Economy
Unemployment Number Nuances
Unemployment numbers reported in the US can get a little confusing because they can be sliced and diced in different
4 Minute
Category: Economy
Economy
Indian Budget
The Indian budget was announced yesterday and looking at the sharp fall in the stock market, you would think that
4 Minute
Economy
‘Rogue Broker’ blamed for oil spike
From FT: The startling spike in oil prices to their highest level this year on Tuesday was caused by a
1 Minute
Economy
FT: US Personal income shows surprise rise
From FT: US consumers curbed their spending for the second month running in April, in spite of the first rise
2 Minute
Economy
Banks Want to Buy Their Own Assets With Taxpayer Money
From the WSJ: Some banks are prodding the government to let them use public money to help buy troubled assets
1 Minute
Economy
Facebook Valued at 10 Billion Dollars
From Bloomberg: Facebook Inc. received an investment from Russia’s Digital Sky Technologies that values the company at $10 billion, a
1 Minute
Economy
Annualized GDP Decline
From the WSJ: Steep declines in the economies of three of the U.S.’s biggest trading partners — Mexico, Japan and
1 Minute
Economy
CAFE Emission Standards
Image by Chris Campbell On Tuesday, President Obama announced rules that would require a car company to have a fleet
4 Minute
Economy
The Lure of Ponzi Schemes
Image by Timothy Valentine I came across this IMF working paper on Ponzi schemes via the Baselinescenario and it has
4 Minute
Economy
FT: Brazil and China eye plan to axe dollar
China takes another step to reduce its dependence on the US dollar, and wants to trade in local currencies with
1 Minute