Hard hitting global and local news
Looking for another reason to favor a no-deal Brexit? I have one: Consumers will benefit massively.
At -59.8 billion, the trade deficit blew past the top estimate of any Econoday economist, up a whopping 18.8%.
Full-size bus testing is underway. Some readers tell me this could not happen for decades. My calendar says its 2019.
The US budget deficit is up 77% unadjusted, but “only” 40% after factoring in timing considerations.
The Credit Strategist notes that Musk crossed the line once again violating SEC rules.
New home sales rose a seemingly solid 3.7% to 621K but the reason is suspect: Strong negative revisions in Oct…
French President Emmanuel Macron tops the list of the political elite truly not understanding reasons behind anything.
Everywhere rent control has been tried, it’s been a failure. Nonetheless, Illinois politicians want their turn.
GM wants to close unprofitable plants. Trump and the unions demand GM keep the plants open.
Economists are easily surprised. Today’s surprise is in regard to construction spending.