The Traderszone Network

The U.S. and its allies remain committed to continuing sanctions against Moscow, President Obama said Monday from the G7 summit.

One industry occupies more than half of this list, and you’ll be surprised by which one it is.

From rumors of Obama’s “strong dollar problem” to Grexit (“contained”) and global warming (we’ll just throw $100 billion at it…) President Obama explains how the G8(-1) has solved the world’s problems…once more.

The president is due to speak at 10amET (plan accordingly)

Let’s hope his exit is better than his entry…

read more

As the housing market continues to stabilize, a possible trend seems to be re-emerging, the demand to invest in subprime loans.

Apple Inc. is assembling a high-speed network and upgrading how it builds data centers, a push to be more competitive with Amazon.com Inc., Google Inc. and Microsoft Corp. in cloud services, people familiar with the plans said. Up to now, Apple has relied mostly on traditional network providers and technology suppliers to support consumer services such as iTunes for music and movies, iCloud for storing photos and other content and the Siri voice-activated assistant. Apple will stick with most of its existing vendors, and is mainly seeking to bolster its current infrastructure.

McDonald’s Corp., pursuing a comeback under new Chief Executive Officer Steve Easterbrook, reported May sales that narrowly topped analysts’ projections after growth in Europe helped make up for a lingering slump in the U.S. Global same-store sales fell 0.3 percent in the period, the Oak Brook, Illinois-based company said in a statement Monday. Europe was a bright spot for a company struggling with sluggish demand in both Asia and its home country.

Sears’ first-quarter loss narrowed though sales continue to slide as the retailer prepares the roll-out of its real-estate investment trust this week to raise cash. Sears Holdings Corp. said that it expects …