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'In Britain, You're Still Walking. In China, We're Running'
In the first of a three-part series, Mick Brown travels to the Chinese city of Wuhan to see whether its emerging great wealth has also brought great happiness. Night had fallen in Wuhan, and Mrs Wang...
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GM Crushes Earnings Estimates, Shares Jump (GM)
NOTE: Earlier we wrote that GM earned $0.85 cents per share excluding items. The company actually earned $0.93. GM Q3 earnings are out and it's a big beat. The company earned $0.93 per share excluding...
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NATE SILVER: Obama's Odds Of Winning Have Now Surged All The Way To 77%
Obama's odds of winning re-election have now hit 77%, according to New York Times polling guru Nate Silver. Obama's lead on betting markets Intrade and Betfair has also continued to increase. These...
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Hurricane Sandy Just Made The Upcoming Economic Data Meaningless
The outcome of the presidential election on November 6 is already expected to be a market-mover. Societe Generale's top currency strategist, Kit Juckes, hints this morning in a note to clients that the...
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Apple Drops Under $600 (AAPL)
Because of Hurricane Sandy, investors haven't been able to register their reaction to Apple's executive shuffle. Markets are open today, so we'll see a reaction to the head of iOS, Scott Forstall,...
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UPDATE: NYSE Traders Will Experience Spotty Cell Phone, Wireless Internet...
UPDATE: NYSE CEO Duncan Niederauer was just talking on CNBC from the floor of the exchange. Niederauer told CNBC reporter Bob Pisani that the NYSE is taking measures to mitigate the phone and internet...
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US Futures Are Up
U.S. stock market futures are up ahead of today's trading session. Dow futures are up 53 points. S&P 500 futures 6.9 points Nasdaq 100 futures down 9.0 point. Futures didn't do much on Tuesday and...
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China's Stock Market Is Surging
China's Shanghai Composite index is up 1.8 percent late in the Asian trading session. This comes in the wake of the official and HSBC PMI reports that showed China's manufacturing industry is coming...
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Ireland's Manufacturing Sector Improves Again
Ireland's manufacturing PMI climbed to 52.1 in October. Here are the key points from Markit: Output and new orders rise at faster rates Cost inflation remains strong Eighth successive increase in...
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How The Markets And The Economy Performed For Every President Since 1900
With the presidential election just a few days away, I thought this might be a good time to recall the larger historical context of the US economy and markets with an eye on the party in power. First...
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One Popular Retailer Had Unusually Large Exposure In Hurricane Sandy's Path...
EDITOR'S NOTE: Earlier, this post said the chain with the greatest exposure was Five Guys. That has been corrected to Five Below. Here's a partial list from Goldman Sachs of retailers with stores in...
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YIKES: Greek Manufacturing PMI Falls, Export Orders Fall At Fastest Pace...
Greece manufacturing PMI in fell to 41.0 in October from 42.2 a month ago. "October data showed another steep decrease in the level of manufacturing output in Greece, which reflected not only lower...
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Markets Are Going Nowhere
Markets are going nowhere. After a night of tons of economic data -- most of which showed a bit of a rebound in Asia -- financial markets are basically flat. Germany is up modestly. Spain is down...
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There's Been A Shift In Thinking On The Global Economy — And It's Not Good...
The latest batch of global manufacturing data is helping to confirm a shift in conventional wisdom that's been brewing over the last couple of weeks. Whereas before, the thinking was that the US...
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UK PMI SINKS, MANUFACTURING DOWNTURN ACCELERATES
UK's manufacturing PMI fell to 47.5 in October, missing expectations for 48.0. This is down from 48.1 in September. And any reading below 50 signals contraction. "The UK manufacturing sector saw...
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The World's Biggest Economies Seem To Be Turning The Corner
HEADS UP: The world's biggest economies will release their October manufacturing PMI reports over the next two days, and this is our scorecard. Day one includes reports from the major Asian and...
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DEUTSCHE BANK: Here Are The Two Men Most Likely To Be Mitt Romney's Fed Chief
Deutsche Bank is out with a big note about the Fiscal Cliff, the election, and general economic uncertainty. There's a lot of meat in it, but one thing that stands out is the firm's discussion of who...
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And Now There's A New Batch Of Swing State Polls That Give Mitt Romney A...
Yesterday was a bad polling day for Mitt Romney, as several swing state polls showed his momentum fading. Today? Already more bad news. A new LVRJ poll has Obama leading Romney in Nevada by 50-46, up a...
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A Spooky Halloween Surprise From Goldman
The Goldman Sachs Analyst Index (GSAI) hit a new post-recession low this month. The index is a composite of corporate outlook by industry from Goldman's company research. In the past, the index...
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REPORT: A Huge Golden Dawn Mob Led An Assault On Immigrants In Athens Last Night
Golden Dawn, the ascendant neo-Nazi Greek political party, is directing violence toward immigrants in Greece as the economic situation deteriorates and the political situation becomes fragile. Athens...
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