Barack Obama and Mitt Romney are separated by just 1 point in Minnesota, effectively making the race there a toss-up, according to polling taken for the conservative American Future Fund.
(PHOTOS: Final countdown to Election Day)
Romney takes 46 percent of the vote to Obama’s 45 percent in the poll, which was conducted by the GOP firm NMB Research and shared with POLITICO. The Republican presidential nominee is up 13 points among [...]
PORTSMOUTH, Ohio (AP) — Republicans Mitt Romney and Paul Ryan went back to school on Saturday to rally college students in all corners of all-important Ohio and hammer at President Barack Obama for going easy on China over unfair trade practices that they said are costing American jobs. Obama took precious time off the campaign trail to practice for the next debate against his GOP rival.
It was an unspoken acknowledgment of the importance that Obamaattaches to upping his game [...]
American manufacturing unexpectedly contracted in July for a second month, reflecting a drop in orders that threatens to undercut a mainstay of the recovery.
The Institute for Supply Management’s factory index was 49.8 last month, little changed from a three-year low of 49.7 reached in June, the Tempe, Arizona-based group said today. Economists surveyed by Bloomberg News projected a reading of 50.2, according to the medianestimate, just above the 50 mark that separates expansions and [...]
Who said the dog days are over?
Disappointed by the lack of aggressive action by the U.S. Federal Reserve at the meeting of its powerful rate-setting committee last week, and assuming a wait-and-see posture on results from this week’s European summit, pessimistic market-watchers are turning once again to guessing when the clock atop the euro zone time-bomb will finally run to 0.
The consensus? The world economy has entered a final countdown with three months left, and [...]
Are we rapidly approaching a moment of reckoning for the global financial system? August is likely to be a relatively slow month as most of Europe is on vacation, but after that we will be moving into a “danger zone” where just about anything could happen. Historically, a financial crisis has been more likely to happen in the fall than during any other time, and this fall is shaping [...]
In the last hour, financials have accelerated to the downside very rapidly. It seems perhaps that the credit markets were on to something and now equities are realizing that something is definitely worrying market professionals.
Following the recent surge in Fed critics, including Gross, Buffett, Grantham, and most other self-respecting economists, Saxo Bank’s John J. Hardy shares the most recent, and very scathing, critique of the Fed, which essentially calls for the end of the US central bank, saying the days of the Fed are now numbered.
Bring it on, Ben!
So, Ben, letâ€™s get this thing over with and letâ€™s test how this market is [...]