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News & Updates
Shinzo Abe is desperate to rescue his failing economic program, but he still hasn't done what's necessary
November 14, 2014 German-French Rebound Kept Euro Economy Growing in Third QuarterSource: Bloomberg
The euro-area economy grew faster than analysts forecast in the third quarter as Germany and France rebounded and Greece showed some signs of revival
November 14, 2014 Is the Fed Due for a Revamp?Source: US News
Building on momentum from earlier this year, a group of policy advocates, economists and community organizations is calling for more transparency at the Federal Reserve, imploring that the Fed consider the plight of many who...
November 14, 2014 US stocks end with moderate gains at Wall StreetSource: Business Standard
Energy sector continues to drag down stocks U.S stocks ended Thursday's mixed trading activity slightly higher on 13 November 2014 but a continued sell-off in energy stocks, due to falling oil prices, weighed on the S&P 500. The...
November 14, 2014 Buffett's Berkshire Hathaway buys P&G's DuracellSource: Reuters
Berkshire Hathaway Inc has agreed to acquire Procter & Gamble Co's Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company's...
China's economy lost further momentum in October, with factory growth dipping and investment growth hitting a near 13-year low, testing the government's resolve to avoid stronger stimulus measures.
November 13, 2014 Oil below $80 as slow China chimes with OPEC warningSource: Reuters
Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China's resource-hungry economy chimed with OPEC warning of a substantial drop in demand next year.
November 13, 2014 European Shares Fall, Pound Down
Wall Street Journal - It stopped short, however, of supplying a concrete timetable for such a move. By early afternoon, the îStoxxî Europe 600 was down 1.1%. Germanyâs DAX was down 1.5% while Franceâs CAC...
November 12, 2014 Why Income Inequality Is a Growing Threat
Wall St. Cheat Sheet - Income inequality is the top threat facing the world in 2015, according to experts from the World Economic Forum. Along with increasing joblessness, global pollution, and severe weather events, inequality...
November 12, 2014 Fed now committed to data-dependent interest rate hikes: PlosserSource: Reuters
The Federal Reserve's latest statement shows policymakers are committed to tying higher interest rates to economic data, not calendar dates, a top U.S. central banker said on Wednesday.
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