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Traders work at their screens at the stock exchange in FrankfurtEuropean shares fell in thin trade on Monday while the dollar powered ahead after U.S. Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year. Investor concerns about Greece's debt problems and a poor regional and local election result by Spain's ruling People's Party also weighed on the euro and European shares. The pull-back in European stocks mirrored losses on Wall Street on Friday after Yellen suggested the Fed was ready to act if the economy kept improving as expected, though a raft of recent data has suggested it is growing only modestly in the second quarter.


5/25/2015 12:09:02 PM

U.S. Federal Reserve Vice Chair Stanley Fischer addresses The Economic Club of New York in New YorkU.S. Federal Reserve Vice Chairman Stanley Fischer said it was "misleading" to give so much importance to the Fed's first interest rate hike since the process of returning to a more normal level will take a few years. Fischer, speaking in Israel, said that while markets largely expect the first rate hike in September, it will be determined by data and not by date. "What we are thinking about is raising the interest rate from zero, which is an ultra expansionary monetary policy to a quarter percent, which is an extremely expansionary monetary policy.


5/25/2015 10:45:01 AM

Time Warner Cable office is pictured in San DiegoTime Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S. cable and broadband market, and marks a triumph for Charter, which was rejected by Time Warner Cable just last year. The cash-and-stock deal values Time Warner Cable at $195 per share, according to sources, and comes just one month after Comcast dropped its $45.2 billion merger agreement with Time Warner Cable, clinched in February 2014, over antitrust concerns.


5/25/2015 4:04:42 PM

Cleveland Federal Reserve President and CEO Loretta Mester gives her keynote address at the 2014 Financial Stability Conference in WashingtonCentral bankers should be aware of the potentially destabilizing effects of super-easy policy on financial systems, a top U.S. Federal Reserve official said on Monday, even if monetary policy should not be used as a main tool to prevent bubbles. "I would opt to use the macroprudential tools as the first line of defense, since they can be more targeted to the markets and institutions where the risks are emerging," Cleveland Fed President Loretta Mester said in remarks prepared for delivery to the annual conference in of the Financial Intermediation Research Society, a group she helped found, meeting in Reykjavik, Iceland. "However, I do think that when we are making policy decisions, we should be cognizant of the linkages between our nonconventional monetary policy of an extended period of essentially zero interest rates and financial stability." The concern that the Fed's near-zero rates, in place since December 2008, could be creating new bubbles and an eventual crisis has motivated a few Federal Reserve officials to push for the U.S. central bank to start raising rates sooner than later.


5/25/2015 7:12:56 AM

An oil well pump jack is seen at an oil field supply yard near DenverCrude oil futures rose on Monday as firm global demand offset a strong dollar, although a holiday in the United States and much of Europe kept trading muted. Front-month Brent crude gained 53 cents to $65.90 a barrel by 1750 GMT (01:50 p.m. EDT), after touching an intraday low of $64.72. U.S. crude was up 8 cents at $59.80 a barrel.


5/25/2015 12:34:59 PM
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This site is updated almost every hour. Some automatically and some manually. Pages are added to help out our viewers. If you have something good to offer, or want to see information on something, let us know. This is a very friendly Real Estate site that provides information on unique issues as well as real estate. Look up on top. There is one tab that offers FREE items. I have used many things from them, and some things I do not need. Just look around our site and let us know what you think.

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Here is a quick list of some of the areas we cover: ORANGE COUNTY, LOS ANGELES, SAN BERNARDINO, RIVERSIDE, KERN CO.
Artesia, Buena Park, Cypress, Compton, Garden Grove, Huntington Beach, Irvine, Long Beach, Los Alamitos, Los Angeles, Midway City, Newport Beach, Orange, Stanton, Tustin, Victorville, Westminster and MANY, MANY others. We even find homes to suit your family pets :-)

714-493-5069     In Southern California 

           

                                       Listing and Sales of: Houses, Investment Property, Condos, Office and Private Rentals, Professional Office Leases + more.  Consultations are also provided on individual cases for an extra fee. AGENT IS A CERTIFIED SHORT SALE & PROPERTIES-IN-FORECLOSURE SPECIALIST.

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      Chantal, Beata, Blyssey                                         

And The Kids Grew Up!!! Go See More Pictures of Their Graduation. Tabs on left hand side towards the bottom.


 


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