Serko Eudemishlian

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L.A. Times is under local ownership for the first time in nearly 20 years

Biotech billionaire Dr. Patrick Soon-Shiong took control of the Los Angeles Times on Monday, bringing the newspaper back under local ownership for the first time in nearly two decades.<p>Soon-Shiong said in an internal memo Monday that the acquisition of the Times, The San Diego Union-Tribune and the …

Los Angeles

Profit from the Greatest Unwind in Economic History

[<b>Editor’s Note:</b> Jim Rickards has launched a brand new monthly investment letter called <i>Strategic Intelligence.</i> The latest issue printed last Friday. …

Stock Markets

Enriching the rich in the US - but what about the rest?

<b>Has the land of opportunity created a society of haves and have-nots? Is the US economy now just enriching the rich? Inequality has been noticeable since the recession, but the income gap has been growing for decades.</b><p>During the economic boom of the 1950s in the United States, the top 1% gained a …

An Awesome Economic Story Was Confirmed Across Today's Mess Of Economic Data

And that growth is being fueled by one key source: the American consumer.<p>Tuesday dump of economic data featured a stronger-than-expected Q3 GDP revision, but also weaker-than-expected new home sales and durable goods reports.<p>However, economists agree that consternation about those disappointing …

Top 11 economic data of China in 2014[1]

In 2014, China, the second-largest economy in the world, despite the economic slowdown, made great progress in structure reform and stable …

Economic Data

The simple arithmetic of China’s growth slowdown

What does China’s growth slowdown mean to you?<p>I ask here not about the New World Order, global power shifts, or whether the United States retains its …

China

Latest Business Stock Market News, Live BSE/NSE Updates, Finance, Economy, Mutual Funds, IPO News - CNBC TV18

Latest business and financial news from India Global market. Find BSE/NSE stock market updates, IPO Analysis, Mutual Funds Trends, Auto, Infra, …

Stock Markets

China is marching into uncharted territory and that should scare you

China's inflation figures just hit a five-year low. Price growth is falling for consumers, and companies producing goods are already recording sharp deflation.<p>Why does it matter? One simple reason: debt.<p>China's debts as a proportion of GDP climbed to <b>245%</b> in 2014 from <b>144%</b> in 2007. That debt is worth …

Fortune.com

• 1. To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, …

China monetary easing seen to avert deflationary spiral

China faces a monetary policy “wall of worry” as its economy slips towards a deflationary spiral driven by structural forces that are simultaneously …

Consumer Price Index

Ghost city: Chinese replica of Manhattan stands empty as economy slows

Manhattan may be a bustling metropolis filled with busy people rushing off to work, the theatre, restaurants and the myriad attractions the city has …

Fed's Lacker eyes June hike, Williams says getting 'closer'

RALEIGH, N.C. (Reuters) - The Federal Reserve should raise interest rates in June, a top Fed official said on Tuesday, saying the U.S. economy is strengthening and that inflation will move back to the central bank’s target.<p>Federal Reserve Bank of Richmond President Jeffrey Lacker testifies before …

Federal Reserve

The 19-Year-Old Wiz Kid Who Turned Down Apple Has Nabbed Backing From A Hollywood Star

We caught up with Meyer again and learned that since that decision, things have been wild for him.<p>His startup, Fresco News, crowdsources breaking news and photos from Twitter, Instagram and other social media.<p>Fresco finds breaking news, verifies it, and gets the license to publish relevant images …