Dollar General

Why Is FaceBook Funding "Anti-Fed" Activists

That's what St. Louis Fed president James Bullard would like to know: "I think that Dustin Moskovitz should be here, maybe he can helicopter in from Sun Valley or something instead of sending all these people, if he wants low interest rates."

"Things Are Worse" - Dollar Stores' Startling Admission: Half Of US Consumers Are In Dire Straits

"I know that when we look at the overall U.S. population, it seems like things are getting better. But when you start breaking it down and you look at that core consumer that we serve on the lower economic scale that's out there, things have not gotten any better for her, and arguably, they're worse because rents are accelerating, healthcare is accelerating." - Dollar General CEO, Todd Vasos

Meet The Burmese "Slaves" Helping Wal-Mart Maintain Margins

Peak globalization? Burmese men, women and children are being sold to factories in Thailand - "no names are used, just numbers" - and forced to peel shrimp that ends up in global supply chains. As a recent AP investigation uncovered, U.S. customs records show the shrimp made its way into the supply chains of major U.S. food stores and retailers such as Wal-Mart, Kroger, Whole Foods, Dollar General and Petco, along with restaurants such as Red Lobster and Olive Garden.

Frontrunning: July 27

  • Chinese shares tumble 8.5 percent in biggest one-day drop since 2007 (Reuters)
  • Japan’s Economy Shrank Last Quarter, Top Forecaster Says (BBG)
  • Creditor teams in Athens to work on third bailout (AFP)
  • Tsipras’s Paradox Is Six Months of Pain and Enduring Popularity (BBG)
  • Goldman-Backed Instant Messaging Company Seeks New Investment (WSJ)
  • Best Buy will sell the Apple Watch on August 7th (Engadget) - when is it coming to Dollar General?
  • Senate votes to revive Ex-Im (Hill)
  • U.S.-Turkey Deal Paves Way to Set Up Buffer Zone in Northern Syria (WSJ)

Frontrunning: February 17

  • Markets From Stocks to Debt to Euro Show Little No Panic (BBG)
  • Greek Euro Exit Risk Increases as EU Delivers Ultimatum (BBG)
  • Oil rises to $62, near 2015 high as Mideast risks support (Reuters)
  • Texas judge blocks Obama plan to protect undocumented immigrants (Reuters)
  • Oil Train Derails and Ignites Forcing West Virginia Evacuations (BBG)
  • Battle rages for town where Ukraine rebels reject ceasefire (BBG)
  • Chinese Firms Tiptoe Back Into Europe’s Battered Financial Sector (WSJ)
  • Putin’s Paradise Becomes Economic No-Go Zone Where Cash Is King (BBG)
  • Emerging fund managers stuck in buy-and-hold as trading shrivels (Reuters)

Frontrunning: January 23

  • Saudi Arabia’s New King Probably Will Not Change Current Oil Policy (BBG)
  • Saudi King’s Death Clouds Already Tense Relationship With U.S. (WSJ)
  • Oil Pares Gains as New Saudi King Says Policies Stable (BBG)
  • Kuroda Says BOJ to Mull Fresh Options in Case of More Easing (BBG)
  • U.S. pulls more staff from Yemen embassy amid deepening crisis (Reuters)
  • Putin Said to Shrink Inner Circle as Hawks Beat Billionaires (BBG)
  • A Few Savvy Investors Had Swiss Central Bank Figured Out (WSJ)

Frontrunning: January 21

  • Obama Targets Income Gap in Address That Shapes 2016 Election (BBG)
  • Republicans Reject Obama’s Main Economic Proposals (WSJ)
  • Senate’s Shelby Says White House Bank Tax Is Dead on Arrival (BBG)
  • Is Dollar Next? Investors Reassess After Swiss Shock: Currencies (BBG)
  • Bank of Japan Cuts Price Forecast, Maintains Record Stimulus (BBG)
  • Pound Weakens After BOE Policy Makers Drop Call to Raise Rates (BBG)
  • Putin not flinching on Ukraine despite economic crisis (Reuters)
  • Indonesia will not make public full preliminary AirAsia crash report (Reuters)
  • Party Hasn't Stopped for Russians at Davos Even With Ukraine Sanctions (BBG)

