by David Glance, The Conversation
Windows 10, it seems, is proving a hit with both the public and the technology press after its release last week. After two days, it had been installed on 67 million PCs. Of course, sceptics may argue that this may have simply been a reflection of how much people disliked Windows 8 and the fact that the upgrade was free.
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 Lee Adler, Wall Street Examiner
Initial claims for unemployment compensation extended the string of record lows into its 22nd month this week. The mainstream media is reporting this as if the record low is something new. That's because they look at the seasonally adjusted (SA) fictitious data only. The actual, not seasonally finagled number has been at a record low relative to total employment since September 2013.
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Infographic Of The Day: Spike Aerospace's Supersonic Passenger Jet
The Spike Aerospace S-512 is designed to fly from London to New York in 3 hours. The S-512, developed in 2013, has been recently upgraded with a modified delta wing to increase fuel efficiency and reduce sonic boom.
FOREX NEWS by DailyForex
Looks like there’s trouble in paradise. If economists have it right, Australia’s current property boom which has zoomed 11% so far this year, could be coming to an end.
Last week saw the final trading session for July; a month when Greece went to the very edge of leaving the Euro before turning back.
The U.S. Dollar is just beginning to gain some positive momentum in the trading week. Earlier, it had been broadly after Friday’s U.S. employment costs report seems to have clouded the outlook for the Federal Reserve Bank.
Greece seems to be walking on egg shells on its way to recovery. After months of heady negotiations that saw the country on the verge of bankruptcy and a near “Grexit,” Athens is making its moves cautiously.
This can be expected to be a busier week than recent weeks, with a lot more going on and more volatility. It will be an especially important week for the USD, the AUD, and the GBP, with key central bank input also due regarding the JPY.
by Dirk Ehnts, Econoblog101
Thomas Mayer, formerly at Deutsche Bank, has written a letter to the FT:
Investing.com Technical Analysis (as of Tue, 04 August 2015 05:00pm EST)
by Investing.com Staff, Investing.com
Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 04 August 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
04Aug2015 Market Close: Markets Close Fractionally Lower, Gold Closes Above 1090, Oil Stabilizes Jus
04Aug2015 Market Update: Averages Move From Mixed To Fractionally Down On Low Volume, Major Stocks O
04Aug2015 Pre-Market Commentary: Chinese Markets Close In The Green, Greek Banking Stocks Plunge, Oi
Written by Steven Hansen
US Census says manufacturing new orders improved. Our analysis agrees. Unadjusted unfilled orders' growth continues shrinking year-over-year. No matter how you cut the data, it is soft.