Eurozone Unemployment Jumps to 9.7%
Unemployment in the Eurozone climbed to 9.7 percent in September compared to 9.2 percent for the ent...
Fiscal Steroids Programs Promote Risk and Carry Trades.
What happened to ‘natural organic growth without a fiscal steroids programâ€Ã...
Geithner Sees Positive Signs for Economy
While testifying before the House Financial Services Committee, Treasury Secretary Timothy Geithner ...
Roubini Says Beware the Carry Trade Asset Bubble
Dr. Doom – AKA New York University Professor Nouriel Roubini – is ...
US New Jobless Claims Falls Less Than Expected
The US Labor Department announced today that the number of people claiming unemployment benefits for...
US Economy Grows 3.5%
For the first time since the second quarter of 2008, the US economy recorded positive growth, expand...
The dollar is getting oxygen.
We get a plethora of US data to chew on this morning. Global bourses have remained under pressure in...
US Durable Goods Up 1 Percent
The US Commerce Department said today that orders to factories for durable goods in September rose o...
Norway’s Central Bank Raises Rates to 1.5 Percent
Norway is the first European nation to raise rates, and the third worldwide. The 25 basis points i...
Too ‘Big to fail’ is getting too ‘Big to Bail’
The ‘Good Bank, Bad Bank’ split idea is being floated by the UK gover...
Home prices in August up fourth straight month
House prices appear to be finally stabilizing after a disastrous fall in the previous year. The c...
UK Retail Sales Surpass Expectations
The report from CBI indiacted better than expected numbers from UK retailers. The recovery is see...
Eurozone Household Lending Falls
Lending to companies and household has decreased by 0.3% annually. European governments are trying...
US House Prices Increase for 3rd Straight Month
The price of homes in 20 US cities rose in August marking the third straight month of increases and ...
Stock Futures Remain Flat Ahead of Wall Steet Opening
Stock market futures in New York remained flat as the market waits for reports on home prices and th...