Meryl Streep brought politics back to Hollywood at the Golden Globes on Sunday evening with a powerful acceptance speech that excoriated Donald Trump and his mocking of a disabled reporter during the election campaign. Ms Streep, Hollywood’s most decorated and revered actress with three Oscar wins, was accepting the Cecile B DeMille award for lifetime achievement when she tore into Mr Trump. In front of a primetime audience […]
The entire star-studded audience at the Golden Globes practically cried in unison, after Meryl Streep took to the mic to lament over an incident that happened last year regarding what she thought was Donald Trump mocking a disabled reporter. The rift was with NY Times reporter Serge Kovaleski, who said Trump was lying about witnessing Muslims celebrating in New Jersey after 9/11 — which later proved out to […]
Hugh Laurie wasn’t afraid to throw some shade at the Golden Globes. During his acceptance speech for Best Supporting Actor in a TV Miniseries or Movie on Sunday, the actor joked this may be the last Golden Globes. “I don’t mean to be gloomy but it has the words ‘Hollywood,’ ‘foreign’ and ‘press’ in it,” he said, referencing the coming Donald Trump administration. That was the first […]
Banks have flooded the market with debt in the first days of the new year, propelling a record pace of bond sales as companies seek to lock in borrowing costs before interest rates rise further. The sales have been met with ample investor appetite ahead of the fourth-quarter earnings season, when the majority of US banks are expected to report improved profitability. Banks have sold $42bn of the […]
By Rodrigo Campos | NEW YORK NEW YORK Investors puzzled over whether U.S. interest rates are rising due to a stronger economy or because of fears about inflation might want to look at the recent gains in REITs for some useful guidance. Real estate investment trusts typically perform poorly in an environment of rising interest rates, as they are used by some investors as a proxy for […]
Here are the big questions for investors ahead of the coming trading week. What impact will Donald Trump’s press conference have on markets? “I will be having a general news conference on JANUARY ELEVENTH in N.Y.C. Thank you.” That was how the president-elect last week [3] tweeted news of what is surely the first big market-moving event of the year — if it takes place. Mr Trump […]
Along with most of his Wall Street peers, BofA’s Chief Investment Strategist Michael Hartnett flipped his outlook on risk assets shortly after the election, turning from quietly bearish to vocally bullish and forecasting a substantial rise in US equities, and even more substantial bounce for Japanese, European and UK stocks as well as oil. So far, Hartnett has been correct, and according to recent fund flows, much […]
In October 1938, the one-hour adaptation of H G Wells’s The War of the Worlds, directed by Orson Welles, was broadcast on CBS Radio in the United States. A story of aliens invading rural New Jersey rendered as news broadcasts and authentic-sounding updates, it was a little too convincing. There are legends of panic in the streets, mass hysteria and heart attacks. That may have been the […]
Submitted by Brandon Smith via Alt-Market.com, Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel […]
Your daily guide to community and cultural activities across the Emirates for January 7, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Art exhibition See the exhibition Realism: Two Angels featuring works by Crimean husband and wife artists Andrey Dudchenko and Katerina Spirtus, who base their expression in realism, though interpreted in different ways, […]
Dubai, UAE, 6 January 2017 Dubai Supreme Council of Energy (DSCE) held a press conference in Oman to promote the 3rd Emirates Energy Award (EEA 2017) that will be held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai under the theme ‘Innovative Solutions for Clean Energy’. The press conference held at Grand […]
ABU DHABI // Exercise should be the first line of defence in the fight against depression after research published in the Middle East Journal of Positive Psychology hailed its benefits in releasing ‘feel good’ brain chemicals. Doctors advocate physical activity as the best remedy in many cases, but the simple solution is often overlooked in favour of medication that can be expensive and carry side effects. Restrictions […]
