10-07-2014, 01:56 AM
Solar photovoltaic (PV) panels constitute the fastest growing renewable energy technology in the world since 2000. Global capacity has exploded from 1.5 gigawatts at the turn of the century to 136 gigawatts currently, according to the Paris-based International Energy Agency.
Old Energy Is Doing Everything It Can To Stop The Rise Of Solar - Business Insider
British workers face a "lost decade" of real wage growth, financial services firm EY warned on Monday, with the "squeezed middle" and young people set to feel the brunt.
UK workers face ‘lost decade’ of wage growth
But as it happens, Northwest Bio’s stock, after a brief upward spike, ended the week down 11 percent below where it was the day before the news from Britain crossed the ticker. And therein lies an eye-opening tale of how hedge funds and their Wall Street allies stifle innovation and damage the economy in their relentless pursuit of short-term trading profits.
Northwest Biotherapeutics stock woes highlight the harm of short sales - The Washington Post
Over the past year the PCE index has risen 1.5%, down from 1.6% in the prior month and a two-year peak of 1.7% in May. With inflation cooling off a bit, the Federal Reserve can wait longer before it raises short-term interest rates for the first time since 2008.
Consumer spending bounces back as summer ends - MarketWatch
The Federal Reserve should be "exceptionally patient" in removing monetary policy accommodation, delaying interest-rate hikes until it is confident the U.S. economy can withstand them and only raising rates slowly once it starts, a top Fed official said on Monday.
Fed's Evans repeats call for patience in raising U.S. interest rates - Yahoo Finance
The real job creators are not CEOs or corporations or wealthy investors. The job creators are members of America’s vast middle class and the poor, whose purchases cause businesses to expand and invest.
Robert Reich (Raising Most People's Wages)
The truth is that the quiescence of interest and inflation rates was predicted by everyone who understood the obvious — that we had entered a liquidity trap — and thought through the implications. I explained it more than five years ago. When central banks have pushed policy rates as low as they can, and the economy is still depressed, what that tells you is that the economy is awash in excess desired savings that have nowhere to go.
Nobody Could Have Predicted, Bill Gross Edition - NYTimes.com