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10 things you need to know this morning in Australia

Monday 16 May 2016

Business Outsider

The website that tells you - and your boss - if you're being paid enough. The US confirms China is restructuring for war. P
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10 things you need to know this morning in Australia

The website that tells you - and your boss -  if you're being paid enough. The US confirms China is restructuring for war. Plus a Goat Man update and the worst thing ever invented.
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6 things Australian traders will be talking about this morning

The volatility continues. After the Dow closed 1% lower on Friday, it rallied 175 points for a 1% rally overnight. The S&P 500 went along for the ride with a rise of 0.98%.
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The world's highest-paid supermodel says her success has nothing to do with looks

"My career was never based on pretty," Gisele Bundchen recently told The New York Times.
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Warren Buffett just announced a stake in Apple

A regulatory filing out Monday from Berkshire Hathaway showed the stake totaled 9.81 million shares.
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A YouTuber made a Captain America shield that really works

It will fly back and attach to his arm.
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The short seller that helped bring down Valeant has now invested in the company

Andrew Left, noted short seller and head of Citron Research, has taken a stake in the troubled pharmaceutical company though he still has some out-of-the-money puts, a type of short position.
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China is slowing down (again) a lot faster than anyone expected

China delivered a poor batch of data in April, and that has some of the brightest minds in finance making gloomy predictions that the rebound in the world's second largest economy might be ending soon.
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I went to the biggest Wall Street party of the year and everyone was completely miserable

You know, it was almost funny. It was the biggest party on Wall Street -- a three day fete that involves heads of state, celebrities, party after party and tons and tons of casino time -- and the entire time it felt like the world was falling apart.

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