Today's Top Stories - May 29, 2015  


BEWARE THE BELL! U.S. stock markets looked set for a lower open on Friday, as uncertainty over Greece weighed on European shares and U.S. stock index futures More

EUROPE: Euro zone equities were lower Friday following a slew of data releases and as uncertainty over Greece weighed on sentiment More

ASIA: Shanghai shares hogged the spotlight on Friday, as the key Shanghai Composite index extended losses to finish at a one-week low. Meanwhile Japan's Nikkei 225 was the "quiet achiever" for the day, according to experts, after eking out marginal gains to clinch a fresh 15-year peak More

OIL: Crude oil prices rose around 1 percent on Friday after U.S. inventories fell for a fourth straight week, although prices were set for a weekly drop on a stronger dollar More

GOLD: Gold steadied off the previous session's 2-1/2 week low on Friday, supported by uncertainty over Greece's debt talks, but still under pressure from expectations that a rise in U.S. interest rates may come soon More

Why bank stocks look 'outstanding' Banks have been outperforming the market, and in the long term, technician Rich Ross sees a "beautiful breakout." More

US economy likely shrank in first quarter, but fundamentals strong The U.S. economy likely contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity since has rebounded modestly More

Amazon moving on new line of food, household goods Amazon became the largest Internet retailer in the U.S. by selling millions of other manufacturer's items—now, it's expanding its own. More

Analyst: Here's what Amazon's doing right Online retailer Amazon still hasn't reported a quarterly profit but it has managed to grow its stock by more than 35 percent this year because of a simple factor, Morningstar Analyst R.J. Hottovy said Friday More

Why do women cheat? Ashley Madison CEO tells all Is cheating bad? In this Q&A, we got Noel Biderman, founder and CEO of the marital-affair site Ashley Madison, to tell all, from why women cheat to how affairs can actually HELP a marriage and why he thinks he'll do well in China. More

CBS's Moonves expects deal with Apple on TV CBS is in talks with Apple about offering content on Apple's revamped TV offering, CBS CEO Les Moonves said Wednesday. More

Apple promotion may signal new products: Analyst A C-suite promotion for one of Apple's most celebrated employees could be a powerful signal that a "slew of new products" are on the horizon for the world's largest company, according to Dan Ives, a managing director at FBR Capital More


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