The governor of the Bank of Japan wants to tighten monetary policy. For six years interest rates were kept at zero as the country was in a recession and a banking crisis, the BoJ did raise rates in July 2006 and February 2007 but they remain only at...
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The Pew research center has come out with its annual survey.
The Pew Research Center is a “fact tank” based in Washington, D.C., that provides information on the issues, attitudes and trends shaping the USA and the world. The Center and its...
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According to the just released 2005 FTC Consumer Fraud Survey, an estimated 30.2 million Americans were victims of fraud last year, which is about 13.5% of the adult population. The type of frauds are ranked as follows:
10. Business Opportunities: .8...
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Berkshire Hathaway a one-time New England cotton-mill operator that Warren Buffett transformed over 40 years into a multifaceted $185 billion colossus, has succeeded last year’s winner, Johnson & Johnson, and 2005’s first-place...
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There is a boom in state laws requiring divestment from Iran. Federal law has long prohibited Americans from doing direct business with Iran. But many mutual funds and pension funds hold shares in foreign companies, mostly European, that do business...
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Its Final then, The Royal Bank of Scotland (RBS), Spain’s Santander and Fortis, a Belgian-Dutch bank, together claimed victory this week in the battle for ABN AMRO, a Dutch bank. The bosses of the Royal Bank of Scotland (RBS), Spain’s...
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The Economist reports that after a sudden market panic, all is well. Prices did drop, but investors have come to see that the Federal Reserve, under its new chairman, will not let the economy slide. Normality has been restored.
Despite bad news from...
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The Hershey Co., largest candymaker of the US, said on Thursday that its third-quarter profit tumbled 66 percent as it spent heavily to streamline its operations and struggled with aggressive competition and slackening sales.
The Hershey Company, until...
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General Motors on Thursday reported that its third-quarter global sales rose 4 percent to 2.38 million cars and trucks as it tries to retake the worldwide sales lead from Toyota.
The figure was fueled by sales increases in emerging markets outside the...
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Baxter International Inc. said its third-quarter profits rose 6 percent on strong sales of its hemophilia therapy, beating Wall Street forecasts and prompting the drug maker Thursday to boost full-year financial targets.
Baxter International Inc.is a...
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