Omar Fakhouri

67 Added | 7 Magazines | 12 Likes | 18 Following | 4 Followers | @omarfakhour2015 | Keep up with Omar Fakhouri on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Omar Fakhouri”

Economics

Don’t expect savings rates to rise, savers told

The Bank of England has hinted at a Base rate rise, but the connection between it and savings rates has been severed for some time<p>For the first time in years things are looking up for savers. Or are they?<p>Last Thursday Mark Carney, the governor of the Bank of England, indicated that interest rates …

The end of capitalism has begun

Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian<p>The red flags and marching songs of Syriza during …

Athletes and Exercise Enthusiasts Probably Need Less Protein Than You Think

In the article "How Much Carbohydrate, Protein and Fat You Need To Stay Lean, Stay Sexy and Perform Like A Beast," I discuss the health importance and positive performance implications of moderating carbohydrate intake. It's also extremely apparent that fatty acids are the slow burning fuel …

Buying guide: 5 Android phones that are a great deal after price-cuts

When a company launches a phone, it typically prices it a little higher than what it’s worth. If you’re willing to wait, you can get it cheaper. But …

Bank of England keeps interest rates steady as fears of Grexit grow

Concerns over the Greek debt crisis and a messy sell-off in Chinese stocks are likely to keep Bank rates low for longer<p>The Bank of England has kept its interest rates at their historically low level for the 76th month running, as the threat of a Greek exit from the eurozone weighs on the economic …

5 Things I Learned When I Quit My Six-Figure Life and Moved to Mexico

I had my mid-life crisis during a sales meeting. Or more specifically, during one of those cliché icebreaker games in a room of a hundred real-estate …

Nest Learning Thermostat, 3rd Generation

National Accessibility Customer Service Skip to Main Content<p>Use arrow keys to access sub-menus and sub-menu links, this may require a mode change<p>Residential<br>• Business<br>• Español<br>• Contact Us<br>• Set Location<p>Choose the right size for you, from 2GB to Unlimited.<p>No smartphone? Connect your basic phone, tablet, …

5 Yoga Poses Every Runner Should Know

Five essential routines for strength and flexibility<p>We took the most common running goals and asked the experts to target yoga routines that will help you run longer, stronger, and faster.<p><b>1. You Want: Total-body fitness (not just legs)</b> <b><br>You Need: Upper-body strength</b><br>Running motions lead to very tight …

3 fabulous — and affordable — Caribbean island locales for retirees

The perks of retiring to a Caribbean island — the warm weather, the laid-back lifestyle and the gorgeous surroundings — are as clear as the waters …

Short Sales Are at Their Highest Level Since the Financial Crisis

U.S. equity bears, mired in the longest streak of losses in 25 years, are getting bolder.<p>Unfazed by three years of money-losing bets against stocks, …

Stock Markets

FED'S BRAINARD: The US banks are too big

Risk has been dramatically reduced across the banking industry since the 2008 financial crisis, Fed Governor Lael Brainard said, but the size and scope of just a few firms remains a concern.<p>Brainard also suggested additional compensation measures that Wall Street could take to ensure bankers' …

Lael Brainard

Bill Gross had another great trade idea ... and he blew it

Bill Gross did it again.<p>In a tweet on June 3, Bill Gross said that after he failed to execute on his "short of a lifetime" — a bet that German Bund yields would rise — his next big short was China's Shenzhen index.<p>About a week after Gross' tweet, the index peaked.<p>Now it's down about 40%.<p>And just as …

Markets

Error. Page cannot be displayed. Please contact your service provider for more details. (7)

Joseph E. Stiglitz: The U.S. Must Save Greece

Emilio Morenatti—AP<p>Christopher Furlong—Getty Images<p>Michael Debets—Demotix/Corbis<p>Armando Babani—EPA<p>Petr David Josek—AP<p>Alexandros …

Travel + Leisure's world's best islands

Bioluminescent plankton create stunning glowing colors in the Maldives.Shutterstock/PawelG Photo<p>Travel + Leisure just released its World's Best Awards, ranking the top hotels, airports, airlines, cities, and islands from around the world.<p>To create their list of the world's best islands, the company …

Travel

Grexit could hit other eurozone countries

A Greek exit from the eurozone could send shockwaves through the single currency area.<p>If investors no longer see membership as permanent, they might ask countries such as Spain and Portugal to pay higher borrowing rates.<p>But members of the ruling-centre right People’s Party in Spain say that the …

Despite a salary cap and max contracts, the NBA's best players have wildly different salaries

Even with the presence of a salary cap and max contracts, the NBA's top players will have a diverse range of salaries next season. This is because in the NBA, maybe moreso than any of the other major sports, the salaries of top players are largely dependent on when they are drafted, when their …

NBA

World’s best gold forecaster is solidly bearish on bullion

There will be no relief any time soon from gold's worst losing streak in almost two decades, according to the most accurate forecaster for precious metals.<p>After sliding about 1 per cent since December, prices will drop an additional 10 per cent by the end of 2015, reaching $1,050 (U.S.) an ounce – …

UNEMPLOYMENT RATE DROPS TO 5.3%

The US economy added 223,000 jobs in June, while the unemployment rate fell to 5.3%, its lowest level since April 2008.<p>Wages were flat against the prior month and rose 2% over the prior year, missing expectations.<p>May's big gain of 280,000 jobs was also revised lower to 254,000 while the combined …

Economy

China State Official Hints Beijing May Bailout Greece

On Monday, after Greek PM Alexis Tsipras’ dramatic referendum call sparked a run on Greek ATMs, grocery stores, and gas stations, we did our part to …

Bill Gross has to play nice with a new co-manager

The once-Bond King moved on to smaller firm Janus Capital, and now thanks to that company's push for growth, he'll have to share the top spot there.<p>Janus Capital is buying a new bond firm, Kapstream Capital, and one of their founders will join Gross at the helm of his Janus bond fund, according to …

Markets

Greece Debt Crisis Explained

With a fund to bail it out currently standing at €1,300,000 on Indiegogo, it's fair to say that Greece has faced better economic times.<p>The dubbed …

GOLDMAN: Here are the 13 cheapest stocks in the market

Goldman Sachs's David Kostin, however, sees better gains ahead.<p>"We expect S&P 500 will return 6% during the next 12 months (4% price, 2% dividends)," Kostin said.<p>In a new report, Kostin identified the 40 stocks in the market offering the most upside relative to Goldman Sachs analysts' price targets.<p>…

Investing

Big economies go into financial crisis and default all the time

Everyone's anxiously waiting on Greece's referendum vote after the country failed to make a payment to the IMF on Tuesday.<p>For Greece, dealing with financial problems isn't anything new. The country has spent 90 out of the last 196 years in financial crisis— aka almost 50% of the time since its …

Merrill Lynch

America's biggest job market problem is uniquely American

Here’s something unique about America not to celebrate on July 4th: Our shrinking workforce.<p>On Thursday, the government reported that the U.S. added …

This 5,000-year trend in interest rates shows why Greece, China, and Puerto Rico won't cause a global recession

The seemingly never-ending saga in Greece, the slowdown in China, and Puerto Rico being on the edge of a default will <i>not</i> cause a global recession, says Bank of America Merrill Lynch.<p>That's because global interest rates are at their lowest levels in 5000 years, and the high liquidity and cheap cash …

Markets