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Noteworthy News – March 11, 2013

Economy:

Unemployment at 4-Year Low as U.S. Hiring Gains Steam - New York Times

Forget the Good Jobs Report, Long-Term Unemployment Is Still Terrifying – Atlantic

Unemployment Rate Down As Americans Give Up On Work – Forbes

Immigration cap drags on US manufacturing – Financial Times

The UK’s problems go far deeper than the cuts agenda. It simply can’t produce enough to revive its ailing economy – Guardian

Markets:

Wall Street climbs on jobs, S&P up for ninth week out of 10 – Reuters

The Dow Isn’t Really At A Record High (And It Wouldn’t Matter If It Were) – NPR

Investors flock to S&P 500 ETFs as record beckons – MarketWatch

AAA Warns of “Dangerous” Free Market in Parking Spaces - Slate

Politics:

The gap between rich and poor will continue to grow until we give up on QE – Telegraph

Shinzo Abe wakes up to the political risk of higher prices without higher pay - Economist

There Is Good And Bad Austerity, And Italy Chose Bad – Forbes

States Legalizing Pot Race to Define Market’s Regulation – Bloomberg

Banks:

Are Banks Safe Enough? Do we Really Know? Risk Weighting, Regulatory Arbitrage, and other Issues- EconMonitor

 


 

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Posted in Economics, Markets, Media, Politics.


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