Hard hitting global and local news
Now that we have the backdrop out of the way, please consider Twinkie’s Miracle Comeback: The Untold, Inside Story of a $2 Billion Feast Walk in the door of Hostess Brands’ flagship bakery in Emporia, Kansas and your first thought is: What a dump.
Read the original post: Initial Unemployment Claims Plunge to 262,000 – Lowest Since April 2000; What’s Going On?
View original post here: Fed Cites Weather, "Transitory" Factors in FOMC Statement; No Hat Tricks; What About Consumer Sentiment?
See more here: Deconstructing and Debunking Shadowstats
Meanwhile, please consider Tsipras Reshuffles Negotiating Team to Sideline Varoufakis . Greece’s outspoken finance minister Yanis Varoufakis has been sidelined after three months of fruitless talks with international creditors to unlock €7.2bn in bailout funds, heartening investors and sparking a rally on the Athens stock market. Eurozone officials said they were encouraged by the move by Alexis Tsipras, Greece’s prime minister, to overhaul his bailout negotiating team in the wake of an acrimonious meeting of eurozone finance ministers in Riga last week
The San Francisco Chronicle details the problem in BART has New Problem: Old Tracks . The nearly half-century-old system needs to replace its worn steel rails and cross ties.
Read More: Supersaturation and Store Cannibalization: McDonald’s to Close 700 Stores, 350 Already Took Place First Quarter
Any notion that pension shortfalls can be balanced on the backs of Illinois taxpayers needs to vanish now. How did Illinois plans became so underfunded? In general, by promising far more than can possibly be delivered
Read More: Kansas City Fed Manufacturing Report: Nearly a Clean Negative Sweep; US Dollar Effect in Spotlight