Why I dread Chinese New Year

Kids see Chinese New Year through rose-tinted glasses.STORY HIGHLIGHTSZoe Li: As an adult, Chinese New Year is an annual nightmareIt's a time when relatives have the right to be judgmentalSuperstitious Chinese New Year foods often aren't that tasty(CNN) -- For me, Chinese New Year used to be fun.When I was a kid, I was excited during Chinese New Year when I got lai see and I could stay up late. I...

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World stocks rise as China posts big trade jump

BANGKOK (AP) — World stock markets were mostly higher Friday, boosted by better-than-expected trade data from China that provided new evidence of an upswing in the world’s second-largest economy.Exports rose 25 percent in January from a year earlier, the government reported, while imports soared 28 percent. A large part of the increase was due to companies rushing to fill orders before shutting down...

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Mom, I bought a car. Can you pay for it?

Dear Driving for Dollars,My 18-year-old son, a college freshman, recently purchased a car. It was quite spontaneous, and neither I nor his dad knew he was doing it. It’s been a few weeks, and he realizes now that he cannot afford to make the payments. We cannot afford to make the payments for him. How can he get rid of this car?– LaurieDear Laurie,It sounds like he purchased the car entirely on his...

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Euro near two-week low, shares up on rekindled rate cut hopes

LONDON (Reuters) - The euro hovered near a two-week low and European shares rose on Friday after the European Central Bank rekindled expectations that it could again take the knife to interest rates. Strong Chinese trade data also helped lift optimism about global growth prospects, boosting oil, copper and Asian shares, although investors booking profits before next week's Chinese new...

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Signing Day: Ole Miss muscles in on power programs

Alabama. Ohio State. Michigan. Florida. Notre Dame. Mississippi?Ole Miss muscled in on the powerhouses that usually dominate national signing day, landing some of the most sought-after prospects in the country on college football's annual first-Wednesday-in-February frenzy.The Rebels, coming off a promising 7-6 season in their first season under coach Hugh Freeze, had the experts swooning by signing...

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Bring drones out of the shadows

STORY HIGHLIGHTSJohn Brennan's confirmation hearing is a chance to ask about drone program, author saysSarah Holewinski: Brennan is one of a few officials who knows full story on dronesShe says senators need to ask about damage drone program does to civilians, U.S. reputationHolewinski: CIA should hand over drone program to Defense DepartmentEditor's note: Sarah Holewinski is executive director of...

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Weaker yen helps keep Sony on course for profit target

TOKYO (Reuters) – Sony Corp stuck with its full-year profit forecast as a weaker yen and asset sales underpinned earnings, offsetting weaker demand for its televisions, game consoles and other devices.Sony, which is doubling down on consumer electronics in a bid to revive the company, joined domestic rivals Sharp and Panasonic in reporting a quarterly operating profit, although analysts are skeptical...

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Stock index futures signal mixed open

PARIS (Reuters) - Stock index futures pointed to a mixed open on Wall Street on Thursday. Futures for the S&P 500 were down 0.05 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures up 0.05 percent at 0933 GMT. European shares steadied on Thursday as investors awaited the European Central Bank's policy meeting later in the day and President Mario Draghi's views on the...

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Braun says he used Fla clinic owner as consultant

NEW YORK (AP) — Milwaukee Brewers slugger Ryan Braun said the person who ran the Florida clinic being investigated by Major League Baseball was used only as a consultant on his drug suspension appeal last year."I have nothing to hide," Braun said in a statement released by his representatives on Tuesday night.Earlier in the day, Yahoo Sports reported the 2011 NL MVP's name showed up three times in...

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What follows N. Korea's nuclear test?

STORY HIGHLIGHTSLopez: Uranium-based blast would pose new challenge to U.N. Security CouncilIndicates Pyongyang has advanced centrifuge technologies and related systemsNorth Korea's young leader appears to care little about what U.N. or China thinkProduct-based sanctions may stifle the North's ability to continue nuclear programEditor's note: George A. Lopez holds the Hesburgh Chair in Peace Studies...

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