IMF: Central Banks Face Steep ...

May 17, 2013 by

IMF: Central Banks Face Steep Losses as They Pull Back

Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers...

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Stock Market Gains Show Signs ...

May 17, 2013 by

Stock Market Gains Show Signs of Wear

Stocks head into Friday with a 1 percent gain for the week so far, but traders are increasingly seeing signs of wear, particularly as...

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Struggling JC Penney Reports B...

May 17, 2013 by

Struggling JC Penney Reports Bigger Loss Than Expected

Struggling department-store retailer JC Penney on Thursday reported operating margins plunged in the first quarter on weak sales and...

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Recession Will Haunt Gen-X Int...

May 17, 2013 by

Recession Will Haunt Gen-X Into Retirement

The Great Recession hurt a lot of people and this loss of wealth will follow millions into retirement, according to a report released...

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Soros Cut Gold ETF Holdings Be...

May 17, 2013 by

Soros Cut Gold ETF Holdings Before Price Crash

George Soros, founder and chairman of Soros Fund Management reduced his holdings of exchange-traded products backed by gold before a...

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From Brooklyn to California, H...

May 16, 2013 by

From Brooklyn to California, Housing Bubble Threat Grows

Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging.  An...

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Why Currencies Aren’t Go...

May 16, 2013 by

Why Currencies Aren’t Going Where They Should Be

Having broken through the 100 mark, U.S. dollar/yen has just kept on going. The recent Group of Seven (G-7) meeting gave no reason...

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Vanguard’s Bogle: Americ...

May 15, 2013 by

Vanguard’s Bogle: America’s Retirement System Facing a ‘Train Wreck’

Without corrective action the U.S. retirement system is headed for a “train wreck,” according to John C....

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