This Will Be The Best October Ever For New York Luxury Real Estate
This will be the best October on record in the luxury real estate market in New York City, according to the latest Olshan Realty report. So far, a total of 87 contracts on properties over $ 4 million...
View ArticleRepublican Senator Hints At Conspiracy To Delay Jobs Report
Sen. Chuck Grassley, a Republican from Iowa, hinted at ulterior motives for a potential delay on the October jobs report release Friday: The Bureau of Labor Statistics said Monday that it is working to...
View ArticleGALLUP: Romney Surges Back To 5-Point Lead Over Obama
Republican nominee Mitt Romney jumped back out to a 5-point lead over President Barack Obama in today's Gallup tracking poll, reversing a day of gains for the president. Romney is up 5 points on...
View ArticleHere's Why It's So Important That The US Stock Market Opens By Wednesday
It's that time of the month for traders -- the end of the month. The thing is the U.S. stock market is closed today and tomorrow as Hurricane Sandy intensifies along the eastern seaboard. The last time...
View ArticleSTOCK MARKETS TO BE CLOSED ON TUESDAY
UPDATE: The stock exchanges are confirming that U.S. markets will be closed for trading on Tuesday. Here's the statement from the New York Stock Exchange via BNO News : NYSE Euronext Statement on...
View ArticlePredictive Technology Is Turning America Into A Nation Of Part-Time Workers
New York Times reporter Steven Greenhouse reported this weekend that sophisticated human resources software is turning Americans has substantially increased the number of part-time workers. The...
View ArticleSHILLING: Investors Used To Hope Stimulus Would Boost The Economy, Now They...
Economist Gary Shilling sees a disconnect between the slowdown in the global economy and optimistic investors. In his latest Bloomberg View column, Shilling writes that investors are addicted to...
View ArticleCFOs Agree: Investing In Southern Europe Is As Scary As Investing In The...
BDO's annual 'global opportunities' survey found that the eurozone debt crisis remained one of their key concerns. Almost half (44pc) of the 1,000 CFOs surveyed by the global business consultancy...
View ArticleGallup Suspends Polling Due To Hurricane Sandy
Gallup editor in chief Frank Newport said today that the firm would suspend its daily tracking poll indefinitely due to Hurricane Sandy. Here's the statement: Gallup has suspended polling for its...
View ArticleMitt Romney Has Been Telling A Huge Whopper About The Auto Industry, And His...
Mitt Romney is facing intense pushback today over a new Ohio campaign ad that appears to suggest — falsely — that Chrysler is moving U.S. jobs to China. The ad doubles down on a statement that Romney...
View ArticleClose Presidential Elections Are Usually Followed By Big Stock Market Swings
Post-Election Apprehension Our view remains that a closely divided and hard-fought election will be followed by more fighting in a divisive and bitter lame duck session in Congress, resulting in higher...
View ArticleYour Sexy Nurse Costume Comes From China
With Halloween on Wednesday and trade with China again a focal point in the election, lets take a look at where exactly the U.S. finds all the Halloween costumes we import each year. For importers, the...
View ArticleHow England Had A Construction Bust Without A Boom
The decline of U.S. housing market has a compelling narrative. Lenders convinced borrowers to live beyond their means, financial institutions packaged borrowers’ debt as a high-grade investment...
View ArticleHere's The Obama Campaign's Response To Romney's Chrysler 'Lie'
President Barack Obama's presidential campaign released a new ad Monday, responding to Mitt Romney's "false claim of Jeep outsourcing to China." The ad, "Collapse," will be released in Ohio, a key...
View ArticleObama's Recovery Looks Even Weaker When You Compare It To Reagan’s
White House economist Alan Krueger on the third-quarter GDP report: Today’s report shows that the economy posted its thirteenth straight quarter of positive growth, as real GDP (the total amount of...
View ArticleMASSIVE SHAKEUP AT APPLE—SCOTT FORSTALL IS OUT (AAPL)
There has been a massive shake up in the executive ranks at Apple. Scott Forstall, the brilliant, but polarizing SVP who leads iOS, is out. As is John Browett who took over Apple's retail operations...
View ArticleNATE SILVER: Obama's Odds Of Winning Have Now Surged Back To 75%
Obama's odds of winning re-election continue to rise, according to New York Times polling guru Nate Silver. Obama also continues to hold a commanding lead on betting markets Intrade and Betfair. This...
View ArticleThere's No Way Obama's Recovery Is Sustainable
President Obama, back in 2009: Even as we clear away the wreckage of this recession, I have also said that we cannot go back to an economy that is built on a pile of sand — on inflated home prices and...
View ArticleTwo Big Economic Datapoints Are Coming Out Tomorrow
A little Sandy break! From Nomura, here's what to expect in the economy tomorrow: The pace of chain store sales slowed in the week ended 20 October following a strong showing over the Columbus Day...
View ArticleUS Futures Are Trading And They're Tanking Again
U.S. stock market futures reopened at 6:00 PM EST, and they tanked instantly and have been near their lows for the past hour. Dow futures are down 90 points. S&P 500 futures are down 8.8 points....
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