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Take Action, Go Auction!

The main purpose of our blog is to promote the Auction Method of selling as the primary vehicle in which to convert assets into available capital.

2237 articles

Beige Book: Some US Districts See Economic Growth Slowing

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The pace of economic activity has slowed in some parts of the country, but held steady in others, revealing a choppy path back to health, the Federal Reserve said on Wednesday. Read more

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Stocks fall on economic outlook

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NEW YORK (Reuters) – U.S. stocks fell on Wednesday after weak durable goods figures and a downbeat assessment of the economy from the Fed’s Beige Book kept the benchmark S&P 500 trapped below its 200-day moving average. Read more

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Fed says some districts report slowing economy

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WASHINGTON (Reuters) – The economy kept growing overall in recent weeks, but unevenly and it actually slowed in a few regions as housing markets softened after the end of a popular tax break, the Federal Reserve said on Wednesday. Read more

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Research says climate change undeniable

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First major new piece of scientific research since the ?climategate' scandals Read more

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Conoco to sell stake in Russia's Lukoil

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ConocoPhilips said it would sell its entire stake in Lukoil, Russia's second biggest oil producer, as part of continuing efforts to raise funds to repurchase shares and reduce debt Read more

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Wall Street slips, S&P hovers at technical level

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NEW YORK (Reuters) – The S&P 500 struggled to break a key technical level as conflicting reports showing improved corporate earnings and falling orders for the most expensive manufactured goods kept U.S. stocks slightly lower on Wednesday. Read more

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Durable goods orders fall, but business spending up

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WASHINGTON (Reuters) – New orders for U.S. manufactured goods like cars and planes fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter. Read more

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Second Depression Averted Due to Bailouts: Study

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Durable Goods Orders Fall Short as Demand Stays Weak

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New orders for long-lasting U.S. manufactured goods unexpectedly fell for a second straight month in June, posting their largest decline since August, further evidence economic growth cooled in the second quarter. Read more

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Risky assets struggle to extend rise

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Global Markets Overview: The FTSE All-World stock index is up 0.2% as Asian stocks rise on China confidence but European and US shares slip as companies warn on future earnings Read more

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