Hard hitting global and local news
Following today’s income and outlays report, the GDPNow forecast took a dive to 3.8% from 4.5%. Nowcast barely moved.
Economists missed the mark badly. They expected a rise in real spending of 0.2%. Revisions make the miss even worse.
A deal has been worked out at the last moment. Whether it satisfies CSU or is in accordance with rules…
Trump’s vise on the EU started with steel, progressed to cars, then to Iran, and now to a gas pipeline…
Tesla now wants an extra $2,500 from depositors who plunked down $1,000 to “reserve” a car.
Consumer spending revisions took the 3rd estimate of the 1st-quarter GDP to 2.0% from 2.2%.
On MSNBC’s Morning Joe, Steven Rattner presented charts showing how the fallout from Trump’s trade war is coming home.
The last time, India had worked out a rupee-rial exchange system for India to pay for Iranian oil. Trump says…
I did not believe Trump would be so foolish as to force the entire world to accept Iranian sanctions. I…
In Janus vs. AFSCME, the Supreme Court correctly dealt a huge blow to forced membership in unions.