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What You Need To Know About Finance In The Middle East In One Infographic
Another month, and another… infographic, it seems.This time around, it’s on everyone’s favorite topic: tax evasion.By “tax evasion,” of course, I mean “working in the finance industry in the Middle...
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EXPECT THE UNEXPECTED: 13 Events That Could Blindside Markets In 2013
Investment strategists have been busy putting together their 2013 outlooks over the past few weeks, detailing their thoughts on how the year ahead will look from a market perspective.A few, like...
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Obama Is Caving On Income Tax Rates Even As The Public Supports Him
President Barack Obama's move toward House Speaker John Boehner on tax hikes is a rather surprising concession, considering the level of public support his previous plan, even among Republicans.Two new...
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Meet The Most Spoiled Kids In The World
Most kids would be thrilled by a trip to Disney World.But for Suri Cruise a trip to the Magic Kingdom isn't complete without a night in the invitation-only suite at Cinderella's Castle.And she isn't...
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What It's Like To Play One Of Adam Lanza's Favorite Video Games
In the wake of the horrific, tragic shootings at Sandy Hook school last week, some people have suggested that our culture of super-violent video games are at least partially to blame.The Sandy Hook...
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Why The Libor Investigation Is Truly Different From Other Wall Street Scandals
Dozens of bankers will be implicated in the Libor scandal, according to the FT, ensuring that this scandal will be like any other. There won't be just one fall guy (think: Abacus/Fabrice Tourre) and...
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Street.com Execs Settle With The SEC Over Fraud Allegations
Executives at TheStreet.com allegedly committed accounting fraud and misstated operating income to investors, according to a complaint from the SEC.Gregg Alwine, David Barnett and Eric Ashman have...
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16 Holiday Gifts That Wall Streeters Will Totally Love
It hasn't exactly been the best year on Wall Street, we've seen our fair share of screw ups and scandals.Still, not everyone on the Street has been naughty this year, so they deserve something other...
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Now Here's The Irony Of Boehner's New Fiscal Cliff Plan...
Earlier Tuesday morning, House Speaker John Boehner announced a "Plan B" to avert the so-called fiscal cliff. The plan, which he intends to bring to the House floor for a vote, includes tax hikes for...
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Gary Becker: There's A Difference Between Targeting Employment And Unemployment
Since 1977, Congress has instructed the Federal Reserve to control inflation while enabling full employment.These are the Fed's two mandates.However, the Fed may have effectively created itself a third...
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Dow Up 100
Stocks have been slowly climbing higher today.The optimism seems to be fueled by the idea that fiscal cliff talks are actually making some progress.This morning, we also learned that homebuilder...
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Great News, Rich Americans, Looks Like Obama's Caving On Dividend Taxes!
Most of the attention around the tax hikes that are scheduled to hit on January 1st has been focused on income taxes.The Bush tax cuts are set to expire, and unless we get a deal on the Fiscal Cliff,...
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America's Biggest Companies Tell Us Where The World Is Heading
During the fat years, companies tend to guide optimistically. And during the lean years, management tends to be cautious.But lately, uncertainty has been dominating the economy as the U.S. wrestles...
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Actually, Boehner And Obama Are Closer To A Fiscal Cliff Deal Than You Think
We’ve come a long way since the GOP primary, when all of the Republicans vying for the presidency pledged to reject any deficit plan that included higher taxes, even if the revenues were outstripped 10...
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KEN LANGONE: High Frequency Trading Has No Effect On Long-Term Investors
Billionaire financier Ken Langone, the former director of the NYSE and financial backer of the Home Depot, co-hosted CNBC's "Closing Bell" with Maria Bartiromo yesterday. During the hour-long guest...
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Morgan Stanley Allegedly Used This Weird Trick To Dodge Rules On Facebook IPO
Morgan Stanley used a really strange method for allegedly trying to skirt the SEC's rules when it was handling the Facebook IPO.The bank is accused of providing revenue estimates to stock analysts that...
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CHART OF THE DAY: Rare Events Happen All The Time In The Financial Markets
Just because events are unlikely to happen doesn't mean they won't happen.That's the message of Deutsche Bank's special report "13 Outliers For 2013."When thinking about the year ahead, it is tempting...
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There Are 15,000 More Gun Stores In America Than Grocery Stores
In case you are worried that guns haven't sufficiently permeated American culture, here are some startling facts compiled by Jack Date, Pierre Thomas and Jason Ryan of ABC News.There are ~14,869 more...
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David Einhorn Nails It Again! (GM)
Hedge fund hot-shot David Einhorn, the founder of Greenlight Capital, has nailed it again.This time it's with General Motors. Shares of GM were last trading up more than 7% following news that the car...
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The Market Sea-Change That's Crushing Gold Investors
One of the biggest stories in markets right now is the weakness in gold, which got crushed yesterday, and which has been weak in spite of new heights in central bank easing.You can see how bad things...
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