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U.S. GDP fell 0.2% in Q2 and 2.4% YoY YoY the U.S. employment cost index rose 1.8% in June. Chicago Purchasing Managers' index rose from...

U.S. jobless claims rose 25,000 last week to 584,000. Japan' s industrial production rose 2.4% in June -- and 8.3% in Q2 On this news c...

U.S . and Chinese economic leaders pledged to keep up stimulus efforts and to rein in trade and investment imbalances. U.S. durable goods or...

The Standard & Poor's/Case-Shiller's index of U.S. home prices rose 0.5% in May, but fell 17.1% YoY (17.9% expected) -- The firs...

Surging Profit Estimates Signal 26% Rally for S&P 500 (Bloomberg) -- Analysts are raising U.S. profit estimates for the first time since...

MoM U.S. New- home sales r ose 11% in June, the third increase in a row and more than expected. September lumber is steady to higher. German...

U.S. jobless claims rose 30,000 last week to 554,000. U.S. existing home sales rose 3.6% in June. There is currently a 9.4 month supply of h...

US Weekly Consumer Confidence out at -50 as expected US exports are forecast to fall 13.6% this year, but expected to rise 1.7% next year ...

Bernanke shed light on the Fed's exit strategy, but made clear to lawmakers that the economy remains too weak to start tightening moneta...

U.S. leading indicators rose 0.7% in June, better than expected. Canada ’s May Wholesale Sales dropped -0.3% UK July House Prices rose +0.6%...

Mobius Says China Market Value to Overtake U.S. in Three Years China’s market is valued at $3.2 trillion, compared with $11.2 trillion in th...

Fiscal ruin of the Western world beckons No doubt Ireland has been the victim of a savagely tight monetary policy e_SEmD given its specific ...

MoM U.S. Home construction unexpectedly rose 3.6% in June but fell 52% YoY Australia Q2 Import Price Index fell -6.4% QoQ China 's June...

U.S. jobless claims fell 47,000 last week to 522,000. The Philadelphia Federal Reserve's regional index of manufacturing fell from -2.2...

U.S. consumer prices rose 0.7% in June and fell 1.4% YoY. U.S. industrial production fell 0.4% in June. US June Capacity Utilization fell t...

Microsoft Research and Bill Gates Bring Historic Physics Lectures to Web Richard Feynman lectures delivered at Cornell University in 1964

The Great American Bubble Machine What you need to know is the big picture: If America is circling the drain, Goldman Sachs has found a way ...

U.S. retail sales rose 0.6% in June. Excluding autos, sales rose 0.3% U.S. producer prices rose 1.8% in June, but fell 4.6% YoY Industrial p...

Cash-strapped Boston zoo may be forced to close doors, euthanize animals

Spain seeks sunken treasure Gold bullion and silver treasure worth an estimated £85billion - the size of the nation's current budget sho...

New Zealand May Retail Sales rose 0.8% MoM Japan June Consumer Confidence rose to 38.1 from 36.3 in May Switzerland June Producer and Impor...

Europe digs its economic grave while the ECB answers to no one Nobody knows where the tipping point lies on public debt, though anything ab...

The U.S. trade deficit narrowed to $25.96 billion in May, its lowest level since November 1999 The University of Michigan's index of con...

Shipping Rates Will Decline After Record Rally, Survey Shows The cost of transporting coal, iron ore and grain by sea will decline this quar...

U.S. jobless claims fell 52,000 last week to 565,000. China ’s car sales rose 48%. (Bloomberg) China’s new lending more than doubled in Jun...

India May Face Drought if Monsoon is Weak "The window of opportunity for planting most kharif crops (rice, coarse grains, soybeans, pea...

The IMF expects the world economy to contract 1.4% in 09, but increase 2.5% in 2010. The IMF expects U.S. GDP to fall 2.6% in 09 and go up ...

A record 3.23% of U.S. consumer loans were late by 30 days or more, the most since records began in 1974. (Bloomberg) -- The Commodity Futu...

SPIEGEL INTERVIEW WITH HENRY KISSINGER 'Obama Is Like a Chess Player' Former US Secretary of State Henry Kissinger, 86, discusses th...

Stephen Hawking: "Humans Have Entered a New Stage of Evolution" The rate of biological evolution in humans is about a bit a year,c...

The U.S . Institute of Supply Management’s index of services rose from 44.0 to 47.0 in June Retail sales in the EU -27 fell 0.5% in May. Eur...

The unemployment timebomb is quietly ticking The Centre for Labour Market Studies (CLMS) in Boston says US unemployment is now 18.2pc, count...

The U.S. unemployment rate rose from 9.4% to 9.5% in June U.S. jobless claims were down 16,000 last week to 614,000. U.S. factory orders ros...

U.S. index of pending home sales rose 0.1% in May U.S. ISM index of manufacturing rose from 42.8 to 44.8 U.S. construction spending fell 0.9...

Standard & Poor's/Case Shiller index of U.S. home prices fell 0.6% MoM and 18.1% YoY U.K . GDP fell 4.9% Japan’ s unemployment rate...

Argentina faces having to import wheat "Since records started in Argentina more than 100 years ago there is not a single season with a ...

China's banks are an accident waiting to happen to every one of us The regime is so hellbent on meeting its growth target of 8pc that it...

Japan ’s May Retail Sales fell 2.8% YoY Japan’s Industrial output rose 5.9% in May, the third consecutive month of positive gain. The USDA s...

U.S. personal incomes rose 1.4% in May U.S. consumer spending rose 0.3%. U.S. savings rate rose 6.9%, the highest in 15 years. University of...

U.S. GDP fell 1.4% in Q1 and 2.5% YoY U.S. jobless claims rose 15,000 last week to 627,000. US Q1 Personal Consumption rose 1.4% vs. 1.5% ...

India Rains May Be Below Average, Worsening Dry Spell (Bloomberg) -- India’s monsoon rainfall, the main source of irrigation for the country...

(FT) The Organisation for Economic Co-operation and Development has revised its World Economic Outlook upwards for the first time in two yea...

U.S. existing home sales rose 2.4% to 4.77 million units in May -- less than expected. U.S. home prices fell 6.8% YoY and 0.1% MoM. (Reuters...

The World Bank expects world GDP to fall 2.9% in 2009, worse than the 1.7% predicted in March. They expect U.S. GDP to fall 3% and 4.5% in E...

Don't believe the hyperinflation hype - dare to make cuts "If Ben Bernanke and his officials are listening to this sort of stuff an...

California's unemployment rate climbed to 11.5% in May Moody's issued a downgrade warning to California. YoY Thailand 's exports...

China’s Suntech, Denmark’s Vestas Bet on Obama’s Green Energy “Most of the renewable energy industry worldwide believes that the U.S. will w...

U.S. jobless claims rose 3,000 last week to 608,000. The Philadelphia Federal Reserve's regional index of manufacturing rose from -22.6...

Suitcase With $134 Billion Puts Dollar on Edge: William Pesek The implications of the securities being legitimate would be bigger than inves...