William Y. Pabon Rodriguez

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Quietly, The Stock Market Is On Another Remarkable Run

But actually this stealthiness has been deceptive. It turns out the market is on a tear.<p>Dan Greenhaus (@danBTIG on Twitter) notes that actually the market has been on a Twitter:<p>It remains a quite rally to the upside, no doubt about that. How quiet? The S&P 500 is up 5.6% in July which, if it closed …

Netflix’s Q2 Misses Due To Lower-Than-Expected Subscriber Adds, Earns 49 Cents Per Share On $1.07B In Revenue

Netflix just released its second-quarter earnings report, missing analyst expectations with lower-than-expected subscriber numbers. For the second quarter, Netflix reported earnings of 49 cents per share on revenues of $1.07 billion. That compared to earnings of 11 cents per share on sales of $889 …

Juicy Couture Founders Want To Buy Back Their Brand

Though the brand — Juicy Couture — has made big leaps and bounds since its bedazzled bum days, it lacks the buzz that the original JC had back when …

Nas Launches A Streetwear Line, And It's Really GOOD

From Jay-Z's Rocawear to the forthcoming Kanye x A.P.C. collaboration, the art of rapper-turned-designer has long been a thing. So, when we heard …

Shop It Like It's Hot — 3 Steamy S.F. Sales To Hit NOW

Does eyeballing your current closet situation give you a mild case of anxiety? The eternal I-have-nothing-to-wear battle ensues yet again, and …

Rag & Bone Teams Up With Oakley For Super Limited Sunnies

We could never pass up a good collaboration + limited-edition gear + the perfect summer sunnies. Add anything rag & bone to the equation? …

This Infographic Shows The Startling Rise Of Obesity State By State

In our super-sized world where everything from our car interiors, the portions we consume, and even our precious coffee drinks have grown in scale, …

Best Engagement Rings - Unique, Affordable, Beautiful Styles

10 Pitch-Perfect Summer Dates For New York Couples

Though we've gone into detail on the more complex, unspoken details of a good relationship, we haven't forgotten the basics: Did someone say date …

Obama Is Totally Just Copying Other Presidents

He might as well just throw in the towel now.

Has the 1 percent committed treason?

<b>(Wikimedia/Eliot.P)</b><p>A small group of extremely wealthy people are systematically destroying the US government<p>Robert Reich<p>July 12, 2013 6:34pm (UTC)<p>Permit me an impertinent question (or three).<p>Suppose a small group of extremely wealthy people sought to systematically destroy the U.S. government by …

False Equivalence Watch: Another Strong Contender

Maybe the leading newspaper is testing readers to see if we're paying attention. At least I hope that's the explanation.<p>(Please see <b>update</b> below.) It's from today's <i>NYT</i>, in the form of an unfortunate account of why so little actual legislation is making its way through Congress:<p>The chaos reflects the …

The US Federal Reserve is getting more squeamish about inflation

The US Federal Reserve saysit targets 2% inflation. But today, inflation is well below that; the Fed’s preferred measure of inflation—annual growth in the core personal consumer expenditures index (core PCE)—hit its lowest level ever in April: 1.05%. It rose just 1.06% in May compared with last …

Economics

UBS is taking a big step back from investment banking

UBS has become synonymous with wealth management, recently beating out Bank of America for the title of world’s largest private bank. Meanwhile, the company’s investment banking business has taken a hit. It has been scarred both by losses during the financial crisis and the scandal over …

Investing

Saks, Neiman Marcus seek capital, consider deals

Luxury stores for sale: Good or bad for shoppers?<p>Talk about a designer sale.<p>Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile, Neiman Marcus' private equity owners -- TPG Capital and Warburg Pincus -- have made the first moves toward …

No Job? No Problem. Obamacare Provides Career Options For Young Adults

With unemployment high for young adults coming out of college in a tight job market, the Affordable care Act has allowed them to remain independent with flexibility to “pursue other career development options,” new research indicates.<p>A key aspect of the health law allows young adults, often college …