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Yahoo!: An ‘Ignominious End,’ But Bulls Trumpet Remaining Value of Alibaba, Etc.

Yahoo! (YHOO) shares closed down $1.06, or 2.7%, at $38.32, following the company this morning saying it will sell its “core” advertising business to Verizon Communications (VZ) for $4.83 billion. While much of the deal is as the Street had expected, debate now shifts to how to play the remaining assets — Alibaba Group Holding […]

UK Yield Curve Flattening: “Nothing to do with Brexit”

A reader asserts: “[UK] Yield curve has been on a slide since 2010. Nothing to do with Brexit. Check out global yield curve, looks similar to UK in that it has been on the slide for years as well. It’s true yield curves have been flattening. However, it is an empirical question whether the UK […]

How To Position Yourself For Years Of Plenty

Maybe a decade is too much, so settle for 5 years, but you wanna be able to sleep. I don't care whether you're 40 years old or 80, the name of the game is an above average rate of return, somewhere between 5% and 10%, compounded. No money market funds, [...]

Our Monetary System Favors The Rich & Hurts The Poor

Submitted by Philipp Bagus via The Mises Institute, Last month, Philipp Bagus and Andreas Marquart released their new book Blind Robbery!: How the Fed, Banks, and Government Steal Our Money, now available from FinanzBuch publishers. (See Karl-Friedrich Israel's full review on We recently spoke with Dr. Show More Summary

At Least 15 Killed, 45 Injured By Knife-Wielding Man In Japan

Mass killings have now become a daily thing. The latest attack however took place not in Europe, nor the US, but Japan, where national broadcaster NHK reports that a knife-wielding man has reportedly gone on a rampage at a facility for...Show More Summary

The Illusion of Choice

Source: Visual Capitalist The post The Illusion of Choice appeared first on The Big Picture.

A Billionaire With A Vision To Heal The World's Blind

Tej Kohli, an Indian entrepreneur and philanthropist with an estimated net worth of $6BN, fervently believes that his 13-year-old son will live to be between 125and 150. He also plans to transform agricultural productivity in developing markets bygiving farmers hundreds of thousands of solar-powered pumps. His most far-reaching reaching plan, however, concerns [...]

IMF Warns Of Further Hardship For Palestinian Economy

The Palestinian Authority is struggling to grapple with weak growth, high unemployment and Israeli cuts to tax transfers.

For Yahoo, Question Is What to Do With $40 Billion in Leftovers

After a sale of its core internet business to Verizon, Yahoo will still have stakes in Alibaba and Yahoo Japan, along with cash and a collection of patents.

How Good a Deal Did You Get on Your Smartphone? ZTE Still Has You Beat

Can ZTE's newest smartphone really deliver mid-range quality for under $100? The company seems to think it's possible.

Defying unity theme, Democratic convention opens amid shower of boos led by dissenting Sanders backers

Democrats opened their national convention Monday with a cascade of boos and catcalls, as Hillary Clinton faced continued resistance from Bernie Sanders supporters and party leaders suffered a backlash from a leaked trove of emails showing their favoritism toward the former secretary of State....

The L Train Shutdown Is a Crisis New York City Can't Afford to Waste

Today, New Yorkers can look the future in the face: The L train will stop running between Brooklyn and Manhattan for 18 months starting in January 2019. Yes, we’re just talking one tunnel in one city. But this is still a very big deal. Show More Summary

Sanders supporters shout chants typically heard at Trump rallies - and Bernie asks them to stop

Live from the 2016 Democratic convention: Hillary Clinton's name repeatedly booed from start July 25, 2016, 2:12 p.m. The 2016 Democratic National Convention starts today in Philadelphia. Here's what's going on:• Watch live with us• Tonight's speakers include Sen. Elizabeth Warren, Sen. Bernie...

Shelter guards wildlife from flames, saving camels, tigers and lions

Sand fire live updates: More than 33,000 acres burned in Santa Clarita Valley mountains July 25, 2016, 2:28 p.m. The effort to control the raging Sand fire in the Santa Clarita Valley mountains has drawn firefighters and emergency crews in the hills toward Acton. So far, the fire has burned an...

Germany on edge after recent violence from asylum seekers

A profound sense of fear has gripped Germany after four deadly attacks over the last week, three of them involving refugees. Now Chancellor Angela Merkel’s decision to voluntarily take in more than 1 million refugees from Syria, Iraq and Afghanistan last year is coming under renewed scrutiny. ...

Here are the oldest and youngest Democratic delegates who led the Pledge of Allegiance

Live from the 2016 Democratic convention: Hillary Clinton's name repeatedly booed from start July 25, 2016, 2:12 p.m. The 2016 Democratic National Convention starts today in Philadelphia. Here's what's going on:• Watch live with us• Tonight's speakers include Sen. Elizabeth Warren, Sen. Bernie...

Zaha Hadid Design Unveils Bathroom Collection for Porcelanosa

Many of the pieces are handmade Zaha Hadid Design has unveiled a bath collection created in collaboration with Spanish company Porcelanosa that bears the late architect’s signature style. The nine-piece collection is called Vitae and...Show More Summary

New Zealand jiujitsu champ Jason Lee says he was kidnapped and robbed by police in Rio

A bizarre story unfolding right now in Rio de Janeiro won't do anything to reassure anyone with hesitations about visiting the country for the upcoming Olympic Games. Jason Lee, a New Zealand jiujitsu champion who has been living in Rio for 10 months, said he was kidnapped by two armed state police...

Solar-powered plane set to finish around-the-world journey Monday

Sixteen months after first embarking on its historic around-the-world flight attempt, a solar-powered plane is set to complete the last leg of its journey Monday evening with a scheduled landing in Abu Dhabi, United Arab Emirates.  The plane, called Solar Impulse 2, is expected to land at Al Bateen...

Nintendo Stock is in Freefall After People Discover Nintendo Doesn't Make Pokémon Go

The huge success of Pokemon Go and its effect on Nintendo's valuation may be overstated. The augmented reality app was actually made by Niantic Labs.

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