DON'T MISS: Top 10 Most Viral Economics News Worldwide
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June, 11, 2014 from Reuters: Economic NewsNEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as both purchase and refinancing applications jumped, an industry group said on Wednesday.
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June, 11, 2014 from Reuters: Economic NewsBEIJING (Reuters) - China's central bank said on Wednesday it will keep monetary policy steady in 2014, even as the finance ministry said fiscal spending had surged nearly 25 percent in May from a...
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June, 11, 2014 from Moneycontrol Top HeadlinesIndian cities have scored in the range of 2.5 to 4.0 on 10 as against the global benchmarks of London and New York which have scored 9.6 and 9.3 respectively.
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June, 11, 2014 from Moneycontrol Top HeadlinesIndia had 175,000 millionaire households in 2013, according to a report.
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June, 10, 2014 from NYT > EconomyA surge in lending to Chinese companies is leading Hong Kong regulators to impose strict financial rules four years before they are required under new global standards.
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June, 10, 2014 from CNNMoney.com - Economy NewsIn Beijing, the phrase "Chinese Dream" is everywhere. But what does it mean?
- . #CantorsNewJob . . #CantorsNewJob
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June, 10, 2014 from CNNMoney.com - Economy NewsChinese President Xi Jinping says the Chinese Dream is about the "great rejuvenation of the Chinese nation." Here's what it means to six Beijing residents.
- While The Tea Party had been relatively aggressive in the race, it is still quite shocking to the establishment that the second-highest House Republican just got unseated (despite outspending Brat by a ratio of 20-to-1) by a local tea-pa...
- Following Eric Cantor's historic primary loss from a tea party challenger nobody expected to win, the real biggest losers are listed below. Courtesy of OpenSecrets, here are the Top 20 2014 Donors by company : And for Cantor's ent...
- As student loan bailouts rain down from Washington, we thought it may be useful to consider where the world's wealthiest University alumni are. As Private Wealth reports , following a survey of 70,000 millionaires around the world, e...
- Submitted by David Stockman of Contra Corner blog , Financially speaking, Japan is fast becoming a Keynesian dystopia. Its entire economy is now hostage to a fiscal time bomb. Namely, government debt which already exceeds 240% of GDP and...
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June, 10, 2014 from Reuters: Economic NewsTOKYO (Reuters) - Big Japanese manufacturers turned pessimistic about business conditions in April-June but expect things to improve in July-September in a sign that companies see a quick recovery...
- Across the world, the number of people who say the economic situation in their country is "bad" is climbing - despite the much-vaunted recovery we all keep hearing about from politicians . It seems though, as Gran...
- Following the news of Carl Icahn's stake in Family Dollar ( NYSE: FDO ), it would be worth wild to consider the value added to retailers that have activist investors. The case has been for the surge in Merger & Acquisition acti...
- Submitted by Michael Snyder of The Economic Collapse blog, Why have we turned our backs on the principles that this nation was founded upon? Many of those that founded this nation bled and died so that we could experience "lif...
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June, 10, 2014 from NYT > EconomyA program for teenage boys in Chicago makes a contribution to the battle against entrenched income inequality.
- Just when one thought US foreign policy couldn't sink any deeper into the hole of its embarrassment, it takes out a shovel and starts digging. Overnight, in what AP describes as a stunning assault that exposed Iraq's eroding central auth...
- The recent decline in US yields appears to have run its course and given Citi's outlook for a better employment dynamic in the US, they expect yields to trend higher at this point . Citi's FX Technicals group remain of the bias that the ...
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June, 10, 2014 from NYT > EconomyVast numbers of mainland Chinese traders and shoppers are pumping money into Hong Kong, leading to rapid development of the territory’s border area.
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June, 10, 2014 from Reuters: Economic NewsWASHINGTON (Reuters) - The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened...
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June, 10, 2014 from NYT > EconomyThe World Bank now anticipates global growth of just 2.8 percent in 2014, down from its January estimate of a 3.2 percent expansion.
- Day in, day out, we hear it... It's "the most unloved rally"; Stocks are in "the Rodney Dangerfield rally"; there's still all the "money on the sidelines." Well, it seems, judging by Investors Intell...
- By: Chris Tell at: http://capitalistexploits.at/ Mark, have you LOST your mind? 500 Startups rocks! They help a ton of young companies get over the hurdle and launch to greatness. Dave McClure is a renaissance man, a hero, an...
- While the endless propaganda regurgitated from every media outlet will have the average American believe (inbetween trips to collect and cash unemployment checks) that in the first quarter the economy crashed due to weather, or that mill...
- Submitted by Adam Taggart via Peak Prosperity , Last Thursday, the European Central Bank (ECB) took the historically unprecedented step of lowering certain of its interest rates below 0%. In a report to our premium subscribers immediatel...
