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July 24, 2015 Offshore Wind Farm Raises Hopes of U.S. Clean Energy Backers

Source: NY Times

A few miles off the coast of Block Island, part of Rhode Island, a small flotilla has been gathering: crane vessels, tugboats and barges that began this week installing the 1,500-ton foundations of the nation’s first...

July 24, 2015 Oil Warning: The Crash Could Be the Worst in More Than 45 Years

Source: Bloomberg

The current downturn could even rival the iconic price crash of 1986, analysts had warned—but definitely no worse. This week, a revision: It could be much worse.

July 24, 2015 Greek bailout talks ready to start, but IMF may yet stand aside

Source: MarketWatch

Negotiators from the European Central Bank, the European Commission and the eurozone’s bailout fund are set to return to Athens over the next couple of days for a first meeting with Greek officials, according to a Greek finance...

July 23, 2015 The story of Apple right now is the iPhone in China

Source: Quartz

Apple’s biggest growth drivers last quarter were familiar ones. Its iPhone business—long the company’s focus—grew by more than half, to $31 billion, on 47.5 million shipments. And its Greater China region sales continued their...

July 23, 2015 Oil prices dips below $50 on ample supply, strong dollar

Source: Today Online

NEW YORK - Oil futures fell on Monday and U.S. crude slipped below $50 a barrel intraday as ample supply, the prospect of more Iranian crude for export and a strengthening dollar combined to pressure prices.

July 23, 2015 Tsipras secures backing of Greek MPs for crucial reforms


The Greek parliament backed a second round of reforms demanded by creditors early on Thursday but the vote revealed a deepening rift in the radical leftwing Syriza party of Alexis Tsipras, the prime minister.

July 23, 2015 U.S. home sales approach eight-and-a-half-year high, prices surge

Source: Reuters

U.S. home resales rose in June to their highest level in nearly 8-1/2 years, a sign of pent-up demand that should buoy the housing market recovery and likely keep the Federal Reserve on track to raise interest rates later this...

July 22, 2015 AT&T’s $49 Billion Acquisition of DirecTV to Get Regulatory Approval

Source: Time

Step aside, Verizon and AOL. If AT&T succeeds in its $49 billion dollar bid to acquire DirecTV, the match will be the year’s biggest media deal—an order of magnitude larger than the $4.4 billion Verizon agreed to shell out for...

July 22, 2015 Dollar steadies after one-day slide worries bulls

Source: Reuters

The dollar lost more ground on Wednesday after profit-taking drove its biggest decline in a month in the previous session, casting more doubt on whether it can rally further after a year of gains

July 22, 2015 Goldman Bets on European Stocks, Veers Away from U.S.

Fox Business - The îSTOXXî Europe 600 has rallied nearly nine percent in the last two weeks, as an impasse between Greece and its creditors was broken and they agreed a cash-for-reform deal. "European equities have...

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