Yellen Gives The Green Light For More Stock Gains
Yellen Gives The Green Light For More Stock Gains
U.N. Chief Says No Military Solution To Boat Migrant Crisis
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Federal Reserve chief Janet Yellen signaled that rational exuberance is just fine. That, at least, is how some of America's largest money managers interpreted her comments on Wednesday suggesting interest rates will remain low through 2016. It reinforced their views that easy money means the U.S. stock market rally has further to run despite notching a series of record highs already this year.
U.N. Secretary General Ban Ki Moon said on Sunday that there is no military solution to migrants drowning in the Mediterranean, as European leaders search for ways to manage the flow of people leaving North Africa in rickety boats. Ban's comments came a week after more than 700 people drowned in the worst shipwreck in decades of dangerous seaborne migration. The disaster has shocked the European Union into pledging more money for rescues. In an interview with Italian newspaper La Stampa, Ban said the United Nations was ready to help tackle the problem. Asked about a proposal by Italian Prime Minister Matteo Renzi to "capture and destroy" the boats that traffickers use, Ban said the U.N. focused on security and protecting human rights.
The annual White House Correspondents' Dinner is one of the Washington's most bizarre traditions. The event, which has been running just over a century, is nominally supposed to celebrate excellence in reporting on the White House–the use of journalism as a way of speaking truth to power. In recent years, it has been increasingly criticized for becoming a long, self-congratulatory celebration of how awesome everyone in attendance is, complete with an inexplicable red carpet that Tom Brokaw claimed was less dignified than a junior prom–a fitting comparison given the dinner’s "Nerd Prom" moniker. In particular, the dinner is indicative of an uncomfortable closeness between journalists and the politicians they are, in theory, supposed to be capable of criticizing. Still, those interactions are instructive–last night’s event did position a supposedly loosened-up President Obama next to comedians, actors, and pundits.
After Bruce Jenner's much-discussed 20/20 interview on Friday, ex-wife Linda Thompson is sharing her experiences from their time together. The former Olympic champion came out as transgender during his sit-down with Diane Sawyer, and Thompson has penned an essay for the Huffington Post in which she says she had no idea that he identified as a woman until he told her, years after their wedding.
Katie Couric turned heads in a romantic, gray and yellow floral gown at the 2015 White House Correspondents' Dinner on Saturday and showed her playful side in some behind-the-scenes photos. The Yahoo! News Global News Anchor and belle of the ball posed for pics with the likes of supermodel Karlie Kloss, Supreme Court Justice Antonin Scalia, model Chrissy Teigen and actress Jenna Dewan-Tatum. Couric and the latter two looked like they were having a blast, touching each other's legs and laughing.
Jay Z fired back at critics of his Tidal music service on Sunday, claiming the site is "doing just fine" and that its subscriber base is growing. The rapper, who relaunched Tidal after purchasing its parent company Aspiro Group earlier this year for $56 million, urged critics to hold off on dismissing the service too soon. He said, "The iTunes Store wasn't built in a day," and "It took Spotify nine years to be successful." Jay Z added that 770,000 subscribers have already signed up for Tidal, which he relaunched to compete with platforms such as Pandora and Spotify. But his series of tweets came shortly after Tidal dropped out of the top 500 most downloaded apps in the U.S. on April 18, according to App Annie data; it then fell further to No. 870 just days later. Despite rumors suggesting Jay Z and Beyonce are creating an album that would debut exclusively on Tidal, the service only jumped up to No. 664 on the app charts. Meanwhile, Kanye West, one of Tidal's 16 celebrity owners, deleted all references to the service on his Twitter feed by April 22, before backtracking after press caught wind of the removal. "We are here for the long haul," Jay Z said. "Please give us a chance to grow and get better."
Community Episode 1: Ladders
Community Episode 2: Lawnmower Maintenance and Postnatal Care
Community Episode 3: Basic Crisis Room Decorum
Community Episode 4: Queer Studies and Advanced Waxing
Community Episode 5: Laws of Robotics and Party Rights
Community Episode 6: Basic Email Security
Sin City Saints Episode 1: The Fool Monty
Sin City Saints Episode 2: Smoke and Mirrors
Sin City Saints Episode 3: Gone Catfishing
Sin City Saints Episode 4: Mrs. Wu's Tang
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Sin City Saints Episode 6: You Booze, You Lose