The Traderszone Network

Congressional Republicans have legitimate reasons to resist the demands of the International Monetary Fund, writes Paul Brandus.
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Of those with incomes of $100,000 or with $50,000 or more in the market, 45 percent say the economy is excellent, says a CNBC survey.

Greece is expected to ask its battle-weary international creditors for more financial aid today..

U.S. stock futures extended falls in Asian trading on Wednesday, tumbling more than 1 percent as plunging Chinese shares rattled investors. S&P 500 E-mini futures were last down 1 percent on the day at …

The latest job cuts are in addition to the 18,000 jobs that Microsoft said it planned to cut a year ago, the newspaper said, citing sources familiar with the matter. Reuters could not immediately reach Microsoft for comment outside regular U.S. business hours.

British lender Barclays has ousted Chief Executive Antony Jenkins after three years in the post, saying on Wednesday it had decided new blood would help accelerate strategic change at the bank and boost shareholder returns. The surprise move comes weeks after John McFarlane took over as chairman of the bank and signaled his intention to speed up its turnaround plan. McFarlane is to take over executive duties until a permanent successor is appointed.

European stocks rise Wednesday, getting somewhat of a break after four straight sessions of losses spurred by the turmoil surrounding Greece and its debt crisis.
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