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Hillary: Clock being set back for women

Former Secretary of State Hillary Clinton explained to the Women in the World summit in New York today that the clock is turning back for women in America.

Clinton praised her own mother for helping empower her to success and marveled at the opportunities that her own daughter Chelsea has pursued.

http://washingtonexaminer.com/article/2526373

Stunned Sandy victims charged for full month of power despite blackouts as residents affected suffer Thanksgiving looting

Outraged victims of Hurricane Sandy have been charged their normal electric bills despite not having power – weeks after the devastating storm.

Customers of Long Island Power Authority received their usual full estimated rate that covered the entire billing cycle and the statements made no reference to refunds or deductions because or in spite of Sandy.

One man, Jonathan Saporta had the misfortune to get two bills from the power company – [...]

David Greenberg on how Electronic & High-Frequency Trading are Driving Oil Prices Higher!

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Welcome to Capital Account. An EU parliament committee voted unanimously to back tighter restrictions on banks’ trading activities, including a proposed curb on high frequency trading. We talk to our guest David Greenberg, former NYMEX board member, about where the United States stands on high frequency trading.

Also, oil rebounded from the lowest close in almost two months, supposedly on speculation that China will take stimulus measures. We have [...]

Bloomberg TV: Monti says no ECB bond buying due to lack of conditionality

BLOOMBERG TV EXCLUSIVE: Mario Monti, Prime Minister of Italy, spoke with Bloomberg Television’s Erik Schatzker in New York today about considering another term after elections.  He discussed why the EU’s new bailout fund hasn’t been used yet, saying “because it is being finalized. And in particular I think there is still some refinement ongoing on the precise nature and modalities of the conditionality that would have to be associated to [...]

Marc Faber: markets will crash like in 1987 if stocks rally without QE3

Marc Faber, publisher of the Gloom, Boom & Doom report, spoke with Bloomberg TV’s Betty Liu and said that, “I think the market will have difficulties to move up strongly unless we have a massive QE3 and if it moves and makes the high above 1422, the second half of the year could witness a crash, like in 1987.”

 

Faber went on to say that, “I do not have a high [...]

More Americans Than Projected File Jobless Claims… Employers add just 120,000 jobs; lowest since October

More Americans than forecast filed applications for unemployment benefits last week, a sign that the labor market is taking time to improve.

Jobless claims fell by 1,000 to 388,000 in the week ended April 21 from a revised 389,000 the prior period that was the highest since early January, Labor Department figures showed today inWashington. The median forecast of 48 economists surveyed by Bloomberg News called for a drop to 375,000.

http://www.bloomberg.com/news/2012-04-26/more-americans-than-projected-filed-jobless-claims-last-week.html

 

The reading was the latest [...]

This top “trophy” resource stock is incredibly cheap

From Bloomberg:

Freeport-McMoRan Copper & GoldInc. (FCX) is offering the best deal in copper for mining companies willing tobet big on the metal.

Freeport, the world’s largestpublicly traded copper miner, yesterday was valued at 3.3 times its earningsbefore interest, taxes, depreciation and amortization in 2013, according toanalysts’ estimates compiled by Bloomberg. That was cheaper than any other basemetals producer with more than $10 billion in market value and about a thirdless than [...]

‘Everyone can do this’: American memory champion reveals secrets to his incredible total recall

He can memorize the order of a full deck of shuffled cards in 63 seconds and more than 300 numbers in just five minutes, yet Nelson Dellis claims he has no special or photographic inherent memory.

The 2011 USA Memory Championship winner, who is defending his title in New York today, says that anyone can do what he does. 

The 28-year-old from Miami claims that all it takes, like any other physical challenge, [...]

Goldman Sachs Roiled by New York Times Op-Ed Loses $2.2 Billion for Shareholders — The company saw $2.15 billion of its market value wiped out after Greg Smith assailed CEO Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.

From Bloomberg:

Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.

The shares dropped 3.4 percent in New York trading yesterday, the third-biggest decline in the 81-company Standard & Poor’s 500 Financials Index, after London-based Greg Smith made the accusations in a New York Times op-ed piece.

Smith, who also [...]