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GOLDMAN: The Economic Crisis Ends In 2013
Goldman's Jan Hatzius is out with an excellent note that essentially calls for the economic crisis to end in 2013.The title of the note is The US Economy in 2013-2016: Moving Over the Hump, and the...
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The Euro Crisis Will Only End When Unemployment Falls
There has been a lot of legitimate good news from the euro zone in recent months.Renegotiation of the rescue package with Greece may represent can-kicking, but every day you're able to kick the can is...
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These Two Charts Show How The Priorities Of US Companies Are Completely...
If you're looking for answers as to what has gone wrong in the U.S. economy--why so many people are unemployed, why so many Americans barely make enough to live on, why "the 1%" just keeps getting...
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The 15 Worst Housing Markets For The Next Five Years
Housing has turned the corner and is said to be a bright spot in the U.S. economy.But national home prices are expected to climb just 3.3 percent in the next five years, according to the latest data...
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Here's How We Can Avoid A New American Recession
The United States may be headed for a recession in 2013.Even if the country avoids going over the “fiscal cliff,” a poorly designed political compromise that cuts the deficit too quickly could push an...
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Chancellor George Osborne Says UK Might Miss Debt Targets
LONDON (AP) — Britain's Treasury chief acknowledged Sunday the economy is taking longer than expected to recover from the financial crisis, but insisted he will not waver from his policy of tax hikes...
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Here Are The Most-Owned Stocks On Capitol Hill
In the wake of the report from the NRDC's Scott Dodd which revealed that current UN Ambassador and potential new Secretary of State Susan Rice owned millions of stock in Transcanada, the company that...
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One State's Job Growth Blows The Rest Of The Country Out Of The Water
This month, America celebrates (hurrah) five years since the onset of the Great Recession.Earlier this week, the Bureau of Labour Statistics released the latest employment data for American...
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America's Stunningly Overpriced Healthcare System In 2 Charts
It's no secret that the U.S. spends a crippling amount of money on healthcare.Here's some global perspective from Credit Suisse.First is healthcare spending as a share of GDP. It's not hard to find the...
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GEITHNER: Fiscal Cliff Talks Show 'Normal Political Theater' And Ball Is In...
WASHINGTON (AP) — President Obama is ready for difficult concessions to reach a deficit deal, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending...
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New York City Residents Have $3 Billion In Unclaimed Funds Waiting For Them...
The State of New York may have a Christmas present for you.According to state comptroller Thomas DiNapoli, the total amount of unclaimed funds New Yorkers may claim from the state is approximately $3...
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BOEHNER: I Looked At Geithner And I Said, 'You Can't Be Serious?'
House Speaker John Boehner told host Chris Wallace on "Fox News Sunday" that President Barack Obama is "not being serious" about proposing a deal to avert the so-called "fiscal cliff," slamming the...
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One Thing Has Separated The Winners And Losers In The Stock Market For The...
This might be one of the biggest tells in all of corporate America.When a company stops providing guidance, its stock price lags. Studies repeatedly show this.In a new report, FactSet's John Butters...
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In 5 Years China Has Overtaken The US As A Global Trader
SEOUL, South Korea (AP) — Shin Cheol-soo no longer sees his future in the United States.The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted...
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LINDSEY GRAHAM: 'We're Going Over The Cliff'
In perhaps the most pessimistic view of the status quo of fiscal cliff negotiations, Republican Sen. Lindsey Graham said Sunday on CBS' "Face The Nation" that "we're going over the cliff.""I think...
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There's Only One Relevant Question For The Republicans: 'Seriously? You're...
The Republicans are trying hard to make it look like they're the ones driving the Fiscal Cliff negotiations, but Wall Street isn't buying it.No matter how many times House Speaker John Boehner says the...
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An Italian Business Newspaper Went Way Over The Top In Depicting America's...
This weekend we talked about the growing "Saudi America" meme, a term being bandied about because US domestic energy had such a monster year.Well an Italian business newspaper has REALLY taken this to...
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Foreclosures Are Falling Across The Country
More positive news for the housing market – the one bright spot in the U.S. economy.October saw 58,000 completed foreclosures across the country, down 17 percent, from 70,000 a year ago, according to...
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Coal Will Make A Comeback In 2013
One of the big trends in U.S. energy has been the transition from coal to gas (CTG) as natural gas prices tumbled.However, this period of superlow natural gas prices turned after production temporarily...
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Stats Legend Andrew Gelman Explains What Makes For Great Charts And Graphs,...
Andrew Gelman is the Director of the Applied Statistics Center at Columbia University and is one of the most respected data scientists in the field. He's penned a number of texts that have gone on to...
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