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The Breakdown Of China's Crisis And The World's Greek 'Pimple'
Wednesday, July 8, 2015 - 1:39pm | 864It's safe to say that Chinese markets are in the midst of a crisis. And that's probably the only thing safe about the country's economy right now, which some are comparing to the United States circa 1929. The Shanghai Composite Index has plummeted 28 percent since mid-June, after 150 percent...
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The Greek Crisis: Why Russia Doesn't Matter
Monday, June 22, 2015 - 8:18am | 1018The Associated Press reported Friday morning that Russia was actively considering extending financial aid to Greece. "If the Greeks ask for a loan then we will consider it, but they have not yet asked," Russian President Vladimir Putin's spokesperson, Dmitry Peskov, told the AP...
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Expert Roundtable: Is The Fed Just 'Kicking The Can Down The Road'?
Thursday, June 18, 2015 - 10:20am | 714The Federal Open Market Commission released its updated economic projections for the next two years on Wednesday, slashing GDP forecasts for 2015, while showing a mildly hawkish medium-to-long-term outlook on the economy. Meanwhile, the Federal Reserve announced that it would keep interest...
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Economist: 2 Rate Hikes This Year, But Greece Is Wild Card
Wednesday, June 17, 2015 - 5:26pm | 401Two interest rate hikes would be appropriate this year and at least two more in early 2016, an economist said Wednesday, citing current economic conditions. Joe Brusuelas, chief economist for the New York tax and consulting service McGladrey LLP, said one thing that might derail a September...
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Everything You Need To Know Before Today's Fed Announcement
Wednesday, June 17, 2015 - 1:11pm | 544At 2 p.m. this afternoon, the Federal Open Market Committee will release its economic projections for the upcoming two years. More importantly, the central bank will announce whether or not it will move to raise interest rates this month and likely hint at the timing of future increases. Short-...
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Economist: Here's Why Average Hourly Earnings Will Pick Up
Thursday, June 4, 2015 - 1:48pm | 156Welcome to the June 3rd edition of This Week on Estimize - Economics. Once again, the team is joined by the Chief Economist of McGladrey, Joe Brusuelas. In this episode Leigh and Joe discuss the potential of a minimum wage increase, how retail sales no longer fully represent activity in...
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What To Watch For In April's Employment Numbers
Thursday, May 7, 2015 - 5:02pm | 352Friday morning, Wall Street’s eyes will collectively be fixated on the April employment report due out at 8:30 a.m. ET. After a disappointing March number, the April jobs report could provide some clarity about the timetable for the Federal Reserve’s first interest rate hike. Here...
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How A Detroit Startup Made Magic Happen In New York
Saturday, April 25, 2015 - 12:04pm | 1158For me, it started with a three-pronged approach: nurture relationships, forge new connections and do whatever was necessary to help the team set up the event. For Benzinga, it was a chance to create a dream guest list of attendees and have them all together in one place to create something not...