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Noteworthy News – March 17, 2014

Economy:

U.S. business inventories up, sales post largest drop in 10 months - Reuters

The Wages of Men - New York Times (Krugman)

People Think We’re in a Recession. Don’t Blame Them – New York Times

15% of Americans living in poverty - CNN Money

Markets:

Fire-sale of US Treasuries is a warning of acute stress across the world - Telegraph

Housing Crash Continues to Overshadow Young Families’ Balance Sheets – Federal Reserve Bank of St. Louis

The Fed’s Age of Inflation - Wall Street Journal

Politics:

Wyoming welder faces $75,000 a day in EPA fines for building pond on his property - Fox News

Obama’s Overtime Plan Could Cost Small Employers - Wall Street Journal

Banks:

Vince Cable says ‘no-one needs to earn £1m a year’ - BBC

New York Strips London of Mantle as World’s Top Financial Center – Bloomberg

China Details Plans to Liberalize Interest Rates and Encourage Private Banks - New York Times

Consumers Not Powerless in the Face of Credit Card Fraud - New York Times

0313JackOhman_Tribune

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Posted in Economics, Markets, Media, Politics.


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