Clik here to view.
Here's The Main Driver Of Today's GDP Surprise
Today's Q3 GDP release beat expectations – the economy grew 2.0 percent in the third quarter, according to this first reading, while economists expected a 1.8 percent gain. The main reason the report...
View ArticleClik here to view.
CNBC Anchor Becky Quick Blasts Paul Krugman In A New Op-Ed
CNBC's Becky Quick just wrote a piece for Fortune titled A Call For Frank Talk About Our Debt From Bill Clinton (And Me). But more than anything, the piece is an attack on Nobel prize winning economist...
View ArticleClik here to view.
I'm Sorry, But The Statement Citigroup Made About Its CEO Quitting Is...
Two weeks ago, the CEO of Citigroup, Vikram Pandit, quit unexpectedly, startling the company's shareholders and employees. To listen to both Pandit and Citigroup tell it, the decision was Pandit's:...
View ArticleClik here to view.
Consumer Confidence Falls, Misses Expectations
UPDATE: University of Michigan Consumer Confidence is out. The index decreased to 82.6 from a preliminary reading of 83.1, below expectations of an 83.0 reading. Click here for updates >...
View ArticleClik here to view.
Here's A Close Look At GDP Since 1947
The Advance Estimate for Q3 GDP came in at 2.0%, slightly better than the consensus estimates, which ranged from 1.7% to 1.9% depending on the source. The Briefing.com consensus I generally feature was...
View ArticleClik here to view.
You Can Stop Freaking Out About Chinese Capital Flight For Now
Markets have been concerned about capital flight since mid-2011 when fears of a Chinese hard landing began to resurface as well. But Chinese capital flow number are often distorted by the use of yuan...
View ArticleClik here to view.
The Euro Is Tanking On Comments From Germany's Finance Minister
Headlines are coming across the Bloomberg about comments German Finance Minister Wolfgang Schaeuble made in an interview with ZDF. Schaeuble said there is "nothing decided" on the topic of Greece's...
View ArticleClik here to view.
Here's Why Apple Missed On Earnings (AAPL)
Apple had an earnings miss yesterday, marking the third quarter out of the last five that it's come up short of expectations. This is a big change of pace for Apple, which had been smashing...
View ArticleClik here to view.
How The Forces Of Nature Took Huge Chunk Out Of GDP
In its release of today's Q3 GDP figure, the Bureau Economic Analysis said farm inventories subtracted 0.42 percentage point from the change in private inventories. That in turn took 0.12 points off...
View ArticleClik here to view.
There Goes The Rally
UPDATE (11:05 AM):All of this morning's gains are gone. The Dow is now down 37 points. The S&P 500 is down 6 points. EARLIER (9:45 AM):The Bureau of Economic Analysis just released its Q3 GDP...
View ArticleClik here to view.
JOB OF THE WEEK: Director Of Information Security
Check out the Business Insider Jobs section >> As part of our new partnership with CareerBuilder.com, each week we'll feature one of the awesome jobs advertised on the Business Insider jobs...
View ArticleClik here to view.
BILL GROSS: Raise Taxes Where The Money Is
The fiscal cliff is just one quarter away, and the nation's balance sheet has become a source of increased scrutiny and discussion. The bond king Bill Gross uses a rather unflattering analogy to...
View ArticleClik here to view.
The 16 Pipeline Operators With The Most 'Incidents'
Opponents of pipeline projects like Transcanada's Keystone often point to the risks of spill and injuries. The truth is these incidents are very rare. However, they do occur We compiled data collected...
View ArticleClik here to view.
WAPO/ABC POLL: Obama Climbs Back To Within A Point Of Mitt Romney
President Barack Obama gained 2 points on Republican rival Mitt Romney in Friday's Washington Post/ABC News daily tracking poll. Romney now leads the president, 49 percent to 48 percent. That marked a...
View ArticleClik here to view.
CHART OF THE DAY: A Complete Breakdown Of US GDP Growth In One Beautiful Chart
The Bureau of Economic Analysis reported today that Q3 GDP ticked upward to 2.0 percent, after clocking in at 1.3 percent in Q2. But that headline number gives only limited amount of information....
View ArticleClik here to view.
The 10 Most Troubled Industries In America
Kevin Boyland and Anna Son at IBISWorld released a report highlighting ten U.S. industries with limited growth prospects. Even as the economic recovery continues, these industries aren't likely to be...
View ArticleClik here to view.
The US Is No Longer The Top Destination For Foreign Investment
The United Nations Conference on Trade and Development recently released a report on global foreign direct investment flows, titled “Global Investment Trends Monitor.” The report indicates that despite...
View ArticleClik here to view.
GALLUP: MITT ROMNEY SOARS BACK TO 5-POINT LEAD OVER OBAMA
Republican nominee Mitt Romney jumped back out to a 5-point lead over President Barack Obama in Gallup's daily tracking poll of likely voters Friday, and now leads the president 51-46. Obama and Romney...
View ArticleClik here to view.
JIM O'NEILL: I Just Spent A Week In DC, And I Left More Freaked Out About The...
You would think that the horrific fiscal cliff scenarios relayed by economists would get Congress moving as the deadline to act is fast approaching. This was the assumption Goldman's Jim O'Neill had...
View ArticleClik here to view.
Do Rich People Have A 'Moral Obligation' To Pay More Taxes? California...
We had an interesting debate on DailyTicker this morning after California governor Jerry Brown said rich people have a moral obligation to pay higher taxes... Yahoo producer Stacy Curtin: Do the...
View Article