Previously: Ross Poldark convinced a bunch of guys to open a mine. Some other stuff happened, too. It’s morning. Ross is going over the mine at Wheal Leisure, which looks to be in good repair. He sort of tentatively rings the bell, and workers begin streaming out of their houses and coming to work. Show More Summary
Greece’s rejection of a set of repayment terms offered by its international creditors is likely to be the biggest factor driving stocks when opening bells sound in global markets on Monday. Germany’s Dax is indicated sharply lower from Friday’s close at around 4 percent, while the euro was down 2 percent against the yen as […]
Here is what you need to know. It's jobs day. The consensus is calling for the addition of 233,000 nonfarm payroll jobs in June and for the unemployment rate to tick down to 5.4%. Average hourly earnings are expected to edge up 0.2% month-over-month. Greece's finance minister will resign if the 'yes' vote wins. Show More Summary
At dawn yesterday morning, a small group of anonymous artists and their friends quietly celebrated the opening the Griffith Park Teahouse, a tiny wood structure high on Mt. Bell made with the wood of trees that burned in the...
Here is what you need to know. Greece is staring into the abyss. The government's €1.5 billion ($1.67 billion) payment to the IMF is due at midnight. Reports suggest Greece's government is considering a last-minute proposal from European...Show More Summary
Here is what you need to know. Greece will hold a referendum on July 5. The Greek people will decide if the country will accept an accord with its creditors. As the way things stand right now, it appears the government will fail to make its 1.5 billion euro ($1.67 billion) June 30 payment to the IMF. Show More Summary
Here is what you need to know. Chinese stocks got slaughtered. China's Shanghai Composite crashed 7.4% to record its biggest drop since January 19. Friday's 335 point shellacking was the biggest point decline in more than seven years, and has the Shanghai Composite on the cusp of a bear market as trade sits 19% off the June 12 high. Show More Summary
Before markets open on Thursday, here is what you need to know. Greece is still without a deal. Negotiations between Greece and its creditors lasted throughout the night, but the parties were still unable to reach a deal. The troubled...Show More Summary
UBS rogue trader freed; Greece on a deadline; SoulCyle to IPO; The Canadian Hamptons; Hedge fund gains; "...the groom reportedly challenged police to fight before being subdued and charged with disorderly conduct"; and more.
Here is what you need to know. Greece's creditors rejected its latest attempt at reform. There is beginning to be a sense of urgency as a deal must come to fruition quickly. Peter Spiegel of the Financial Times wrote, "Without a deal...Show More Summary
Before the market opens on Tuesday, here is what you need to know. Time is running out on Greece. A European Union source has suggested Greek Prime Minister Alexis Tsipras told eurozone leaders he thought a deal would be done "within...Show More Summary
Bankers behaving badly; Strauss-Kahn dealing with another probe; Twinkies says Twinkies are healthy; North Korea claims it's found the cure for MERS, Ebola, SARS And AIDS; and more.
Here is what you need to know. An emergency summit on Greece is getting underway. Leaders from across the European Union are gathering in Brussels to try and work out a deal to unlock aid to Greece and prevent a default. The Greek government...Show More Summary
Here is what you need to know. Greece will hold an emergency meeting with creditors on Monday. After a meeting of finance ministers on Thursday, Eurogroup president Jeroen Dijsselbloem said "no agreement yet is in sight." The ECB isShow More Summary
R. Ring, the duo of Kelly Deal (The Breeders) and Mike Montgomery (Ampline), will touring later this summer with an NYC stop at The Bell House on July 31. No openers have been announced yet but tickets are on...
Here is what you need to know. Greece's stock market is crashing. The Athens Stock Exchange General Index slumped to a fresh three-year low on Thursday. The index has fallen 18% in the past week as a debt deal between the Greek government and its creditors remains elusive. Show More Summary
Here is what you need to know. Today is a Fed day. Attention turns to Janet Yellen as investors look for clues as to when the Fed will raise interest rates. "The expected date of the first hike in the Fed Funds rate is closer than it has been at any point so far in the recovery," noted Goldman Sachs economist Kris Dawsey. Show More Summary
Here's what you need to know. Capital controls might be coming to Greece. Germany's Sueddeutsche Zeitung newspaper reports that European governments will push for capital controls to prevent money from leaving Greek banks if a deal is not agreed to this week. Show More Summary
Before markets open on Monday, here is what you need to know. Greece remains without a deal. Talks between Greece and its creditors have broken down. Business Insider reports, "The remaining major disputes still seem to be over the extent...Show More Summary
After the release of their first record Girls Like Us in 2013, and playing opening slots for Sleigh Bells and Warpaint, U.K. "gloom pop" band Pins, who also recently toured with Sleater-Kinney, did not succumb to the mounting pressure bands often feel when it comes to make their sophomore album. “We...