Tag: last-10-posts

October 30, 2015 0

Personal Income, Consumer Spending Rise Less Than Expected; PCE Price Index Negative; 4th Quarter Acceleration Coming Up?

By News Desk

Personal Income, Consumer Spending Weaker Than Economists Expect Today’s Personal Income and Outlays report came in below Consensus Estimates . Inflation is not building based on the Fed’s favorite reading, the core PCE price index which inched a lower-than-expected 0.1 percent higher in September with the year-on-year rate steady and flat at only plus 1.3 percent

October 27, 2015 0

Winter Scramble; Refugees Will Freeze to Death Warns Juncker; Tony Blair Apologizes for Creation of ISIS

By News Desk

Refugees will Freeze to Death Warns Juncker Without assigning any blame to himself for the predicament, Juncker warns Refugees Will Freeze to Death . Migrants crossing the Balkans will begin freezing to death as winter approaches, the head of European Union has said, as leaders warned the continent was "falling apart" trying to deal with the biggest refugee crisis since the Second World War

October 26, 2015 0

Chinese Malls Hit With Low Traffic, Rising Vacancies, Plunging Rent, Massive Overcapacity

By News Desk

Reuters asks Why are Chinese Malls Closing if Consumption is Rising? Rising vacancy rates and plummeting rents are increasingly common in Chinese malls and department stores, despite official data showing a sharp rebound in retail sales that helped the world’s second-largest economy beat expectations in the third quarter. The answer to that apparent contradiction lies in the rising competition from online shopping and government purchases possibly boosting retail statistics.