Breaking News, Page 1

Older >

Optimistic About Inflation, Stanley Fischer Suggests That Fed Will Stick to Plan on Rates

The remarks of the Federal Reserve’s vice chairman were highly anticipated after days of turmoil in financial markets that raised questions about whether the Fed’s plans had...



Fed's Vice Chair Fischer: “When the case is overwhelming, if you wait that long, then you’ve waited too long.”

Note: Tomorrow, Saturday, at 12:25 PM ET, Fed Vice Chairman Stanley Fischer will speak at the Jackson Hole Symposium on "U.S. Inflation Developments"A couple of quotes from earlier today ...From Binyamin Appelbaum at the NY Times: Fed Official...



Fed’s Fischer Leaves Door Open for September Rate Hike

Federal Reserve Vice Chairman Stanley Fischer left open the option of an interest rate increase next month. Other officials are divided on whether to...



10 Friday AM Reads

What a week! You are almost to the goal line. Our morning train reads will see you through: • Computers are the new Dumb Money (TRB) see also How ETF investors messed up during this week’s market scramble (Yahoo...



How My Presidency Would Deal With China

Approaching Beijing on the basis of strength and example, not weakness and...



UK second quarter GDP growth steady at 0.7% as exports and business investment pick up

The second reading from the Office for National Statistics reaffirmed that GDP growth improved from 0.4 per cent in the previous quarter - the weakest pace of growth since...



What the Ashley Madison hack says about how many women cheat

Philippe Lopez / AFP / Getty Images Last week's massive, marriage-straining data dump shows remarkably few women browsed Ashley Madison, the recently hacked dating site that promises to facilitate steamy affairs. About two-thirds of...



Pollsters dumbfounded by Trump...

Pollsters dumbfounded by Trump...(First column, 1st story, link)Related stories:Lean campaign structure breaks the mold...MAG: Why not?Bush vs Clinton may not happen! ...



Decades of discomfort and tension inside Trump-Bush melodrama...

Decades of discomfort and tension inside Trump-Bush melodrama...(Third column, 4th story, link)Related stories:GEEKS UNITE! Jeb raffling off ticket to Colbert debut... ...



Q2 GDP Revised up to 3.7%, Weekly Initial Unemployment Claims decreased to 271,000

From the BEA: Gross Domestic Product: First Quarter 2015 (Third Estimate)Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for...



Are You Ready for a Glorious Sunset? Full Transcript

This is a transcript of the Freakonomics Radio podcast “Are You Ready for a Glorious Sunset?” [MUSIC: Brotherun, “Wishful Thinking” (from Brotherun EP)] Stephen J. DUBNER: In our previous episode, we talked about a set of TV...



Your To-Do List for Building More Muscle

Holly Stein/Getty Images The tricky thing about fitness — or life, for that matter — is that there is no definitive road map. Most people adopt working out as a way to get in shape, improve their self-confidence, or maybe just try and become...



China’s Market And Policy Timeline [INFOGRAPHIC]

Chinese stocks continue to plunge. Despite a Tuesday rate cut from the People's Bank of China, the $5 trillion rout rolls on. H/T Barry Ritholtz China's Market And Policy Timeline Source: Bloomberg The post China’s Market And Policy...



Dow Up 620 As Markets Rally In Big Wednesday Rebound

The Dow Jones Industrial Average got over the hump Wednesday, closing up more than 600 points for an almost 4% gain as trading seemed to stabilize a bit after a week of chaos. Foreign markets, including those in Asia and Europe, ended the day down but...



The Reactionary Soul



Musings on the Wealth Effect

Photo Credit: Wally GobetzI try not to be an ideologue, and I often fail. One bias of mine is that most macroeconomic policy actions of the government or central bank either don’t help, or merely shift the problem to another...



What Evidence Did the Fed Have That the Economy is Picking Up?

The NYT told readers: "The Federal Reserve has said that it expects to raise interest rates sometime soon, given evidence over the last year that economic growth is picking up." This undoubtedly had people wondering what the paper could have in...



Unnatural Obsessions



It’s Getting Tighter

Real private borrowing costs: up...



What Is NYSE Rule 48 And Why Is It Invoked?

The New York Stock Exchange (NYSE) invoked Rule 48 again on Tuesday to prevent panic trading during the opening of the stock markets. The NYSE implemented Rule 48 for the second consecutive day-- a historic move. Yesterday, the exchange invoked Rule 48...



Some extremely misleading stock market data

Here are the performances of some of the major stock markets over the past year (actually since August 27, 2014): China (Shanghai):  2209.47 –> 2964.97  Up 34.2% Japan:  15534.82 –> 17806.70   Up...



Biden vs. Clinton Could Get Ugly

Michael Tomasky: “Biden would have no choice but to build a run around the idea that she’s too risky. He or his surrogates will need to press the idea that the party could nominate Clinton and then next fall, Trey Gowdy finds that Holy...



Top Dem fundraisers to meet...

Top Dem fundraisers to meet...(Second column, 5th story, link)Related stories:SHOCK POLL: 46% Think Hillary Should Suspend Her Campaign...GEFFEN FLASHBACK: NO MORE CLINTONS...Obama gives Biden 'blessing' to run...Group circulates...



