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U.S. Personal incomes rose 0.4% in May and consumer spending was up 0.5%. U.S. Construction spending rose 0.9% MoM, but fell 2.2% YoY. Th...

The Federal Reserve kept the federal fund rate unchanged at 5.25%, as expected. U.S . GDP was up 0.7% in the first quarter of 2007. U.S. p...

Clinton Surpasses Obama in Site Traffic Race, Paul Rockets to First Hillary Clinton overtook Barack Obama in May, John Edwards and Rudy Giu...

U.S. Durable goods orders were down 2.8% in May, weaker than expected. YoY Retail sales in Japan were up 0.1% in May. Japan's industri...

China Industrial-Company Profits Climb 42 Percent Soaring profits help to fund the construction of factories and mines, raising the risk o...

The U.S. Census Bureau said new home sales were down 1.6% from April's pace, and down 21% YoY. This is the fourth drop in the past five ...

Bee Disease May Destroy Hives Worldwide, Ruin Crops Bloomberg) -- A malady that has decimated millions of honeybees and is threatening $14....

Growing concerns about the subprime mortgage market dragged down shares of Bear Stearns and Goldman Sachs The National Association of Real...

The Ifo Institute's index of business confidence in Germany fell from 108.6 to 107.0 in June. The USDA said that there were 11.272 mil...

``The problem is not what we see happening, but what we don't see,'' said Joseph Mason, associate professor of finance at Drexel...

Yen Reaches 4 1/2-Year Low Against Dollar; Carry Trades to Rise Japanese finance companies will market more than 1.5 trillion yen ($12.1 bil...

``It's an industry issue,'' What are their true prices? Investors from hedge funds to pension funds and foreign banks have snap...

U.S. Leading indicators rose 0.3% in May Retail sales in Canada were up 0.4% MoM and up 4.7 YoY. The DoE said that underground supplies of...

Sakakibara Says Bank of Japan Must Lift Rates to Strengthen Yen `` Japan 's interest rates are absurdly low and creating a carry trade b...

Bear Stearns Fund Collapse Sends Shock Through CDOs A sale would give banks, brokerages and investors the one thing they want to avoid : a r...

Leading indicators in Australia rose 6.7% YoY. Japan 's merchandise trade surplus rose 15.1% YoY. The U.S. DoE said that: Supplies of ...

Excluding Ron Paul After our call, I got to thinking about this Failor character: what kind of person running a "tax relief" orga...

U.S. Housing starts were down 2.1% MoM and down 26% YoY. Building permits were up 3% MoM. China sold $5.8 billion of U.S. T-bonds in April...

YoY Swiss industrial production rose 7.3%. Standard and Poor's raised credit ratings for three large Japan ese banks, citing improved ...

Housewives Outmaneuver UBS, Deutsche Bank in Yen Carry Trading In Japan, individuals have opened 600,000 so-called margin trading accounts a...

U.S.. Consumer prices rose 0.7% in May and 2.7% YoY. U.S. Industrial production was unchanged in May. U.S. Capacity utilization was 81.3%,...

U.S. producer prices rose 0.9% in May and up 4.1% YoY. U.K . Retail sales rose 0.4% in May and up 3.9% YoY. Consumer prices in the Euro a...

The Art of Being Rich Indians, Russians, Chinese - not to mention Americans and Englishmen - they are all throwing their money around like p...

Turkey is Poised for War against Iraq's Kurds Turkey is dangerously close to launching a full-scale war across its eastern border into ...

U.S . Retail sales were up 1.4% in May, stronger than expected. U.K .’s Unemployment rate unchanged at 5.5%. Canada 's manufacturing s...

China 's CPI rose 3.4% in May, more than expect, and the highest level in over 2 years. For the first eight months of the year, the U.S...

Corn, wheat futures shoot higher on supply worries "USDA cut the production estimate for the world by more than six million metric ton...

A slowdown in the United States' housing market may have knocked one percentage point off annual growth, but does not seem to have affec...

U.S. factory orders rose 0.3% in April, weaker than expected. YoY Japan 's capital spending rose 13.6% in the first quarter.

Half of humanity set to go urban In 1900, only 14% of humanity lived in cities. By the century's close, 47% of us did so. This change is...

Banks Sell 'Toxic Waste' CDOs to Calpers, Texas Teachers Fund `Lipstick on a Pig' Chriss Street, treasurer of Orange County, Ca...

U.S. unemployment rate remained at 4.5% The Institute of Supply Management's manufacturing index increased from 54.7 to 55.0 The Uni...

Barred From Testing for Mad Cow, Niche Meatpacker Loses Clients His staff was trained in testing for mad cow, using a machine that gives res...

As pork prices soar, Chinese put brakes on corn for ethanol Ethanol p roduction has put the Chinese government in an unpleasant bind, as fe...

U.S. GDP growth in the first quarter was 0.6%. YoY GDP was up 1.9% Chicago purchasing managers index rose from 52.9 to 61.7 U.S. Home pric...

The Mortgage Bankers' Association’s index of mortgage applications fell 7% as interest rates reached seven-month highs. Concerns about ...

All for the fight against global warming. Unless, that is, it drives up the price of his beer. And that is exactly what is happening to Mr....

U.S. Consumer confidence increased from 106.3 to 108.0 in May, stronger than expected. South Africa's Chamber of Mines said the nation...

Short Sales Break Record on NYSE; Market Bulls Get More Bullish May 29 (Bloomberg) -- Short sellers are betting against U.S. stocks like nev...

Lower gout risk for coffee lovers Drinking four or more cups of coffee a day may cut the risk of having a painful attack of gout, say Canad...

The National Association of Realtors reports U.S. existing home sales down 2.6% from March's pace and the lowest level in over three yea...

Bernanke Warned by Real Estate Analysts: Housing Collapse Is Much Worse Than You Say "The housing market has softened much more than is...

U.S. New home sales were up 16.2% from March's pace and stronger than expected. YoY new home sales are down 20%. New homes for sale in t...

Indians offer personal maths tuition on the web With private tutors costing £25-£50 an hour in Britain, Indian-based companies are now offe...

Canada' s leading indicators was up 0.4% Reuters - Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a ...

1 in 8 Iraqis dies before fifth birthday "Unfortunately, this is becoming common," said Saad Mehdi, 35, a pediatrician at Ibn Al-...

An index of investor confidence in Germany increased from 16.5 to 24.0 in May, the highest score in 11 months. The U.S. House of Represent...

The Chicago Fed index of national activity rose from -.11 to -.10 in April.

The Foreign Policy of Ron Paul Ron Paul has always believed that foreign and domestic policy should be conducted according to the same pri...