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Republicans Are Slamming Obama For Proposing The Sequester — But Here's What...
Both sides of the political aisle are trading blame for a looming sequester of across-the-board spending cuts that neither side really wants anymore.House Speaker John Boehner is blasting the...
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And Now It's Time To Start Freaking Out Over Gasoline Prices Again...
Everyone's focused on the impact of the end of the payroll tax holiday (and the sequester) on consumer spending.But there's another headwind that's classically a problem: Gas prices.They're jumping...
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Manhattan Is Covered In Nearly A Foot Of Snow [PHOTOS]
Here in New York we've gotten spoiled by a mild winter without any snow. But we're learning to brace for powerful storms.Swinging into town Friday night, the blizzard known as Nemo was taken seriously...
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UPDATE: The Italian Chart That Has Europe On The Edge Of Its Seat
Everyone's talking about it: The Italian election polls.In two separate notes we're reading this weekend, analysts are putting the spotlight on the closing gap between Silvio Berlusconi's conservative...
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The Chinese Government Doesn't Want People To See These Luxury Commercials
China's TV watchdog, State Administration of Radio, Film and Television (SARFT) has ordered all radio and television channels to cut advertisements that promote corrupt "gift giving". From Xinhua:"Ads...
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If Washington DC Is Going To Destroy The Recovery, We'll Know In The Next Few...
Monthly data released last week were sparse, but included a substantial increase in December factory orders, Productivity in the 4th quarter decreased, and unit labor costs increased. Consumer credit...
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George Will Writes Terribly Ignorant Argument In Favor Balanced Budget Amendment
It sounds like the GOP is going to bring back up the idea of attaching a Balanced Budget Amendment to the constitution.In a series of tweets this morning, the National Review's star DC reporter Robert...
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ANALYST: I Just Traveled Around The World, And Almost Every Investor Has The...
These last few days notwithstanding, markets have really been on an incredible tear.So what are real investors thinking?Nomura's interest rate strategist George Goncalves has a great weekend note out...
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People Around The World Are Going All Out For Chinese New Year Celebrations...
The Chinese New Year, also referred to as the Lunar New Year, begins on February 10 and the Chinese have begun preparing for the festival at home and in Malaysia, Indonesia, Australia and India. China...
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We Can End The Controversy Over Fracking Right Now
Yoko Ono, Susan Sarandon and other celebrities recently toured a fracking site in Pennsylvania.They have been at the vanguard of an effort to keep fracking out of New York — the practice has been...
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Idiots Went Driving In The Snowstorm So The National Guard Had To Rescue Them
It's hard to imagine that a snowstorm could have been more hysterically and loudly forecasted than Nemo, but that didn't stop lots of folks in the northeast from setting out in their cars last...
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Britain's Super-Rich Just Keep Getting Richer
The super-rich – the top 1% of earners – now pocket 10p in every pound of income paid in Britain, while the poorest half of the population take home only 18p of every pound between them, according to a...
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The NYT Op-Ed About America's Genius Glut Is Ludicrous
We shouldn’t try to attract and keep more high-skill immigrants just because a group of technology companies say we should — just like we shouldn’t spend trillions on new infrastructure projects just...
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13 Charts That Are Crucial To Understanding China And The Emerging Markets
There are plenty of reasons to be nervous about adding emerging markets exposure to your investment portfolio. Many are worried that they haven't completely recovered from the global financial crisis....
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BlackRock: It's Way Too Early To Worry About Inflation
There's no shortage of people who are freaking out about inflation, thanks to the Fed's ultra-easy monetary policy.However, convincing evidence of inflation has yet to appear in the economic data.Russ...
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Republicans Can't Wait To Ask Jack Lew About All The Money He Made At Citi
WASHINGTON (Reuters) - Jack Lew, President Barack Obama's pick to be U.S. treasury secretary, is expected to come under fire for the administration's budget policies and a nearly $1 million bonus he...
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Americans Are Tapping Their Homes For Cash Again
Nearly 11 million borrowers are underwater on their mortgages, owing more than their homes are worth, according to CoreLogic, and yet home equity lines of credit are suddenly on the rise again.During...
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3 Charts Which Show Why Everyone Is Talking About The Decline Of The Yen
If you've been reading the site, or following any financial news over the last several months, you've no doubt heard a lot about the Japanese yen.It's been declining precipitously thanks to the...
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The Next Two Weeks Are Loaded With Market-Moving Geopolitical Events
Geopolitics continue to have investors worried.With that in mind here are some important geopolitical events in February you need to watch, from Nomura's Alastair Newton.February 11 - Eurogroup...
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China From Space At Night: 1992 Vs. 2010
The NOAA has a very cool film loop (via Gregor Macdonald) showing the progression of the Chinese night sky from 1992-2010.You can watch the full animation here. Below are 1992 and 2010.19922010 One...
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