Stocks continue rally as safe haven moves slow
Breakfast with Benjamin:Stocks continue to rally after Putin weighs in while one Fed official hopes for a quicker taper. Also: Obama's budget met with groans, the Comcast-Time Warner deal isn't done yet, Credit Suisse expanding in Asia and Facebook's drone dreams
Today’s guest chef: Mason Braswell
- Stocks surge, currencies stabilize as Putin calls military force a “last resort” in Ukraine and investors wait to see what’s next. Yen under pressure as Russia-Ukraine concerns ebb; euro softer
- As the market ticks back up, at least one official hopes the Fed will speed up the taper. Is he short emerging markets? Fed’s Lacker says he would accept faster shrinkage
- Republicans take issue with spending increases in Obama’s fiscal 2015 budget and bring up contentious tax reform issues. Obama budget sets up election year clash with Republicans
- One proposed tax reform could have a big impact on advisers who have clients with large retirement accounts. Obama’s budget: What advisers need to know
- It ain’t over yet. One trade group is fighting back over Comcast Corp.’s proposed takeover of Time Warner Cable, arguing that it could lead to higher programming costs and in other ways be bad for consumers. Trade group issues warning on proposed takeover of Time Warner Cable
- Around the world: Credit Suisse hunts for wealthy clients in Asia, hoping to bolster its wealth management unit in emerging markets as it awaits results of a tax probe in the U.S. Credit Suisse private bank to boost Asia lending in wealth hunt
- And if Amazon can do it, why not Facebook? Facebook wants to spend $60 million on drones so it can beam the Internet to people in poorer countries
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