Stocks in China Continue to Dive; Global Markets Elsewhere Stabilize

Across Asia, the free fall of the past few days appeared to have ended — except in China, where Shanghai stocks opened 6.4 percent...



CNN: Obama gives Joe Biden 'blessing' for 2016 bid...

CNN: Obama gives Joe Biden 'blessing' for 2016 bid...(Second column, 1st story, link)Related stories:Top Dem fundraisers to meet... ...



Breaking News, Page 1

Older >

2 hours | 12 hours | 24 hours | 30 days

Optimistic About Inflation, Stanley Fischer Suggests That Fed Will Stick to Plan on Rates

The remarks of the Federal Reserve’s vice chairman were highly anticipated after days of turmoil in financial markets that raised questions about whether the Fed’s plans had...



UK second quarter GDP growth steady at 0.7% as exports and business investment pick up

The second reading from the Office for National Statistics reaffirmed that GDP growth improved from 0.4 per cent in the previous quarter - the weakest pace of growth since...



The Reactionary Soul



What the Ashley Madison hack says about how many women cheat

Philippe Lopez / AFP / Getty Images Last week's massive, marriage-straining data dump shows remarkably few women browsed Ashley Madison, the recently hacked dating site that promises to facilitate steamy affairs. About two-thirds of...



Decades of discomfort and tension inside Trump-Bush melodrama...

Decades of discomfort and tension inside Trump-Bush melodrama...(Third column, 4th story, link)Related stories:GEEKS UNITE! Jeb raffling off ticket to Colbert debut... ...



Are You Ready for a Glorious Sunset? Full Transcript

This is a transcript of the Freakonomics Radio podcast “Are You Ready for a Glorious Sunset?” [MUSIC: Brotherun, “Wishful Thinking” (from Brotherun EP)] Stephen J. DUBNER: In our previous episode, we talked about a set of TV...



Dow Up 620 As Markets Rally In Big Wednesday Rebound

The Dow Jones Industrial Average got over the hump Wednesday, closing up more than 600 points for an almost 4% gain as trading seemed to stabilize a bit after a week of chaos. Foreign markets, including those in Asia and Europe, ended the day down but...



Fed's Vice Chair Fischer: “When the case is overwhelming, if you wait that long, then you’ve waited too long.”

Note: Tomorrow, Saturday, at 12:25 PM ET, Fed Vice Chairman Stanley Fischer will speak at the Jackson Hole Symposium on "U.S. Inflation Developments"A couple of quotes from earlier today ...From Binyamin Appelbaum at the NY Times: Fed Official...



Your To-Do List for Building More Muscle

Holly Stein/Getty Images The tricky thing about fitness — or life, for that matter — is that there is no definitive road map. Most people adopt working out as a way to get in shape, improve their self-confidence, or maybe just try and become...



Pollsters dumbfounded by Trump...

Pollsters dumbfounded by Trump...(First column, 1st story, link)Related stories:Lean campaign structure breaks the mold...MAG: Why not?Bush vs Clinton may not happen! ...



China’s Market And Policy Timeline [INFOGRAPHIC]

Chinese stocks continue to plunge. Despite a Tuesday rate cut from the People's Bank of China, the $5 trillion rout rolls on. H/T Barry Ritholtz China's Market And Policy Timeline Source: Bloomberg The post China’s Market And Policy...



Fed’s Fischer Leaves Door Open for September Rate Hike

Federal Reserve Vice Chairman Stanley Fischer left open the option of an interest rate increase next month. Other officials are divided on whether to...



How My Presidency Would Deal With China

Approaching Beijing on the basis of strength and example, not weakness and...



10 Friday AM Reads

What a week! You are almost to the goal line. Our morning train reads will see you through: • Computers are the new Dumb Money (TRB) see also How ETF investors messed up during this week’s market scramble (Yahoo...



Q2 GDP Revised up to 3.7%, Weekly Initial Unemployment Claims decreased to 271,000

From the BEA: Gross Domestic Product: First Quarter 2015 (Third Estimate)Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for...



The Maple Syrup Cartel

Quebec produces more than 70 percent of the world’s maple syrup and the Federation of Quebec Maple Syrup Producers is a cartel every bit as rapacious as OPEC or De Beers. The Federation is government backed and all producers must sell to...



Market News: Apple, Vital Therapies, HMS Holdings

The stock markets in the United States dropped significantly today. The Dow Jones, S&P 500, and the NASDAQ fell more than 3%, the biggest one-day drop in the indexes since 2011, according to Reuters. Sign up for our free newsletter The...



The Labor Market Conditions Index as a leading indicator

 - by New Deal democratVia Naked Capitalism, Bill Mitchell writes that the Fed's "Labor Market Conditions Index is Weakening."  As usual, I hate the present progressive tense, since there is nothing about the index that...



This one bad assumption is a major threat to your retirement budget

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Healthcare costs can alter retirement plans (Investment News) For years financial advisors have been assuming inflation of 2.5-3.0%...



MannKind Corporation Slips Below $4 On Financial Woes

MannKind shares fell 2.64% to $3.69 in early trading Friday. The stock has declined 30% in the last 30 days and 46% in the past six months. The biggest problem for MannKind has been the slow commercial launch of its inhaled insulin drug Afrezza. Poor...