Socialist Pedro Sanchez Succeeds Mariano Rajoy As New Prime Minister Of Spain

Socialist Pedro Sanchez Succeeds Mariano Rajoy As New Prime Minister Of Spain Rajoy lost a parliamentary confidence vote triggered by a long-running corruption trial involving members of his center-right party. MADRID (Reuters) – Socialist Pedro Sanchez took over as Spain’s prime minister on Friday, after outgoing leader Mariano Rajoy lost a parliamentary confidence vote triggered […]

Dubai has reportedly become a money-laundering paradise

DUBAI, United Arab Emirates — War profiteers, terror financiers and drug traffickers sanctioned by the US in recent years have used Dubai’s real estate market as a haven for their assets, a new report released Tuesday alleges. The report by the Washington-based Center for Advanced Defense Studies, relying on leaked property data from the city-state, […]

Rent-A-Center shares soar on privatization hopes

Rent-A-Center shares soared Tuesday on hopes that the company would do an about-face and decide to go private. Private equity firm Vintage Capital presented the rent-to-own company’s board with an all-cash “best and final offer” of $14 a share, according to a letter sent to Rent-A-Center’s board. Shares of the company rose 14 percent, to […]

Millennials expect to become millionaires despite debt

Millennials have great financial expectations. About half of young people between the ages of 21 and 37 anticipate being millionaires someday — despite having a collective and crippling $1 trillion in student loan, credit card and other debt hanging over their heads, according to a new report from brokerage firm TD Ameritrade. The survey asked […]