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9 Inconvenient Truths About The Deficit
Ezra Klein of Wonkblog (the best digital section of the Washington Post) just sent out a bunch of tweets that might be described as "9 inconvenient truths about the deficit."Mostly, the tweets concern...
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The 'Silent Peak Oil Trade' That Could Be Setting Investors Up For A Nasty...
BofA strategist Michael Hartnett says that something he calls the "silent peak oil trade" may be setting investors up for a "big negative surprise."In a note to clients, in a reflection on "the lust...
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Global Auto Makers Report January Sales Figures (F)
In addition to the host of economic data out today in the U.S. and around the world, global auto makers are reporting January sales figures.Nissan reported January sales growth of 2 percent, below...
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DOW 14,000!
Markets are surging.The Dow has broken through 14,000 for the first time since 2007.There was a ton of bullish economic data this morning.This comes after the January jobs report, which showed...
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The 18 Biggest Mass Layoffs Of The Past Year
The January U.S. jobs report just came out, and it showed that the unemployment rate climbed to 7.9 percent and companies added just 157k jobs. Despite beginning its recovery in early 2009, the labor...
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FINANCIAL ADVISOR INSIGHTS: Buying Into Fear And Uncertainty Is A Winning...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Buying Into Fear And Uncertainty Has Proven To Be A Winning Strategy (Manning...
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Why More And More Hedge Funds Are Moving To Palm Beach
The latest buzz on Wall Street is all about the migration of hedge funds to warmer, sunnier locales — in particular, Palm Beach County in Florida. The county has created the Palm Beach County Business...
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Private Equity Giant J. Christopher Flowers Is Selling His Upper East Side...
Having recently forked out $20 million for a second floor-unit at 640 Park Avenue, billionaire private equity mogul J. Christopher Flowers may be trying to balance his books.Flowers, who founded J.C....
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A Brief History Of Holiday Hiring And Firing
The Bureau of Labor Statistics just tweeted a presentation incorporating the latest jobs data.One of the slides takes a look at retail hiring buildup ahead of the holidays and the subsequent...
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EL-ERIAN: This 'Great Rotation' Is Actually Money Falling Off Of The...
Flows into equities this month have been breaking all kinds of records, and they've spurred a lot of chatter about a "Great Rotation" out of fixed income funds and into equity funds as stocks climb...
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There's No More Pizza For Breakfast In The Bond Market
For the second straight Friday, it sure seems like no one wants to be holding Treasuries headed into the weekend.Last Friday, Treasuries went more or less straight down throughout the day. Today, after...
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ANDREESSEN HOROWITZ: Here's The Magic Formula For Building Massive Companies...
The founding partner of Silicon Valley investment firm Andreessen Horowitz, Ben Horowitz, recently gave a great presentation at the DLD conference in Munich.Ben explained how Andreessen Horowitz...
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New York Gas Bills Will Be Scratch-And-Sniff This Month
How do you raise awareness about gas leaks? Bring the smell of stray fossil fuels directly to the people.Two major New York gas utilities, New York State Electric And Gas (NYSEG) and Rochester Gas...
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REPORT: Bank Of America Is Experiencing Widespread Outages
The Bank of America has been experiencing widespread outages since around 11 am today, and customers are not happy. If you're trying to get money out of a BoFA ATM or trying to use a debit card issued...
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Half Of The Students In Harvard's Massive Cheating Scandal Have Been Forced...
We're finally hearing about the fallout from a massive cheating scandal that shook Harvard University's campus last summer, in which 125 students were investigated for plagiarism and other academic...
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DOW PASSES 14,000 AFTER TONS OF GOOD NEWS: Here's What You Need To Know (DIA,...
The Dow Jones Industrial Average closed above 14,000 for the first time since 2007. And there was no shortage of good economic news to back that up.First the scoreboard:Dow: 14,009, +149.2, +1.0...
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HOUSE OF THE DAY: Heirs To A Banking Legend Sell His Swanky Park Ave....
The heirs of the late banker Herbert Allen, Sr. have just sold his swanky, '70s-style penthouse on the Upper East Side to an undisclosed buyer for $20 million, according to The New York Daily News.The...
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CREDIT SUISSE: THE GOLD ERA IS COMING TO AN END
The anti-gold bandwagon is getting more and more crowded.Analysts Tom Kendall and Ric Deverell of Credit Suisse is out with a bombshell report this morning titled: Gold: The Beginning Of The End Of An...
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The Audi-Lexus Price Gap Has Gone Crazy In The Last 3 Month
Say you’re a Doc, working out of NYU Hospital on 1st and 34th, and on October 29 you park your car in the lot next door. Sandy rolls in, and the next morning your car is 20 feet underwater. You’ve got...
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According To ECRI's Lakshman Achuthan, We Are 8 Months Into A Recession
The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) slipped in the latest public data. It is now at 129.7 versus the previous week's upwardly revised 130.7 (previously...
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