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“Stadium Retail Store” launched in New York

Adidas has opened a brand-new sprawling home for its offerings in New York City, just a few blocks from Times Square on 5th Ave. The global flagship is four floors, including a lower level, and measures 45,000 square feet. That…
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WORLD CURRENCY NOTES

It looks like the dollar won’t be catching the euro quite yet

  • December 6, 2016
The euro looks set to put a pause its post-U.S. election drop. "If the [euro] doesn't sell off on bad news, I think it's telling us something. I think it's going to correct higher," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman. The euro was near…
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Trump effect: That house you want got $16,000 more expensive since he won

  • December 6, 2016
The sharp jump in mortgage interest rates following the November election is not only holding on but gaining. Add that to an already uneven housing recovery, and the resulting numbers are staggering. Housing affordability was already weakening, thanks to fast-rising home prices, which has made it the least affordable time…
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Italy’s pain has turned into even more gains for US banks

  • December 6, 2016
For how tumultuous of a year it's been for business and politics, it's somehow fitting that 2016 should end with Americans banks sitting pretty as an oasis of stability. After an explosive move higher during November, U.S. banks got another boost Monday from the "no" vote in the weekend's Italian…
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Texas: Hundreds of immigrants released following court ruling

  • December 6, 2016
Hundreds of women and children were released from two family detention centers over the weekend, after a Texas state judge sided with critics who say the facilities more closely resemble jails than child care centers. The mass releases were a victory for immigrant rights advocates, who argue that it’s unnecessary…
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UN Expert Warn Australia of approving racism and ethnicity in New law

  • December 5, 2016
Country's conservative government plans to amend Racial Discrimination Act, which prohibits offending someone on the basis of race, colour or ethnicity A United Nations expert on racism on Monday urged Australia not to water down hate-speech prohibitions, as bigots and extremists become more vocal.  Mutuma Ruteere, UN special rapporteur on racism, joined…
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HP Brings Fashionable Technology to the Sex and the City 2 Premiere

Trumps costing New York millions everyday

  • December 5, 2016
Melania Trump costing New York taxpayers millions of dollars everyday Melania Trump and her 10-year old son Barron will stay in Manhattan at Trump Tower, when Donald Trump moves into the White House. This is causing some unexpected expenses for taxpayers. According to city officials, protecting the Trump family will cost…
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Mike Pence: Donald Trump’s false claims are refreshing

  • December 4, 2016
  George Stephanopoulos grilled Vice President-elect Mike Pence on Sunday George Stephanopoulos grilled Vice President-elect Mike Pence on Sunday over President-elect Donald Trump's unsubstantiated claims that millions of people voted illegally. In an interview on "This Week," the ABC anchor brought up Trump's baseless claim, asking Pence if it "was…
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Here’s why you should care about the Italian referendum

  • December 2, 2016
Italians will vote on major referendum Sunday night. There's a lot at stake. Here's why you should care. This is a referendum on political and economic change. The Italian political system is a mess and one of the main reasons the economy is weak. It's a mess because there is…
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Trump called Taiwan’s president, risking feud with China

  • December 2, 2016
President-elect Donald Trump spoke with Taiwan President Tsai Ing-wen on the phone Friday, a move that risks opening up a major diplomatic dispute with China before Trump has even taken office. The call from the U.S. president-elect to the leader of Taiwan, a self-governed island that Beijing views as a breakaway…
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Trump stacks kitchen cabinet with millionaire, billionaire executives

  • December 2, 2016
President-elect Donald Trump has assembled a kitchen cabinet of wealthy corporate and financial executives This includes current and former leaders from General Motors, JPMorgan Chase and IBM — to provide him with economic advice. The 16-person group, whose membership was announced Friday, will meet for the first time at the…
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Trump supporters aggressively challenge Stein recount efforts in three states

  • December 2, 2016
Supporters of President-elect Donald Trump are moving aggressively to challenge Green Party presidential candidate Jill Stein’s push for a recount in three midwestern states, filing legal challenges and criticizing the effort as quixotic and ill-conceived. Trump and his backers have filed challenges the past two days in Michigan, Wisconsin and…
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Brazilian Soccer Tragedy

  • December 2, 2016
Colombian officials probing Monday’s crash that killed 71 people including most of a Brazilian soccer team face one of the rarest types of accidents and perhaps one of the hardest for families to comprehend, amid reports that the airplane had run out of fuel. Some 0.5 percent of accidents on…
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