Hard hitting global and local news
Here are a few snips from the Dallas Fed Manufacturing Survey . Texas factory activity continued to increase in July, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell from 15.5 to 12, suggesting slightly slower output growth.
Link: Eurozone Retail Sales Sink 9th Month; 17th Month of Contraction in Italy; Margins Collapse in France; Germany Barely Above…
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional
View article: JCPenney to Eliminate All Checkout Clerks, Instead Using RFID Chips and Self-Checkout; End of JCPenny? How Many Jobs…
In a welcome, common sense ruling, Court lets Stockton, Calif.
Excerpt from: Schäuble Rejects ECB Help for Spain; Full Bailout Still Coming
See more here: Is Global Trade About To Collapse? Where are Oil Prices Headed? A Chat with Mish
New home sales unexpectedly plunged today, with the biggest drop in over a year . New U.S
Original post: Germany in Recession: Private Sector Sees Fastest Falls in Output and New Business Since June 2009; New Export…