Money & Markets – Week of 01.27.13


Payrolls in U.S. Probably Expanded at a Quicker Pace in January

Bloomberg | 01 February 2013
The labor market in the U.S. probably kept making progress in January…


Amazon’s Future Is Not in Selling Stuff — And That’s a Good Thing

Wired | 31 January 2013
During Amazon’s wonkish earnings call this week, Chief Financial Officer…


Fed Keeps Stimulus in Place as U.S. Economy “Paused”

Reuters | 30 January 2013
The Federal Reserve on Wednesday left in place its monthly $85 billion bond-buying…


Jobless Claims in U.S. Rose 38,000 Last Week to 368,000

Bloomberg | 31 January 2013
Claims for U.S. unemployment benefits increased more than forecast last week, nearly


New Credit Card Fees Kick in Sunday

ABC News | 26 January 2013
Starting Sunday, paying by credit card could get more expensive.


Now and the Future

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Global Risks 2013

World Economic Forum | January 2013
The World Economic Forum’s Global Risks 2013 report is developed…


North Dakota Struggles to Cope With its Oil-Boom Prosperity

Star Tribune | 26 January 2013
His tan overalls splattered with oil field mud, 41-year-old trucker…


U.S. Stocks Rise as Dow Climbs to 5-Year High on Earnings

Bloomberg | 29 January 2013
U.S. stocks advanced, sending the Dow Jones Industrial Average to a five-year high…


Overdue Student Loans Reach ‘Unsustainable’ 15%, Fair Isaac Says

Bloomberg | 29 January 2013
Delinquency rates on student loans made in the past two years stand at 15 percent…


France ‘Totally Bankrupt’, Says Labour Minister Michel Sapin

The Telegraph | 28 January 2013
Michel Sapin made the gaffe in a radio interview, which left…


Apple: The Slaying of a Tech Hero

Yahoo! Finance | 25 January 2013
Apple’s quarterly results this week drew a flood of reactions – almost all negative.


How Newegg Crushed the “Shopping Cart” Patent and Saved Online Retail

ARS Technica | 27 January 2013
Anyone who visited Soverain Software’s website could be forgiven for believing…


Investors Seek to Buy Island From Detroit and Start a ‘New Nation’ Free of Personal and Corporate Income Taxes, Where Everyone has Good Credit and Citizenship Costs $300G

The Daily Mail Online | 26 January 2013
A developer wants the city of Detroit to sell an island that is now a city park…


Exclusive: UBS Chairman Proposes Industry-Wide Settlement Over Libor

Yahoo! Finance | 25 January 2013
UBS Chairman Axel Weber raised the possibility of an industry-wide settlement…