10 Updates

SCOREBOARD: QE frenzy

Source: Business Spectator , Dec 12 2012, 3:01pm CST

I thought they might wait, but I thought wrong. It’s not such a big deal though, I mean they were always going to print and last night, the Fed opted to starting printing another $45 billion per month (after operation twist en ...

Continue reading on: Business Spectator

 
 
Update
10

44 minutes ago

Labor participation may stay low

Source: The Fort Wayne Journal Gazette  |   May 20 2013, 2:30am CDT

SAN FRANCISCO – Workers who have dropped out of the labor force may take a few years to begin searching for work, Federal Reserve economists say in a paper offering insights into the health of a labor market thats key to central bank policy ...

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Update
9

1 hour ago

Asian stock markets rise after US leading economic indicator improves for April

Source: Winnipeg Free Press  |   May 20 2013, 2:11am CDT

BANGKOK - Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world's biggest economy is improving. Consu ...

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Latest Business News

 
Update
8

1 hour ago

Empty shops on battered High Street at record high as consumers tighten their belts

Source: Daily Mail - UK  |   May 20 2013, 1:29am CDT

Britain's beleaguered High Street continues to see the number of vacant shops increase thanks to recent failures including Comet and Jessops. The percentage of empty shops was 11.9 per cent in April, up from 10. ...

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Update
7

1 hour ago

High Inflation a 'Permanent Fixture' in the UK

Source: CNBC  |   May 20 2013, 1:24am CDT

Inflation in Britain will peak over the summer and remain well above 2 percent – the target set by the U.K's Chancellor – for the foreseeable future, Ernst ...

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Update
6

2 hours ago

European Stocks Seen Higher On Economic Optimism

Source: RTTNews  |   May 20 2013, 1:05am CDT

European stocks are seen opening higher on Monday after improving consumer sentiment data helped to assure investors of the recovery in the world's largest economy. Following the slew of economic data released o ...

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Update
5

4 hours ago

In survey, economists says consumers poised to boost spending, offset government cuts

Source: Winnipeg Free Press  |   May 19 2013, 11:06pm CDT

WASHINGTON - Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 p ...

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Update
4

5 hours ago

Jobless rate predicted to head south

Source: Newstalk ZB  |   May 19 2013, 10:01pm CDT

Official forecasts have the unemployment rate dropping to just over five per cent over the next four years. That is the finding in Treasury forecasts published in last week's Budget. Latest figures have the unempl ...

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Update
3

8 hours ago

High inflation is 'here to stay'

Source: Liverpool Daily Post  |   May 19 2013, 7:05pm CDT

Households are facing a continued squeeze on their spending power after a leading forecaster warned that high inflation was here to stay. The Ernst ...

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Update
2

8 hours ago

Britain faces years of high inflation

Source: The Independent  |   May 19 2013, 6:33pm CDT

Britons should be braced for years of high inflation as the cost of living soars stubbornly ahead of wages, a leading economic forecaster warned today. The Ernst ...

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Update
1

10 hours ago

Minimum Wage

Source: Term Paper Warehouse   |   May 19 2013, 4:57pm CDT

A bid to raise the country's minimum wage has failed. A Private Member's Bill from Labour MP David Clark was defeated 61 votes to 59 at its first reading in Parliament last night. This decision has some reasonable arguments. As we know ...

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