U.S. November retail sales played a role in boosting the economy
Written by Alex Carrick |
  
 Media hype concerning records set by retailers on Black Friday and Cyber Monday may have led to unrealistic expectations of how strong the November retail sales report from the Census Bureau would be.
The total dollar volume pulled ahead 0.2% month to month, which was … Add new comment
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Inflation Doesn’t Just Happen
Written by Claus Vogt |
 First of all, inflation is man-made. It is the wealth-destroying outcome of reckless monetary and fiscal policies.
For instance …
From 1949 to 1969, when the Bretton Woods monetary system was working properly, official foreign exchange reserves increased 55 percent globall…Japan: The Sleeping Sovereign Debt Giant
Written by Bryan Rich |
 (May 2010) Over the course of this year in my Money and Markets columns I've presented some compelling reasons why the euro zone and the euro were in for a life threatening crisis. And despite the general consensus along the way that the problems in Greece were contained …China–ASEAN Free Trade Area
Written by Editorial Team |
 The ASEAN–China Free Trade Area (ACFTA), also known as the China–ASEAN Free Trade Area is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China. The initial framework agreement was signed … |
Sticking Out the Neck
Written by Jeff Stimpson |
 “Never volunteer!” is the old army adage. “Volunteering looks great on the resume!” is the old job-hunter’s adage.
I was never in the army and never will be, now, as I’m 48. I am, however, coming into my 19th month of unemployment and I have a son with autism, so I thoug…Can I borrow someone’s dollar stretcher?
Written by Bryan Lawson |
 Does anyone have a dollar stretcher I could borrow or could I pick from your money tree? Isn’t this something that most of us are wishing for right now. Unemployment rates are at an all time high and it seems that cutbacks and instability are have become a permanent part of … |
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With sparse data, focus returns to Europe
(Reuters)
Reuters - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
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France says Greek PSI talks going "relatively well"
(Reuters)
Reuters - France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its debt down to 120 pct of GDP level by 2020 were difficult.
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Obama presses Congress to pass aid to homeowners
(Reuters)
Reuters - President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.
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Dealer group sees higher US auto sales and prices
(AP)
AP - Car buyers will likely pay more for new and used cars this year as the economy improves.
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Hiring surges in January; jobless rate at 8.3 pct.
(AP)
AP - In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.
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