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GDP May Be Ready To Accelerate Economic Growth [CHART]

GDP May Be Ready to Accelerate Growth by Todd Sullivan, ValuePlays “Davidson” submits: Real GDP was better than expected. But, if one looks at the trends then one sees decent but less than historical RGDP. Real GDP is composed of private and...



The WSJ Continues to Cheerlead Govt’s Case vs Shareholders

So, here is the latest from a few days ago. I’ll skip the 1st paragraph because it is starting to degenerate into simple shareholder trolling […] The post The WSJ Continues to Cheerlead Govt’s Case vs Shareholders appeared...



Consumers wasted at least $300 million paying for AT&T’s ‘unlimited’ data

By now, you've probably heard that the Federal Trade Commission is suing AT&T for how it treats its unlimited data customers. Despite paying for an unlimited plan, these subscribers had their mobile Internet slowed to dial-up speeds,...



U.S. Inflation Undershoots Fed’s 2% Target for 29th Consecutive Month

Price gains remained subdued across the U.S. economy in September, keeping a key gauge of inflation below the Federal Reserve’s 2% target for a 29th consecutive month. The price index for personal consumption expenditures, which is the...



You Won't Like Frances McDormand in 'Olive Kitteridge' ... But You Might Love Her

Conversations about complicated female characters, in books but especially on television, have a tendency to be dominated by one tedious question: Is she unlikable? Hannah Horvath, Mindy Lahiri, Carrie Mathison—all have been accused of being...



BOJ Unexpectedly Eases Policy

The Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in over a year and a half, as its 2% inflation target looks increasingly...



Asians Feel Rich and Happy–Pew Study

  Asians are the most optimistic about the future, according to a study by Pew Research Center. Here, a Chinese woman laughs during a social dance with a man at Ritan Park in Beijing. Associated Press People in emerging markets are happier than...



Listening to California Parks People Discuss Climate Change

Some random highlights: I watched a 20 minute presentation in which a woman from LA parks talked repeatedly about the urban heat island being a result of global warming I just saw that California State Parks, which is constantly short of money and...



Wal-Mart Weighs Matching Web Prices

Wal-Mart is testing a program to match online prices from rivals like Amazon this holiday season, a move that could make the discounter more competitive but cut into...



Apple CEO Tim Cook Announces He Is Gay In First Person Op-Ed

NEW YORK (TheStreet) –– Apple CEO Timothy D. Cook has unveiled to the world that he is gay, saying he "is proud to be gay." In a first person editorial for Bloomberg BusinessWeek, Cook said, "I don't consider myself...



What Can Vampires Teach Us About Economics? Full Transcript

This is a transcript of the Freakonomics Radio podcast “What Can Vampires Teach Us About Economics?“   [MUSIC: Arturo Sacchetti, “Toccata Und Fugue in D Minor” (from Organ Masterworks)]   Stephen J....



'BEA: Real GDP increased at 3.5% Annualized Rate in Q3'

 Calculated Risk: BEA: Real GDP increased at 3.5% Annualized Rate in Q3: From the BEA: Gross Domestic Product, Third Quarter 2014 (Advance Estimate) Real gross domestic product -- the value of the production of goods and services in the...



Yellen, Welcoming Remarks

Speech at the National Summit on Diversity in the Economics Profession, Washington,...



Most Ebola Patients in the U.S. Survive. Half in Africa Die. Why Are We Letting This Happen?

This week’s news on Ebola should make you breathe a sigh of relief—and seethe with anger.The news is the recovery of Amber Vinson, the nurse who got Ebola while treating...



Morning News: October 30, 2014

European Investors Get Jittery Over Banking Stocks German Jobless Total Falls in October Fed Ends QE, Perks Up Labor Market Outlook Fed’s Lonesome Dove Dissents as Brighter Outlook Appeases Hawks Time Warner Cable Profit Drops as Subscriptions...



America's Path To Energy Independence In One Chart

The US is well on its way to energy independence. The share of oil consumed by Americans that was produced in the US has sharply increased over the last 10 years, according to the Department of Energy. Back in 2005, less than 70% of oil consumed by...



A Hedge Fund Manager Vanished After Credit Suisse Accidentally Wired Him $1.5 Million

Last January, Credit Suisse wired $1.5 million to hedge fund manager Joseph B. Galbraith. One month later he disappeared off the map. According to a New York Times report, two weeks after Credit Suisse wired the money in three transactions to...



Einhorn Transforms BioFuel Energy Into A Real Estate Business

BioFuel changed its name to Green Brick Partners Inc. and now trades under the ticker symbol GRBK on the NasdaqBioFuel Energy Corp., the former ethanol producer, has transformed into Green Brick Partners Inc (NASDAQ:GRBK) , a successful homebuilder, with...



The Fed's First Rate Hike Is In Sight

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisers.  The End Of QE Suggests That The First Rate Hike Is Close (Charles Schwab) The Fed officially ended quantitative...



Summers: Reflections on the new 'Secular Stagnation hypothesis'

In case you just can't get enough of Larry Summers talking about secular stagnation: Reflections on the new 'Secular Stagnation hypothesis', by Larry Summers, Vox EU: The notion that Europe and other advanced economies are...



Little 'like' for Facebook apps

For all of Facebook's success in turning mobile into a booming business, one problem remains: bad user...



If You Had A Verizon Family Plan In The 2000s, There's Some Cash Coming Your Way

Verizon agreed to a proposed settlement last week under which it would pay $64.2 million to settle claims that it overcharged customers who signed up for family plans. Family SharePlan customers were allegedly billed for in-network calls that were...



