Hard hitting global and local news
Read More: Romney Way to Left of Paul Krugman, Erza Klein, and President Obama on Trade Issues; An Idea Whose…
The Wall Street Journal reports Amid Falling Profit, McDonald’s to Revisit ‘Dollar Menu’ McDonald’s Corp. reported a 3.5% decline in third-quarter earnings as sales slowed more dramatically than expected because of a sluggish economy and a disappointing marketing campaign. "We face softening demand, heightened competition and rising costs in many of our markets," Chief Financial Officer Pete Bensen said.
Today we learned from El Pais English edition that Brussels Revises Spain’s Deficit Upward to 9.4% of GDP The European Union’s statistics office, Eurostat, on Monday said it had revised Spain’s public deficit for last year upward from 8.5 percent of GDP to 9.4 percent to reflect state injections of capital into nationalized banks. That put Spain on a par with Greece and only behind Ireland, whose shortfall was 13.4 percent of GDP, in the EU
The IRS has a publication on Determining Full-Time Status for Purposes of Shared Responsibility for Health Coverage .
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Error Over Quota This application is temporarily over its serving quota. Please try again later.
As I noted a week ago in So Much For Today’s Surprising "Drop" In Weekly Jobless Claims; California Forgot to Report 30,000 Claims … I still think Friday’s jobs report will be revised away, but I am positive today’s "surprising" report will be (for the simple reason California forgot to report 30,000 claims)
Continue reading here: Philly Fed Rises But Details Very Weak; Future Expectations Plunge