In response to the report that says the aircraft audio shows a pilot was locked out of cockpit: "(...) A senior military official says, "Then the audio indicated that one of the pilots left the cockpit and could not re-enter. "The guy outside is knocking lightly on the door, and then he hits the door stronger, and no answer. There is never an answer. You can hear he is trying to smash the door down."
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).
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by Jennie Bai and Or Shachar - Liberty Street Economics, Federal Reserve Bank of New York
Since their inception in 2002, credit default swap (CDS) indexes have gained tremendous popularity and become leading barometers of the credit market. Today, investors who want to hedge credit risk or to speculate can choose from a broad menu of indexes that offer protection against the default of a firm, a European sovereign, or a U.S. municipality, among others. The major CDS indexes in the U.S. are the CDX.NA.IG and the CDX.NA.HY, composed of North American investment-grade (IG) and high-yield (HY) issuers, respectively. In this post, we focus on the CDX.NA.IG index.
Infographic Of The Day: The Importance Of Being Social
An Infographic showing the rise of customer service through social media.
FOREX NEWS by DailyForex
Economists and investors are anxious about the March U.S. labor market report due out in the next week which could be the deciding factor in when the Federal Reserve will spring its first interest rate hike.
Last week saw the final trading session for the week, the month and the quarter from the perspective of these summaries. Get the analysis for March 30, 2015 here.
This week does not look like it is going to be especially eventful. Nearly all western countries, with the notable exception of the U.S.A., will be going on public holiday this Friday for Easter. This is a major holiday and we can expect to see a falling-off of volumes in the financial market towards the end of the week.
Federal Reserve Chair Janet Yellen is in an unpleasant position these days facing a market uncertain of where it is heading in the near future.
Asian stocks were mixed on Friday as rising tensions in the Middle East obscured the investment outlook, while the dollar rebounded.
30Mar2015 Market Update: U.S. Dollar Rising, Oil Lower And Trading Sideways Along With Equities On Lower Volume
by Dirk Ehnts, Econoblog101
There is a rift in the economics profession, and here is a very good example why.
Written by Gary
Wall Street Surges in early trading and strong economic reports in Europe bolstered markets and energy companies apparently are stabilized for the time being in the United States.
Oil prices slipped early on Monday as officials from Iran and six world powers discussed a possible deal over Tehran"s nuclear program that could bring an end to sanctions and allow an increase in Iranian oil exports. By noon oil trading was in a sideways mode with no apparent direction change in the making, but remaining in the lower state reached this earlier.
This morning U. S. financial reports show U.S. consumer spending barely rose in February as households boosted savings to their highest level in more than two years, the latest sign that the economy hit a soft patch in the first quarter.
By noon trading was trading sideways within a very narrow band after gaping up at the close on very low volume. Oil continues to be the dominate issue with traders. . .
30Mar2015 Pre-Market Commentary: Market Futures Up As Investors Prepare For A Gap Up At The Opening,
27Mar2015 Market Close: U.S. Averages Ended Session With Fractional Gains On Low Volume While WTI Oi
Of the five Federal Reserve districts which have released their March manufacturing surveys - two forecast weak growth and three are in contraction. A complete summary follows.