- Brazil wins the world cup... according to Bloomberg, 171 economists, and Goldman Sachs. They beat Spain, Germany, or Argentina in the final respectively but as one survey participant noted, "It’s kind of hard to bet against Br...
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June, 10, 2014 from NYT > EconomyA small-business group reported greater optimism among its members, job openings rose and wholesale inventories were up.
- Submitted by Keith Hilden via Squawkonomics , In our latest Squawkonomics interview with Marc Faber, we were told a story of a petulant and wincing state carrying a heavy burden and unwilling to release its full spectrum dominance view o...
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June, 10, 2014 from NPR Topics: EconomyBanks lend our money out, and that money can be lost if the bank collapses. One radical solution to this problem is to get rid of the banks. Peer-to-peer lending outfits offer a preview of what a world might look like without banks. The ...
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June, 10, 2014 from Reuters: Economic NewsWASHINGTON (Reuters) - U.S. farmers are in an uproar over signs Japan will maintain some barriers to agricultural exports under a Pacific trade pact, which threatens to unravel a deal that is central...
- It's that time in the quarter when DoubleLine's Jeff Gundlach spends over an hour discussing the markets, the economy, and his outlook for what he believes may be the best investment strategies and sector allocations for both his funds a...
- "Treasury-selling" Tuesday came and went and for the 2nd week in a row, bond yields rose (+2-3bps) following the 7th losing Monday in a row. Equity markets languished amid dismal volumes but were rangebound all day apart form A...
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June, 10, 2014 from Reuters: Economic NewsWASHINGTON (Reuters) - A rising stock market will cause most U.S. public pensions to achieve healthy funding levels this year, even as they adapt to an overhaul on accounting for investments,...
- Thanks to free and abundant credit to those at the front of the line, home prices have soared in the last few years as "smart" hedge fund managers have bought homes-to-rent in a yield-grab with both hands and feet. This - as we have note...
- Employment in the United States is becoming increasingly polarized, growing ever more concentrated in the highest- and lowest-paying occupations and creating growing income inequality. As the Dallas Fed explains, market changes involving...
- Employment in the United States is becoming increasingly polarized, growing ever more concentrated in the highest- and lowest-paying occupations and creating growing income inequality. As the Dallas Fed explains, market changes involving...
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June, 10, 2014 from Reuters: Economic NewsWASHINGTON (Reuters) - U.S. small business sentiment hit its highest level in more than 6-1/2 years in May, in the latest sign economic growth has shifted into higher gear.
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June, 10, 2014 from Reuters: Economic News(Reuters) - The U.S. Treasury on Tuesday proposed expanding rules that require the reporting of large positions in U.S. government debt to include positions held by foreign central banks and...
- For the first time since early 2010, the risk of European investment grade credit is lower than that of the US. As BofA notes, recall that the European sovereign crisis escalated in the first part of 2010, as Greece had to be bailed out ...
- When one thinks of millionaires and billionaires, the countries USA, China and UK usually come to mind. And while in terms of absolute numbers of millionaires and ultra high net worth individuals (those with more than $100 million in ass...
- Submitted by Mike Krieger of Liberty Blitzkrieg blog , Today, I want to highlight two interrelated and significant developments in the world of AI, or Artificial Intelligence. The first has to do with a computer program called “Eugene Go...
- Remember how small Greece was and how it wasn't relevant to US stocks... until suddenly it got close to breaking up the EU and the world's markets slumped. Remember how small subprime was? Remember how Lehman was not a 'big&#...
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June, 10, 2014 from NYT > EconomyWild swings in the market have become uncommon, signalling there is less fear among investors. That should be good. Unless it’s not.
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June, 10, 2014 from Reuters: Economic NewsWASHINGTON (Reuters) - The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/2 years in May and the number of jobs available...
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June, 10, 2014 from Reuters: Economic NewsBANGALORE (Reuters) - Demand for the European Central Bank's newly announced long-term loans will be strong, traders polled by Reuters said, but they will do little to boost interbank lending.
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June, 10, 2014 from Reuters: Economic NewsPARIS (Reuters) - Francois Hollande has chosen a senior economist at a U.S. bank as his new top economic advisor, an official in the French president's office said on Tuesday, as France tries to...
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June, 10, 2014 from CNNMoney.com - Economy NewsRead full story for latest details.
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June, 10, 2014 from CNNMoney.com - Economy NewsNew Jersey crash occurs less than a day after Senate committee votes to suspend some rest requirements.
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June, 10, 2014 from Reuters: Economic NewsFRANKFURT (Reuters) - German Finance Minister Wolfgang Schaeuble said on Tuesday he believed Luxembourg's Jean-Claude Juncker would become the next president of the European Commission, despite...
