UNITED STATES

Asian Stocks Rise On US, Greece Optimism

An investor looks at an electronic board showing stock information at a brokerage house in Huaibei
Asian markets rose Monday after the encouraging news from the U.S. that the economy was regaining momentum to a certain extent and that Greece was showing improvement in complying with bailout requirements.
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Michael Phelps and Ryan Lochte will face-off once again at the London Games.

Michael Phelps: Incredible Winning Moments in London Olympics (Photos)

Michael Phelps, the legendary American swimmer on Saturday bade goodbye to competitive swimming by extending his world record as the U.S. team won gold in the 4x100 medley relay. Earlier, Phelps announced that he will quit professional swimming career after the London Olympics.
Asian Markets

Asian Stocks Week Ahead: Investors To Focus On Chinese Data

Asian stock markets ended with gains last week as the speculation of further stimulus measures from the major central banks offered support. However, markets pared gains after policy makers in the U.S. and Europe failed to offer any new stimulus measures needed to bolster growth. Particularly, the lack of concrete new action by the European Central Bank weighed on the sentiment.
President Obama Played Gold On His 51st Birthday

President Barack Obama Celebrates His 51st Birthday With Golf, Job Growth

President Obama is one of the youngest presidents in history, coming in only behind Ulysses S. Grant, Theodore "Teddy" Roosevelt, John F. Kennedy and Bill Clinton. The 44th president is spending his birthday golfing and having dinner with the first lady at Camp David. He'll attend fundraising events across the country in the next few days in an attempt to make sure this won't be his last birthday in the White House.
Washington post

Once A Moneymaker, Kaplan Is Now A Burden For The Washington Post Co

The pressures on the Washington Post Co., the sixth-largest U.S. newspaper group by circulation, are twofold: the erosion in advertising and circulation revenue of its print properties, and the plunging profit of Kaplan, its for-profit education division, as the federal government enacts more regulations.

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