U.S. markets stick to regular hours with pending storm

U.S. financial markets sought to do business as usual on Monday even though a potentially historic blizzard might dump up to 3 feet (90 cm) of snow on the East Coast and disrupt travel for tens of millions of people. The New York Stock Exchange said it currently plans to stay open for normal operating hours Monday and Tuesday, a NYSE spokesman said. Meanwhile, the Securities Industry and Financial Markets Association, which represents U.S. bond dealers and investors, said the domestic fixed income market will stick to its regular trading hours Monday and Tuesday, a SIFMA spokeswoman said. I don’t suspect it will be an issue at all," said Ken Polcari, director of the NYSE floor division at O’Neil Securities in New York.
SAG Awards win sends 'Birdman' Oscar hopes soaring

Edward Norton, left, and Michael Keaton accept the award for outstanding performance by a cast in a motion picture for “Birdman” on stage at the 21st annual Screen Actors Guild Awards at the Shrine Auditorium on Sunday, Jan. 25, 2015, in Los Angeles. (Photo by Vince Bucci/Invision/AP)Oscar hopes for "Birdman" got an enormous updraft over the weekend with big wins from the acting and producing guilds, possibly sending the comedy soaring over the perceived Academy Awards front-runner "Boyhood."



How Draghi got divided ECB to say 'yes' to money-printing

European Central Bank President Draghi and Vice President Constancio leave after addressing an ECB news conferenc in FrankfurtBy Paul Taylor LONDON (Reuters) - When Mario Draghi announced the European Central Bank's trillion-euro scheme to buy government bonds, he acknowledged that in the round of strategies to revive inflation and boost the economy, the bank had just played its last hand. Other policymakers have chosen to speak publicly in the aftermath.         SALAMI SLICES The Italian ECB chief's first tactic was to chop the decision into separate questions, a strategy he thought most likely to construct as broad a consensus as possible for QE.     He first sought agreement on the principle that buying sovereign bonds of all euro zone member states in the secondary market in proportion to their share in the central bank's capital was a legitimate tool of monetary policy.



Obama ends day of Indian pageantry with $4 billion pledge

U.S. President Obama and first lady Obama wave as they pose with India's President Mukherjee and Prime Minister Modi during home reception at Rashtrapati Bhavan presidential palace in New DelhiBy Sanjeev Miglani and Roberta Rampton NEW DELHI (Reuters) - U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies. Earlier in the day, at the invitation of Prime Minister Narendra Modi, Obama was the first U.S. president to attend India's annual Republic Day parade, a show of military might that has been associated with Cold War anti-Americanism. It rained as troops, tanks and cultural floats filed through the heart of New Delhi, but excitement nevertheless ran high over Obama's visit, which began on Sunday with a clutch of deals to unlock billions of dollars in nuclear trade and to deepen defense ties. Both sides hope to build enough momentum to forge a relationship that will help balance China's rise by catapulting democratic India into the league of major world powers.



Dwindling group of survivors to mark Auschwitz 70 years on

Visitors walk by barbed wire fences at the Auschwitz Nazi death camp in Oswiecim, Poland, Monday, Jan. 26, 2015. A decade ago, 1,500 Holocaust survivors traveled to Auschwitz to mark the 60th anniversary of the death camp's liberation. On Tuesday, for the 70th anniversary, organizers are expecting 300, the youngest in their 70s. (AP Photo/Alik Keplicz)OSWIECIM, Poland (AP) — A decade ago, 1,500 Holocaust survivors traveled to Auschwitz to mark the 60th anniversary of the death camp's liberation. On Tuesday, for the 70th anniversary, organizers are expecting 300, the youngest in their 70s.





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