Euro slides, French stocks slump as EU elections lead to turmoil
The euro fell vs. the British pound on Monday after European political turmoil that saw France call an unexpected election and Belgium’s prime minister resign. Source link...
MARKET
Driller Noble to buy Diamond Offshore for $1.6 billion
Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share. Source link...
‘Is he secretly laundering money?’ I loaned a friend $30,000. He wants to pay me back using an offshore account.
“Am I asking for trouble?” Source link...
‘Is he trying to bamboozle me?’ My husband wants a divorce after 20 years. He offered his $275,000 401(k) in exchange for our $250,000 house.
“I used my 401(k) for life expenses because doctors found a parasite behind my husband’s eye.” Source link...
‘Once a cheater, always a cheater’: I’m the beneficiary on my ex-husband’s $250,000 life insurance. He’s now threatening to change it. Is he in breach of our divorce decree?
“I’m 50 years of age and only have $45,000 saved.” Source link...
How Wall Street’s hopes for multiple Fed rate cuts this year came undone
May’s jobs report shocked traders and economists and complicated the question of where policymakers should go from here. Source link...
Elliott reportedly builds big stake in Southwest Airlines, will seek changes
Activist investor Elliott Investment Management has taken a large stake in Southwest Airlines and intends to push for changes, the Wall Street Journal reported late Sunday. Source link...
‘They think I’m rich because I have a very nice house’: My friends order drinks and pricey dishes in restaurants. Is it rude to ask for a separate check?
“I am comfortable. I retired four years ago. I don’t drink much alcohol.” Source link...
Stock market faces midweek double whammy with Fed decision following CPI inflation reading
Stocks will enter the week near all-time highs as investors await a key inflation reading and guidance from the Federal Reserve. Source link...
Fed won’t move interest rates this week, but meeting will still be a feast for economists
The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely for any clues on the timing of the first rate cut in...
