Today's Top Stories - December 18, 2014 


BEWARE THE BELL! U.S. stock index futures signaled a sharply higher open on Thursday, as Wall Street cheered comments from Federal Reserve Chair Janet Yellen which soothed some fears of a sooner-than-expected rate rise More

EUROPE: European shares bounced in morning trade on Thursday, with global sentiment boosted after the U.S. Federal Reserve said it had confidence in the economy More

ASIA: Asian equities mostly rose on Thursday, with the exception of Shanghai and Seoul, as investors took heart from a turn in oil prices and after the Federal Reserve said it was confident in the U.S. economy More

The Chinese cars that are changing Cuba Cuba has long been known for its 1950s American cars lining its streets, but Havana is now home to a small, but growing, number of brand new Asian automobiles which are altering the landscape More

OIL: Brent crude jumped 3 percent to about $63 a barrel on Thursday, as some traders bet a six-month price rout could be ending as more energy firms cut investment budgets More

In Canada's oil sands, a boomtown starts feeling the chill a slide in oil prices since June has fueled a sense of unease in the community of nearly 73,000 which for over a decade has rarely known anything but the good times More

The airline industry is set to reap the benefits of lower oil prices, which could fall to as low as $30 a barrel, according to the chief executive of Emirates Airline More

GOLD: Gold climbed 1 percent to trade above $1,200 an ounce on Thursday after the U.S. Federal Reserve said it would take a ``patient'' approach in deciding when to raise interest rates even as the U.S. economy strengthens More

The True Story of The Financial Deregulation Provision in The Cromnibus: You could certainly blame Citigroup for the provision. But you could also blame Barney Frank More

Apple just got reinforcements in mobile payments battle Dozens more companies—including big banks, retailers and start-ups—have begun to adopt Apple's mobile payments platform, the tech giant told The New York Times More

...The Russian Bear …

Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy More

Putin’s other problem: Russia’s brain drain Russia's scientific community has suffered a long period of decline that's getting even worse by the country's current political and economic situation, according to a report More

Russia says will react if US imposes new sanctions Russia will take counter measures if Washington imposes new sanctions on Moscow over the Ukraine crisis More

How Russian crisis could be like 1998—but worse The fall of the Russian ruble portends rough seas ahead for multinational corporates. It is the kind of crisis that will separate the effective risk managers from the rest More

Putin speech sparks more ruble volatility; Russian President Vladimir Putin blamed "external factors" for its economic crisis Thursday, but failed to reassure investors More


The Social Security Administration (SSA) overpaid high school students $225.3 million and in many cases lacked evidence that students were actually in school, according to a new audit from the Office of Inspector General (OIG) More

NIH Blows $1.3 Billion On Failed Children's Health Study The good news is the National Institutes of Health pulled the plug on a national children's health study because it was fatally flawed. The bad news is they wasted 10 years and $1.3 billion before they admitted it More

The wealth gap between middle- and upper-income households has widened to the highest level on record, says a new report. More


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  Quote OF THE DAY    


SEX IN THE SHOWER !!!!!!!!!!!!!!!!!!!!
In a recent survey carried out for the leading toiletries firm 'Brut', people from Chicago have proved to be the most likely to have had sex in the shower!
In the survey, 86% of Chicago's inner city residents (almost all of whom are registered Democrats) say that they have enjoyed sex in the shower.
The other 14% said they hadn't been to prison yet.
Sort of brings tears to your eyes!!!!






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