Tuesday's Top 50 Economics News & Stories
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EconomyBrief
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Yellen said there were signs of a production and spending rebound in the second quarter, but 'this bears close watching.'
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The state has a keen interest in drilling for shale gas itself, to help end historic injustices, says Mineral Resources Minister Ngoako Ramatlhodi.
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From The Full Monty to The Matrix, films have a lot to say on economics. Mary Poppins teaches us that banking is about confidence, and Some Like it Hot lays bare the trouble with capitalism Co-written and directed by Oliver Stone, and st...
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Submitted by Charles Hugh-Smith of OfTwoMinds blog , Even if the economy were growing at a faster pace, it wouldn't come close to offsetting the interest payments on our ever-expanding debt. If you want to know why the Status Quo is ...
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The US dollar rallied against most majors as Yellen said the overall view of the US economy is positive.
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WASHINGTON, (Reuters) - The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve...
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The Israeli ambassador to South Africa should be expelled, demands the National Union of Metalworkers of SA.
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According to S Naren what happens to equity market may not be key focus for the new government. Instead they could be looking at job creation; reducing inflation and reducing interest rates, which will bring an overall improvement in the...
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It would appear 'they' are reaching deep into the playbook to save stocks from the Fed's negativity... First they tried JPY momentum ignition - that failed... Then they tried the precious metals dump - that failed... and now it's V...
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BEIJING (Reuters) - Beijing stepped up efforts to re-energize China's economy in June, pumping in more money and pressing banks to extend more loans, but analysts say more stimulus will be needed to...
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The US Federal Reserve warns of "stretched valuations" in social media and biotechnology firms as part of chair Janet Yellen's semi-annual report in front of Congress.
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WASHINGTON (Reuters) - U.S. public debt remains on an unsustainable path and will reach 106 percent of economic output in 25 years versus about 74 percent currently, the Congressional Budget Office...
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Russia and the European Union are at odds over Ukraine's political future.
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Federal Reserve Chair Janet Yellen told lawmakers the central bank must press on with monetary stimulus as “significant slack” remains in labor markets and inflation is still below the Fed’s goal
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BRUSSELS (Reuters) - A broad coalition of European environmental, consumer rights and anti-globalisation groups launched a bid on Tuesday to stop the European Union from negotiating a free trade deal...
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With The Fed proclaiming bubbles in some of the most-loved segments of the stock market and explaining that the economy is doing "ok" but they must remain dovish for longer for feasr of "false dawns"... what better time than now to dump ...
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The Justice Department's settlement with Citigroup offers $2.5 billion for "consumer relief." Critics say it will do nothing for those hurt most by the foreclosure crisis: people who lost their homes.
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While Banco Espirito Santo continues to exist on fumes and life support (that last ditch equity injection by Baupost a week ago may not have been Seth Klarman's wisest investment), a key link in the Espirito Santo Holding Company structu...
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Fed Chair says U.S. economy is getting stronger but sees room for labour and housing markets to improve
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Investors were closely monitoring testimony by Janet L. Yellen, the head of the Fed, before the Senate Banking Committee.
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Everyone knows that you "don't fight the Fed" - and sure enough, traders are selling momo, social media, and biotech stocks, sending the Russell 2000 ands Nasdaq to the lows of the day. Despite the best efforts of USDJPY momentum igniter...
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Read full story for latest details.
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Read full story for latest details.
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Eskom says that it is possible to avoid power cuts if everybody saves electricity, adding that people should also report illegal electricity connections.
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WASHINGTON (Reuters) - A gauge of U.S. consumer spending rose solidly in June, in the latest sign that the economy ended the second quarter on a firmer footing.
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Excise tax has left the industry in a dire state, says DIGI.
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On one hand Janet Yellen, Series 7, 63-certified, and a consummate expert on equity valuation said the following soothing words about market values: While prices of real estate, equities, and corporate bonds have risen appreciably and va...
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The Commerce Department said on Tuesday inventories increased 0.5 percent after rising 0.6 percent in April.
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The U.S. Fed chair told lawmakers today that a high degree of monetary policy accommodation was still needed. Here are the key takeaways
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NEW DELHI (Reuters) - India's top trade official said the government would not block the world's first global trade deal over lack of progress on food subsidy talks, clarifying New Delhi's stance...
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Presenting the Federal Reserve’s biannual report on monetary policy, the chairwoman said the economy was growing, but slowly.
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Inflation concerns about rising wages are unfounded, Pimco Chief Economist Paul McCulley tells CNBC.
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Fed Chair Janet Yellen will provide Congress with an update on the state of the economy, how rosy the future is, why she needs to keep rates lower for longer, and that there are no bubbles (oh apart from in bonds which everyone should se...
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The money raised by banks through long-term bonds for loans to infrastructure firms and affordable-housing projects will be exempt from cash reserve ratio (CRR) and statutory liquidity ratio (SLR) requirements that other bank deposits ar...
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Perhaps the only thing more surprising that someone actually needed a poll to "discover" how the world feels regarding the NSA constant snooping of every form of electronic communication, is that a majority of the respondents in India, N...
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STRASBOURG France (Reuters) - Jean-Claude Juncker won broad endorsement from the European Parliament on Tuesday to be the next head of the executive European Commission after setting out a "grand...
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UK central bank policymakers fret about the lack of market volatility in response to global flashpoints.
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British energy companies are under pressure to improve the way they announce outages or capacity reductions.
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SA’s tourism business performance dipped in the second quarter, with actual performance somewhat worse than expected, according to an index.
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People with mental health problems who smoke cost the UK economy £2.34 billion, according to new research. But why is smoking so prevalent in this group? People with mental health problems are more likely to smoke, and smoke more heavily...
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From OpenEurope Juncker approved, Hague out, Lord Hill to Brussels: what does it mean? This morning and last night saw three developments with importance for the UK’s Europe debate: William Hague resigned as Foreign Secretary, replaced b...
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But details of the Commerce Department report suggest the economy was on a solid footing at the end of the second quarter.
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Prices rise 6.9 per cent; sales rose 0.8 per cent from May on a seasonally-adjusted basis, and were 11.2 per cent higher than a year earlier
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US fighter jet sale remains on the table as Qatar seeks to boost its defence capability.
