Hard hitting global and local news
In November of 2014, the Sun Times reported Metra’s $100,000 Club Includes Conductors, Engineers . Nearly one in four Metra conductors and assistant conductors pulled down at least $100,000 last year, and an even higher proportion of engineers — almost 40 percent — took home that amount, a Chicago Sun-Times analysis shows.
Many have remarked about how hot the world is this year. Â Not too surprising given the shift to a strong El Nino, with the global temperature anomaly moving up.
BLS vs.Gallup Unemployment Rate – Massive Discrepancies The Gallup Daily U.S.
See original article: Weekend Humor: Safety First – Image of a German, a Greek, and the IMF Designing a Rescue
Sentiment as a Measure of Health of the Economy; Sentiment Theory vs.
Taken from: Industrial Production Jumps on Surge in Auto Production; Revisions and Seasonal Adjustments in Play
The Illinois Policy Institute reports Manufacturer Moves Out of Madigan’s Backyard, Cites Unfriendly Business Climate . Illinois’ manufacturing meltdown is showing no signs of stopping. Hoist Liftruck, a manufacturer of industrial forklifts, has announced plans to move more than 300 manufacturing jobs from Bedford Park, Illinois, to East Chicago, Indiana
1st Quarter: +0.6% 2nd Quarter: +2.3% The retail sales revisions may add another 0.2% or so to second quarter, assuming there are no other changes. That’s a huge assumption given the history of revisions in nearly every economic number
Retail Sales Exceed Expectations, Huge Upward Revisions Retail sales, led once again by autos, beat the Bloomberg Economic Consensus .
Massive Fireball Explosions in Chinese Port City of Tianjin Kill 17; Video Footage, Images, Logistics, Reader Anecdotes A shipment of explosives went up in flames in the Chinese city of Tianjin. The Guardian reports least 17 Dead and Hundreds Injured