Today's Top Stories - March 4, 2015  

 

BEWARE THE BELL! U.S. stock index futures signaled a lower open on Wednesday ahead of a busy day for economic data, as investors await Friday's key employment report, which may shed light on the possible timing of an interest rate rise by the U.S. Federal Reserve More

EUROPE: European equities were mixed in morning trade on Wednesday as investors geared up for the European Central Bank's (ECB) policy meeting on Thursday More

ASIA: Indian shares led gains in Asia on Wednesday after a surprise rate cut by the Reserve Bank of India. The rest of the region saw a mixed trading picture as a strengthening Japanese currency and worries over sluggish growth in Australia and China damped sentiment More

OIL: Brent dipped on WednesdayBrent dipped on Wednesday but held above $60 a barrel, supported by a rise in Saudi crude prices and air strikes and militant raids on oil facilities in Libya More

GOLD: Gold edged higher on Wednesday following two days of losses, although caution prevailed as the dollar held near 11-year highs ahead of major U.S. economic data More

Yellen: Poor values may undermine bank safety Federal Reserve Chair Janet Yellen lashed out at the culture in the nation's biggest banks on Tuesday saying "there may be pervasive shortcomings in the values of large financial firms that might undermine their safety and soundness." More

Apple plans fix next week for newly uncovered Freak security bug An Apple spokesman said on Tuesday that the company plans to release a fix next week to mitigate the newly uncovered 'Freak' security flaw affecting Safari browsers on its iOS and OS X operating systems for mobile devices and Macs More

Oil prices pose biggest political risk: Aon Low oil prices will compound political risks across emerging markets this year, according to a new report released Wednesday More

Holy cow! Maharashtra #beefban sparks social media storm The hashtag #beefban is blowing up on Twitter after the Indian state of Maharashtra, home to the country's financial capital Mumbai, imposed a five-year jail sentence and 10,000 rupee ($162) fine for the sale or possession of the red meat More

Contrarian call? Why you should be wary on Europe Investors need to be cautious on rotating into European equities, according to the CEO of an independent asset management group More

2014 California drought was bad. 2015 will be worse Despite rains in the northern and southern portions of California over the last couple days, experts say the state's severe drought is on track to cause an economic loss there of roughly $3 billion in 2015—up from roughly $2.2 billion last year More

LIAR-IN-CHIEF … Obama Called Out Once More For Lying … Of course his Keystone Pipeline statements are lies. Lying is what liars do - especially when they are the Liar-in-Chief More


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