Fed Closes Chapter on Easy Money

The Federal Reserve said it would end its long-running bond-purchase program, concluding a historic experiment that stirred disagreement among policy makers, economists and investors about its...



Democratic Advantage Among Latinos Falls

Democrats maintain a wide, but diminished, advantage among Hispanic registered voters, 54% of whom say a candidate’s position on immigration is not a deal-breaker in determining their...



Twitter Inc – Two Key Engineers To Resign [REPORT]

Some of the engineers at Twitter Inc (TWTR) were concerned that the product vision of the company is not clear enough for themTwitter Inc (NASDAQ:TWTR) is expected to reorganize its engineering division after two its primary engineers are planning...



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Apple CEO Tim Cook Announces He Is Gay In First Person Op-Ed

NEW YORK (TheStreet) –– Apple CEO Timothy D. Cook has unveiled to the world that he is gay, saying he "is proud to be gay." In a first person editorial for Bloomberg BusinessWeek, Cook said, "I don't consider myself...



Listening to California Parks People Discuss Climate Change

Some random highlights: I watched a 20 minute presentation in which a woman from LA parks talked repeatedly about the urban heat island being a result of global warming I just saw that California State Parks, which is constantly short of money and...



Fed Closes Chapter on Easy Money

The Federal Reserve said it would end its long-running bond-purchase program, concluding a historic experiment that stirred disagreement among policy makers, economists and investors about its...



BOJ Unexpectedly Eases Policy

The Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in over a year and a half, as its 2% inflation target looks increasingly...



Consumers wasted at least $300 million paying for AT&T’s ‘unlimited’ data

By now, you've probably heard that the Federal Trade Commission is suing AT&T for how it treats its unlimited data customers. Despite paying for an unlimited plan, these subscribers had their mobile Internet slowed to dial-up speeds,...



Wonkblog: Jean Tirole won the 2014 Nobel Prize in Economics for actually showing us how the real world works

Economists can tell us a lot about markets where there's perfect competition, but what about the real world? You know, that place where there are only a few big companies fighting — or maybe not — against each other. What should the...



Blog Post: TheAlephBlog: Redacted Version of the October 2014 FOMC Statement



Wal-Mart Weighs Matching Web Prices

Wal-Mart is testing a program to match online prices from rivals like Amazon this holiday season, a move that could make the discounter more competitive but cut into...



The WSJ Continues to Cheerlead Govt’s Case vs Shareholders

So, here is the latest from a few days ago. I’ll skip the 1st paragraph because it is starting to degenerate into simple shareholder trolling […] The post The WSJ Continues to Cheerlead Govt’s Case vs Shareholders appeared...



U.S. Inflation Undershoots Fed’s 2% Target for 29th Consecutive Month

Price gains remained subdued across the U.S. economy in September, keeping a key gauge of inflation below the Federal Reserve’s 2% target for a 29th consecutive month. The price index for personal consumption expenditures, which is the...



The Fed's First Rate Hike Is In Sight

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisers.  The End Of QE Suggests That The First Rate Hike Is Close (Charles Schwab) The Fed officially ended quantitative...



Asians Feel Rich and Happy–Pew Study

  Asians are the most optimistic about the future, according to a study by Pew Research Center. Here, a Chinese woman laughs during a social dance with a man at Ritan Park in Beijing. Associated Press People in emerging markets are happier than...



Shareholder Pressure Helped Lead to New MSG Board Members

Though veteran activist Nelson Peltz is joining MSG's board, the company's choice of new board members came about after another hedge fund, JAT Capital Management, disclosed in late August that it had purchased a...



What Can Vampires Teach Us About Economics? Full Transcript

This is a transcript of the Freakonomics Radio podcast “What Can Vampires Teach Us About Economics?“   [MUSIC: Arturo Sacchetti, “Toccata Und Fugue in D Minor” (from Organ Masterworks)]   Stephen J....



Summers: Reflections on the new 'Secular Stagnation hypothesis'

In case you just can't get enough of Larry Summers talking about secular stagnation: Reflections on the new 'Secular Stagnation hypothesis', by Larry Summers, Vox EU: The notion that Europe and other advanced economies are...



Lower oil prices

For the last 3 years, European Brent has mostly traded in a range of $100-$120 with West Texas intermediate selling at a $5 to $20 discount. But in September Brent started moving below $100 and now stands at $90 a barrel, and the spread over U.S....



If You Had A Verizon Family Plan In The 2000s, There's Some Cash Coming Your Way

Verizon agreed to a proposed settlement last week under which it would pay $64.2 million to settle claims that it overcharged customers who signed up for family plans. Family SharePlan customers were allegedly billed for in-network calls that were...



Morning News: October 30, 2014

European Investors Get Jittery Over Banking Stocks German Jobless Total Falls in October Fed Ends QE, Perks Up Labor Market Outlook Fed’s Lonesome Dove Dissents as Brighter Outlook Appeases Hawks Time Warner Cable Profit Drops as Subscriptions...



Daimler Sold Its Remaining 4% Stake In Tesla Motors Inc

Daimler AG, who was an initial investor in Tesla, has sold its remaining stake in the EV company for $780 millionDaimler AG sold its remaining 4% stake in Tesla Motors Inc (NASDAQ:TSLA) and earned $780 million. According to the Wall Street Journal, the...



Janet Yellen is Wrong About the Cause of Wealth Inequality

Fed Chair Janet Yellen said in a speech on the subject on Friday, that she is “greatly concerned by the extent, and continuing increase, of wealth inequality in the United States.”, noting the “significant income and...