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The Dollar, Jobs and Interest Rates

Luis Ubiñas | Posted 10.06.2015 | Business
Luis Ubiñas

The Federal Reserve did not raise interest rates last month as many expected. Their reasons were understandable: one in 10 Americans remains unemployed, underemployed or so discouraged that they have fallen out of the labor force; and inflation remains consistently near zero.

Yen Falls As U.S. Watches Closely

Reuters | Posted 03.28.2014 | Business

By William Mallard TOKYO, Jan 27 (Reuters) - After falling by almost a fifth since Japanese Prime Minister Shinzo Abe came to power ju...

Japan: Chasing the Third Arrow of Abenomics

Lutfey Siddiqi | Posted 10.26.2013 | World
Lutfey Siddiqi

It is no wonder that Japan greets Abenomics with caution. At a retail level, people have held deflationary expectations for years and at a professional level, fund managers and corporations have seen unstable governments come and go.

Will What Happens in Japan Stay in Japan?

Mohamed A. El-Erian | Posted 03.18.2013 | Business
Mohamed A. El-Erian

Paul Krugman is right: Japan is attempting a paradigm policy shift with potential systemic implications; and sustainability and success are not certain. The outcome, still too early to tell, will be consequential for Japanese society and the global economy as a whole.

The Top 2 ETF's to Buy in 2013

James Berman | Posted 12.31.2012 | Business
James Berman

As a contrarian investor, I'm always looking to buy what people are selling and sell what they're buying. It's the only way to ensure you're getting a reasonable price. This often leads me to forsaken corners of the investment world.

5 Bizarre Souvenirs I Brought Back From Vietnam

Peter Mandel | Posted 07.13.2012 | Travel
Peter Mandel

You can keep your fine art, your lacquerware, your hand-woven silk. When it comes to souvenirs, I want weird.

Gold Prices Hit Lowest Level Of The Year

AP | SANDY SHORE | Posted 05.09.2012 | Business

-- Gold prices hit the lowest level of the year Wednesday as uncertainty about Europe's political and economic future dominated world financial marke...

Disgraced Company Says Core Business Still Strong Despite Scandal

Reuters | Posted 04.13.2012 | Business

(Adds dropped quote marks at the end of paragraph 4) * Scandal not seen having much impact on core medical ops * Potenti...

Stocks Of Apple's Competitors Rise After Jobs' Resignation

AP | PAMELA SAMPSON | Posted 10.25.2011 | Business

BANGKOK — Asian stock markets sank Friday as investors waited to see if Federal Reserve Chairman Ben Bernanke unveils new steps to help the U.S....

World Stocks Still Hung Up On Recession Fears

AP | PAMELA SAMPSON | Posted 10.22.2011 | Business

BANGKOK — Asian stocks mostly inched higher Tuesday after gyrating markets on Wall Street and Europe ended with modest gains. Oil prices rose t...

Japan's Economy Shrinks For Third Straight Quarter

AP | By MARI YAMAGUCHI | Posted 10.15.2011 | Business

TOKYO -- Japan's economy contracted for a third straight quarter as consumer spending and factory production continued to suffer in the aftermath of t...

Jobless Claims Down As Labor Market Could Be Picking Up

Posted 07.19.2011 | Business

WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering hope the labor market...

U.S. Dollar Hits Three-Year Low Against Other Currencies

Posted 06.21.2011 | Business

LONDON (Jessica Mortimer) - The dollar hit a three-year low against a basket of currencies on Thursday as strong corporate earnings buoyed risk ap...

Japan Nuclear Operator Shares Hit Record Low

AP | Posted 06.05.2011 | Business

TOKYO -- Shares in the operator of Japan's tsunami-wrecked nuclear power plant plunged to their lowest ever Tuesday amid growing doubts about its abil...

Japan Nuclear Plant Crisis Could Last Months

AP | By RYAN NAKASHIMA and MARI YAMAGUCHI | Posted 06.03.2011 | Business

TOKYO -- Engineers pinned their hopes on chemicals, sawdust and shredded newspaper to stop highly radioactive water pouring into the ocean from Japan'...

Japanese Government Plans To Aid Struggling Businesses

Reuters | Posted 05.25.2011 | Business

(Reuters) - The Japanese government plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending to businesses to help them finance da...

Libya Ceasefire, Yen Stabilization Help Stock Market Rally On Friday

Reuters | Al Yoon | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Global stocks rose on Friday as traders took on riskier investments following a Libya ceasefire that reduced tension in the reg...

William Alden

Yen Intervention Resolves Immediate Crisis, But Japan's Economy Still Threatened | William Alden | Posted 05.25.2011 | Business

The yen eased off its all-time high Friday as the world's major central banks lent their support, but Japan's economic troubles are far from over, exp...

NY Fed Decides To Intervene In Currency Markets

AP | Posted 05.25.2011 | Business

WASHINGTON — The New York Federal Reserve Bank confirmed that it intervened in currency markets on Friday for the first time in more than a decade. ...

William Alden

Industrial Nations Intervene As Rising Yen Threatens Japanese Trade | William Alden | Posted 05.25.2011 | Business

UPDATE 8:00 AM: The yen fell against the dollar Friday, as the currency intervention announced Thursday night began, Reuters reports. Japan's central...

G7 Financial Ministers Plan Emergency Meeting

REUTERS | Leika Kihara and Tetsushi Kajimoto | Posted 05.25.2011 | Business

TOKYO (Reuters) - Financial leaders of the world's richest countries will hold talks on Friday on ways to calm global markets roiled by Japan's nucl...

Dollar Close To Lowest Value Since WWII

AP | Posted 05.25.2011 | Business

NEW YORK — The dollar dropped to a record low against the yen late Wednesday as Japan's nuclear crisis deepened. Debt woes in Europe, tension in...

Investors Rush To Pull Out Of Tokyo Stock Exchange

Reuters | Antoni Slodkowski | Posted 05.25.2011 | Business

(Reuters) - A massive selloff on the Tokyo Stock Exchange wiped out some 23.5 trillion yen ($287 billion) from the market's value on Monday with i...

Why Gold Bears Should Hibernate

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The $64,000 question is whether the modern gold rush is actually a mania or, in fact, a legitimate reflection of serious financial and economic stresses.

Japan: Land of the Rising Debt

Vitaliy N. Katsenelson | Posted 05.25.2011 | World
Vitaliy N. Katsenelson

Investors are scared of the sovereign debt crisis unfolding in Europe. However, they are ignoring a more likely and significantly larger debt catastrophe that is about to hit the second-largest economy in the world -- Japan.