BERLIN (Reuters) – A Berlin pub has set up an advice desk to help the long-term unemployed get back on their feet. Many regulars to the “Kindl Klause” in Berlin’s southern Neu-Koelln district live off Germany’s minimum jobless benefit, known as Hartz IV, so offering free advice on how to find work again seemed logical, [...]

By: Dan Weil The yield premium of Treasury bonds over Treasury inflation-protected securities (TIPS) has reached a 16-month high, signaling inflation ahead. The yield premium for 10-year Treasuries over 10-year TIPS closed above 2.25 percentage points four times last week, the longest streak since August 2008, Bloomberg reports. That spread indicates that 10-year Treasury yields, [...]

Sunday, 20 Dec 2009 02:50 PM Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there’s not much debate: The year-end lift known as the Santa Claus rally is no myth. The stock market typically posts modest, but reliable, gains in late December into the beginning of early January. “It’s pretty much [...]

SAN FRANCISCO (MarketWatch) — Gold has long been favored by a fringe of the investment world, but this year some of the world’s leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression that could undermine major currencies and fuel rampant inflation. “I have never been [...]

Human Error Blamed for Crediting New Stimulus Jobs to Nonexistent Places By JONATHAN KARL Nov. 16, 2009— Here’s a stimulus success story: In Arizona’s 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that’s what the Web site set up by the Obama administration to [...]

by Kurt Schemers Socialism is a European illness. Unfortunately, since the days of Woodrow Wilson and the League of Nations it has slithered its way like a lying serpent into the upper most pillars of American government disguised as “hope” and “change.” Millions of Americans took the bait last year because the idea sounded like [...]