Monthly Archives: November 2014

Negotiations with Iran on Nuclear program approaching Monday deadline

November 24th, the anniversary of a prior temporary accord with Iran on its nuclear program, marks the deadline for talks that are currently being held in order to design a framework that will substantially reduce Iran’s nuclear program and subject … Continue reading

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Aereo Files for Bankruptcy

About three years ago, Aereo was on the verge of revolutionizing the TV industry and how people watch television by capturing broadcast signals on tiny antennas and transmitting them to subscribers for a fee. A legal battle ensued with Aereo … Continue reading

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JetBlue Introduces Baggage Fees And Steals Legroom To Generate Returns For Investors

JetBlue has fallen from grace as one of the last bastions of hope for fee-free flying and generous legroom seeking passengers. Following the likes of United, Delta, and new American Airlines, JetBlue is adding baggage fees and attempting to squeeze … Continue reading

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China Cuts Interest Rates in a Surprise Move to Stimulate Economic Growth

To combat a slowing economy, the People’s Bank of China has rolled out a series of easing measures in recent months. The PBOC has cut reserve requirements, cut short term borrowing rates, and injected $126 billion in capital to banks … Continue reading

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U.S Consumer Prices Were Flat In October

In October, CPI growth was flat at 0.2%. Over the past 12 months, prices have increased just 1.7%.  Gas prices, which have been falling consistently the past four months, are a driver of this low growth. In the previous month … Continue reading

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Obama Proposes New Immigration Laws

On Friday, President Obama announced a proposed plan to protect five million undocumented immigrants from deportation. “Today our immigration system is broken and everybody knows it,” Obama said. “It’s been this way for decades and for decades we haven’t done … Continue reading

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Among Worsening Economic Conditions, ECB’s Draghi Indicates Further Stimulus Measures May Be In Store

Speaking at a banking conference this past Friday, ECB President Mario Draghi signaled that the central bank was prepared to expand its stimulus programs if the Eurozone’s economy continues to face low inflation. The sentiment was aimed partly to assuage … Continue reading

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