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The champagne corks are surely ready to pop on Wall Street, and the nation’s business editors are surely trying to decide whether their headlines should be in 36-point or 42-point type, as the Dow Jones Industrial Average has closed above … Continue reading
The next battle over the debt limit appears to be farther away than many expect – and perhaps not until well into autumn. Higher tax revenues, less spending and a potential massive inflow of money from the recovery of the … Continue reading
Throughout the late 19th century, the political economist Henry George argued that a main reason there was so much poverty amidst prosperity was the large presence of people collecting unearned income, or what he called “rents”. His particular focus was … Continue reading
Throughout the late 19th century, the political economist Henry George argued that a main reason there was so much poverty amidst prosperity was the large presence of people collecting unearned income, or what he called “rents”. His particular focus was … Continue reading
Consumers have been paying down debt, but walking away from more.
KANSAS CITY, Mo (Reuters) – Kansas City Chiefs’ linebacker Jovan Belcher told a woman friend he was so frustrated with his girlfriend Kasandra Perkins, that he might shoot her, which he did in a murder-suicide on December 1, according to … Continue reading
Over the past year, the U.S. unemployment rate has fallen rapidly, from 8.7 percent last November to 7.7 percent today. But a new paper from the Federal Reserve Bank of San Francisco suggests that this decline could soon stall out. … Continue reading
BEIRUT (Reuters) – Syrian rebels are gaining ground and might win, Russia’s deputy foreign minister said on Thursday, in the starkest such admission from a major ally of President Bashar al-Assad.
BEIRUT (Reuters) – Syrian rebels are gaining ground and might win, Russia’s deputy foreign minister said on Thursday, in the starkest such admission from a major ally of President Bashar al-Assad.
NEW YORK/WASHINGTON (Reuters) – HSBC Holdings Plc might pay a fine of $ 1.8 billion as part of a settlement with U.S. law-enforcement agencies over money-laundering lapses, according to several people familiar with the matter.