Economy
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The minutes of the FOMC on August 11th and 12th were released today. The Fed did everything it could just…
The August manufacturing data from the Institute for Supply Management is actually positive and above that 50.0 threshold for growth…
The reading for Chicago Purchasing Managers for August is now back in positive territory. The adjusted August figure is 50.0…
UK investment banks are preparing to pay many of their big earners at the beginning of 2010 to avoid an…
The number of reasons for President Obama to reappoint Ben Bernanke as Fed chairman greatly outnumber the reasons for letting…
The millions of Americans who get social security will not see their payments rise next year and probably not the…
The Administration quickly and fairly quietly raised its budget deficit forecast for the next ten years to $9 trillion from…
Warren Buffett wrote an op ed piece for The New York Times. One part of the article was predictable. Buffett…
Inflation is taking a ride in the backseat, again. The Labor Department said that July’s wholesale inflation measured by Producer…
More and more economists talk about a “V”-shaped recovery. The recession has been so bad, their theory goes, that there…
“Do not go gentle into that good night.” –Dylan Thomas The recession, which was supposed to be ending, is hanging…
The Small Business Administration runs a stimulus program for the government that provides up to $225 million for modest American…
The announcement from the FOMC on the decision on interest rates is out. As most suspected, it was not the…
It may be that some people just want to spoil a good time. As earnings, GDP, employment, and housing sales…
American GDP growth was much better than expected in the second quarter of the year, falling only 1%. Unemployment statistics…
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