Hard hitting global and local news
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Error Over Quota This application is temporarily over its serving quota.
Reuters reports Pimco’s Gross: Low interest rates may persist for decades Bill Gross, manager of The Pimco Total Return Fund, said on Wednesday that the global economy may be facing low policy rates for decades. Gross wrote in his October investment outlook that investors should "bet against" expectations that the federal funds rate – the U.S. Federal Reserve’s benchmark short-term borrowing rate – will rise by one percentage point by late 2015
Read More: Vallejo, Mired in Pension Debt Again; Lesson for Stockton and Detroit – Shed Those Pension Obligations Now!
See original article: Record $217 Billion Corporate Bond Issuance in September; Verizon Leads the Way With Largest Bond Deal Ever…
See the original article here: More Government Shutdown Hype
More: Is the U.S. Headed in the Right Direction?
View article: Italy on Verge of Downgrade to Junk; Silvio Berlusconi’s Supporters Threaten Mass Resignation from Parliament
Error Over Quota This application is temporarily over its serving quota. Please try again later.