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Germany’s New Energy Policy Is In Tatters
Article By:
Acting Man
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Tuesday, April 29, 2014 11:48 AM EDT
Switching off all nuclear plants in Germany on account of a tsunami in Japan wasn't only a bad idea because Germany is a lot less tsunami-prone than Nippon.
Consumer Confidence Falls Slightly In April
Article By:
Doug Short
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Tuesday, April 29, 2014 11:34 AM EDT
The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through April 17. The 82.3 reading was below the 83.0 forecast of Investing.com and 1.6 below the March 83.9 (previously reported at 82.3).
Here's A Critical Stat For Zinc
Article By:
OilPrice
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Tuesday, April 29, 2014 10:44 AM EDT
Very interesting data point on zinc last week. Courtesy of industry consultants CHR Metals. These analysts calculated the average cost of zinc production across the mining industry. And came up with a conclusion that might surprise many observers.
In this article: GLEN.L
Toyota Waves Good-Bye To Taxifornia
Article By:
Acting Man
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Tuesday, April 29, 2014 9:46 AM EDT
In the US, it is frequently demonstrated why political competition is so much better than the 'tax harmonization' and similar centralization plans pursued by the socialist bureaucrats of the EU.
In this article: TM
Obama’s Secret Pipeline
Article By:
Casey Research
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Tuesday, April 29, 2014 9:35 AM EDT
Isn’t it odd that an 800-mile pipeline that runs across environmentally sensitive land has been permitted without any mention in the media? Not a word about it from President Obama either.
The Real Unemployment Rate: In 20% Of American Families, EVERYONE Is Unemployed
Article By:
Michael Snyder
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Tuesday, April 29, 2014 9:19 AM EDT
According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working.
America's Nine Classes: The New Class Hierarchy
Article By:
Charles Hugh Smith
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Tuesday, April 29, 2014 8:01 AM EDT
There are many ways to slice and dice America's power/wealth hierarchy. The conventional class structure is divided along the lines of income, i.e. the wealthy, upper middle class, middle class, lower middle class and the poor.
Iron Ore Prices Tumble As China Crackdown Begins
Article By:
Tyler Durden
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Tuesday, April 29, 2014 7:50 AM EDT
After the initial crash in many of the commodities backing China's shadow-banking system's ponzi, levels recovered modestly as rumors were spread of bailouts, stimulus, and in fact the exact opposite of what the Chinese government had declared it was trying to do.
Gasoline Price Update: Twelfth Week Of Increases
Article By:
Doug Short
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Tuesday, April 29, 2014 7:43 AM EDT
It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium are up 3 cents, the twelfth week of increases.
Stratfor: The U.S. Opts For Ineffective Sanctions On Russia
Article By:
Global Economic Intersection
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Tuesday, April 29, 2014 7:32 AM EDT
The United States announced new sanctions on seven Russian government officials April 28. A long-used tactic, sanctions can yield unpredictable effects or have no effect at all, depending upon how they are crafted.
Average Retirement Age In America Hits Record High
Article By:
Tyler Durden
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Tuesday, April 29, 2014 6:37 AM EDT
The average age at which U.S. retirees report retiring is 62, the highest Gallup has found since first asking Americans this question in 1991.
Abenomics' False Promise
Article By:
Global Economic Intersection
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Tuesday, April 29, 2014 6:04 AM EDT
Abenomics took Japan and the rest of the world by storm, with the promise that two lost decades of economic morosity and lack of political leadership had come to an end.
AAA: Shale Boom Keeps High Gas Prices From Going Higher
Article By:
OilPrice
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Monday, April 28, 2014 9:23 PM EDT
According to the American Automobile Association (AAA), though high gasoline prices are still frustrating U.S. drivers, things would be even worse if the country weren't in the midst of a shale oil boom. About 40 cents higher for a gallon of gas.
But Our Bankers Aren’t Oligarchs
Article By:
Marvin R Clark
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Monday, April 28, 2014 6:10 PM EDT
This should be an interesting week. On Wednesday, the Federal Reserve’s Federal Open Market Committee, the FOMC, will meet to determine monetary policy; a statement will be issued Wednesday. On Friday, we’ll have the monthly jobs report.