Archive | Economic News

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Rising Interest Rates? Never Mind

It was always a matter of when, not if, the financial markets would tell the Fed to stop raising interest rates. And it appears the message has been received: (MarketWatch) — A Federal Reserve official who was one of the strongest advocates of raising rates last year now believes the central bank should refrain from […]

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TPP to Criminalize Information Sharing

STAFF NEWS & ANALYSIS TPP to Criminalize Information Sharing By Daily Bell Staff – February 19, 2016 The article in question, about DeMarcus Cousins showing support for embattled head coach George Karl, was published February 13 … Now when you click on the article on Amico Hoops, it immediately redirects you to Sactown Royalty … […]

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Political Circuses: How US Elections Became a Joke

Starbucks CEO warns the U.S. presidential elections are turning into a ‘circus’ … CEO Howard Schultz criticized the presidential candidates for making ‘bombastic attacks’ without ‘respect’ for each other. He warned the run-up to the U.S. election had ‘turned into something none of us has ever seen before… almost a circus.’ – Daily Mail The […]

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Political Circuses How US Elections Became a Joke

Starbucks CEO warns the U.S. presidential elections are turning into a ‘circus’ … CEO Howard Schultz criticized the presidential candidates for making ‘bombastic attacks’ without ‘respect’ for each other. He warned the run-up to the U.S. election had ‘turned into something none of us has ever seen before… almost a circus.’ – Daily Mail The […]

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The ban on cash is coming Soon

This is starting to become very concerning. The momentum to “ban cash”, and in particular high denomination notes like the 500 euro and $100 bills, is seriously picking up steam. On Monday the European Central Bank President emphatically disclosed that he is strongly considering phasing out the 500 euro note. Yesterday, former US Treasury Secretary […]

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The Truth About Free-Market Capitalism Oil Prices Reveal Extent of Cronyism

Loy wonders why we acquiesce in the appalling realities of global inequities and sleep so peacefully at night. He finds his answer in Rodney Dobell’s explanation that “lies largely in our embrace of a peculiarly European or Western [but now global] religion, an individualistic religion of economics and markets, which explains all of these outcomes […]

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The Question No One Is Asking About Central Banks

STAFF NEWS & ANALYSIS The Question No One Is Asking About Central Banks By Daily Bell Staff – February 16, 2016 Central banks face credibility test … The retreat from unconventional monetary policy was always going to be tricky. While economists are almost equally divided on whether Federal Reserve chair Janet Yellen will raise U.S. […]

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