austerity
Source: Thinkstock24/7 Wall St. tries to evaluate what the cost of each major holiday will be, or what the economic contribution is. The National Retail Federation tallies each holiday up using data...
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Source: Jon OggThe markets closed out the first quarter of 2013 with a big rally and the bulls seem to remain in charge. The Dow Jones Industrial Average (DJIA) is up more than 11% and the S&P 500 is...
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The Cypriot parliament has just voted against stealing assets from depositors to fund the nation's bailout of its banking system. This is good news as it sends a message to the European Union that...
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Source: ThinkstockBond yields have risen over the past month or two, and many investors expected those yields to keep rising. That was before Monday. The latest European debacle in Cyprus wanting...
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Source: courtesy of USPSThere are always some interesting factoids in various industries and sectors in each monthly breakdown of the Employment Situation from the Bureau of Labor Statistics....
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Source: ThinkstockYou have heard of all sorts of bubbles in the financial world. There are instances like the housing bubble, a bond bubble, the dot-com bubble, the tech bubble, the private equity...
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Source: ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share...
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Source: Jon OggPresident Obama gave his speech today about the spending sequestration kicking in. We are going to skip the politics on the matter because frankly we have developed something called...
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Source: ThinkstockEuro area unemployment rose again, a sign that austerity has not helped alleviate economic markets and likely has caused an erosion of jobs. According to Eurostat figures:The...
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Source: ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the...
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Source: ThinkstockThe masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work.Greeks staged a large national strike...
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Source: ThinkstockAs Fat Tuesday quickly turns into Ash Wednesday, Lent will take place from Wednesday, February 13 to Saturday, March 30 in 2013. It may not seem like much on the surface, but this...
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Source: ThinkstockU.K. Prime Minister David Cameron prevailed in his determination to reduce the European Union’s (EU) seven-year project budget, the first time in the 27-member group’s history...
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Source: ThinkstockThe austerity philosophy of U.K. leaders is about to insinuate itself into the European Union budget, which already covers a region in which national austerity has become a habit,...
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Source: ThinkstockJust as U.K. Prime Minister David William Donald Cameron announced his future plans for his country’s membership in the European Union, there are signs that his austerity plans...
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