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Head Of Japanese Central Bank Vows To Bring Economy Back From The Dead
The head of Japan's central bank has vowed to work with the nation's new government to tackle deflation, according to an interview published on Saturday."The Bank of Japan, not just the government,...
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The Ultimate Visual Representation Of America's Boom, Collapse And Epic Comeback
Since collapsing with the housing bubble and the financial crisis, the U.S. economy has staged a dramatic comeback.However, we are now seeing some signs of slowing again.Over the past three months, 45...
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MICHAEL PENTO: It Would Be More Surprising If Gold Didn't Go To $10,000
The world's central banks have gold bulls on high alert thanks to unprecedented, ultra-easy monetary policy.Eric King of King World News asked Michael Pento if this means gold $10,000 is coming.Here's...
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Rail Traffic Is Ending 2012 With A Boom
Rail traffic is finishing 2012 in a big way. This week’s rail traffic data marks the second consecutive week of big gains with a 10.2% reading in year over year intermodal gains. This was an...
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France's Highest Court Says A 75% Tax On The Ultrawealthy Is Unfair
PARIS (AP) — Embattled French President Francois Hollande suffered a fresh setback Saturday when France's highest court threw out a plan to tax the ultrawealthy at a 75 percent rate, saying it was...
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The Biggest Banks Are Risking An Endless Cycle Of Bankruptcy
Large banks risk getting caught in "perpetual" cycle of bankruptcy like aerospace companies and carmakers unless they radically alter the way they do business, according to a leading industry...
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Everyone's Talking About The Scott Brown Bottom
Big thanks to MSNBC's Hardball for drawing attention to our chart analysis from Thursday, when a Facebook posting from Scott Brown set the floor for the Dow that day.Unfortunately, the market crashed...
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Peter Orszag's Chart Of The Year Could Change Everything You Think About...
The conventional wisdom on the deficit is: Right now the deficit doesn't pose a problem, but thanks to the gigantic growth in healthcare costs, it's inevitable that the government will get swamped by...
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APPLE'S Q1 PREVIEW: Near-Term Volatility Continuing (AAPL)
This is a guest post from Sammy The Walrus IV, a frequent commenter at Business Insider, and a sharp tweeter on all things Apple.It was originally published on his site, AAPL Orchard, and is...
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The Final Datapoints Of The Year Show The Economy Is Gathering Steam
November monthly data reported this past week was sparse, but included Case-Shiller home prices, which continued to rebound, and new home sales, which were flat. The Chicago PMI manufacturing index...
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JARED BERNSTEIN: Here's Are My Views On Spending Cuts, Entitlements, And...
A number of folks in recent weeks have question or criticized my views, both here at OTE and on TV, regarding endorsing spending cuts, including some targeted at the social insurance programs Medicare...
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The Economist's Most Popular Cover Of 2012
This morning (EST), The Economist tweeted out its most popular cover of 2012. No surprise, it has to do with Europe, one of the hottest topics of the year. And no, it's not the controversial French...
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Two Reporters Say The Fiscal Cliff Negotiations Are Going Badly
Today is the day that Harry Reid and Mitch McConnell are supposed to be negotiating a deal on the Fiscal Cliff.Two of the top reporters covering the Fiscal Cliff, John Harwood of CNBC and Ben White Of...
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The 10 Best Performing Stocks Of 2012
The stock market had a pretty good year in 2012: the S&P 500, for all of investors' macro concerns, was up around 11.7 percent.One of the biggest stories in the market was the homebuilding sector....
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FORMER ROMNEY ECONOMIC ADVISOR: Yes, Middle Class Tax Rates Might Have To Be...
Former Mitt Romney economic advisor Greg Mankiw admits something that he probably would never have said during the campaign: Middle class tax rates can't be set in stone. They might have to rise,...
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Venezuela's Inflation Rate Hit 19.9%
* Price controls helped keep inflation in check* Currency devaluation seen spurring inflation in 2013CARACAS, Dec 29 (Reuters) - Venezuelan inflation reached 19.9 percent in 2012, the central bank said...
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Things That Might Happen In 2013
The following are my thoughts about things that might happen in 2013. This (Link) takes you to a discussion of my forecasts for 2012. I got a number of things right, and some important things...
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JIM O'NEILL: The Markets Will Be Okay Without An Immediate Fiscal Cliff Deal
The fiscal cliff is right around the corner, and we still have no deal.But it may be an exaggeration to say that the economy is doomed if we "go over" the cliff without a deal.Jim O'Neill, Chairman of...
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The 10 Hottest Stock Markets In The World
The S&P 500 is on track to book a low double-digit gain for the year.However, U.S. stock market returns are nothing compared to returns seen in some overseas markets.Some obscure markets benefited...
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OBAMA: 'I'm Not Driven By Some Ideological Agenda. I Am A Pretty Practical Guy.'
NBC's David Gregory has an exclusive interview with President Barack Obama, which will air today at 10:30 AM ET. Gregory has been tweeting quotes. Here's what he's given us so far:Please follow...
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