Wal-Mart to Widows Will Feel U.S. Food Stamp Cuts

And with deeper cuts looming as part of a possible U.S. budget deal, Crist and other recipients may feel an even greater pinch — along with retailers such as Wal-Mart Stores Inc., Target Corp. and Kroger Co. “I don’t bother them or worry them with adult issues or adult problems,” Crist, a 30-year-old self-employed babysitter in Lancaster, Ohio, southeast […]

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The Fed Is Going To Shock Markets By Increasing QE

“But people have to remember that the gold price is just a number.  Since 2008, we have seen the gold price move more than $1,000 higher at its peak.  And I dare say that in the future gold is going to move up another $1,000.  Gold is a store of value, and it’s been corrupted […]

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Draghi’s Deflation Risk Complicates Recovery: Euro Credit

A price slowdown could turn into a negative spiral that derails the recovery in the euro region. While the 17-nation economy exited six quarters of recession in the three months through June, it still has record unemployment and shrinking bank lending. “The ECB has become unusually tolerant of low inflation, even by its own standards,” […]

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