Economy
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No one hears much about the Bank for International Settlements but It deals with central banks worldwide and probably has…
If the stock market crashes, it could bite a number of parts of the economy, and bite them hard. There…
Today we saw the FOMC decision on rates, but the focus was more on the statements and wording than the…
Now that Alan Greenspan has returned from his book tour, he spends his days at the race track. His family…
The market took the UPS (UPS) news hard. High fuel prices and slowing customer demand made the company cut its…
The Fed could raise rates to make the consumer feel better. Lowering rates has not helped him. As the agency…
"We have nothing to fear but fear itself."–FDR The Fed can now fear inflation or it can fear a worsening…
Late news from the bank and airline industries found analysts in surly moods. Goldman Sachs issued a report saying US…
In the UK, inflation was up enough in May to put the annual run-rate at 3.3% The Bank of England…
US home foreclosures moved up 49% in May, compared with the same month a year ago. Figures from RealtyTrac show…
The Small Business Administration’s most popular small-business loan is down 19 percent nationally in volume from the same time a…
Alan Greenspan has frightened away the specter of economic "bubbles." He spoke and the economy must obey. According to Reuters,…
According to chaos theory systems that exhibit mathematical chaos are deterministic and are therefore orderly in some sense. Interest rates…
Wall St. could read the headlines one-by-one or taken together. Together, it was not a terribly good day. Consumer confidence…
Small businesses think the economy is falling apart with little light at the end of the tunnel. The Discover’s Small…
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