The Traderszone Network

About a year after it was first revealed that the US had spied not only on Angela Merkel but on virtually every German citizen, in a remarkable NSA-CIA tag-team joint venture, many were wondering why Germany is taking things so calmly (aside, of course, for the whole “Fed may need to bail out Deutsche Bank at any moment” bit). Turns out the answer is that Germany was doing the same all along and as the German press reveals today, the German Federal Intelligence Service (BND) has tapped at least one phone call of then Secretary of State, Hillary Clinton.

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The charts suggest Yahoo shares are on the verge of a breakout rally that could take them up 15%, and possibly a lot more, according to MKM Partners technician Jonathan Krinsky
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After developing a cult following for its ‘Shackburgers’, ‘flat-top’ hot dogs and eponymous shakes, the company is now preparing to serve up its own shares to the public through an initial public offering (IPO), sources said on Friday. Shake Shack’s majority owner, Union Square Hospitality Group LLC, has interviewed investment banks in recent weeks to appoint underwriters for the IPO, the people said. Shake Shack, which started out of a hot dog kiosk in New York’s Madison Square Park in 2004, is expected to post earnings of around $20 million next year, one of the people added.

While prices on the bonds are holding near 80 cents on the dollar, saving creditors from the losses that typically follow a default, and the peso and local interest rates remain stable, Argentina is showing some concern that the situation may deteriorate by taking steps to preserve hard currency. The tax agency has slowed the pace of import approvals, adding to a $4 billion backlog that is equivalent to 67 percent of all of June’s imports, according to Jose Alfredo Nogueira, director of ABC Mercado de Cambios, a Buenos Aires-based currency dealer.

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Some of the best financial lessons can be learned from watching the fortunate foul up.

Beginning on August 26, some customers will be able to get their first Pumpkin Spice Latte fix of the year. Here’s how…

The fast-food chain is preparing to go public, seeking to tap stock market demand for popular casual dining companies, according to sources.