Federal Reserve Proposes A Term Deposit Facility for Draining Reserves
The Federal Reserve has proposed the establishment of a term deposit facility for draining reserves…
Dr. Duru BofA Analyst Expects Negative Real Rates to Drive Bubble In China In 2010
Bloomberg provides snippets of an interview with BofA Merrill Lynch analyst David Cui in which…
Multi-Decade High Prices for Tea, Cocoa and Sugar
The Financial Times reports that the prices for tea, cocoa, and sugar have reached multi-decade…
LED Chip Prices Increased 50% This Year
DigiTimes reports that LED chip prices increased 50% this year. An on-going supply shortage is…
Micron Technology Earnings Benefit from Higher Memory Prices
Perennial money-loser Micron Technology (MU) reported its first quarterly profit in three years. Higher average…
10-year treasuries still sinking
Bloomberg: Treasuries dropped, pushing 10-year yields to the highest level in four months, on prospects…
writejesse Broadband prices rising
AT&T to raise prices for some services. Verizon FiOS rates also going up.
“Shadow Inventory” of U.S. Homes Climbs, Report Says
Bloomberg reports that First American CoreLogic (whatever that is) is stoking worries about the “shadow…
More than 21,000 Washington state employees to receive pay increase
Seattle P-I: More than 21,000 state employees could get pay raises of up to 5…
FedEx to resume salary increases
WSJ: “FedEx Corp. reported a 30% decline in earnings for its fiscal second quarter, but…