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Junk rating risk casts shadow over Spanish bonds
ReutersLONDON (Reuters) - Spain's borrowing costs will rise if its credit rating is cut as much as market prices imply. The cost of insuring against a Spanish default suggests investors expect another cut in its sovereign ratings, to junk, according to...Tags: Spain, Ratings, Credit and Debt, Standard & Poor's Financial Services LLC, Moody's Corporation
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CANADA FX DEBT-C$ eases to 2-month low on weak CPI data
Reuters* C$ at C$1.0311 vs US$, or 96.98 U.S. cents * US$ strengthens near 10-mth high on Fed QE debate * Bond prices rise across curve By Solarina Ho TORONTO, May 17 (Reuters) - The Canadian dollar weakened to its softest level against its U.S. counterpart...Tags: Market and Exchange, Central Bank, Foreign Exchange Market, Federal Reserve, Inflation and Deflation
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Swiss propose corporate tax reforms after EU pressure
ReutersBERNE (Reuters) - Switzerland outlined plans on Friday to reform the way it taxes companies as it seeks to counter criticism from Brussels while trying to remain attractive to the many multinationals based in the country. The Swiss have lured thousands...Tags: Glencore International AG, eBay Inc., Bern (Swiss Confederation), Finance, Patents, Copyrights and Trademarks
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California Latinos face stark workforce training gap, study says
With community colleges turning students away for lack of available slots, Latinos are projected to face disproportionately higher workforce training gaps, a study released Friday found. That means lower wages over the lifetime of an estimated 840,000...
Tags: Corinthian Colleges Inc., Colleges and Universities, Labor Markets, Social Issues
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ANALYSIS-Upgrade crowns Turkey's peaceful rise but pitfalls loom
ReutersBy Paul Taylor PARIS, May 17 (Reuters) - Turkey's achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a "tiger" economy on the seam of Europe and Asia, but the rising power still faces...Tags: Syrian Civil War (2011 - present ), Olympic Games, Iran, Iraq, Ankara (Turkey)
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Analysis: Upgrade crowns Turkey's peaceful rise but pitfalls loom
ReutersPARIS (Reuters) - Turkey's achievement of investment-grade status crowns a decade of rapid growth, financial stability and political reform by a "tiger" economy on the seam of Europe and Asia, but the rising power still faces pitfalls in a dangerous...Tags: Olympic Games, White House, Ankara (Turkey), Bashar Assad, Iran's Nuclear Program
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California's unemployment rate drops to 9%
California’s pace of job creation slowed in April, as employers added 10,300 jobs in April, nevertheless pushing the state’s unemployment rate down to 9% from 9.4% the month before. Employers had added twice as many jobs in March as they did...
Tags: Productivity, Career and Workplace, Employment Opportunities, Unemployment, Labor Markets
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'I know it when I see it'
In the 1964 U.S. Supreme Court case Jacobellis v. Ohio, Justice Potter Stewart wrote a concurring opinion he hoped would establish a legal standard that protected every American's right to free speech yet guarded “community standards” against “hard core...Tags: Productivity, Gross Domestic Product, Orrin Hatch, Science and Technology, U.S. Supreme Court
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COLUMN-QE and the portfolio puzzle: James Saft
Reuters(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft May 16 (Reuters) - Quantitative easing may well be pushing investors to hold more cash rather than risk assets, blunting its impact as monetary policy. Known as the...Tags: Credit Ratings, Bonds, Money and Monetary Policy
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Budget deficit prompts Albion to close district's only high school; no plan in place for fall
ALBION, Mich. (AP) — Albion Public Schools no longer is offering students a high school education. The school board has decided that beginning this fall, only students in kindergarten through eighth grade will be taught by the district. It voted...Tags: Budgets and Budgeting, Politics, Students, Public Finance, Teaching and Learning
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Column: QE and the portfolio puzzle - James Saft
Reuters(Reuters) - Quantitative easing may well be pushing investors to hold more cash rather than risk assets, blunting its impact as monetary policy. Known as the portfolio rebalancing channel, the thinking behind QE rests partly on the assumption that buying...Tags: Credit Ratings, Bonds, Money and Monetary Policy
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China president takes charge of sweeping economic reform plans-sources
ReutersBy Kevin Yao BEIJING, May 17 (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local...Tags: Productivity, Communist Party of China, Economic Policy, Banking, Labor Markets
May 17, 2013
|Story| Reuters
May 17, 2013
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May 17, 2013
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May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Reuters
May 17, 2013
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May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Aberdeen News
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| AP Michigan
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
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