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Yahoo! Finance: The Daily Ticker
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THE BIG LIE: “Rich People Create Jobs”
Follow Yahoo!'s The Daily Ticker on Facebook here! Friday morning the U.S. finally got a monthly jobs report that was unequivocally good: According to the BLS, 243,000 jobs were created in January, way more than expected. Of course, this immediately led to a political fight about who or what is creating those jobs. One of [...]
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3 Super Bowl Myths Debunked: Plus, ‘Freakonomics’ Gives the Giants an Edge
Follow Yahoo!'s The Daily Ticker on Facebook here! There's a lot of hype about the Super Bowl and almost as many myths and superstitions. In the accompanying video, Freakonomics co-author Stephen Dubner tackles three of the most common misconceptions about the Super Bowl, including one that could determine the outcome of the game. Myth #1) [...]
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The Fracking Revolution: More Jobs and Cheaper Energy Are Worth the “Manageable” Risks, Yergin Says
Follow Yahoo!'s The Daily Ticker on Facebook here! President Obama used his last State of the Union speech before the November election to highlight the more than half a million jobs that can be created by investing in natural gas production in the United States. "We have a supply of natural gas that can last [...]
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January Jobs Report: Solid Growth
For the first time in several years, we have an unambiguously positive employment report. The U.S. economy added 243,000 payroll jobs in January 2012 and the unemployment rate fell to 8.3 percent. One month does not a trend make, but the past several months of data show a labor market that is recovering, and an economy [...]
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Bernanke’s Advice Like “An Arsonist’s Lecture on Fire Prevention”: David Stockman
Follow Yahoo!'s The Daily Ticker on Facebook here! Testifying on Capitol Hill Thursday, Fed chairman Ben Bernanke sought to encourage, chide and gently prod Congress into putting the U.S. on a "sustainable path" to bring down -- or at least stabilize -- debt-to-GDP levels. "Achieving this goal should be a top priority," Bernanke said. But [...]
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Everything Apple Must Change Before I Buy An iPhone 5
Provided by Business Insider's Steven Kovach I was really close to upgrading my iPhone 4 when the 4S launched last year. Not because I was dying for the upgrade, but because I was getting sick of AT&T's horrible service in New York. I wanted an excuse to make the move to Verizon. But for me, [...]
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Facebook IPO: Beyond the Numbers
Follow Yahoo!'s The Daily Ticker on Facebook here! By now you've heard, Facebook filed paperwork to sell shares of the company to the public on Wednesday. The I.P.O. is expected to top Google's record $1.67 billion 2004 tech offering with a value between $5 billion and $10 billion, making the company worth a hefty $75-to [...]
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Facebook Creates a New Millionaire’s Club…And a Few Billionaires Too
Follow Yahoo!'s The Daily Ticker on Facebook here! The millionaire's club has to make room for a few more hundred people...at least. Facebook filed to go public on Wednesday and many current and former employees are expecting huge paydays. The public offering could value the social media titan between $75 billion to $100 billion and [...]
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This Year’s Super Bowl Commercials…Anticlimactic?
Follow Yahoo!'s The Daily Ticker on Facebook here! Everyone knows the best part of the Super Bowl - the commercials. One day a year Americans skip the fast-forward button on their DVRs and direct their gaze on the television, assiduously watching every second of these highly-anticipated commercials. The annual ritual of watching Super Bowl ads [...]
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Adam Carolla on Occupy Wall Street: The Rich and Poor Are More Similar Than You Think
Follow Yahoo!'s The Daily Ticker on Facebook here! Even before the 'Occupy' movement gripped America and the rest of the world last fall, The Daily Ticker had been covering the sad, but true reality of our country's fading middle class: Middle-income families have been hit hard by more than 30 years of stagnating wages and [...]
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Romney Wins, Private Equity Loses: Is PE Getting a Bum Rap?
Follow Yahoo!'s The Daily Ticker on Facebook here By winning handily in Florida, Mitt Romney put himself in back in the driver's seat to win the GOP nomination. Whether or not Romney wins the nomination - much less the general election - private equity seems to be the big losers of the 2012 campaign so [...]
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Money & Politics: Freakonomics Author Gives “Big Fat No” to Idea Money Buys Elections
Follow Yahoo!'s The Daily Ticker on Facebook here! According to conventional wisdom, Mitt Romney's big Florida primary win can be attributed to one thing: Money. Romney's campaign outspent Gingrich by nearly 5-to-1 in the Sunshine State, with $15.4 million spent by Romney and pro-Romney Super PACs vs. just $3.7 million by Gingrich and his supporters, [...]
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Romney Takes Florida But Nomination Still Up for Grabs, GOP Strategist Says
Follow Yahoo!'s The Daily Ticker on Facebook here! Mitt Romney scored a decisive win in Tuesday night's Florida primary, handily beating Newt Gingrich, his closest competitor, by 14 points. Romney picked up 50 delegates in the winner-take-all race, but that's just a small percentage of the 1,144 delegates needed to secure the Republican presidential nomination. [...]
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Three Predictions For The Facebook IPO Filing Today
Provided by Business Insider's Nicolas Carlson: Facebook is going to file for an IPO this morning. In that filing, Facebook will have to disclose long held secrets about how well its business has been performing. We're going to see if Facebook is growing and how fast, whether it's profitable or not, and who owns how [...]
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Barry Ritholtz: Yes, The Economy’s Lousy, But Stocks Still Look Good
Follow Yahoo!'s The Daily Ticker on Facebook here! The stock market got off to a surprisingly strong start in January, posting the best first-month results in more than a decade. This despite the fact that the economy itself continues to be disappointing, with weak job creation, high unemployment, and sluggish GDP growth. But Barry Ritholtz, [...]
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