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Obama Budget Shows $1 Trillion Tax Gap With Republicans
*from www.bloomberg.com, April 11, 2013 (To view original article click here.)
Take Away #1: President Barack Obama and congressional Republicans are $1 trillion and a conceptual leap apart on taxes, a policy gap accentuated by the administration’s...
Fed Faces Risk of Fourth Summer Slump While Pushing QE
*from www.bloomberg.com, April 8, 2013 (To view original article click here.)
Take Away #1: This time, Federal Reserve policy makers are prepared for the summertime slump.
Key Facts and Figures:
During the past three years, the Fed planned...
Job Gains Slow Amid U.S. Unemployment at Four-Year Low
*from www.bloomberg.com, April 5, 2013 (To view original article click here.)
Take Away #1: U.S. employers hired fewer workers than forecast in March and a shrinking labor force pushed the unemployment rate down to the lowest in four years.
Key...
Small Business Employment Climbs by Most in a Year
*from www.reuters.com, April 3, 2013 (To view original article click here.)
Take Away #1: Small business employment grew in March by the most in a year.
Key Facts and Figures:
The National Federation of Independent Business said that employment...
GM, Ford, Chrysler Post Gains in March U.S. Deliveries
*from www.bloomberg.com, April 2, 2013 (To view original article click here.)
Take Away #1: Ford Motor Co and Chrysler Group LLC reported the best monthly sales in their home market since 2007, while General Motors Co. also sees a boost.
Key...
Economy in U.S. Grew at Revised 0.4% Pace in Fourth Quarter
*from www.bloomberg.com, Mar. 28, 2013 (To view original article click here.)
Take Away #1: The U.S. economy grew at a faster pace than previously estimated in the fourth quarter, reflecting a bigger gain in business spending and a smaller...
ECB Gives Cyprus Funding Deadline as New Plan Sought
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: Protests erupt outside Parliament as President Nicos Anastasiades maneuvered at home and in Russia to stave off financial collapse.
Key Facts and Figures:
Cypriot...
Fed Meeting: Bracing for Bernanke Buzzkill
*from www.money.cnn.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: Stocks are rallying, job growth is strengthening, and a housing recovery is well underway, but don’t expect the Fed to back away from its stimulus...
JPMorgan Sees Home Prices Up 14% as BofA Touts Party
*from www.bloomberg.com, Mar. 15, 2013 (To view original article click here.)
Take Away #1: Bernanke’s efforts to revive housing are making real estate bulls even more bullish as the two biggest U.S. banks predict an accelerating rebound.
Key...
Puerto Rico Beyond IRS Reach Woos Paulson-Sized Fortunes
*from www.bloomberg.com, Mar. 14, 2013 (To view original article click here.)
Take Away #1: Puerto Rico allows individuals and companies the chance to elude the IRS.
Key Facts and Figures:
Puerto Rico is a U.S. Territory but occupies a space...