RBA Holds Key Rate at Record-Low 2.5% After Currency Eases Bloomberg Australia's central bank left its benchmark interest rate unchanged at a record low and said the currency is "still uncomfortably high," even after a 4 percent decline since its previous meeting. Governor Glenn Stevens and his board kept the overnight cash-rate ... | |
Thanksgiving shopping becomes social, but spending down USA TODAY Thanksgiving night shopping looked like a new family tradition this year as stores opened earlier and consumers took advantage of the extra time to spread out their Black Friday shopping. The Thursday-through-Sunday tally, though, was less buying overall, ... | |
Apple Buys Topsy, a Social Media Analytics Firm New York Times SAN FRANCISCO — Apple is not known for being social — rather, it is known for being buttoned up about everything it does. But on Monday, the company confirmed that it had bought Topsy Labs, a research company that could help Apple better understand ... | |
Chinese Stocks Sink on IPOs as Kiwi Rallies, Baht Drops Bloomberg Chinese stocks fell, with a gauge of small companies tumbling by a record, after the government said it will resume initial public offerings. The Australian and New Zealand dollars strengthened as manufacturing in Asia rebounded, while the Thai baht slid on ... | |
Supreme Court Won't Review NY Sales-Tax Law for Online Retailers Wall Street Journal WASHINGTON—The U.S. Supreme Court declined to intervene in the long-running battle over whether states can force online retailers to collect sales taxes, leaving consumers in many states to enjoy tax-free Internet shopping while others must pay up when ... | |
BOJ's Kuroda unwavering on inflation goal as Japan capex rises Reuters NAGOYA/TOKYO, Japan (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday he saw no need to water down the bank's commitment to achieve 2 percent inflation in two years, stressing that the country was on track to meet the target despite ... | |
Madoff's Right-Hand Man Ready to Take the Stand ABC News The way Frank DiPascali tells it, Bernard Madoff planted the seeds of deception for his $17 billion Ponzi scheme back in the 1970s, when his firm was in a small office at 110 Wall Street. Madoff "would very loudly proclaim" that he had made a killing on an ... | |
Fed Approves New Goldman Sachs, JPM Capital Plans Fox Business The Federal Reserve on Monday said it approved new capital plans by Goldman Sachs (GS) and JPMorgan Chase (JPM), after initially ordering the banks to fix flaws in their capital planning processes. The plans are part of the stress-testing regime meant to ... | |
Administration says ObamaCare site 'vastly improved', lawmakers remain wary Fox News FILE: Oct. 2, 2013: A man looks over the Affordable Care Act signup page on the HealthCare.gov website in New York.REUTERS. ADVERTISEMENT. Democratic and Republican lawmakers were circumspect Sunday about the Obama administration's ... | |
Cost of '12 Days of Christmas' items Washington Post PITTSBURGH — Prices of items in the Christmas carol "The Twelve Days of Christmas," according to PNC Wealth Management: —Partridge, $15; last year: same. ARLINGTON, VA - NOVEMBER 27: Franz Walkup cradles 'Ranger', a puppy ... | |
Mariano's owner Roundy's buying 11 Dominick's stores Chicago Tribune Milwaukee-based Roundy's, owner of Mariano's grocery stores, said Monday it is buying 11 Dominick's stores in the Chicago area. The deal is worth $36 million. The stores are expected to be converted into Mariano's within a month or two after the deal ... | |
Venezuelan oil diplomacy curbed by economic crisis U.S. News & World Report CARACAS, Venezuela (AP) — The late President Hugo Chavez's dream of leveraging Venezuela's oil wealth to spread revolution across Latin America is crumbling under the weight of an economic crisis that is forcing his hand-picked successor to cut back ... | |
US approves Microsoft purchase of Nokia's mobile business Economic Times The next step will be for the companies to win approval in Europe for the proposed $7.3 billion transaction. ET SPECIAL: Save precious time tracking your investments. WASHINGTON: U.S. antitrust regulators have approved Microsoft Corp's deal to buy Nokia ... | |
Long on Cutting Edge of Print, New York Magazine Cuts Back New York Times Since its founding in 1968, New York magazine has served as a prototype of literate, high-tempo publishing, using its weekly cadence and location in one of the world's cultural capitals to usher in a new, more intimate and frank approach to what a publication ... | |
Manufacturing index rises as plant orders grow Buffalo News In today's retail world, every day is Cyber Monday.Just ask any bricks-and-mortar retailer who laments their loss of market share to a website ... Read more » · Opinion · Editorials · Viewpoints · Another Voice · My View · Letters to the Editor ... | |
Wage Strikes Planned at Fast-Food Outlets New York Times Seeking to increase pressure on McDonald's, Wendy's and other fast-food restaurants, organizers of a movement demanding a $15-an-hour wage for fast-food workers say they will sponsor one-day strikes in 100 cities on Thursday and protest activities in 100 ... | |
Britons Set to Break Online Spending Records on Cyber Monday Businessweek John Lewis Partnership Plc, the U.K. department-store chain which generates online sales exceeding 1 billion pounds a year, expects Apple Inc.'s iPad tablets, cashmere items and Ugg boots to top Cyber Monday shopping lists. Photographer: Simon ... | |
REAL ESTATE: Mortgage insurance policy regulations overhauled Press-Enterprise Fannie Mae and Freddie Mac, working with the mortgage industry, have completed a major overhaul of mortgage insurance requirements in a new master policy, the Federal Housing Finance Agency said. Developed with FHFA oversight, the recast policy ... | |
