A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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CNBC.comDudley Tells CNBC He Doesn't See Need for More Easing NowBloombergWilliam C. Dudley, president of the Federal Reserve Bank of New York, said he doesn't currently see the need for additional action to ease policy. “My view is that, if ...
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Tiffany 1Q Net Edges Up But Americas Sales Disappoint; Cuts ViewWall Street JournalTiffany & Co.'s (TIF) fiscal first-quarter earnings edged up 0.6% from a prior-year period weighed down by charges as the jewelry retailer reported a weaker-than...
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msnbc.comSo much for 'the Spanish dream': Euro crisis turns suburbs into ghost townsmsnbc.comToday, it is one of 12 near ghost towns in Spain, a country that -- despite being the European Union's fifth-largest economy -- is teetering on the...
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Business InsiderChinese Manufacturing FallsWall Street JournalBEIJING—The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, fell to 48.7 in May compared with a final reading of 49.3 in April...
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Fed near limit on scope to help jobs: KocherlakotaReuters| RAPID CITY, South Dakota (Reuters) - A rise in inflation over the past year suggests the Federal Reserve has little firepower left to boost employment, a top Fed official said on Wednesday. Une...
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CBS MoneywatchSkepticism over EU breakthrough hits marketsThe Associated PressBy PAN PYLAS, AP Business Writer – 1 minute ago LONDON (AP) — Skepticism over the ability of European Union leaders to cobble together a plan to kick-start the region'...
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Skepticism over EU breakthrough hits marketsFox NewsLONDON – Skepticism that European Union leaders will be able to cobble together a plan to kick-start the region's faltering economy and deal with its crippling debt crisis hit stock markets hard...
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The GuardianBOE Voted 8-1 on U.K. Stimulus in 'Finely Balanced' DecisionBloombergBank of England policy maker David Miles maintained a lone push for more stimulus for the economy this month as several officials said their decision not to join h...
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WTAE PittsburghTREASURIES-US bonds steady on Europe fears, US dataReuters| TOKYO May 18 (Reuters) - US Treasuries were steady in Asia on Friday, well-supported by fears about Greece and Spain as well as growing doubts about the strength of the US econo...
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BloombergMoody's downgrades 16 Spanish banksReutersNEW YORK May 17 (Reuters) - Moody's Investor Service carried out a sweeping downgrade of 16 Spanish banks on Thursday, including Banco Santander, the euro zone's largest bank, citing a weak...
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(via AFP) US Treasury Secretary Timothy Geithner hit out at advocates of austerity treatment for the US economy, paralleling the attacks on the severe spending cuts that are pushing Europe’s growth lower. In a speech in Baltimore on the eve on G-8 talks in the United States, Geithner warned that the country…
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(via AFP) Singapore on Thursday stuck to its economic growth projections of 1.0-3.0 percent for 2012 but warned there was a chance of a “disorderly sovereign debt default” in the eurozone that could hit exports. The Ministry of Trade and Industry also said weakness in the US economy was another concern for Asia…
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Cardiff Garcia covered the main issues: Yes, of course, there was a lot of stuff in the minutes about recent trends in the economy and the looming fiscal cliff and inflation forecasts and so on. The word “uncertainty” was used an awful lot with respect to the various forecasts in the SEP. But we...
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Members of the Federal Open Market Committee said at its latest meeting the U.S. remained on a path of moderate economic growth, though members seemed more willing to introduce another round of easing if the economy sputters. Minutes released Wednesday from the April 24-25 meeting signaled a committee mostly positive about the U.S. economy....
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Moneycontrol.comUS STOCKS-Wall St falls on euro zone concernsReuters* Trading volatile after news on Greek banks, ECB * Fed minutes leave open stimulus possibility * US housing, production data point to recovering economy * Dow up 0.03 pct, S&P off...
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Business InsiderSeveral on FOMC Said Easing May Be Needed on FalteringBloombergSeveral Federal Reserve policy makers said a loss of momentum in growth or increased risks to their economic outlook could warrant additional action to keep the recovery on ...
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When Wisconsin job numbers compiled by the U.S. government were on the upswing last year, Governor Scott Walker traveled to Milwaukee to tout them as proof that he was turning around the state’s economy. Now that the Bureau of Labor Statistics figures have shown for months that the state is losing more jobs than...
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For hedge funds that could smell blood in the water, it seemed to be an opportunity to take on JPMorgan Chase and win. It was, in fact, such a sweet trade that even another part of the bank couldn’t pass it up. Even as a trader for JPMorgan in London was selling piles of...
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The headline number for retail sales today was an increase of 0.1% month to month, seasonally adjusted, which exactly met the conomic consensual sextimate of 0.1%. Here’s how Bloomberg put it. U.S. Retail Sales Cool After Warm-Weather Spree: Economy Retail sales rose in April at the slowest pace of the year as Americans took...
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Telegraph.co.ukInstant View: German prelim first-quarter GDP unexpectedly strongReuters| BERLIN (Reuters) - German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms - well ahead of a consensus forecast...
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BloombergAsian Stocks, Oil, Euro Fall on Europe DebtBloombergAsian stocks, oil and copper fell, while bond risk climbed after Pacific Investment Management Co. said China faces slower growth ahead of a report that may show Europe's economy shrank f...
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USA TODAYOil Falls for Third Day as U.S. Stockpiles Seen Rising in SurveyBloombergOil fell from the lowest settlement in almost five months in New York before reports that may show US crude stockpiles rose to the highest level in 21 years and Europe...
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When Newt Gingrich released a 28-minute film painting Mitt Romney as a corporate raider who profited from struggling companies, the Romney campaign said it expected that type of criticism not from Republicans, but from President Obama. That criticism has arrived. The Obama campaign opened a new line of attack today with a website aimed at undermining Romney’s claims...
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New York TimesRomney Vowing Dodd-Frank Repeal Hits JPMorgan Risky TradesSan Francisco Chronicle(Updates with Carney comment beginning in seventh paragraph. For more on the campaign, see ELECT .) May 14 (Bloomberg) -- Mitt Romney says he wants to talk a...
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India inflation posts surprise 7.23 percent jump (via AFP) India’s inflation unexpectedly accelerated in April to over seven percent as food bills soared, data showed on Monday, diminishing chances of swift interest rate cuts to boost a stumbling economy. The closely watched Wholesale Price Index rose to 7.23 percent in April from the same...
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Moneycontrol.comApril jobs report suggests slowing economy; unemployment drops to 8.1 percentFresno BeeBy KEVIN G. HALL - McClatchy Newspapers WASHINGTON -- Employers added an anemic 115000 jobs in April as a shrinking workforce shaved the unemployment...
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