Author: Mike Mish Shedlock

The Five Star + Lega coalition is back in place. Italy’s president Sergio Mattarella likely has little choice this time.

The BEA reports real disposable income rose 0.2% while real spending rose 0.4%.

Jim Puplava thinks a liquidity crisis is on the horizon. I agree, adding that the problem is global.

Sergio Mattarella’s appointment of an IMF technocrat to head Italy is about to backfire on him miserably.

Mary Meeker gave her annual report on internet trends Wednesday at Recode’s Code Conference.

The Fed’s “Beige Book” report finds employment grew at a modest to moderate pace across most Fed districts.

Hours ago there was yet another reported Tesla autopilot crash with a parked vehicle.

It’s nearly June, but we are just now getting a look at Census Department “advance” numbers for April.

Let’s take a momentary reprieve from Italian insolvency to discuss the sorry state of affairs in Illinois.

If you think it’s likely Italy’s center-right coalition will form again, an Italian reader says think again.