Bond markets all over the world are under pressure
REUTERSBond markets all over the world have come under significant pressure in recent weeks. The election of Donald Trump has brought the bond vigilantes out of the woodwork in the US amid speculation Trump's policies for trade and fiscal spending are going to bring back inflation to the United States. The rise in US yields, and the strongest US dollar in 14 years, have pulled bond yields around much of the world higher as traders have tried to keep spreads at least somewhat in line. Then on We..>> view originalEurozone Economy Appears Robust as Inflation Pressures Mount
LONDON — The eurozone economy is ending 2016 robustly and inflation pressures are growing, a key survey showed Thursday, in a combination that suggests the European Central Bank's stimulus efforts are working.Financial information company IHS Markit said its purchasing managers' index, a gauge of activity in the manufacturing and services sectors, held at 53.9 points in December, the same as in November. The index, which is subject to revision, is on a 100-point scale, with 50 marking the thre..>> view originalFor a career at IBM, you can skip the college education
There’s a lot of good reasons to go to college, but getting a job at a tech firm isn’t one of them. A range of technology occupations—from front-end developers to network administrators—don’t require college degrees. Instead, employers are looking for specific skills that evolve rapidly and can be acquired through certificate programs or at coding bootcamps. IBM CEO Ginni Rometty, in an open letter to president-elect Trump and in a column written for USA Today, emphasized that many IBM jobs don..>> view originalRupert Murdoch Expands TV Empire With $14.6 Billion Sky Deal
21st Century Fox Inc. agreed to acquire Sky Plc for 11.7 billion pounds ($14.6 billion), in Rupert Murdoch’s second run at Europe’s dominant pay-TV company, as the media billionaire seeks to consolidate his television empire across two continents.Fox, which already holds a 39 percent stake in London-based Sky, will pay 10.75 pounds a share for the rest, according to a statement Thursday. That represents a premium of 36 percent over Sky’s closing price on Dec. 8, the day before the companies dis..>> view originalTrump tells anxious tech leaders: 'We're here to help'
President-elect Donald Trump held a meeting on Dec. 14 with some of Silicon Valley's biggest companies. Attendees included Elon Musk, Tim Cook, Satya Nadella, Jeff Bezos, Larry Page, Eric Schmidt, Safra Catz, Brian Krzanich, Chuck Robbins, Ginni Rometty and Peter Thiel. (The Washington Post) NEW YORK — President-elect Donald Trump, who faced fierce opposition from some Silicon Valley leaders during the election campaign, strove to assure the titans of tech on Wednesday that his administra..>> view originalOffshore Oil Disaster in Azerbaijan Leaves 1 Dead, 9 Missing
BAKU, Azerbaijan รข€” Azerbaijani oil officials say one worker has been killed and nine others are missing after part of their offshore oil installation broke off in strong winds.The state oil company, known as SOCAR, reported that a 150-meter (490-foot) section of walkway fell into the Caspian Sea amid 90 mph (145 kph) winds and 10 workers were swept away Thursday.President Ilham Aliyev's office said in a statement that "at the current time, the body of one of the missing has been found. Searc..>> view originalFutures flat after Fed sees faster pace of rate hikes
U.S. stock index futures were little changed on Thursday, a day after the Federal Reserve increased interest rates for the first time this year and signaled a faster pace of hikes in 2017.* The Fed sees three rate hikes in 2017 instead of the two foreseen as of September, partly as a result of the changes anticipated under President-elect Donald Trump. * Fed Chair Janet Yellen also cited an improving labor market and evidence of faster inflation for its 2017 rate outlook.* The Fed's decision t..>> view originalGot A Hacked Yahoo Account? Here's What You Should Do
By Sherisse Pham PHILADELPHIA (CNN)–Yahoo has announced another huge security breach, leaving its users fretting once again about their personal information. The latest data theft affected more than one billion accounts, Yahoo says. That’s roughly double the number involved in the cybersecurity incident it announced in September, which is believed to be separate. “Yahoo has now won the gold medal and the silver medal for the worst hacks in history,” said Hemu Nigam, CEO of online security consu..>> view original
Thursday, December 15, 2016
Bond markets all over the world are under pressure and other top stories.
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