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American Consumers Love To Spend On Little Luxuries [Infographic]
According to an online survey of American consumers conducted by Accenture, "one-half of U.S. consumers are likely to make a small luxury purchase in the next six months."The survey found that while...
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Here's How The Government Would Actually Make A $1 Trillion Coin To Avert A...
Lots of people are questioning whether minting a trillion dollar coin could solve the country's debt ceiling crisis.Specifically, people are intrigued by a law which says that the Treasury has the...
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The Latest Round Of Manufacturing Data Is A Good Sign For S&P 500 Earnings...
Last week, RBC Capital Markets' Myles Zyblock upgraded the S&P 500 to "overweight."One big reason for this was the upturn in manufacturing data."[Last] week’s ISM Manufacturing and global PMI data...
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The Next Two Weeks Will Be Huge For Fed Watchers
The Federal Reserve made a splash last week with the release of the FOMC minutes from the central bank's mid-December monetary policy meeting.The minutes revealed that despite the dovish developments...
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Terrifying Presentation Shows What Would Really Happen If We Hit The Debt...
Apologists for the GOP argue that using the debt ceiling as "leverage" to reshape fiscal policy isn't dangerous brinksmanship.They say that nobody is talking about "default" because even if the...
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Here's The Exact Moment (And Reason) Apple Investors Panicked (AAPL)
Apple is down again today. Apple's been down a lot lately, as you may have heard.Since it closed above $700 in September, the stock has fallen and can't break out of the $520 range (give or take a few...
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FINANCIAL ADVISOR INSIGHTS: More And More Market Experts Are Getting Worried...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Are Markets Getting Ahead Of Themselves? (Gluskin Sheff)Last week the Dow was up...
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STOCKS FALL: Here's What You Need To Know (BAC, AMZN, SPY, DIA)
The mortgage settlements were the biggest news of the day.First the scoreboard:Dow: 13,384.29, -50.92, -0.38%S&P500: 1,461.89, -4.58, -0.31%NASDAQ: 3,098.81, -2.85, -0.09%And now the top...
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CONGRESSMAN: Here's Why I Want To Ban The Trillion-Dollar Platinum Coin
Earlier today, Congressman Greg Walden (R-OR) announced plans to introduce legislation to ban the Treasury from minting high-value platinum coins and using said coins to get around the debt ceiling.He...
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The EPA Hasn't Figured Out How To Publish Results Of Its Fracking Chemical...
The EPA asked nine drillers to submit detailed information about their operations as part of the agency's years-long study of fracking's impact on drinking water.However, the companies deemed "a...
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REPORT: Obama Close To Choosing Jack Lew To Replace Geithner As Treasury...
President Barack Obama could announce this week his choice to nominate Jack Lew to be the next Treasury Secretary, Bloomberg's Hans Nichols is reporting.Lew, the current White House Chief of Staff,...
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China's Chicken Supplier Probe Is Causing Problems For KFC (YUM)
Yum! Brands, the owner of KFC and Taco Bell, just warned that sales in its Chinese stores would fall short of expectations due to anFrom the company's 8-K filing with the SEC:Due to adverse publicity...
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STIGLITZ: We're Overlooking The Global Economy's Long-Term Problems
In the shadow of the euro crisis and America’s fiscal cliff, it is easy to ignore the global economy’s long-term problems.But, while we focus on immediate concerns, they continue to fester, and we...
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How The E-Commerce Revolution Is Changing Everything We Know About Retail
Morgan Stanley's tech analysts and retail analysts came together and published a big presentation on the eCommerce revolution.The Morgan Stanley team expects the eCommerce opportunity – "retail sales...
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Look At All Of The Government Programs That Will Have To End Immediately If...
Let's suppose the GOP doesn't raise the debt ceiling on time.And let's suppose the administration doesn't try any novel ideas, like invoking the 14th Amendment or using the Trillion Dollar Platinum...
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13 Major Global Risks That Used To Be The Stuff Of Science Fiction
The theme of World Economic Forum's Global Risks 2013 report, just out this week, is "resilience."It includes a new a "national resilience measurement" to determine which countries are best positioned...
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Here's What Congress Means When They Talk About 'Sequestration'
One of the most significant issues coming up is sequestration.If you're unfamiliar with the word, you're not alone. It is an obscure budgetary term used to explain a type of process to create spending...
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Where The Paychecks Are Getting Bigger
Rapid growth in mobile technology has made engineers highly valuable workers. But aside fom the tech industry, a recently released Payscale Index revealed that those working in the mining — or anything...
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It Could Take 3 To 6 Years Before The Fed Raises Rates
The most important part of the Federal Reserve-watching game is now this: figuring out how long it will take for the unemployment rate to drop to 6.5 percent. That's the benchmark that the Fed's...
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Here's How The Federal Government Dramatically Skews The US Real Estate Market
One of most persistent canards about American communities is the idea that they’ve been built entirely by demand.People live in the suburbs because they want to.Drivers commute on highways by...
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