Frontrunning: January 13

  • Oil Drops Below $45; U.S. Stockpiles May Speed Collapse (BBG)
  • Pound Drops as Traders Write Off Higher Rates on Inflation Slump (BBG)
  • Oil prices down again as UAE defends holding production (Reuters)
  • The Politics Behind the ECB's Threat to Cut Greece Funding (BBG)
  • France dispatched thousands of police and military personnel to protect synagogues and Jewish schools, as the government warned of continued terror threats after three days of deadly violence (WSJ)
  • Chinese Car Dealers Find Days of ‘Printing Money’ Ending (BBG)
  • Gold Rises to Highest Since October as U.S. Rate Outlook Weighed (BBG)
  • Divers retrieve crashed AirAsia jet's cockpit voice recorder (Reuters)

Frontrunning: January 12

  • Earnings Pessimism Jumps as Oil Threatens S&P 500 Growth (BBG)
  • It’s Amateur Hour in the Booming Chinese Stock Market (BBG)
  • France mobilizes 10,000 troops at home after Paris shootings (Reuters)
  • European Stocks Gain With S&P 500 Futures While Oil Drops (BBG)
  • Nasdaq Looks to Operate Dark Pools for Banks (WSJ)
  • This Guy Called Bonds in ’14. You Listening This Time? (BBG)
  • Paris attacks boost support for Dutch anti-Islam populist Wilders (Reuters)
  • OPEC price war in Asia intensifies as oil falls below $50 (Reuters)

Frontrunning: December 10

  • New Normal headlines: Global stocks up on hopes of China policy easing (Reuters)
  • China inflation eases to five-year low (BBC)
  • U.S. Lawmakers Agree on $1.1 Trillion Spending Bill (WSJ)
  • U.S. Braced for Blowback as CIA Report Lays Bare Abuses (BBG)
  • CIA tortured, misled, U.S. report finds, drawing calls for action (Reuters)
  • CIA Made False Claims Torture Prevented Heathrow Attacks (BBG)
  • Oil Resumes Drop as Iran Sees $40 If There’s OPEC Discord (BBG)
  • OPEC Says 2015 Demand for Its Crude Will Be Weakest in 12 Years (BBG)
  • Greek yield curve inverted as politics raise default fears (Reuters)

Retail Rapture: UK Grocery Sales Drop 1st Time In 20 Years, Dollar General To Shut 4000 Stores

For the first time since it began collecting data in 1994, Kantar Worldpanel, the market researcher, reported a decline in UK grocery sales by value, as The FT reports the biggest UK grocers were "losing market share hand over fist," as analysts warn "there are phoney price wars, and there are real price wars. This is a real price war." This comes on the heels of Goldman report claiming 20% of British grocers are surplus to requirements. But it's not just Britain... in the the cleanest dirty shirt world-economic-growth supporting decoupled economy of the USA, Reuters reports Dollar General may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar.

Frontrunning: November 19

  • Yellen Inherits Greenspan’s Conundrum as Long Rates Sink (BBG)
  • West African Mining Projects Take Hit From Ebola Crisis (WSJ)
  • Saudi oil policy uncertainty unleashes the conspiracy theorists (Reuters)
  • Senate Rejection of Keystone XL Measure Sets Up 2015 Showdown (BBG)
  • Ferguson, Missouri, remains on edge ahead of grand jury report (Reuters)
  • Putin Said to Stun Advisers by Backing Corruption Crackdown (BBG)
  • Italian ‘Invasion’ Has Swiss Fuming as Immigration Vote Looms (BBG)
  • Apple and Others Encrypt Phones, Fueling Government Standoff (WSJ)