Monthly Archives: August 2014

Apple, Motorola lead upcoming parade of shiny new gadgets

It’s shaping up to be an especially interesting September for mobile gadgets, and for the companies that make them. Rumored new phones, tablets and smartwatches from Apple (AAPL), Motorola (GOOGL), Sony (SNE) and others could shake up the market and offer consumers a wider range of choices, possibly with compelling new features.

The leading companies are aiming to prove wrong analysts who say there’s not much excitement or innovation left in the smartphone arena as sales...

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Yellen Leaves Rate Hike Options Open at Jackson Hole as Labor Market “Yet to Fully Recover”

Federal Reserve Chair Janet Yellen took center stage in Jackson Hole, Wyoming Friday morning to address her fellow central bankers, as well as the financial market participants watching with bated breath from around the world. The theme of this year’s conference is “Re-Evaluating Labor Market Dynamics,” and in her speech Yellen was somewhat positive yet introspective about the state of the labor market but did not provide the policy clarity investors were hoping for.  Read more...
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Australia’s Jobless Rate Should Worry Fed

A jobless rate in Australia that surpasses the U.S. level may not seem like a problem for Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi. But it may be a sign of the overconfidence that affects central bankers everywhere. Folks in "The Lucky Country" have long been blessed with top-notch monetary policy makers. There has been no recession on the watch of Reserve Bank of Australia Governor Glenn Stevens or under his predecessor, Ian Macfarlane, who served from 1996 to...
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