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Boehner Calls On Senate To Make The Next Fiscal Cliff Move
After a conference call this afternoon, House Speaker John Boehner and other Republican leaders once again tried to put the onus on the Senate in fiscal cliff negotiations.In a joint statement, Boehner...
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GEITHNER: US Will Hit Debt Ceiling On December 31
Treasury Secretary Tim Geithner warns that the U.S. will reach the statutory debt limit on Monday, December 31, reports Bloomberg.This was communicated in a letter to Senate Majority Leader Harry...
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The 12 Chess Terms That Every Journalist Needs To Know
Here's a headline that was in USA Today a few days ago: Obama, Boehner continue stalemate on 'fiscal cliff'.Anyone who knows chess terminology knows that headline makes no sense.A "stalemate" happens...
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APPLE FALLS AGAIN: Stock Approaching New Closing Low
Apple stock got hit again today, falling 1% to $513.That's getting close to the lowest close since the stock began its recent slide in September.(It's also a level that Apple first breached on the way...
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REMINDER: Our Government Is Pathetic
For nearly two years now, the government of the United States has known that a "Fiscal Cliff" would begin squeezing the U.S. economy on January 1st, 2013, during a weak economic recovery.The government...
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FINANCIAL ADVISOR INSIGHTS: The Path Of Least Resistance For Washington Is To...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.U.S. Holiday Sales Come In Alarmingly Weak (Associated Press)U.S. holiday retail...
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Analysis Suggests Apple's iPad Is Outselling Microsoft's Surface 50-To-1
An interesting analysis by "information massage therapist" A.X. Ian suggests that Apple's iPad is outselling Microsoft's new "Surface" tablet by an astounding 50-to-1 margin.Mr. Ian analyzed tweets...
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Japan's Breathtaking Rally Continues With ANOTHER Monster Nikkei Gain
Japanese stocks are simply on a breathtaking hot streak to end the year, in part due to the expectations of ultra-aggressive monetary policy that's been causing the yen to dive.The Nikkei is up 1.3%,...
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North Korea’s Trade With China Jumped 60% In 2011
(Updates with inter-Korean trade in second paragraph.)Dec. 27 (Bloomberg) -- North Korea’s trade with China expanded more than 60 percent to $5.63 billion in 2011, as the totalitarian regime deepened...
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Markets Are Up Around The World
Markets are up across Europe, following another positive day in the Asian markets.England's FTSE 100 is up 0.1%.France's CAC 40 is up 0.6%.Germany's DAX is up 0.2%.Spain's IBEX is up 0.4%.Italy's FTSE...
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All Of The Media-Borne Excuses Are Missing What's Really Behind Weak Retail...
Retail sales, as I expected, have turned out to be much weaker than what the National Retail Federation (NRF), and other analysts, previously presumed. The excuses for the weakness, however, were just...
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Bill Ackman Vs. Herbalife Is 'The Hedge-Fund Equivalent Of Stalingrad'
A few days ago I wrote a post describing shorting multi-level marketing schemes as akin to the Battle of Stalingrad.Little did I know that Bill Ackman was shorting well over a billion dollars in...
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QUIZ: Only True Currency Gurus Can Answer These 10 Questions Correctly
In one of its final client notes of 2012, Morgan Stanley's FX team, led by Hans Redeker, put together a quiz to see who really knows their market.A few of the questions are economics-related.Other...
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HUGE COMEBACK: MARKETS GO INTO POSITIVE TERRITORY IN FINAL MINUTES OF THE DAY
UPDATE: The huge comeback continues!Markets have gone into the green after being down massively earlier in the day.The catalyst? News that Boehner would bring the House back in session Sunday, opening...
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Business Insider Is Hiring An Account Executive For Our Paid Research Service
Business Insider is looking for an entrepreneurial Account Executive who is ready and eager to join our growing Business Insider Intelligence team. The key responsibility of this sales position is to...
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JP MORGAN: Chesapeake Energy Seems To Drag Its Feet When Paying Vendors (CHK)
Earlier this year, a Reuters investigative reporting team led by Brian Grow documented alleged conflict of interest at Chesapeake Energy, the country's second-largest natural gas company. Today, Grow...
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MARKETS MAKE HUGE COMEBACK ON DAY OF TONS OF NEWS: Here's What You Need To...
There was a lot of noise today. But after spending most of the day deep in the red, stocks recovered almost all of their losses following a late headline from the House.First the scoreboard:Dow:...
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MCCONNELL: 'I'm A Little Frustrated'
Near the end of a frantic, back-and-forth day pertaining to fiscal cliff negotiations, Senate Minority Leader Mitch McConnell said on the Senate floor today that he was "a little frustrated" with the...
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In January, One American Will Be Born Every 8 Seconds, And One Will Die Every...
Here are some quick stats from the Census:Census Bureau Projects U.S. Population of 315.1 Million on New Year's DayAs our nation prepares to begin the new year, the U.S. Census Bureau today projected...
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The 'Lagarde List' Is Back, And Things Could Get Really Explosive In Greece...
Remember Greece?The infamous "Lagarde List" saga has the potential to drag it back into the spotlight tomorrow.The original list – which reportedly contains the names of around 2000 Greeks with bank...
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