iBankCoin
Home / Economy (page 86)

Economy

FLASH: Italian 10yr Bonds NOT Stable Anymore

Slowly but surely, the yields on Italian 10yr bonds have been rising, now +2.2% today to 5.25%.

Related: Spanish yields are +1% to 5.09%

Comments »

Amazon Offers California 7,000 Jobs if it Drops Tax

Amazon.com Inc has proposed a hiring spree of 7,000 jobs in California if state leaders put a recently enacted online sales tax on hold for two years.

The offer comes as California contends with the second-highest unemployment rate among U.S. states and broad anxiety about the national economy.

The tax, which took effect on July 1, requires retailers outside of California to collect sales taxes on online orders made through California-based affiliates. If it is not enforced until 2014, the largest Internet retailer also would drop its effort to put a measure to California voters that would repeal it.

READ MORE HERE AT MSNBC.COM

Comments »