Manuel Alejandro Tellechea

41 Flips | 5 Magazines | 4 Following | 3 Followers | @tellechea192013 | Keep up with Manuel Alejandro Tellechea 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 “Manuel Alejandro Tellechea”

What If the Richest Person in Every Country Gave All Their Money to the Poor?

Would the world be a better place if the wealthiest gave their fortunes away to the bottom billion? We tried to answer the question by creating the</i> …

10 things you need to know today

<b>Chinese stocks saw a wild session.</b> China's Shanghai Composite opened to a loss of more than 4% before seeing a late-morning surge into positive territory ahead of the break. Stocks dipped back into negative territory after trade resumed and regained the flat line amid a late bid. But some …

10 things you need to know today

<b>Chinese stocks soared.</b> A late surge propelled the Shanghai Composite to a gain of 4.8%. The index was up 1.9% heading into the final hour of trade before strong buying of small-cap names emerged. The Chinese government was most likely a factor in the late-day rally.<p><b>Global stock markets trade mixed.</b> …

Markets

Opinion: If you don’t buy Apple’s stock today, you’re crazy

Apple Inc. bounced back on Monday as bold investors used a decline of up to 13% earlier in the day to buy the iPhone maker’s stock on the cheap. As …

China acts to boost economy after stocks crash

China has launched new stimulus measures to boost the country's flagging economy.<p>The People's Bank of China cut its key lending and deposit rates by 0.25% on Tuesday. The one-year lending rate is now 4.6% and the deposit rate is 1.75%.<p>This is the fifth time in just nine months that China cut rates …

U.S. futures signal big rebound on Wall Street

It may be safe to wade back into stocks Tuesday.<p>Click here for updates on Tuesday's U.S. markets<p>Officials in China, whose stock market woes have riled world markets, stepped up after the close of the market to cut interest rates and allow banks to lend more.<p>Markets in Europe and U.S. stock futures …

Apple stock goes on a wild ride

U.S. markets were extremely volatile Monday, and no major stock had a wilder ride than Apple.<p>More than 100 million shares of Apple (AAPL) traded hands Monday, making it the second most heavily traded stock in terms of trading volume. Only Bank of America (BAC), with shares that are significantly …

Stocks: 6 things to know before the open

Ouch. It's all red on Friday.<p>Global markets are hitting fresh lows and U.S. stock futures are edging lower.<p>But it's the same old story: China turmoil, low oil prices, Fed uncertainty.<p>Here are the 6 things you need to know before the opening bell rings in New York:<p><b>1. China slides again:</b> The Shanghai …

Ranking de países con Riesgo de Quiebra

Stocks: 5 things to know before the open

Investors are on edge after China stocks suffered a savage fall on Tuesday.<p>U.S. stock futures were slipping and global markets retreated.<p>Here are the five things you need to know before the opening bell rings in New York:<p><b>1. China tumbles:</b> The bears are once again stalking Chinese markets. The …

Stock Markets

Los enigmas del Banco Central Chino

El Banco Central Chino devaluó dos veces consecutivas el yuan. Lo que parece una agitada reacción a débiles datos económicos tiene razones de fondo, …

U.S. Identifies Insider Trading Ring With Ukraine Hackers

Exposing a new front in cybercrime, U.S. authorities broke up an alleged insider trading ring that relied on computer hackers to pilfer corporate …

Corruption

Five Things Everyone Will Be Talking About Today

Jobs day in the U.S., BOJ does nothing and Allianz is so over Bill Gross. Here are some of the things that people in markets are talking about this …

Puerto Rico just defaulted for the first time

Puerto Rico just went into default for the first time in its history.<p>The commonwealth paid a mere $628,000 toward a $58 million debt bill due Monday to creditors of its Public Finance Corporation. This will hurt the island's residents, not Wall Street. The debt is mostly owned by ordinary Puerto …

Fed: Prepare for likely interest rate hike in 6 weeks

Dear Americans,<p>A rate hike <i>could</i> be here in 6 weeks.<p>Regards,<p>Janet Yellen and company.<p>That's the Federal Reserve's main message Wednesday. America's first interest rate hike in almost a decade could come on September 17 when the Fed holds its next meeting. It's being dubbed a "liftoff" moment, since …

The Fed Is Closer to Hitting Its Inflation Target Than People Think

This week’s meeting of the Federal Open Market Committee is really about September.<p>Fed officials aren’t ready to raise rates on Wednesday, and they …

Economy

China Has Biggest One-Day Stock Crash Since 2007

China’s stocks tumbled, with the benchmark index falling the most since February 2007, amid concern a three-week rally sparked by unprecedented …

Best places to retire abroad

Retiring to an exotic place isn't a fantasy if you choose the right location. You can have an oceanfront view and the comforts of home all whilespending less money than you would in the States.<p>A couple can live on less than $2,000 a month in the top seven places ranked by Live and Invest Overseas. …

Yellen still thinks Fed will raise rates this year

Federal Reserve chair Janet Yellen is still doing her best impersonation of someone at NASA's Mission Control. She's preparing the market for an eventual liftoff for interest rates.<p>Yellen told members of the House Financial Services Committee Wednesday morning that it will be appropriate to raise …

IMF Says Greece Needs Even Deeper Debt Relief From Europe

Greece needs debt relief “far beyond” what European creditors have been willing to consider, including possibly deep “haircuts” on the value of Greek …

Five Things Everyone Will Be Talking About Today

Greece says no to more austerity, Varoufakis steps down and Chinese authorities struggle to stop the stock market rot. Here are some of the things …

No! Greek vote shocks Europe

Greece has voted by a big margin against Europe's latest bailout offer, raising the prospect that the country could now suffer a worse economic disaster and lose its place in the euro.<p>More than 60% heeded left-wing Prime Minister Alexis Tsipras' call to vote "no." He hopes to force Europe to hand …

What the Nuclear Accord Means for Business Opportunities in Iran

The phone line was buzzing Thursday at Jack Hayes's office at Steptoe & Johnson in Washington—several Fortune 500 clients wanted to know what the …

The March Jobs Report Was a Wake-Up Call About the Impact of the Strong Dollar

The March jobs report showed tell-tale signs that the factory sector is struggling and the broader economy is feeling the impact. Private sector job …

Video - Bloomberg

Rent vs. buy vs. live with mom and dad

<i>Is it better to get a 15- or 30-year mortgage on a first house? -- @KellyRunRuuun viaTwitter.</i><p>Wow, Kelly. That's a question I don't hear often from Millennials.<p>Your generation is twice as likely to be living at home with mom and dad than shopping for real estate. In fact you've been out of the …

Kraft and Heinz merger to create food giant

Heinz is buying Kraft Foods to create the world's fifth largest food and beverage company, with sales of about $28 billion.<p>Kraft shares surged more than 33% Wednesday.<p>Kraft owns popular brands such as Jell-O, Maxwell House coffee and Planters peanuts. Heinz, of course, is famous for its ketchup, …

Octava final Barcelona-Athletic: cinco fueron para los culés - AS.com

El <b>Barcelona</b> jugará su quinta final de <b>Copa del Rey</b> en los últimos siete años. Desde la temporada <b>2008/09,</b> el año del triplete con <b>Pep Guardiola,</b> el club …

Aduriz y Etxeita conducen al Athletic a la final de Copa - AS.com

Lo que comenzaba como una “gran noche” para el <b>Espanyol</b>, como aventuraba el cántico que les ha acompañado durante toda la <b>Copa</b>, acabó respondiendo a …