Facebook (FB) CEO Zuckerberg and Wife Priscilla are Soon-to-Be Parents Jul 31, 2015 02:44PM

Facebook (NASDAQ: FB) CEO Mark Zuckerberg and wife Priscilla are going to be parents.

The following was posted to Zuck's Facebook page on Friday:

Priscilla and I have some exciting news: we're expecting a baby girl!

This will be a new chapter in our lives. We've already been so fortunate for the opportunity to touch people's lives around the world -- Cilla as a doctor and educator, and me through this community and philanthropy. Now we'll focus on making the world a better... (continue reading...)

Uber raised close to $1B in latest funding round - WSJ Jul 31, 2015 02:34PM

Uber has raised close to $1 billion in latest funding round, according to the WSJ. The new funds value the company at nearly $51 biillion.

Trump's presidential bid draws scorn and bemusement in Europe Jul 31, 2015 12:51PM

By Angus MacSwan

LONDON (Reuters) - With his distressed hairstyle, voluptuous female companions and love of the media spotlight, U.S. tycoon Donald Trump is no stranger to people on this side of the Atlantic.

But his bid to become president of the United States has got people scratching their heads.

Seen by many as a kind of cartoon character despite his business successes, "The Donald" has baffled and angered in equal measure with a series of controversial comments.

His... (continue reading...)

Bill Gross Predicts Rate Hike in September as Fed Seen 'Wising Up' Jul 30, 2015 11:19AM

Janus Capital's Bill Gross said in his latest Investment Outlook that he thinks the Fed will raise interest rates in September, unless there is a major global catastrophe. The Fed's rational for the rate hike isn't rising inflation, nor the continued downward push of unemployment to 5%.

Gross explained, "The reason will be that the central bankers that are charged with leading the global financial markets – the Fed and the BOE for now – are wising up; that the Taylor... (continue reading...)

Janus' Gross says fund benefited from High Yield CDX short: CNBC Jul 29, 2015 03:20PM

NEW YORK (Reuters) - Bill Gross of Janus Capital Group Inc said on Wednesday that shorting the High Yield CDX index has benefited his Janus Global Unconstrained Bond Fund in the past few months.

"What I'm doing with Janus Unconstrained, is certainly not owning high-yield bonds, and in some cases, yes, shorting what we call High Yield CDX, the index," Gross told cable television network CNBC.

The Markit CDX North American High Yield index is composed

of one hundred (100)... (continue reading...)

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