Posted in fofabvlic

Stocks end mixed as fears of rate hikes are renewed

first_imgNEW YORK – Solid employment data failed to extend Wall Street’s rally Friday as renewed interest rate concerns spurred profit-taking and left stocks mixed. The major indexes also ended the week mixed. Wall Street had a mild reaction to the Labor Department’s announcement that U.S. employers added 215,000 jobs in November, the biggest gain since July. That bested economists’ forecast for a 210,000 increase, and October’s growth of 44,000. While the job growth bolstered a brightening economic landscape, some analysts are beginning to fear that the Federal Reserve may push interest rates higher now that the economy appears to be unfazed by hurricanes Katrina and Rita. Upbeat personal spending data sparked a rally Thursday and sent the Dow Jones industrials climbing 106 points. Meanwhile, an approaching winter storm lifted crude futures a second day amid expectations for the cold weather to drive heating oil demand in the Northeast. A barrel of light crude rose 85 cents to settle at $59.32 on the New York Mercantile Exchange. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals At the close of trading, the Dow lost 35.06, or 0.32 percent, to 10,877.51. Broader stock indicators were higher. The Standard & Poor’s 500 index added 0.41, or 0.03 percent, to 1,265.08, and the Nasdaq composite index rose 6.20, or 0.27 percent, to 2,273.37, a fresh four-year high. Bond prices steadied after three days of losses, with the yield on the 10-year Treasury note flat at 4.52 percent from late Thursday. The dollar was mixed against other major currencies, while gold prices lingered above $500 per ounce. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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Posted in zoyaanpx

Liam Gallagher Says No To Fur

first_imgRenowned for its classic designs that are worn by musicians, sports stars and vintage-style lovers the world over, and for having been designed by the most legendary frontman in rock music, Liam Gallagher’s Pretty Green label has been a global hit since it was founded in 2009.As a British-centric label it will come as no surprise that the Beady Eye singer’s clothing range is completely fur-free. In an e-mail sent to PETA, Pretty Green’s chief executive officer confirmed that the company has a no-fur policy and that it is now labelling any faux-fur trim on its garments. In addition, the company has requested to be added to the animal rights organisation’s list of fur-free fashion brands.“Only the truly arrogant can ignore the suffering of minks who go mad from being confined to small cages and foxes who chew off their own limbs to escape painful steel-jaw traps”, says PETA’s Senior Programme Manager Yvonne Taylor. “We are delighted to add Liam to the list of truly talented visionaries and trendsetters who are able to design stylish, fashionable and popular clothing without the use of fur.”Animals on fur farms spend their entire lives confined to cramped, filthy cages before they are beaten, gassed or anally electrocuted. Sometimes, they are even skinned while they are still alive. More than 2 million cats and dogs are skinned in China every year – many while fully conscious. Designers such as Ralph Lauren, Stella McCartney, Tommy Hilfiger, Calvin Klein and Vivienne Westwood have all publicly sworn off fur. With so many stylish alternatives available, there’s no excuse to harm a hair on an animal’s back.For more information, please visit PETA.org.uk.last_img read more

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