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Continue Reading: Greece Empties IMF Reserve Account to Pay IMF; Liquidity "Terribly Urgent" Says Finance Minister
Microsoft has finally abandoned its bug-ridden update model process. Extreme Tech reports Windows 10 will be the last version of Windows . For the last few decades, Microsoft would sit down and build a new version of Windows every three years or so.
A self-proclaimed "progressive capitalist" (hypocrite) store owner in San Francisco complains about Proposition J which voters passed with a 77% approval rate hiking the minimum wage to $15. Capitalism for Me Socialism for Thee The National Review details the plight of Brian Hibbs, owner and operator of Comix Experience, an iconic comic-book and graphic-novel shop on San Francisco’s Divisadero Street, of the city’s new minimum-wage law. Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually.
See the original article here: Atlanta Fed "Keeps Faith in Strong Recovery"
Establishment +233K Jobs; Household +192K Employment, Part-Time Employment +198K, Labor Force +166K Initial Reaction Today we see a snap back from last month’s report on both establishment jobs and household survey employment. Last month the household survey came in at an anemic 34,000. This month it is 192,000.
Meet Yangyang Another Humanoid Robot A female humanoid robot " Yangyang ", named and modeled after her creator, has a variety of realistic facial expressions. "Yangyang" wows visitors at Beijing’s Global Mobile Internet Conference. The robot is modeled on one of the researchers who helped develop the technology.
European 10-Year Bond Yields Spike Higher; Contagion Already?
Pierre Moscovici, the European commissioner for economic affairs, warns Debt Talks on Hold Until Greece Agrees Reforms . Greece’s eurozone creditors will not discuss how to get the country’s sovereign debt back on a sustainable path until Athens agrees to a new economic reform programme that would release €7.2bn in desperately needed bailout funds, the EU’s economic chief said on Tuesday. Pierre Moscovici, the European commissioner for economic affairs, said debt issues “can only be discussed after we have agreed a reform programmeâ€
Many producers have approached Ron Paul about doing a documentary regarding Paul’s philosophical views. Until now, Ron Paul has turned down all such overtures. Empire of Lies I am pleased to report that Ron Paul just now authorized a long-time friend, Charles Goyette, to make that documentary
Read the original post: Factory Orders Positive First Time in 8 Months, Remain Weak