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The United States may need to insure wholesale deposits to ease the credit crisis and restore confidence because the collapse of Lehman Brothers has damaged trust among institutional investors, Barclays said on Thursday. "What happened in September was the wholesale equivalent of an old fashioned bank run," Laurence Kantor, head of global research at Barclays Capital, told reporters in Singapore. "The markets are still unwinding the damage from Lehman." He said the commercial paper market lost $200 billion in two weeks after Lehman collapsed as investors turned to safer government paper, and even after two months private investors are still...

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

Wholesale prices posted their biggest drop in 2 1/2 years while housing activity stayed strong, two economic reports showed Tuesday. The producer price index sank 0.7% in November, thanks to a 4% drop in energy costs, the Labor Department said. "It showed some pretty big declines. That's always welcome," said Stuart Hoffman, chief economist with PNC Financial Services.

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

<p>WASHINGTON (MarketWatch) - U.S. wholesale prices rose a larger-than-expected 1.9% in September, the biggest jump in 31 years, the Labor Department said Tuesday.</p><p>Price increases were led by a 7.1% rise in wholesale energy prices, the biggest jump in 15 years. Food prices also soared, rising 1.4% on a record 49% increase in egg prices.</p>

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

WASHINGTON - Prices at the wholesale level, helped by the largest drop in energy prices since April 2003, fell by 0.7 percent in December while output at the nation's factories, mines and utilities soared by 0.8 percent, the government reported Friday. The Federal Reserve (news - web sites) said that the December jump in industrial production matched a similar 0.8 percent gain in October and was far above a modest 0.2 percent rise in November, allowing manufacturers to end the year on a solid note. The 0.7 percent drop in wholesale prices last month was a much better performance than...

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It's that time again, folks. This is our time to send all the liberals searching for their Prozac. It's time we extract our pound of retribution from each of their socialist hides. And the best way to do that is to vote straight Republican. Unfortunately, we rejected some of the most Constitutionally oriented candidates in the primary process. No matter, though. We can still work with those we have running. The Republicans are, after all, an electable bunch. Sure, I can nit-pick and find problems with most of them. Nevertheless, collectively, the Republicans are fielding a pretty good group --...

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U.S. Nov wholesale inventories rose 0.5 pct Thursday January 8, 10:00 am ET WASHINGTON, Jan 8 (Reuters) - U.S. Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) Nov Oct (Prev) Nov03/02 Inventories Total 0.5 0.5 0.5 2.2 Durable Goods 0.3 0.5 0.4 0.5 Automotive -0.5 2.5 2.7 -1.0 Prof'l equip 0.5 -0.1 -0.1 3.9 Computer equip. unch 1.4 1.1 1.0 Machinery 0.4 -0.2 -0.4 -1.9 Nondurable Goods 0.8 0.6 0.8 4.9 Petroleum 1.4 -0.4 -0.9 14.7 . Nov Oct (Prev) Nov03/02 Sales Total 0.3 2.0 2.0 5.5 Durable Goods 0.6 1.6 1.8 6.0 Automotive 2.0 1.1...

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

U.S. Sept wholesale inventories rose 0.4 pct Friday November 7, 10:01 am ET WASHINGTON, Nov 7 (Reuters) - U.S. Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) Sept Aug (Prev) Sept03/02 Inventories Total 0.4 -0.1 -0.2 0.9 Durable Goods 0.2 -0.3 -0.5 -0.2 Automotive -0.3 -1.7 -1.7 1.1 Prof'l equip 0.1 0.7 0.6 1.7 Computer equip -1.5 -1.2 -0.9 -7.1 Machinery -0.4 -0.1 -0.5 -2.8 Nondurable Goods 0.5 0.1 0.3 2.6 Petroleum 2.4 5.1 4.5 7.0 . Sept Aug (Prev) Sept03/02 Sales Total 0.5 0.2 0.4 3.9 Durable Goods 1.6 -0.4 -0.7 3.0 Automotive 1.1 -0.7...

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

U.S. Aug wholesale inventories fell 0.2 pct Wednesday October 8, 9:57 am ET WASHINGTON, Oct 8 (Reuters) - U.S. Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) Aug July (Prev) Aug03/02 Inventories Total -0.2 unch unch 0.7 Durable Goods -0.5 -0.6 -0.5 -0.6 Automotive -1.7 -2.4 -2.1 4.2 Prof'l equip 0.6 0.7 1.0 -0.3 Computer equip. -0.9 -1.6 0.2 -8.7 Machinery -0.5 -0.6 -0.5 -3.7 Nondurable Goods 0.3 1.0 0.8 2.7 Petroleum 4.5 -0.3 -0.9 7.7 . Aug July (Prev) Aug03/02 Sales Total 0.4 0.5 0.4 3.3 Durable Goods -0.7 0.2 0.4 unch Automotive -0.9 -1.0...

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

U.S. July wholesale inventories unchanged Tuesday September 9, 10:02 am ET WASHINGTON, Sept 9 (Reuters) - U.S Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) July June July03/02 Inventories Total unch unch 1.0 Durable Goods -0.5 -0.1 0.4 Automotive -2.1 1.6 4.6 Prof'l equip 1.0 0.5 1.7 Computer equip. 0.2 0.5 -3.0 Machinery -0.5 -0.8 -3.8 Nondurable Goods 0.8 0.2 1.9 Petroleum -0.9 2.6 0.1 . July June July03/02 Sales Total 0.4 1.6 3.9 Durable Goods 0.4 1.3 1.4 Automotive -1.0 2.3 2.1 Prof'l equip 0.5 0.6 1.0 Computer equip. unch 0.1 -5.9 Machinery 1.5 1.8...

Published on Sunday 1st of August 2010 04:18:01 AM Read more...

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