

Submitted by cpowell on Wednesday, May 18, 2016 . May 18, 2016

Bloomberg Politics - May 18, 2016: Clinton, Democrats Confronting Dangerous Divisions Within Party

bloomberg.com Margaret Talev:   Hillary Clinton’s claim of a narrow victory in Kentucky and Bernie Sanders’ win in Oregon illustrated a deepening rift among Democrats with the potential to hobble the party heading into the general election.

NYT First Draft on Politics on May 18, 2016: Sanders Wins Oregon; Clinton Declares Victory in Kentucky.

Wednesday, May 18, 2016 Wednesday, May 18, 2016 Senator Bernie Sanders of Vermont at California State University, Dominguez Hills, in Carson on Tuesday. “We are in till the last ballot is cast,” he said Tuesday night. Monica Almeida/The New York Times Sanders Wins Oregon; Clinton Declares Victory in Kentucky By THOMAS KAPLAN

The Washington Post - World Indices From Bloomberg - May 18, 2016.

World Indices  from Bloomberg Get Quote Triangles indicate day's market change.  Mouse over triangle for details. Percent Change Scale Low High Markets in North America 1 Month 6 Months 1 Year   New York, US INDUDL  DOW -180.73 -1.02% New York, US INX  S&P 500 -19.45 -0.94% Toronto, Canada SPTSX  S&P TSX 23.61 0.17% 6:05 pm ET 5/17/2016 Intraday data is at least 15 minutes delayed; News in North America Venezuela Braces for Protests as Maduro Warns of Coup (1) 6:14 am ET Chile Central Bank Keeps Key Rate at 3.5% as Inflation Slows (2) 6:07 am ET Brazil’s New Central Banker Sees Huge GDP Drop, Grim Outlook (1) 6:07 am ET Mexico’s ICA Says Debt Threatens Its Future as a ‘Going Concern’ 6:07 am ET Itau Economist Goldfajn Named Brazil’s Central Bank Chief (2) 6:05 am ET Valeant Said to Weigh Sale of Skin, Cancer Drugs to Reduce Debt 6:01 am ET Canada Stocks Rise for 2nd Day as Health-C

DealBook Today's Top Headlines on May 18, 2016: A Tale of Two Silicon Valleys | I.M.F. Takes Firmer Stand Favoring Relief for Greek Debt | Bank of America Called 'Bro's Club' in Bias Suit

  Wednesday, May 18, 2016 TODAY'S TOP HEADLINES By AMIE TSANG A TALE OF TWO SILICON VALLEYS Lending Club's implosion is a tale of an Internet unicorn, valued at more than $8 billion at its initial public offering, grasping for growth and cutting corners. But it is also a tale about the good that an online lender can do , Steven Davidoff Solomon writes in Deal Professor.

Bloomberg View - May 18, 2016: Germany Is Very, Very Tired

bloomberg.com   John Micklethwait   Over the past few days the Brexit referendum has taken a nasty turn , with Boris Johnson, the former mayor of London and a prominent “leaver,” comparing the European Union to Adolf Hitler and complaining about Germany’s growing power in the EU. He should visit Berlin, which I did last week. Far from wanting to rule Europe, Germany’s leaders seem increasingly worn out by its endless crises and, from their point of view, downright ingratitude. This growing fatigue in the continent’s already reluctant hegemon could spell as much trouble for the EU as Brexit does. 

The Guardian | Business | Economics | Global Economy - May 18 (00:01 BST): Worse Economies Threatens to Gains Against Poverty - ILO by Philip Inman

theguardian.com Phillip Inman   Worsening economic conditions in Asia, Latin America and the Arab world threaten to undo decades of progress in reducing global poverty, according to a report by the International Labour Organisation. The UN agency warned that a third of workers earned less than the “moderate poverty threshold” of $3.10 (£2.10) a day, and many were in precarious jobs without basic social protections such as healthcare and welfare benefits.

The Guardian | World | Japan - May 18, 2016: Japan's Annaul Growth Rate Jumps to 1.7% on Back of Consumer Spending

theguardian.com Japan sidestepped a recession with annualised growth of 1.7% in the first quarter of 2016, preliminary data showed on Wednesday. But the reading underscored how the drive for a firm recovery in the world’s number three economy is not gaining traction.