dominated mainly by the western region followed by the south
midwest and north east regions are still pretty much flatlined and if anything down a bit from levels just after the bubble burst
$300k and up is still leading the pack
first time buyers still out to lunch
SAAR about 615k
still a far cry from the million needed for a good economy, and sales numbers lag real time, so I expect numbers going forward from May to start showing the effects of the sillycone valley layoffs, which may dampen the western region a bit
market obviously getting ready to take off, eh?
Durable-goods orders sink across the board in May
MarketWatch - Jun 24, 2016
An earlier version of this story gave an incorrect figure for the previous government estimate for April durable-goods orders. The story has been corrected.
Worst day in 10 months as Wall Street reacts to 'Brexit'
Reuters - 22 hours ago
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
I tried posting the article, but it was promptly deleted by Yahoo
to read the article, you'll need to past the subject line into your favorite search engine and find it the old fashioned way
The Coming Layoff Wave
When the Obama administration passed updated overtime regulations, labor activists and not a small number of economists praised the rules as a ...
oh yeah, we should have been as wise as you.....holding long and strong through the haircut
toll still hitting $80 this year?......or was that last year?
golly! times MUST be good!
Pimco plans layoffs as investors continue to pull out
Los Angeles Times
Newport Beach investment giant Pimco plans to lay off about 3% of its workforce as investors have continued to pull their money during the nearly two ...
Neiman Marcus' same-store sales fall amid apparel slowdown
Reuters - 3 hours ago
U.S. luxury fashion retailer Neiman Marcus Group Ltd LLC [NMRCUS.UL] reported its third straight quarterly drop in sales at established stores and a nearly 81 percent fall in profit amid a slowdown in apparel spending.
aw, what would a bunch of stuffed shirt bankers know anyhow?
haven't they heard? Tol's gonna double this year!
Caution pervades at four of world's top central banks
Reuters - Jun 10, 2016
LONDON It is a sign of the caution that permeates the global economic outlook when four of the world's top central banks, all due to meet within days of each other, are almost unanimously expected to make no change to their extraordinary stimulus programs.
new management coming soon. precursor happening in germany and canada as we speak
I know it doesn't make a bit of sense, but I wouldn't be surprised to see Hillary in the office
for the coming 4 years, regardless of which wacko gets elected, "prognosis negative"
I saw where Walmart outsold Microsoft, Apple and Amazon combined.
kind of blows the theory that internet sales are destroying bricks and mortar businesses, eh?
what could it be? what COULD it be?
GM sales drop 18% in May, Ford down 5.9%, FCA up 1.1%
The Detroit News - 34 minutes ago
The automotive industry in May hit a speed bump on its road to a second-consecutive record sales year. Two fewer selling days led to sales declines for most automakers, while General Motors Co.
you're right, auto ordering was coming wage hike or not
it will replace bank teller's soon enough, too
yes, human fast food cashiers messed up a lot of food orders, but with the help of computers we can get messed up orders more efficiently than ever!
US stocks take a late tumble as retail suffering continues
Alton Telegraph - 6 hours ago
The facade of the New York Stock Exchange. Stock markets around the world and oil prices were weighed down Friday, May 13, 2016, by concerns over the global economy ahead of a raft of U.S.
Deflation Means Massive Job Layoffs – Are You Ready?
If you want to know what deflation can do to jobs, look at the oil industry. These are just a sample of headlines from the past year: Itemizing The Oil
Bleak prediction for U.S. employment
Moreover, a different set of figures indicates a 35 percent surge in planned layoffs by U.S. employers. The majority of these job losses, Compliance EX ...
that's what ushered in the "new deal", remember?
Trump plan for U.S. bankruptcy startles experts
In the event that the U.S. economy crashed, Trump has floated a recovery plan based on his own experience with corporate bankruptcy: Pay America's ...
New JC Penney Job Cuts Drop Shares 8%
24/7 Wall St.
J.C. Penney Co. Inc. (NYSE: JCP) is scheduled to report fiscal first-quarter earnings on May 13, and by the look of it, the good news from the fourth ...