Economy & Politics


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  • Asian Factories Slow In September, Push Inflation Ever Lower

    Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year. The lackluster performance helped lift the U.S.... Read More >>

    China September Factory Activity Steadies But Economic Outlook Still Weak

    Growth in China's manufacturing sector held up in September but remained subdued in a sign that the world's second-largest economy is still struggling to recover its growth momentum. The official Purchasing Managers' Index (PMI) hovered at 51.1, the... Read More >>

    Argentina Defies U.S. Court Order By Depositing Debt Payment

    Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations. The... Read More >>

    Yellen And The Fed’s TMI Problem

    As the Fed prepares to exit its aggressive bond-buying program this month, it will keep interest rates at record lows during the FOMC meeting Oct. 28. We know that, because Fed Chair Janet Yellen has told us — repeatedly. Like her predecessor, Ben... Read More >>

    FCC Eliminates NFL Blackout Rules

    The Federal Communications Commission said Tuesday it repealed its sports blackout rule for the National Football League, eliminating a decades-old ban on airing local games that were not sold out. The rule change may not trigger significant changes for... Read More >>

    Connecticut Governor’s Sandy Hook Panel Recommends New Restrictions On Homeschooling

    Connecticut parents who’ve chosen to homeschool their children would be faced with a new layer of bureaucracy and state regulation, if a new legislative proposal from the governor’s Sandy Hook Advisory Commission succeeds. The Connecticut Post reported... Read More >>

    Groups Call On Obama To Undo His Administration’s Damage To Freedom Of Information Laws

    A group of government transparency advocates delivered a letter to the White House Monday calling on the Obama administration to do away with its policy of reviewing Freedom of Information Act requests determined by the executive to contain “White House... Read More >>

    GOP Gaining Momentum In Key Senate Races

    A series of electoral forecasting models are predicting that the likelihood of Republicans winning enough seats to take the Senate this fall is growing. Prognosticators have credited momentum in GOP races in Alaska, Colorado and Iowa as the driving force... Read More >>

    Terror In The Heartland Due To ‘Workplace Violence’

    It wasn’t an act of terrorism; it was “workplace violence.” It wasn’t motivated by Islam; it was motivated by the loss of a job. It wasn’t racism; it was rage. When Alton Nolen roared through the door of Vaughan Foods in Moore, Oklahoma, last... Read More >>

    Eurozone Inflation Drops To Fresh 5 Year Low, EURUSD Tumbles

    Anyone confused why futures are doing their best to surge in the overnight session, the answer is simple: first it was Japan reporting the latest batch of atrocious economic data, which an hour ago was followed by Europe own abysmal econofreakshow, where... Read More >>

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