Infographic of the Day: Guide to Antarctica

September 1st, 2014
in News, econ_news, syndication

For at least 2000 years philosophers believed that the spherical Earth must have a large unknown continent at the bottom of the globe.

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What We Read Today 01 September 2014

September 1st, 2014
in econ_news, syndication

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.

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Raising a Child Today Could Cost a Quarter of a Million

September 1st, 2014
in News, econ_news, syndication

from Felix Richter, Statista.com
by Niall McCarthy

These days, raising a child is a very costly undertaking in the United States.

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Markets Mull Draghi as Israel Cuts, Colombia Raises Rates

September 1st, 2014
in econ_news

Monetary Policy Week in Review 25-29 August 2014

by Peter Nielsen, Central Bank News

Speculation over further monetary easing by the European Central Bank (ECB) dominated global monetary policy last week as financial markets continued to digest the implication of Mario Draghi's speech in Jackson Hole.

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China Manufacturing Loses Momentum, But Stays in Expansion

September 1st, 2014
in News, econ_news, syndication

breaking-news-130px7Econintersect:  The official PMI (Purchasing Managers' Index) reported a reading ot 51.1 in August 2014, down from 51.7 in July.  The result was slightly less than the expected value of 51.2.  The second PMI report was just barely above the 50 reading which marks the boundary between expansion and contaction.  The HSBC/Markit survey reported a final reading of 50.2, a sharp decline from July when it also came in at 51.7.

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