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In June 2009, our own government will stop publishing a key report tracking foreign direct investments (FDI) into the U.S., essentially burying the problematic fact that America is for sale. Through the discontinuation of the Bureau of Economic Analysis’ (BEA) “New Investment Series,” the U.S. government and the American public will no longer be able to distinguish between FDI used to acquire existing U.S. assets from FDI used to establish new U.S. businesses. With the U.S. hiding the foreign money trail, the American public will no longer have the ability to track the rapid sell-off of the America’s best companies to foreign interests.
People are killing themselves, but it's surprising that there's not more attacks on their bosses. Even in a little business, one guy went postal on his boss...
Sony, Fujifilm, NEC, Sanyo, Sharp ou Pioneer are all in the red for their first semester.
The U.S. Supreme Court on Monday hears arguments in Jones v. Harris Associates, a case involving decades-old standards on how mutual fund overseers determine fees for shareholders.
World Risks Depression if Stimulus Is Pulled: Economist
"I think the economy is in a great deal of trouble," Nightingale told "Worldwide Exchange."
"You must draw a line through the data, and the data hasn't looked good," he said.
The amount of money poured into the economy has not yielded the appropriate response, Nightingale said, despite the fact that factory activity in the euro zone expanded for the first time in 17 months in October.
Originally posted by silent thunder
What's going to happen when the Plunge Protection Team owns EVERY stock on the market?
September pending home sales rise 6.1 percent
The volume of signed contracts to buy previously occupied homes rose for the eighth straight month in September as buyers scrambled to take advantage of a tax credit for first-time owners that expires at the end of this month.
The Commerce Department said Wednesday that sales fell 3.6 percent to a seasonally adjusted annual rate of 402,000 from a downwardly revised 417,000 in August.
President Barack Obama said on Monday that the economy had recovered a lot of ground since January but more jobs would be lost before a full recovery is in place.