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Katy Perry Scoops 1.5 Million For Private Gig Despite List Of Crazy Demands

Jamie Florence



Katy Perry Scoops 1.5 Million For Private Gig Despite List Of Crazy Demands


Katy Perry pocketed a cool $1.5 million for just 75 minutes work after she played a private gig despite a list of ‘diva demands’. has learned that clothing firm LuLuRoe splashed-out for the Firework performer to play for their staff at a private performance in Anaheim, California.

PHOTOS: Back Together? Katy Perry & John Mayer Enjoy Disneyland Date Night – 10 Cute Snaps

But before she took to the stage outspoken Perry, 32, had some unusual requests including:

1. Specific flowers backstage.
2. Red candy only.
3. Specific drinks for her and her entourage.
4. VIP and backstage passes only for family and friends.
5. DJ duo The Dolls had to perform as well.

Company chiefs did not bulk at her requests splashing out over $2 million for Perry and her friends to perform plus an extra $1 million to rent out Angels stadium for their concert.

The Dolls played for one hour while Katy performed for 75 minutes much to the delight of her audience.

A source revealed: “Despite the requests, Katy rocked the house and played some of her new songs and some of her older hits as well.”

Via: RadarOnline


Fed Raises Interest Rates as Focus Turns to 2018

Jamie Florence



Fed Raises Interest Rates as Focus Turns to 2018


But the Fed remains cautious about the pace of rate increases. In an updated economic forecast, Fed officials predicted that inflation would stay below the Fed’s 2 percent target next year, and then stay at 2 percent in 2019 and 2020. With inflation expected to remain under control, Fed officials continued to predict a measured march toward higher rates. They forecast the Fed’s benchmark rate would rise to 3.1 percent by the end of 2020, up slightly from the last forecast of 2.9 percent.


The economy is humming along. Employers added 228,000 jobs in November, which exceeded expectations. And households are making and spending more money

Lucas Jackson/Reuters

“We continue to think that a gradual path of rate increases remains appropriate even with almost all participants factoring in their assessment of the tax policy,” Ms. Yellen said at a news conference after the Fed’s two-day policy meeting.

Concern about the low level of inflation led two officials to vote against the rate increase: Charles L. Evans, president of the Federal Reserve Bank of Chicago, and Neel Kashkari, president of the Federal Reserve Bank of Minneapolis. In recent public remarks, both have said the Fed should wait to increase rates until there is clearer evidence that higher interest rates are needed to prevent inflation from rising too quickly.

What comes next?

With Wednesday’s rate hike a foregone conclusion — investors had put the chances at 100 percent — attention focused on what the Fed had to say about next year.

The Fed predicted in its last round of forecasts, in September, that it would raise rates three times in 2018 and twice more in 2019. Growth has since been stronger than the Fed expected, and a tax cut could shovel a little more coal into the engine, further fueling growth.

Some Wall Street firms, including Goldman Sachs, predict that the Fed will end up raising rates four times next year as a response to stronger growth. Goldman also expects the Fed will raise rates three times in 2019.

Fed officials are wary of injecting the central bank’s views into the final stages of the political debate about tax cuts.

Jerome Powell, President Trump’s nominee to succeed Ms. Yellen, said at his Senate confirmation hearing last month that the Fed did not plan to analyze the economic impact of the tax cuts until a final version of the bill was signed into law, which is expected to happen next week.

A Fed Chief’s Legacy and the Inflation Mystery

A look at recent coverage of the Federal Reserve and its leadership.

Wall Street reacts.

Ian Shepherdson, chief economist, Pantheon Macroeconomics:

The key result of the growth revision to next year is that unemployment is now expected to end the year at 3.9 percent, down from the previous 4.1 percent. This looks hopelessly unrealistic to us. The Fed appears to be assuming either a surge in productivity growth or a leap in participation; they might happen but we think a more likely end-2018 unemployment rate is 3.5 percent or less; had the Fed forecast that, they would have had to put in another rate hike in the dot-plot for next year. The inflation forecasts for 2018-20 are all unchanged from September, despite the tighter labor market. In short, the Fed forecasts an endless expansion, with minimal inflation pressure, despite unemployment well below their … estimate — unchanged at 4.6 percent — forever and interest rates peaking at 3.1 percent. We wish Jay Powell the best of luck; he’s going to need it.

