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Less than a day after Spain disclosed that its unemployment rate reached 24.6% in the second quarter, and just weaks after its neighbors agreed to bailout of its troubled banks, the IMF issued an...
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Another nail in the coffin of the outlook of China’s economy was pounded in by the International Monetary Fund. The sentiment about the near-term future of gross domestic product and exports in the...
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Government policies aimed at reducing a household’s debt relative to its assets—and its debt service payments relative to its income—could be an inexpensive way to mitigate the negative effects...
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The IMF released its white paper on Euro-area policy on June 7. The document argued for growth more than austerity. There were road maps for each approach, but these are, as many economists have...
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Instead of keeping his opinions to himself, the head of the IMF decided to pass along depressing news as Europe released several pieces of downbeat data including poor results for EU Q4 GDP.“The...
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The Inquirer and a columnist at PBS are reporting that IBM (IBM) may be plannning to lay off as many as 100,000 to 150,000 members of its US workforce. The reason would be that most of them could be...
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No one in his right mind wants to buy Washington Mutual (WM), but it does have some juicy pieces which would make nice additions at several other large financial firms. That leaves open the question...
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Cisco Systems joins other large tech firms in firing workers this year. In Cisco's case, it is due to the company's poor financial results.
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Some see NASA’s newest rocket as a colossal waste of money, little more than pork-barrel politics.
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The IMF's World Economic Outlook Update finds the global and U.S. economies in good shape but offered some new warnings.
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The new IMF annual report carries the title “Working Together to Support Global Recovery.” The document contains all of the content that most annual reports do about mission and profits, as...
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It is hard for a company to have such poor prospects that its shares trade near a 52-week low while the overall stock market stands at multiyear highs. But some of these public corporations, which...
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Source: Courtesy of Twitter Inc.Twitter Inc. (NYSE: TWTR) was one social media earnings report we were highly awaiting, and now the stock went into blast off mode. Twitter was expected to lose a...
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Zogenix has announced an agreement for the sale of its Zohydro ER (hydrocodone bitartrate) business to Pernix for $100 million.
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Source: ThinkstockParis-based Criteo SA (NASDAQ: CRTO) held its initial public offering (IPO) this morning, selling 8.08 million American Depositary Shares (ADS) at an IPO price of $31 per ADS. One...
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