National / International News
In Miami, home of the largest Cuban diaspora, two generations faced off on the streets. In Havana, demonstrators spoke of hope.
The day after the guardians of interest rates at the Federal Reserve issued a statement that would get demerits for vagueness from any freshman English professor. And we could see more information from the U.S. government as early as today about who hacked the computers of Sony Pictures, leading to the mass release of internal company emaisl and, now, the cancellation of the release of the movie at the center of this. That movie, titlted The Interview, is a comedy about a plot against the North Korean leader. In the last 24 hours, a unnamed U.S. official has been suggesting the hack may have started in North Korea. Plus, when you think of negotiating for higher pay, the people who work hard picking apples and cherries aren't the first folks who come to mind with the clout to drive up compensation. Individual farmworkers don't control much about their work environment. But in Washington's Yakima Valley, growers and workers alike say the growing use of cell phones has shaken up the labor market.
The Conference Board will release its monthly index of leading indicators Thursday: a collection of data from different pieces of the economy, including building permits, stock prices, consumer expectations, among others, all rolled into one tidy snapshot.
Chances are, the U.S. will look pretty as a picture, especially compared to other countries, says Bernie Baumohl, with the Economic Outlook Group. Europe and Japan are sluggish; China’s growth is slowing; and Russia’s in the midst of a currency crisis.
But so far, the U.S. is shrugging off the rest of the world’s economic woes, says Guy Berger, a U.S. economist at RBS Securities.
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