The Top 10 Financial Links Of The Day
Yahoo Finance - Is the Canada bubble set to burst?
LA Times - A new national poll finds American voters give President Obama a record low approval for his handling of the U.S. economy. With barely 19 months left until the next presidential election, fewer than 1 in 3 American voters approve of the Obama administration’s economic job.
Politico - Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Tompkins said in announcing the verdict. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she added. “We are determined to meet these threats through infiltration, disruption and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.
Slate – Raises don’t make employees work harder.
CNBC - Sales of previously owned U.S. homes fell unexpectedly sharply in February and prices touched their lowest level in nearly nine years, implying a housing market recovery was still a long off.
Keith Hennessey – Gas tax increase or budget gimmick?
Vancouver Sun – Shaw Communications has laid off 500 people across the country, including 140 in Calgary, as part of a reorganization.
WGAL - The book retailer Borders has announced plans to close its Northeast Distribution Center outside Carlisle by this summer. Company officials said the 333 employees at the facility will be offered severance packages.
Bizz Journals - AT&T said it would achieve about $40 billion in cost cuts through its planned acquisition of T-Mobile USA from Deutsche Telekom. Those synergies will likely include thousands of job losses, The Wall Street Journal reports.
Business Insider - Last October, when everyone was jubilant about the housing “recovery,” Gary Shilling of A. Gary Shilling & Co., predicted that house prices would fall another 20%. In the five months since, house prices have resumed their decline. In his most recent research note, Gary sticks by his “20%” decline prediction. We’ve included a summary and updated charts from his argument below.
**Thanks be to J.M. Heinrichs for his linkages
March 27th, 2011 at 6:23 pm
[...] at that. Coverage of Godzilla destroying Japan is now mute; The Old Normal?; The Top 10 Financial Links Of The Day; US New Home Sales – Not; I hate hate. That is why I look to the shining example of President [...]