Jobless Tap Disability Fund, Damian Paletta and Dionne Searcey, The Wall Street Journal Farming practices threaten widely grown corn crop, Rick Callahan, USA Today Krugman v. Krugman, Alex Tabarrok, Marginal Revolution Car Makers Gauge Shift In China's Auto Policy, Sharon Terlep, The Wall Street Journal … [Read more...]
U.S. Tax Structure `Wrong,’ Martin Feldstein Says
Jan. 3 (Bloomberg) -- Martin Feldstein, a professor at Harvard University, talks about the U.S. fiscal policy and tax system. He speaks with Tom Keene on Bloomberg Radio's "Surveillance." (Source: Bloomberg) … [Read more...]
What We’re Reading 12-23-11
France wants tougher HFT regulation, Jeremy Grant and Philip Stafford, Financial Times The ugly side of ultra-cheap money, Bill Gross, Financial Times Wells Fargo Fined by Finra Selling Structured Notes to Aged, Matt Robinson and Zeke Faux, Bloomberg The Cellulosic Ethanol Debacle, The Wall Street Journal … [Read more...]
China’s Empty Cities
Home Depot Founders: Housing & Economy
Annuities Are Challenged
The realities of annuities are being revealed to both buyers and sellers as interest rates in the United States creep along near 0%. Sellers are finding it harder to live up to promises of guaranteed return rates, and buyers are finding it harder to believe them. As the Wall Street Journal’s Hester Plumridge writes, on Wednesday, ING Group “booked a €1 billion ($1.34 billion) charge to cover higher-than-expected liabilities on U.S. variable annuities.” Insurance companies have made a fortune selling annuities to unwary investors looking for what were described as “guaranteed” returns. As a … [Read more...]
What We’re Reading 12-9-11
The 'Financial Repression' Trap, Kevin Warsh, The Wall Street Journal The Economic and Employment Contributions of Shale Gas in the US, IHS Tax Rates, Inequality and the 1%, Alan Reynolds, The Wall Street Journal Absolute Certainty Is Not Scientific, Daniel B. Botkin, The Wall Street Journal … [Read more...]
Fed Loans to Big Banks Undisclosed to Congress
"Bloomberg's Bob Ivry reports on how bankers failed to mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. He speaks with Erik Schatzker on Bloomberg Television's 'InsideTrack.'" (Source: Bloomberg) … [Read more...]
What We’re Reading 11-23-11
Worst-performing stocks of the year down more than 50%, Matt Krantz, USA Today The 32 Rules of Thanksgiving Touch Football, Jason Gay, The Wall Street Journal Central bank gold buying at 40-year high, Jack Farchy, Financial Times … [Read more...]
Billionaire Harold Hamm on the Bakken Shale
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