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Read More: Illinois Too Big a Risk: GE Moves Corporate Headquarters to Boston, Bypassing Chicago Citing Litany of Issues
Originally posted here: Irate German Politician Busses 31 Refugees to Merkel’s Office
The consumer conference board says Consumer Confidence Index Improves in December .
Spectrum reports Uber Could Be First to Test Completely Driverless Cars in Public Uber CEO Travis Kalanick has made no secret about wanting robots to replace human drivers in his rideshare service—and now he’s found somewhere to develop them. Last month, the governor of Arizona, Doug Ducey, paved the way for the world’s first driverless taxis on public roads
Negative interest rates have had a new and unusual effect on taxing bodies in Switzerland: Swiss Canton Tells Taxpayers to Delay Settling Bills . Taxpayers in parts of Switzerland this year face an unusual request from fiscal authorities: please delay settling your bill until as late as possible
Excerpt from: Pigs at the Trough: Rating Agencies as Corrupt as Ever
Visit link: Investigating Claims "North Atlantic Trade Ground to a Halt, No Ships Moving"; The Real Shipping Story
Chinese capital flight is undoubtedly higher than the Wall Street Journal chart shows. For an explanation, please consider China Finds More Discreet Ways to Support the Yuan . Just because China is burning through its reported foreign-exchange reserves more slowly doesn’t mean it’s losing its commitment to support the yuan.
Read More: Four or Five Rate Hikes in 2016? Really?
PCE declined by 0.13. That’s a total of decline for those three components of 0.37 percentage points. Part of that decline was based not only on revisions, but also on a month-over month decline in November construction spending of 0.4 percentage points. If 3/4 of the decline in those components is due to construction spending, then I estimate third quarter GDP will be revised about .57 percentage points lower, second quarter .56 percentage points lower, and first quarter .21 percentage points higher