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US STOCKS-Wall St flat as stocks pause after recent rally

*Oil prices move above $50 a barrel. May 26- U.S. stocks were little changed at the open on Thursday, taking a breather from their robust two-day run, as investors keenly await a speech from Fed Chair Janet Yellen on Friday. "Markets are becoming more comfortable with a rate hike in June or July," said Peter Cardillo, chief market economist at First Standard Financial in...

Source: Reuters

Hamburger chain Wendy's says Todd Penegor is now CEO

NEW YORK— Wendy's says Todd Penegor is now CEO and president of the hamburger chain, a move that was previously announced late last year. At the time, The Wendy's Co. said Penegor would replace him. Dublin, Ohio- based Wendy's has been remodeling its stores and adding new menu items to boost its image.

Source: The Associated Press

US STOCKS-Wall St set to open higher on strong economic data

*Oil prices move above $50 a barrel. Traders are now pricing in a 32 percent chance of a rate hike in June, up from just 4 percent early last week, according to CME Group's FedWatch tool. "Markets are becoming more comfortable with a rate hike in June or July," said Peter Cardillo, chief market economist at First Standard Financial in New York.

Source: Reuters

Obama family to move two miles away from White House

President Obama and his family plan to move to a mansion in the upscale Kalorama neighborhood of Washington.

Source: CNBC.com

Obamas’ Next Home: 9 Bedrooms in a Wealthy Washington Neighborhood

The Obamas plan to move to a mansion in the upscale Kalorama neighborhood of Washington when he leaves office. The NYT reports.

Source: The New York Times

US futures higher as investors ponder Fed’s next move

U.S. stock futures were higher this morning, following the best two-day market rally since March.

Source: CNBC.com

Rabobank: Summer Fed move might be policy error

U.S. economic data have been a mixed bag so a rise in interest rates might not be best for all parts of the economy, notes Rabobank's Michael Every.

Source: CNBC.com

JPMorgan AM: Fed is in play for the summer

JPMorgan Asset Management's John Tobin says a June Fed rate hike has a 35 percent market probability while a July move is at 65 percent.

Source: CNBC.com

Cramer: Housing just made the breakout move I've been waiting for

Jim Cramer was shocked by what he heard from this company and says investors should strike while the housing iron is hot.

Source: CNBC.com

Cramer: Housing just made the breakout move I've been waiting for

Jim Cramer was shocked by what he heard from this company, and says investors should strike while the housing iron is hot.

Source: CNBC.com