financial news

From the U.S. Department of Labor: In the week ending Sept. 25, the advance figure for seasonally adjusted initial claims was 453,000, a decrease of 16,000 from the previous week's revised figure of 469,000. The 4-week moving average…

Highlights The US dollar remains on its back foot. The main driver remains the contrast between the likely trajectory of Fed policy in contrast to the ECB. Moody’s 1-notch downgrade of Spanish credit rating and news that Anglo-Irish needs…

International Tension FT.com / Columnists / Martin Wolf - Currencies clash in the new age of beggar-my-neighbour Retaliation is Likely - Carnegie Endowment for International Peace Anne Applebaum - China's quiet power grab Plaza…

Highlights The US dollar remains soft, but the downside momentum seen in recent days appears to be ebbing as new catalysts are awaited. The dollar’s slide is not over and bounces are expected to be shallow and short-lived. The main…

Topic of the day: Brazil En el gigante en ascenso tampoco está tudo bêm - lanacion.com Los secretos de Brasil: la receta de una potencia - lanacion.com PIMCO | Viewpoints - Brazilian Boom: Rising Infrastructure Spending Spurs Bond…

Highlights The US dollar initially extended yesterday’s recovery, but reverse lower in Europe, despite elevated tensions in the periphery of Europe. Optimistic comments by ECB’s Stark, seeming to signal another step on the exit strategy,…

  Memo USCIS on Administrative Alternatives to Comprehensive Immigration Reform SUPERillu.de | Kanzlerin zieht persönliche Bilanz der Einheit - Merkels langer Abschied von der »Kaufhalle« Chancellor Recalls Communist…

The Usual Fare FT.com - Miliband declares New Labour dead Richard Thaler - Economic View - Why the Rich Don’t Need a Tax-Cut Extension - NYTimes.com How to fix the US mortgage market | vox Wall Street's attacks could turn…

  On the Curious Timing and Content of Volcker’s Mislabeled “Blistering” Speech « naked capitalism Lewis Lapham on "the end of capitalism" - War Room - Salon.com White House Set to Defend Targeted Killing -…

Finance and Economy Volcker Spares No One in Broad Critique - Real Time Economics - WSJ Bloomberg Television Special on Summers Departure - Video - Bloomberg Inside Job: A Movie Wall Street is Sure to Hate « naked capitalism…