Luke Bartholomew, Aberdeen Standard Investments investment strategist:

Today was never really about the hike — that’s been in the bag for a while — it’s about what the Fed does next. It’s clear that the Fed thinks it can hike three more times next year. But that’s a forecast that markets don’t yet buy, and it’s data more than rhetoric that will ultimately convince investors.

Andrew Wilson, co-head of fixed income at Goldman Sachs Asset Management:

In 2018 we think that Powell will mirror Janet Yellen’s approach in 2017 and deliver three rate rises — more than the market is currently pricing in. Market expectations for United States monetary policy are in our view too dovish, creating room for a pickup in market volatility should the current Fed trajectory for rate hikes be recalibrated higher. Investors will be watching closely to see whether the Fed will be reactive to signs of higher inflation or pause to reassess its inflation outlook.

A changing of the guard.

The Fed’s course will be charted under new leadership. Ms. Yellen is scheduled to preside at one more meeting of the monetary policy committee, in late January, before stepping down in early February, assuming Mr. Powell is confirmed.

Other senior officials also have recently departed or are planning to do so.

Stanley Fischer resigned as the Fed’s vice chairman in October. William C. Dudley, the president of the Federal Reserve Bank of New York, has said he plans to step down in mid-2018.

Replacements for Mr. Fischer and Mr. Dudley have not been announced, but Mr. Trump has already nominated a pair of new Fed governors: Randal K. Quarles, already installed as the vice chairman of supervision, and Marvin Goodfriend, who is awaiting Senate confirmation.

And three more of the seven seats on the Fed’s board remain open and ready for Mr. Trump to fill.

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Shocking Split! Halle Berry & Alex Da Kid Call It Quits

Jamie Florence



Shocking Split! Halle Berry & Alex Da Kid Call It Quits


Unlucky in love Halle Berry and Alex Da Kid have finally called it quits, just months after sources revealed to exclusively the duo were doomed from the start!

The British hip hop producer was spotted with a mystery woman at at Catch LA on December 8 and now pals close to the situation tell US Weekly Da kid, 35, and Berry, 51, have split.

While the reason behind the breakup is unknown, rumor has it the artist has seemingly moved on. “They weren’t holding hands but it looked like they were there together as a couple,” the eyewitness told the outlet of Da Kid’s encounter earlier this month with his new alleged love interest. “He pointed her to his car when they left and they stood really close to each other.”

Berry and Da Kid were first linked together when they were spotted together canoodling at Beverly Hills hot spot Il Cielo.

However, soon after the romance began, pals feared the relationship was not going to last. “She’s smitten with him,” an insider blabbed to Radar. “But friends know Halle makes such poor choices in men!”

The Oscar winner’s list of marriage losses includes her four-year union with first husband, ballplayer David Justice.

As well as another four years with singer Eric Benét and three years with actor Olivier Martinez.

And in between husbands No. 2 and No. 3 was the ill-fated liaison with model Gabriel Aubry, which resulted in a child and a long, nasty custody battle.

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Lisa Vanderpump Opens Up About Brandi Glanville For the First Time in Awhile

Rebecca Williams



Lisa Vanderpump Opens Up About Brandi Glanville For the First Time in Awhile


It’s been awhile since we have heard Lisa Vanderpump speak of her nemesis and former RHOBH co-star Brandi Glanville, but ahead of the season eight premiere, Vanderpump is sharing her thoughts about her former friend.

Lisa was asked about Brandi. “If there is any chance that you and Brandi would ever repair your guys’ relationship?” Vanderpump threw some shade at Glanville and responded with “Who? Okay, moving on.”

Vanderpump told E!, “You know the answer to that question.”

“Like you just said: there are certain people you butt heads with, there’s certain people you can have conflict with,” E!’s Catt Sadler told Lisa. “Why is she the exception?”

In Lisa’s eyes, Glanville “takes it to a whole other level and I don’t even want to kind of dignify that with an answer.”

But she joked that she “can rescue some dogs, but I can’t rescue all my friends.”

Season 8 of Real Housewives of Beverly Hills premieres December 19th at 9 PM ET on Bravo. Will you be watching?

Photo Credit: Bravo


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