In Sweden, a Cash-Free Future Nears … Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote "Money, Money, Money," considers cash so last-century that it does not accept bills and coins. Few places are tilting toward a cashless future as quickly as Sweden,...Read More
Katie Couric reveals what it's like to work with Marissa Mayer at Yahoo … Yahoo global news anchor Katie Couric tells INSIDER exclusively: "Marissa is in the spotlight … When you're a high-profile woman, I think that it can sometimes be uber-challenging, and I think she's putting her head down and trying to do the work, and I know it must be challenging at times for he...Read More
Confident and clear, Yellen says rate path will be well signaled … The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hikes for a while, and when we are ready, we'll tell you. Yellen's confident and measured performance – she even managed a joke...Read More
US general rebrands Isis 'Daesh' after requests from regional partners … Leader of operations against group uses alternative name – a pejorative in Arabic that rejects fighters' claims on Islam … A top Pentagon general has informally rebranded the jihadists of Isis with the name "Daesh" after allies in the middle east asked he not use the group's other m...Read More
Confident and clear, Yellen says rate path will be well signaled … The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hikes for a while, and when we are ready, we'll tell you. Yellen's confident and measured performance – she even managed a joke...Read More
US general rebrands Isis 'Daesh' after requests from regional partners … Leader of operations against group uses alternative name – a pejorative in Arabic that rejects fighters' claims on Islam … A top Pentagon general has informally rebranded the jihadists of Isis with the name "Daesh" after allies in the middle east asked he not use the group's other m...Read More
Janet Yellen's cautious retreat from zero-rate era … With the Federal Reserve's hiking short-term interest rates by a quarter-percentage point, a cautious Janet Yellen has taken the final step to unwind her crisis-manager predecessor's extraordinary economic rescue operation. During her almost two years chairing the Federal Reserve Board, Yellen has phased out the two signature s...Read More
Martin Shkreli, "America's Most Hated "… The "most hated man in America" just got arrested for securities fraud. Shkreli, the baby faced, former Jim Cramer protege and serial biotech mogul who famously raised the price of a toxoplasmosis drug by 5000% in September, igniting a media and political firestorm in the process, is accused of using Retrophin (a company he fou...Read More
Janet Yellen's cautious retreat from zero-rate era … With the Federal Reserve's hiking short-term interest rates by a quarter-percentage point, a cautious Janet Yellen has taken the final step to unwind her crisis-manager predecessor's extraordinary economic rescue operation. During her almost two years chairing the Federal Reserve Board, Yellen has phased out the two signature s...Read More
Martin Shkreli, "America's Most Hated "… The "most hated man in America" just got arrested for securities fraud. Shkreli, the baby faced, former Jim Cramer protege and serial biotech mogul who famously raised the price of a toxoplasmosis drug by 5000% in September, igniting a media and political firestorm in the process, is accused of using Retrophin (a company he fou...Read More
Why the Fed's historic rate hike is good news and bad news for the economy. Yellen says rate hike shows Fed's confidence the U.S. economy is strengthening … — LA TimesDominant Social Theme: The Fed takes care of the economy, and this is the way it must be.Free-Market Analysis: The good news is that the economy is recovering, according to this article. The bad news is that the F...Read More
Why Hillary Clinton's 'Likeability' May Not Matter to Voters in 2016 … Hillary Clinton's candidacy will test an important proposition in presidential politics: Do voters cast ballots for candidates they don't necessarily like? Mrs. Clinton isn't hanging her candidacy on the idea that she's especially personable. The thrust of her campaign is that in precarious tim...Read More
Why the Fed's historic rate hike is good news and bad news for the economy. Yellen says rate hike shows Fed's confidence the U.S. economy is strengthening … — LA TimesDominant Social Theme: The Fed takes care of the economy, and this is the way it must be.Free-Market Analysis: The good news is that the economy is recovering, according to this article. The bad news is that the F...Read More
Why Hillary Clinton's 'Likeability' May Not Matter to Voters in 2016 … Hillary Clinton's candidacy will test an important proposition in presidential politics: Do voters cast ballots for candidates they don't necessarily like? Mrs. Clinton isn't hanging her candidacy on the idea that she's especially personable. The thrust of her campaign is that in precarious tim...Read More
Fed raises rates for first time in 9 years … The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25...Read More
Obama Tells New American Citizens Why Immigration Is 'Part of What Makes Us Exceptional' … On Tuesday morning, 31 people from 25 countries became American citizens while standing in the same room as the original Bill of Rights, which celebrated its 224th birthday today. They were very excited. Muhanned Ibrahim Al Naib, a refugee from Iraq and former translator, told the Guardian, &qu...Read More
Fed raises rates for first time in 9 years … The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25...Read More
Obama Tells New American Citizens Why Immigration Is 'Part of What Makes Us Exceptional' … On Tuesday morning, 31 people from 25 countries became American citizens while standing in the same room as the original Bill of Rights, which celebrated its 224th birthday today. They were very excited. Muhanned Ibrahim Al Naib, a refugee from Iraq and former translator, told the Guardian, &qu...Read More
The Fed is about to close a momentous chapter in monetary-policy history … The Federal Reserve is set to exit a historic monetary-policy era and enter a new one. On Wednesday, it will most likely raise its benchmark rate for the first time in nine years, ending the zero interest-rate regime that was designed to support the economy after the Great Recession. To do this, it would raise the tar...Read More