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Noteworthy News – November 5, 2012

Economy:

George Lucas saves hundreds of millions in taxes by selling before year-end – San Francisco Business Times

Declining Labor Shares and the Global Rise of Corporate Saving – Chicago Booth

Soup Kitchens Caused the Great Depression – New York Times (Krugman)

Latest Jobs Report Shows Persistent Economic Growth – New York Times

El-Erian: Jobs Data Not Yet at `Escape Velocity’- Bloomberg

Looming Tax Hike Motivates Owners to Sell – Wall Street Journal

Markets:

Hyundai, Kia overstated their fuel-economy numbers. How often does this happen? – Washington Post

Miles-Long Gasoline Lines In New Jersey Show The Case For “Price Gouging” - Slate

Gold Traders Most Bullish in 10 Weeks on Stimulus: Commodities – Bloomberg

Politics:

A Capitalist’s Dilemma, Whoever Wins on Tuesday – New York Times

The Blog That Got Bernanke to Go Big – Businessweek

America could do better than Barack Obama; sadly, Mitt Romney does not fit the bill - Economist

Banks:

America’s bank bailouts: They did not have to be so unfair - Economist

 

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Posted in Economics, Markets, Media, Politics.


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