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Visit site: Chicago PMI Contracts Again, 6th Time in 10 Months; Service Economy Poised for a Big Slowdown?
Please consider Amazon Unveils New Hybrid Drone Prototype to Make Deliveries Within 30 Minutes . Amazon has unveiled a new hybrid delivery drone that can fly both vertically, as a helicopter capable of landing in customers’ backyards, and horizontally like a conventional plane. The drone can travel up to 15 miles at high speed.
The Guardian reports, John McCain and Lindsey Graham call for 20,000 troops in Syria and Iraq . Two senior senators called on Sunday for Washington to nearly triple military force levels in Iraq to 10,000 and send an equal number of troops to Syria as part of a multinational ground force to counter Islamic State in both countries. McCain, chairman of the Senate armed services committee, recently proposed intervention in Syria by a European and Arab ground force backed by 10,000 US military advisers and trainers.
Read More: Thin Crowds, Subdued Shopping on Black and Blue Friday; Thanksgiving Shopping a Bust
Taken from: Majority in UK Now Favor Brexit; Cameron’s Quandary
On the Verge of Consumer Exhaustion Fourth Quarter GDPNow Forecast Sinks to 1.8% Following today’s personal income report in which consumer spending rose only 0.1% month-over-month, the Atlanta Fed GDPNow Forecast for fourth quarter declined by 0.5 percent to 1.8 percent. " The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 1.8 percent on November 25, down from 2.3 percent on November 18. The forecast for the fourth-quarter rate of real consumer spending declined from 3.1 percent to 2.2 percent after this morning’s personal income and outlays release from the U.S.
Read the original post: Personal Income and Outlays: Income Hits Estimates, Spending Disappoints; Optimism Reins Supreme
Read the article: Flight Paths Over Turkey Analyzed; Obama Defends Turkey; Choose Your Friends and Enemies Wisely; Merkel Madness
Read More: Richmond Fed Region Negative Again; Inventories Suggest Outright Disaster on Horizon
The Financial Times reports Turkey Shoots Down Russian Fighter Jet on Syrian Border . Vladimir Putin has accused the Turkish government of providing financial and military support to Isis, in a furious response to the downing of a Russian fighter jet near the Syria-Turkey border.