Hard hitting global and local news
For example, the New York Times reported in March Wells Fargo Puts a Ceiling on Subprime Auto Loans . Wells Fargo, one of the largest subprime car lenders, is pulling back from that roaring market, a move that is being felt throughout the broader auto industry.
View original post here: Terrorist Mastermind Killed in Raid; France Blames Belgium; Criticized Belgium Locks Barn Door Read
Pat Buchanan asks (and correctly answers) the question Is Putin Our Ally in Syria? The President’s strategy is to contain, degrade and defeat ISIS. While no one has provided the troops to defeat ISIS, the U.S.
Bloomberg notes Japan Enters Recession as Economy Contracts in the Third Quarter . Japan’s economy contracted in the third quarter on sluggish business investment, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took office in December 2012.
In an opinion piece on MarketWatch, writer Steve Goldstein says Paris Attacks Show U.S. Should Reverse Policy on Syria’s Assad
Visit link: PPI Unexpectedly Declines Second Month; Another Big Decline Likely Next Month
Although denying that was his intention, European Commission President Jean-Claude Juncker Plans Deposit Guarantee Fund by 2024 .
Taken from: EU Pledged to Relocate 160,000 Refugees in One Year – Results So Far, 147 in Three Months
Ship & Bunker reports Box Markets are in an Over-Capacity Crisis, Next Year Will be Worse Credit managers may well be keeping an even closer eye on box carriers next year, following a warning from Drewry that the sector is set to face even tougher times in 2016 as the in-balance of supply and demand slides to its worst since financial crisis hit 2009. And the research agency says the slump could last for several years
Rising Trucker’s Pay, Falling Desire for Trucking Jobs Provide Reasons Self-Driving Trucks Will Reshape Industry Fewer and fewer people are willing to live the trucker’s life. This has created a shortage in drivers and in turn Rising Pay is Reshaping the Trucking Industry . The shortage of truck drivers in the U.S