Tuesday, June 12, 2012

DailyMarkets.com - ECB Calls For Banking Union To Help End Turbulence

DailyMarkets.com - ECB Calls For Banking Union To Help End Turbulence

ECB Calls For Banking Union To Help End Turbulence

Posted: 12 Jun 2012 10:17 AM PDT

    The euro area should start to create a banking union as part its monetary union to help put an end to the turbulence that has affected the 17-nations that share the euro currency, the European Central Bank said.
    In its bi-annual Financial Stability Review, the ECB called on member states to accelerate initiatives to strengthen the monetary union as fresh financial market pressures show there is no room for complacency in implementing changes. 
    … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Domestic Crude Oil Lowers The Risk Premium

Posted: 12 Jun 2012 09:39 AM PDT

Mark Maddox, former senior official at the Department of Energy and now an energy fellow at the American Action Forum, makes several goods points today in his Washington Examiner editorial:
 
“In our national debate over domestic oil production, too much time is spent discussing whether more production can lead to oil independence and too little time on the potential impact on liquidity in global oil markets. Lost in the back and forth is the fact that increasing domestic production by any … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

LEGO Teams With ALSF To Build World’s Largest Lemonade Stand Out Of LEGO Bricks

Posted: 12 Jun 2012 09:30 AM PDT

06/12/12 On Friday June 8th, LEGO and national fundraising movement Alex’s Lemonade Stand Foundation (ALSF) hosted a 2-day collaborative build of the world’s largest lemonade stand made entirely of LEGO® … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Cities Offering To Pay Off Student Loan Debt To Attract Young Residents

Posted: 12 Jun 2012 09:24 AM PDT

Good Morning America — “Under the plan in Niagara Falls, NY, graduates who have earned a 2- or 4-year degree in the past two years can apply for up to $3,500 a year (for two years) towards repayment of their student loans. The same deal would be offered to graduate students. Graduates of Niagara University and Niagara County Community College will be targeted at first, though the city hopes eventually to recruit graduates from other parts of the country.

To qualify, applicants will have to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Smart Beds

Posted: 12 Jun 2012 08:36 AM PDT

Daily Mail — “The simple act of making a bed is, for most of us, the first chore of each day.  Now the relentless march of technology threatens to bring to an end even this most straightforward of domestic tasks. Spanish firm OHEA has unveiled its Smart Bed, an electronic bed that makes itself (see video above).”

HT: Bill … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Steady Above $83 Following OPEC Report

Posted: 12 Jun 2012 03:00 AM PDT

06/12/12 Following a new OPEC report showing that its members are still pumping out oil at its highest levels since 2008, front month crude prices have remained steady this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Higher Despite Debt Concerns

Posted: 12 Jun 2012 02:00 AM PDT

06/12/12 Despite recent eurozone debt concerns, the euro has been trading higher Tuesday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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