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26Jul2016 Market Close: US Markets Close Flat And Lifeless, Crude Prices Low But Steady, Fed Announces Rate Decision Tomorrow

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Written by Gary

Wall Street was up, then down and finally ended the day's agony flat and unattractive. Volume was a tad higher than usual, but the bulls won the tug-a-war today as investors await the Fed rate decision. WTI crude prices remained steady as did the US dollar.

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What We Read Today 26 July 2016

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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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

How Maritime Law Works

Maritime law is confusing, but interesting, I hope. Maritime law is a body of laws, conventions and treaties that governs international private business or other matters involving ships, shipping or crimes occurring on open water. Laws between nations governing such things as national versus international waters are considered public international law and are known as the Law of the Seas. Maritime law is also known as admiralty law.

Infographic Of The Day: Rock Climbing Essentials

This graphic discusses how rock climbing evolved from 1942 to until today, different types of rock climbing which includes traditional rock climbing, sport climbing, free solo climbing, ice climbing, bouldering and building.

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Video of the Day:

Maritime law is confusing, but interesting, I hope. Maritime law is a body of laws, conventions and treaties that governs international private business or other matters involving ships, shipping or crimes occurring on open water. Laws between nations governing such things as national versus international waters are considered public international law and are known as the Law of the Seas. Maritime law is also known as admiralty law.


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 more investing, markets, precious metals & forex

26Jul2016 Market Update: US Markets Mixed, Large Caps In The Red And Trending Down, Crude Prices Steady And The US Dollar Melting Up



 more opinion

Will Bank Of Japan Deploy Helicopters?

by Ellen Brown, Web of Debt

Japan's 'Helicopter Money' Play: Road to Hyperinflation or Cure for Debt Deflation?

Fifteen years after embarking on its largely ineffective quantitative easing program, Japan appears poised to try the form recommended by Ben Bernanke in his notorious 'helicopter money' speech in 2002. The Japanese test case could finally resolve a longstanding dispute between monetarists and money reformers over the economic effects of government-issued money.

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 USA economy at a glance (boxed items are updates in last 7 days)

July 2016 Chemical Activity Barometer Signaling Improved Economic Growth

from the American Chemistry Council

The Chemical Activity Barometer (CAB) expanded 0.4 percent in July following a revised 0.7 percent increase in June, 0.8 percent increase in May and 0.6 percent increase in April. All data is measured on a three-month moving average (3MMA).

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