Bloomberg Has A New Billionaire Rankings List That Should Kill Every Other Billionaire Rankings List

Well, this should give Forbes—known for their annual "rich lists"—a run for their money. Last night, Bloomberg released the "Bloomberg Billionaires Index," the first daily global ranking of the richest people in the world as part of their coverage of wealth. The index is available here, and its most noticeable characteristic is that it is built to change daily depending on stock fluctuations and economic/company news. From the methodology— The index is a dynamic measure of the world’s wealthy based on changes in markets, the economy and Bloomberg reporting. Each net-worth figure is updated every business day at 5:30 p.m....

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The LEAST Miserable Cities In America

We wish that we could call this list, "The Happiest Cities In America." But right now every city in America is suffering. The least miserable cities might surprise you, including Pittsburgh and Buffalo. These cities experienced less of a boom during the bubble, so they're finding it easier to recover. Conversely the most miserable cities are mostly housing bubble capitals. Our list is based on an index from Brookings including unemployment rate and change in employment, home prices and gross metro product since before the recession. ________________________________________________________________________________________________________________________ #20 McAllen, Texas Unemployment rate of 12.2% Employment up 2.0% from peak Gross...

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Service sector expands at slower pace in Oct. (ISM)

The ISM non-manufacturing index inched lower to 52.9% from 53.0% in September. The decrease was unexpected. Economists were looking the index to increase to 53.5%.

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ISM: U.S. manufacturing growth slows in October

The Institute for Supply Management said its manufacturing gauge dropped to 50.8% last month – just slightly above a 2011 low - from 51.6% in September. Economists surveyed by MarketWatch had expected the closely followed index to rise to 52.1%. Reading over 50% indicate more manufacturers are expanding instead of shrinking.

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Dallas Fed business index improves in October

...The bank's index jumped to 2.3% in October from -14.4% in September...

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Chicago PMI shows slowing expansion in October

...the Chicago PMI, edged back to a 58.4% reading in October from 60.4% in September. The reading was exactly in line with a MarketWatch-compiled economist poll...

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Chicago Fed index on U.S. economy improves

The Federal Reserve Bank of Chicago's national activity index, which gauges the health of the U.S. economy, improved to -0.22 in September from -0.59 in August...A three-month average of the index, meanwhile, rose to -0.21 from negative -0.28

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Philly Fed index recovers in October

Manufacturing in the Philadelphia region showed signs of recovery in October, the Federal Reserve Bank of Philadelphia reported Thursday. The Philly Fed diffusion index rose to 8.7 in October from negative 17.5 in September. This is the first positive reading in three months. Readings above zero indicate expansion. The jump was much stronger than expected. Economists polled by MarketWatch had anticipated a negative 10.0 reading for October.

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