Like a Halloween ghoul jumping out of nowhere with a pile of candy, Japan’s central bank today announced its radically increasing its economic stimulus program. It’s an effort to stop deflation and to counter act a hike in the sales tax that depressed consumers in Japan. Up went Japan’s Nikkei stock index by 4 point eight percent—That’s the like the Dow jumping 825 points. And there were other consequences. More on that. Plus, the two biggest cinema chains in the U.S. reported dismal summer profits this week, even though summer is supposed to be prime movie-going season. We look into the flailing movie theater industry. Plus, we’ve been calling our sources to see what might next Tuesday’s mid-term elections mean for the economy, jobs and businesses.
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