Business Beast - Is the ‘Conservative Recovery’ Finally Over?

January 07 Having trouble viewing this? View it online.

1 Good News Is the ‘Conservative Recovery’ Over? Public-sector job losses have been dragging down the recovery for years. But there are new signs that the bloodletting is easing up at the state and local levels. Daniel Gross reports on a positive trend for 2013. Read it at The Daily Beast

2 In Newsweek Eunuchs of the Universe Twenty-five years after ‘Bonfire of the Vanities,’ Tom Wolfe offers a searing indictment of how finance went wrong. Read it at The Daily Beast 4 DEALS Al Jazeera Bought Current? Meh Isn’t foreign direct investment as American as apple pie? Daniel Gross on why those who don’t like the deal should just change the channel. Read it at The Daily Beast Fannie Mae has a little more than $10 billion coming its way, as Bank of America has agreed to pay the mortgage firm for any unsettled claims from the housing-market crash. READ IT NOW › 5 Worth a Look The Week’s Best Biz Reads Obama’s former chief economist calls Paul Volcker a hero, and America’s banks are still entirely mysterious—even to the most sophisticated investors. Read it at The Daily Beast 3 Retail Hobby Lobby’s Birth-Control Battle The evangelical-owned craft chain is defying Affordable Care Act regulations on emergency-contraception coverage, risking millions in fines. David Sessions reports. Read it at The Daily Beast 10 Things to Freak Out About in 2013 The History of Nintendo In Two Minutes In response to Is Government Finally Hiring?: when we equate higher federal employment with recovery we have truly fallen off the left end of the table —TonyHines In response to Eunuchs of the Universe: Eviscerating and most penetrating explanation of why individual investors have left the stock market in droves. —Littlemisssunshine

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