Hard hitting global and local news
Hard hitting global and local news
Originally posted here: Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by…
ISM Report Snips PMI Manufacturing expanded in January as the PMI® registered 51.3 percent, a decrease of 5.2 percentage points when compared to December’s seasonally adjusted reading of 56.5 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.
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Read More: Barcelona to Fine Owners of Empty Homes 100,000 Euros
Originally posted here: "Secret" Meetings on Greece? Say It Ain’t So; Euro Contagion Coming Up
I invite you to read World risks deflationary shock as BRICS puncture credit bubbles by Ambrose Evans-Pritchard. It is a remarkable state of affairs that the G2 monetary superpowers – the US and China – should both be tightening into such a 20pc risk, though no doubt they have concluded that asset bubbles are becoming an even bigger danger
View article: Harris v. Quinn: A Mother Petitions the Supreme Court in Fight Against Parasitic Unions
Read More: Spain Misses Watered-Down Budget Deficit Targets Yet Again
Growth of output eases to marginal pace Quickest rate of job shedding since March 2009 Marked falls in input costs and output charge January data signalled a deterioration of operating conditions in China’s manufacturing sector for the first time in six months.