By Yashaswini Swamynathan U.S. stocks edged lower on Friday after data showed employment in December rose less than expected but a rebound in wages suggested sustained growth in the labor market. The public and private sectors together added 156,000 jobs last month, a U.S. Labor Department report showed, compared with 204,000 jobs added in November. Average hourly earnings increased 10 cents, or 0.4 percent, after slipping 0.1 […]
What with the Golden Globes, the Oscars, the Baftas and the host of other award ceremonies jamming up their calendars, it’s a wonder that the stars of stage, screen and television ever have time to act. Plus, as British comedian Ricky Gervais liked to point out on each of the four occasions he presented the annual Golden Globes ceremony in Los Angeles, watching the impossibly wealthy and […]
With all eyes likely on wage growth indications in the subtext of tomorrow’s payrolls report (following The Fed Minutes’ comments on full employment), Goldman Sachs is forecasting a better-than-expected 0.3% rebound in average hourly earnings (helped by more favorable calendar effects) and a better-than-expected 180k payrolls print (albeit with a small rise in the unemployment rate). However, they are careful to note that any downside can be […]
Thursday 15:20 GMT Overview A surge in the Chinese renminbi is contributing to selling of the US dollar, its retreat from 14-year highs rattling the broader market and boosting the price of gold. US and European equities are becalmed following a mixed Asian session, while Treasury yields dip from recent peaks despite what many analysts consider were a relatively hawkish set of minutes from the Federal Reserve. […]
After seven years of stock markets climbing ever upwards, investors found a new reason to buy in November: the shock election of Donald Trump. One oft-repeated anecdote is how the billionaire investor Carl Icahn left Mr Trump’s victory party to buy US stocks. A few days later Stanley Druckenmiller, who earlier in the year told a conference for fellow hedge fund managers to “get out of the […]
Chinese New Year will not come until Jan. 28, but Apple has already started announcing its promotions for the annual holiday. The first Chinese New Year promotion for this year offers customers a free Beats Solo3 wireless headphones, worth $299.95, for every purchase of select Mac and iPhone models. Apple’s First Chinese New Year 2017 Promo The first Chinese New Year promo by Apple this year was announced by […]
Your daily guide to community and cultural activities across the Emirates for January 3, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga class Sign up to take part in the prana flow masterclass led by Rob Hess at Bodytree Studio. Open your mind and connect to your inner fire on this journey through […]
For a long time, no visitors were allowed in his hospital room; the burn unit was a sterile environment. But on the morning Miller’s arm was going to be amputated, just below the elbow, a dozen friends and family members packed into a 10-foot-long corridor between the burn unit and the elevator, just to catch a glimpse of him as he was rolled to surgery. “They all […]
Starbucks has already established itself as the undisputed king of retail coffee chains. Now one Wall Street analyst thinks it can overtake McDonald’s as the world’s most valuable restaurant chain. The Seattle-based coffee chain’s shares fell 7.5 per cent last year, as investors warily eyed a deceleration in same-store sales from the first half to the second. The announcement last month that long-serving chief executive Howard Schultz […]
Last year ZDNet’s Jason Perlow was impressed with the $199 Honor 5X and now we see Huawei bringing the Honor 6X to the US with some important upgrades while keeping the price low at just $249.99. Huawei announced the Honor 6X in China on 18 October 2016 and today made the US release announcement at CES in Las Vegas. The Honor 6X packs in a lot of […]
Disappointment again… Early exuberance in stocks – as overnight gains suggested panic buying at the US open, faded rapidly as financials and tech faded and crude plunged (despite better than expected data)… then after NYMEX closed VIX was smashed lower and stocks lifted… S&P was best on the day, Trannies were red (thanks to Ford news impacting rails)… NOTE – stocks ripped at the open, […]
|By Matein Khalid|“Few individuals alter the course of history. Fewer still change the map of the world. Hardly anyone creates a nation state. Mohammed Ali Jinnah did all three”. Dr. Stanley Wolpert’s words still give me goose pimples two decades after I first read his book. Mr. Jinnah founded Pakistan and was also my ancestral kinsman. I too was born in Karachi, the city by the sea, […]
