by confoundedinterest17 The US economy is slippin’ into darkness. The Philly Fed NBOS General Business Activity Region Diffusion Index SA crashed to -22.8 in April. And today’s Fed Funds Futures data points to a return of The Bernanke/Yellen “Low Rider” policy …
by confoundedinterest17 Well, it is not always sunny in Philadelphia. The Philadelphia Fed Business Survey just crashed and burned to the worst reading since The Great Recession of 2008/2009. Alarm! The Fed is expected to raise rates two more times before …
Multiple Law enforcement have responded after a 18-inch pipe bomb that is capped at both ends was disconnected on the Train Tracks in Frankford Ave near Conrail railroad tracks in Philadelphia’s Holmesburg section and have been reported to have burn …
The Daily Mail reports: The shocking footage begins with the two travelers grabbing and clawing at gate agents in the entrance to the jetway as the Fort Lauderdale-bound flight prepares to board. The younger woman tugs violently on a Spirit …
by confoundedinterest17 Three regional Fed reports I like to watch are New York’s Empire State Outlook, Philly Fed’s Outlook and Richmond Fed’s outlook. Today, The Richmond Fed released their manufacturing outlook and … it declined to -11. So the big …
A North Philly owner says he’s had enough violent crime at his gas station so he’s hired these guys to protect his customers and store. Does this make you feel safer? Or uncomfortable. pic.twitter.com/ZOXvUxTvyW — Jason Martinez (@JasonFox29) December 6, …
by Chris Black This is like something out of Mad Max. Black people are right about the cops, and I’m tired of pretending they’re not. Who is going to defend these cops, after what they did to us during the …
https://twitter.com/libsoftiktok/status/1573879758122647552 h/t CharlieFoxtrot
Shapiro and Fetterman want to do this to all of Pennsylvania https://t.co/Guppz3XIzh — Jack Posobiec (@JackPosobiec) September 10, 2022 https://twitter.com/ClownWorld_/status/1568052149732667392 Tucker Carlson talks about the abduction and death of Eliza Fletcher: "We should never accept this under any circumstances … …
The stench in stairwell hits you before you even take first step down. Then, with each step down & a short walk through the concourse to get to @patco stop,you realize why so many do not use mass transit anymore …
Philly crime is spilling out into the suburbs https://t.co/14MWARSnfR — Jack Posobiec (@JackPosobiec) June 17, 2022
by masterjedi78 2007 flashbacks: ‘More Subprime Borrowers Are Missing Loan Payments’ – WSJ Delinquencies on subprime car loans & leases hit an ALL TIME high in February https://t.co/NKEPMb6B7g — Spencer Jakab (@Spencerjakab) May 19, 2022 Philly Fed just imploded. Here …
Philly at night looks like Gotham City pic.twitter.com/aSxsx99mxp — Jack Posobiec (@JackPosobiec) May 1, 2022
https://www.thedp.com/article/2022/02/philadelphia-income-experiment-cash-payments Philadelphia will begin distributing cash payments to selected low-income individuals as part of a guaranteed income experiment. As part of the initiative — in an effort to increase economic mobility — up to 60 people in need will receive …
When Heather Malloy could not face another 16-hour workday at the Philadelphia Department of Prisons, she started paying a coworker $20 per shift to take her mandatory overtime assignments. And when her adult son commented on her drinking alone at …
Philadelphia-area cultural institutions received millions in Payroll Protection Program loans, but still laid off hundreds of workers, according to a recent report by AFSCME Cultural Workers United. The Philadelphia Museum of Art, Philadelphia Zoo, and Franklin Institute, were among the most heavily …
h/t ST. FLOYD OF FENTANYL
PHILADELPHIA (Tribune News Service) — A day after five shootings claimed the lives of two men and injured seven people, the founder of two anticrime community organizations called on Philadelphia officials to request that the National Guard be dispatched to …
PHILADELPHIA (CBS) — One of Philadelphia’s newest restaurants has a new requirement that has social media buzzing. Steak 48 on Broad and Spruce Streets has been busy all Wednesday evening. A diverse group of diners told us that they were …
by WARREN MOSLER Not looking good: German Factory Activity Continues to Contract in April The IHS Markit Germany Manufacturing PMI rose to 44.5 in April 2019 from the previous month’s near seven-year low of 44.1, but below market expectations of …
by WARREN MOSLER So the question is regarding dividends vs stock buy backs- do stock buy backs cause stocks to be over valued or do dividends cause them to be undervalued? 😉 A Surprising Connection Between the Bull Market and …
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) By Scott Calvert The Wall Street Journal Thursday, March 7, 2019 Philadelphia is the first major U.S. city to ban cashless stores, placing it at the forefront of a debate that pits retail innovation …
by WARREN MOSLER Asia’s exports to China plunge as economy stumbles (WSJ) Japan’s exports to China in January sank 17.4% on the year to 958.1 billion yen ($8.65 billion), accelerating from December’s 7% drop. South Korean exports to China in …
by WARREN MOSLER Last month revised lower and looking weak: Highlights A drop for primary metals, a sharp drop for machinery, and a reversal for defense aircraft all pulled down durable goods orders in October which fell a sharper-than-expected 4.4 …
by WARREN MOSLER Income less than expected, spending ok, so savings fell: Highlights Income growth proved very slight in September with inflation steady and moderate and right on the Federal Reserve’s target. Personal income inched only 0.2 percent higher in …
PHILADELPHIA (CBS) — Over a dozen juveniles were arrested and cited after police say a large brawl involving up to 200 school students erupted outside of a McDonald’s in the Hunting Park section of Philadelphia. Police say they were called for …
by WARREN MOSLER June was revised lower, so best to hold back judgement on July until August is released. Note vehicles were revised quite a bit lower for June, with the initially reported .9 jump suspect in any case: Highlights …
by Jim Quinn You can’t make this shit up. I regularly point out the absolute degradation of Philly with my 30 Blocks of Squalor articles. Not only is the infrastructure crumbling and free shit army marching throughout the squalor, but …
by DCG From Fox News: The Philadelphia mayor, blasted by the White House after being filmed dancing in celebration after a judge ruled in favor of its sanctuary city status, was doing so because it was an “important moment for all Philadelphians,” his …
by WARREN MOSLER Pretty much in line with expectations, but last month’s spending increase means what I think was an unsustainably low savings rate is now even lower. Highlights Personal income rose 0.4 percent in December with wages and salaries up …