News

CARPE DIEM: Corporate Profits Surge to Record High in Q2 Corporate profits in the second quarter (both nominal and inflation-adjusted using the business sector price deflator) reached all-time record highs…

Dollar is mostly firmer against the majors as recent risk rally stalls; US NFP is major focus today. Euro zone jitters pick up after troika suspends Greek talks temporarily; Italy also back in focus. EM sentiment remains poor after Brazil…

Jack the Ripper: First picture of George Feigenbaum | Mail Online (tags: history rape crime britain) 25 Big Corp CEOs Made More Than Their Companies Paid in…

Gonzalo Lira: Mr. Cheney's Victory Lap (tags: cheney torture media) Motorola deal offers Google tax, patent benefits | Reuters FAIRFIELD,…

Fed's Evans favors strong policy accommodation | Reuters (Reuters) - Chicago Federal Reserve Bank President Charles Evans said on Tuesday he favored strong central bank accommodation for a substantial…

Dollar firmer across the board amid month end repositioning; US futures suggest modest decline. Markets likely to remain sensitive to DM economic data; Case-Shiller & FOMC minutes are key today. EM continues trade directionless for now…

Joseph Stiglitz: US-Ökonom fordert von EZB billigeres Geld - Konjunktur - Politik - Handelsblatt Der Mittelstand in den USA kommt kaum an Kredite (tags: small-business credit)…

Friday’s shift in sentiment spills over into Asian and European sessions; dollar broadly weaker. This week’s attention shifts back to US and EZ data; Japanese select sixth PM (Noda) in five years. Chinese shares were laggard in EM rally…

Reports that hedge funds, with almost no tolerance for short-term pain, have opened the biggest net short positions since early 2008 has driven a relatively low volume short covering rally. We even heard predictions of a 400 point drop…

Noahpinion: Japan's low unemployment is easily explained (tags: japan jobs gender wages) Merkel attacked over eurozone crisis stance by ex-mentor Kohl -…