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ANOTHER MISS: March Housing Starts Badly Miss Expectations At 654K
UPDATE: The string of mediocre housing numbers continues. Today it's housing starts, which fell to 654K. That's well below expectations of 705K, and down heavily from last month's downwardly revised...
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President Obama Has A Plan To Tackle Oil Market Manipulation
President Obama is expected to announce a plan to tackle oil market manipulation today. Obama will make a statement in the White House Rose Garden about the issue at 11 a.m. EDT. The president has been...
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Here's Who Owns Apple's Stock (AAPL)
Interesting tid bits on who owns Apple's stock from hedge fund manager Eric Jackson on Twitter (note that these data are 4 months old.): Hedge Fund Manager ownership of tech equities as of yesterday...
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Richard Koo's Radical Proposal To Save Spain
Richard Koo is the foremost advocate of the idea that the world's developed economies are in "balance sheet recessions" where the private sector is foremost concerned with trying to pay down excessive...
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JIM O'NEILL: Eurozone Needs More Say In The IMF
In a Financial Times column published today, Goldman Sachs Chairman Asset Management Chairman Jim O'Neill argues that Europe—and not Europeans—needs a stronger voice at the international Monetary Fund....
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ATTENTION WALL STREETERS: New York Jets Player D'Brickshaw Ferguson Wants To...
New York Jets offensive tackle D'Brickshaw Ferguson will be on Wall Street today to raise money for the Memorial Sloan-Kettering Cancer Center and he wants bankers in attendance, according to...
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ON THE BLOCK: 4 Of 7 Major Ad Agency Networks Are Now Acquisition Targets...
The Q1 2012 earnings season begins with a majority of the big ad agency holding companies as potential acquisition targets—and the three biggest networks enjoying the plight of their smaller brethren....
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IMF Raises Global Growth Forecast From 3.3% To 3.5%
The IMF just raised its global growth forecast in its newest annual report, seeing improvements in the global economy although that remain "very fragile." Some of the most important details from the...
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HUGE MISS: Industrial Production Flat In March
UPDATE: Industrial production remained unchanged for the second consecutive month as weakness in construction weighed on the U.S. economy, new data out of the Federal Reserve shows. The total...
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Sex Scandal Rocks New York's Most Expensive High School
A math teacher at one of NYC's most prestigious and expensive schools was charged with having an affair with a 16-year-old student. The New York Post reports that 30-year-old Richard Hovan, an...
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APPLE IS FALLING AGAIN
The Dow is up over 110. The S&P 500 is up nearly 1%. And the NASDAQ is up. And yet... Apple is down again. It's not huge, but 0.5% down after a 5-day selloff when the market is surging is notable....
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Meet The Women Of Bloomberg TV
You may remember that we've introduced you to all the women of Bloomberg before. But since then, the network has brought in some new faces and said goodbye to some more familiar ones. No worries...
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John Paulson Unveils A Surprising New Bet On Europe's Collapse
It was reported last night by various news outlets that star hedge fund manager John Paulson was now shorting European bonds. Okay, that's not a huge surprise. Lots of folks are betting against Europe....
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CHART OF THE DAY: The Run On Spain
Despite a successful debt auction today, many more economists agree that Spain will now need some kind of bank bailout, definitely from the government and probably from outside organizations like the...
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Jeff Gundlach Reveals A New Favorite Investment Idea: 'It's Like Investing In...
Wow! On his call just now, Jeff Gundlach just unveiled his favorite investment idea: Buying up natural gas assets. This is incredibly contrarian, because it just keeps getting creamed, plunging to all...
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WARREN BUFFETT DIAGNOSED WITH STAGE 1 PROSTATE CANCER
Berkshire Hathaway says Warren Buffett has been diagnosed with stage 1 prostate cancer. The good news: He says the diagnosis isn't "remotely life threatening." The fact is is that he's clearly caught...
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Here's The Good News About Warren Buffett's Stage 1 Prostate Cancer Diagnosis
Berkshire Hathaway's CEO Warren Buffett announced today that he had been diagnosed with stage 1 prostate cancer. Buffett, 81, was upbeat about his diagnosis in his letter to shareholders saying it...
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Jeff Gundlach's Complete Outlook For Financial Assets In One Tiny Tri-Color...
Jeff Gundlach of DoubleLine Funds just wrapped up his call and presentation titled "To QE3 Or Not To QE3." Here's a slide that summarizes his outlook for every financial asset class out there....
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Get Ready For 10 Years Of Low Returns
Ten more years of low returns in the stock market. If you are one of the millions of baby boomers headed into retirement - start saving more and spending less because the stock market won't bail you...
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Here Are The Key Market Moving Events For Wednesday, April 18, 2012 (HAL,...
Earnings season continues its rapid fire pace in the U.S., with markets firmly focused on results out of American Express, BlackRock, eBay, Halliburton, and Yum Brands. There is little macro data set...
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