Spreading the truth. Empowering the people.
via observer: Every other year, local governments desiring some of the roughly $2.7 billion that the U.S. Department of Housing and Urban Development (HUD) spends annually on homeless services must complete a task: Tell HUD … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Sign the already weak goods-based sector is getting weaker. Boeing, where art thou? Boeing is suffering from a sharp decline in orders, and this translates into a sharp … Read more
by Steve St. Angelo of SRSrocco Report After reporting lower than expected earnings, ExxonMobil’s stock price sold off on Friday. The company blamed poor performance on reduced production volumes and a weaker oil … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Residential Construction Skids, Nonresidential Construction Stagnates. The delay gave markets a break from lousy data. OK, it looks like GDP growth, released last week for the … Read more
by Anthony B Sanders US Real GDP is growing at 2.3% YoY. What’s not to like? How about the lowest unemployment rate since 2000 and the worst wage “recovery” in … Read more