A higher minimum wage is the tonic America needs Financial Times Imagine receiving the following note from your boss: try to eat two small meals instead of one big one, sell your unopened holiday gifts on eBay for cash and please stop complaining – it is bad for your stress levels. That was what burger chain McDonald's ... | |
Record crowds shop over holiday weekend, but spending declines Boston.com President Barack Obama, with daughters Sasha, center, and Malia, pays for his The Associated Press President Barack Obama, with daughters Sasha, center, and Malia, pays for his purchase the the local bookstore Politics and Prose in northwest ... | |
Shanghai shares decline on IPO reforms; PMI in focus CNBC.com Mainland shares pared losses on Monday following a volatile session that saw it drop 1.6 percent as fears over reforms in the country's initial public offering (IPO) market overshadowed better-than-expected manufacturing data. The rest of Asian equities also ... | |
White House Praises Gains on Health Site New York Times Weeks of frantic technical work appear to have made the government's health care website easier for consumers to use. But that does not mean everyone who signs up for insurance can enroll in a health plan. Enlarge This Image ... | |
Key Ruling Looms in Detroit Wall Street Journal DETROIT—A crucial court ruling is expected this week on Detroit's eligibility for bankruptcy, but the legal battle over the city's future is likely far from over. Many experts predict federal bankruptcy Judge Steven Rhodes will decide on Tuesday that Detroit can ... | |
UPDATE 3-Turkey to seek Baghdad's consent for Iraqi Kurdish oil Reuters ... Print. * Both sides say Baghdad's consent needed for oil exports. * Turkey seeks oil from Iraq's Kurdish northern region. * Baghdad says deals between Turkey and Iraqi Kurds illegal (Recasts with joint news conference). By Raheem Salman. BAGHDAD ... | |
Treasury Auctions Set for the Week of Dec. 2 New York Times The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ... | |
Dollar Falls as Investors Await Heavy US Data Week Wall Street Journal The dollar succumbed to profit-taking after setting a fresh six-month high against the yen on Monday in Asia as investors awaited a series of major U.S. economic indicators to be released this week. The greenback hit a fresh half-year high of Y102.65 earlier in ... | |
Nobel Prize economist warns of US stock market bubble Reuters BERLIN Dec 1 (Reuters) - An American who won this year's Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine. Robert Shiller, who won the ... | |
I'm Changing My Mind About Bitcoin San Francisco Chronicle joe weisenthal I'm changing my mind about Bitcoin. I used to think it was a joke or at best a currency for clowns. Now, I no longer think that. Now, I don't know what its future is. Here, let me explain. I've gone through two phrases writing about the ... | |
Changes to the Commute New York Times At 5 a.m. Monday, the Metropolitan Transportation Authority will begin a bus shuttle between the Yonkers station and the 242nd Street station, on the No. 1 subway line. Hudson line passes will be cross-honored on the subway. The authority encouraged ... | |
Failure of Co-op bid was not evidence of system 'working' Financial Times Sir, As someone involved in setting up NBNK and its bid for the Lloyds Verde branches, I have to take issue with UK chancellor of the exchequer George Osborne's view (Report, November 26) that Treasury backing for the Co-op's competing bid was "beside ... | |
Tesla Motors Inc (TSLA) Tops List Again For Overwriting ValueWalk Since November expiration, we estimate the average US stock with liquid options is up 0.7%; overwriting with 10% OTM 1-month options has outperformed by 5bps, while put selling outperformed by 23bps. Over the past month, 1-month implied volatility on ... | |
HealthCare.gov December 1, 2013 Progress and Performance Report Sierra Sun Times December 1, 2013 - In mid-October, the Obama administration conducted an assessment of the site HealthCare.gov. The assessment was conducted by experts from across government and private sector. The team identified the problems and necessary fixes ... | |
Hilton chases meetings to make up for dwindling convention business The Columbian The McLean, Va.-based hotel company last week debuted a program to keep up with growing demand for meetings of fewer than 25 attendees. Meetings Simplified, a new online system with a pared-down pricing structure, helps planners quickly book ... | |
Business Agenda: Business Postscript: Bank takes air out of housing bubble ... HispanicBusiness.com One of the perceived challenges of this period of extraordinary monetary stimulus is: when do you pull out? Last week we saw a small part of that dilemma playing out as the governor of the Bank of England reined in the mortgage market, as he sought to ... | |
New York City commuters warned of delays following train derailment Daily News & Analysis Service was suspended on the railroad's Hudson line, which serves 26,000 on an average weekday, between the village of Tarrytown and Manhattan's Grand Central Terminal. Emergency workers examine the site of a Metro-North train derailment in the ... | |
India stock index futures signal flat open Myiris.com Indian equities are likely to open flat tracking mixed global markets on Monday, December 2, 2013. SGX Nifty is trading at 6,235.5 (07.50 am), 7.5 points higher than Friday's close of 6,228. Asian stocks are trading mixed in early trade on Monday. Japanese ... | |
Troika bails on Greece meeting as 2014 budget doubts emerge CITY A.M. THE TROIKA of Greece's international lenders will delay a visit to Greece that was planned for this week, casting doubt over the country's 2014 budget. Over the weekend, finance minister Yannis Stournaras confirmed that the International Monetary Fund ... | |
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