UNITED STATES

What You Need To Know About The Paycheck Fairness Act

gender pay gap
Democrats in the U.S. Senate will renew next week their push for equal-pay legislation with the Paycheck Fairness Act, a bill with an embattled history that would help close the wage gap between men and women that experts say costs each woman about $434,000 over the course of her career.
US Stocks

US Equities Begin June As They Ended May: Bleeding Red Ink

With the Institute for Supply Management's manufacturing report and the U.S. Bureau of Labor Statistics' Employment Situation Summary both weaker than analysts' consensus estimates on Friday, U.S. stocks closed a holiday-shortened trading week by dropping like so many hot pennies scattered in cold snow.
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Keystone XL

Nebraska Supreme Court Tosses Out Keystone XL Suit

Nebraska landowners challenging the constitutionality of state laws dealing with the Keystone XL Pipeline will have to pin their hopes on Nebraska's lower district court, as its Supreme Court decided it will not hear their case.
Hugo Chavez

Venezuela Bans Gun Sales Amid Rise In Violent Crime

The Venezuelan government passed a new gun law that prohibits the commercial sale of firearms and ammunition, moving the country closer to President Hugo Chavez and his administration's goal of disarming all civilians as crime rates continue to rise.
New Gold's El Morrow mining project

Shares of Gold Miners Shoot Higher as Metal Regains Safe-Haven Status

Shares of big gold mining companies rocketed higher Friday as the yellow metal regained its status as a safe-haven amid growing fear that the American economy may not be able to offset the combined drag of the euro zone crisis and sharply decelerating growth in China and India.
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Downtrend Continues

Yesterday morning the Chicago PMI Data came in quite weak with a reading of 52.7 versus and expectation of 56.7.
U.S. Treasuries have been hitting historically low yields on a daily basis. Now, Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.

How Low Can They Go? Forecaster Sees T-note Yield Falling To 1.32%

Following a high-volatility period over that past few days that has seen the political situation in Greece worsen, highly disappointing economic data prints in the U.S. and China and -- most prominently -- a surprise banking crisis in Spain, U.S. Treasuries have been hitting historically low yields on a daily basis. Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.
US Job Market

US Job Growth Falters In May - Is QE3 By Fed Up Ahead?

A third straight month of disappointing job data clearly suggests that the U.S. labor market conditions are deteriorating again, which economists say will undoubtedly prompt more speculation that a third round of quantitative easing by the U.S. Federal Reserve is coming soon.
A trader at the NYSE

US Stock Futures Plunge On Dismal May Jobs Report

U.S. stock futures plunged Friday after a surprisingly weak nonfarm payrolls report raised fears that the nation's nascent recovery may be losing steam and raising the possibility that the Federal Reserve may opt for economic stimulus measures.
Pakistani soldiers stand near army post in Shawal mountains along Pakistan-Afghanistan border

US Military Returns Officers To Western Pakistan

Signaling a slight improvement in the diplomatic ties between Washington and Islamabad, the US military has returned two officers to the headquarters of the Pakistani army's 11th Corps to help coordinate military actions along the Afghan border.

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