Hard hitting global and local news
The notion there is a trust fund is ludicrous but let’s look at this story through the eyes of a…
The average size of a loan for a new car in the U.S. set a record in the first quarter…
Analysts expected a rebound in German industrial orders. Instead, orders fell a steep 2.5%
McDonald’s president sent an email to all US employees announcing corporate job cuts. Wall Street is Happy.
In conversations with friends, one thought the current political scene was like the prelude to WWII. Another said WWI.
You’re not imagining things. Stuff is a little bit cheaper at Costco, Target, Walmart, and Kroger this year.
In real terms, workers make 0.3% more per hour than a year ago, assuming one believes the BLS CPI Statistics.
First-quarter US productivity was a disappointing 0.4%. Manufacturing productivity declined 1.2%. Wages rose 2.9%.
Things are about to heat up in the EU. Italy’s ministers threaten the EU/EMU with mass deportations.
Winning currency wars is easy. As with trade wars, one may not care for the end result.