Chicago Fed “Index Points to Slower Economic Growth in April”

via calculatedriskblog: From the Chicago Fed: Index Points to Slower Economic Growth in April Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.45 in April from +0.05 in March. Three of the four broad categories of indicators that make up the index decreased from March, and two of the four categories … Read more

Carmageddon Sinks Tesla’s Bonds

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Tesla is steeped in chaos – and chaos is absolutely the opposite what a complex manufacturing, distribution, and retail operation needs. When bonds dive, it’s a bad sign. And Tesla’s bonds dove today to new all-time lows, and the yield spiked to new highs. In August 2017, Tesla sold $1.8 billion … Read more

Markets are largely pricing in the likelihood of some sort of trade deal, despite the fact that the U.S. & China appear to be hardening their stances.

Markets are largely pricing in the likelihood of some sort of trade deal, despite the fact that the U.S. & China appear to be hardening their stances. A May @BofAML survey shows 85% of credit investors expect a deal on trade while only 10% expect escalation into trade war. — Lisa Abramowicz (@lisaabramowicz1) May 20, … Read more

Amazon scammed me out of ~$1000

by Ritwikb2 Hey guys, Bear with me, as this is somewhat a long story. TL;DR at the bottom. I purchased an Apple Watch Series 4 for $485 from Amazon March 24th 2019. I shipped it to an Amazon locker(We’ll call this “Watch Number 1”). When I picked it up at the Amazon locker, I decided … Read more

To all the graduating high school seniors and those turning 18 – Get a bank account that’s only in your name.

by justathoughtfromme For minors, it’s generally required for a parent to co-sign their bank accounts. Once you turn 18, it’s best to establish an account in your name ONLY, so you have sole control of it. It would even be better if you can establish the account at a different bank/credit union than the one … Read more

Trump Readies The Economy, Transition Coming

Ford is restructuring and laying off middle management globally. The company is removing bureaucracy and increasing the number of workers that report to managers. Farmers will be able to do business with Canada and Mexico. Chicago Fed says economic index falling. The [CB] is losing speed, Trump will begin to push the Fed towards lower … Read more

These Are the Highest Paying Jobs for the Class of 2019

Via Bloomberg The Class of 2019 is getting ready to enter one hot job market. And grads with a background in slicing and dicing data have an edge. Data scientist was the highest-paying entry-level job last year, according to Glassdoor research. Young adults in this field earned a median annual base salary of $95,000. That’s higher than young … Read more

Former Bernie Sanders staffer sues pro-Sanders organization for racial discrimination

Watch the latest video at foxnews.com A former Bernie Sanders campaign staffer has filed a racial discrimination lawsuit against the pro-Sanders group, Our Revolution. On “Fox & Friends” Monday, Tezlyn Figaro, who served as director for racial justice issues on the Sanders campaign in 2016, said she and others have been “concerned for years with issues … Read more