Author: Mish

Jobs rose by a whopping 263,000 but the discrepancy between the jobs survey and the household survey widens.

Nigel Farage’s newly formed Brexit Party is in first place in European Parliament polls, pulling well ahead of Labour.

Supply of luxury $2.0 million homes is up four consecutive quarters but sales are down 16%, the most since 2010.

Zuckerberg is promoting private rooms. What’s the real reason?

On Powell’s statements at the press conference stocks, the markets reversed. Yesterday, Trump blasted the Fed.

Bond yields are lower across the board with inversions widening following the Fed’s decision to hold rates steady.

Robots at Amazon decide who gets a job. Based on performance algorithms, the robots also decide who gets fired.

Construction spending declined 0.9% in March and revisions in February were negative.

Trump, Speaker Pelosi, and Senate Minority Leader Schumer are in agreement on spending massive amounts of money.

The Queen’s Speech is a constitutional requirement. Theresa May needs to postpone it until some sort of deal is reached.