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‘Two Cats,’ Today’s Comic by Seo Kim
July 6, 2018 Off

‘Two Cats,’ Today’s Comic by Seo Kim

By Seo Kim

Sign up for our newsletter to get the best of VICE delivered to your inbox daily. Check out more of…

GDPNow ISM Bounce Fades: Forecast Dips to 3.8%, Nowcast Remains 2.8%
July 6, 2018 Off

GDPNow ISM Bounce Fades: Forecast Dips to 3.8%, Nowcast Remains 2.8%

By Mike Mish Shedlock

Volatility remains the name of the game for GDPNow. Nonvolatility is the game for the New York Fed Nowcast.

Despite 213K Jobs Gain, Unemployment Up by 499K: Wage Growth Anemic Again
July 6, 2018 Off

Despite 213K Jobs Gain, Unemployment Up by 499K: Wage Growth Anemic Again

By Mike Mish Shedlock

The labor force expanded by 601K sending the unemployment rate up to 4.0% from 3.8%. Wage Growth missed expectations.

Seven Rate Hikes and a Big Stumble
July 6, 2018 Off

Seven Rate Hikes and a Big Stumble

By Mike Mish Shedlock

Alpine Macro put together an interesting set of charts with commentary. Let’s take a look.

I Learned to Play Violin in Prison
July 6, 2018 Off

I Learned to Play Violin in Prison

By Jason Naradzay

This article was published in collaboration with the Marshall Project. Sign up for their newsletter.First, let me situate you: doors…

This Is Who Pays When You Use MoviePass to See Movies for ‘Free’
July 6, 2018 Off

This Is Who Pays When You Use MoviePass to See Movies for ‘Free’

By Rick Paulas

In the wake of any “disruptive” technology are winners and losers, and MoviePass, the way-too-good-to-be-true movie theater deal, is no…

Vitaliy Katsenelson Explains “Why I Canceled My Model 3 Order”
July 6, 2018 Off

Vitaliy Katsenelson Explains “Why I Canceled My Model 3 Order”

By Mike Mish Shedlock

Take a gander at the Model 3 shopping experience. If you still like Tesla, as a company, you are delusional.

Wage Pressures in Japan, Devaluation in China: Renminbi has Worst Month Ever
July 5, 2018 Off

Wage Pressures in Japan, Devaluation in China: Renminbi has Worst Month Ever

By Mike Mish Shedlock

The Renminbi had its worst month ever in June. Meanwhile, wage pressures mount in Japan.

Breaking: Congress Continues to Do Pretty Much Nothing
July 5, 2018 Off

Breaking: Congress Continues to Do Pretty Much Nothing

By Mark Hay

Last summer, after several Republican attempts at repealing and replacing the Affordable Care Act collapsed, a number of legislators and…

Scott Pruitt Was Somehow Too Dumb and Corrupt Even for Trump
July 5, 2018 Off

Scott Pruitt Was Somehow Too Dumb and Corrupt Even for Trump

By Matt Taylor

On Thursday, Scott Pruitt, the mind-numbingly corrupt and thoroughly medieval global warming skeptic Donald Trump saw fit to place in…

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