Following United Airlines' settlement with David Dao (with no one from the airline being fired), it seems a scapegoat has been found. AP reports, Jeffrey Redding, the head of security at Chicago's airports, "has been terminated from his duties" at O'Hare and Midway airports. No reason was given.
“Web beacons typically go unnoticed. A tiny file is loaded as part of a webpage. Once this file is accessed, it records unique information about you, such as your IP address and sends this back to the creator of the beacon.”
The US House of Representatives passed a one week stopgap spending bill to keep the government funded through next Friday, as lawmakers continue work to finish legislation that extends funding through the rest of the fiscal year.
Despite the ebulience of analysts over Amazon and Alphabet (and Microsoft), it seems the 'have-nots' are weighing the Nasdaq down. From record highs at the gap open, the Nasdaq Composite has drifted back to unch...
Apart from stagnant wage growth, dismal economic growth, and tumbling spending growth, Americans remain 'confident' according to University of Michigan. Current conditions fell very modestly but 'hope' rose to its highest since January. Inflation expectations were steady (near record lows) but buying climates improved MoM.
With 'soft' survey data having plunged to 10-week lows, as 'animal spirits' fade, Chicago Purchasing Managers' Survey saved the day with a resurgent 'bucking the trend' leap to 58.3 - the highest since Jan 2015 - at the high end of all estimates.