Goodyear Tire became the latest US company to shutter its Venezuela operations and lay off its entire local workforce. As severance, it gave out tires to its employees.
“Opportunistic investments” is just a fancy term for being a real estate developer. In other words, pension funds are basically building spec properties now...This is wrong for so many reasons.
November payrolls disappointed expectations, printing at 155K, below the 198K expectations, while hourly earnings also missed, rising 0.2% in November, below the 0.3% consensus expectation.
...given a drag from winter storms, and given rising jobless claims and tighter financial conditions, the underlying pace of job growth may have also slowed somewhat.
"If economic ignorance among leftists had no adverse impacts, we could consign it to the ranks of the humorous... Unfortunately, however, such ignorance has very serious adverse consequences, especially on poor people."
"The entirely predictable deceleration in population growth among the 15 to 64 year old working age population is set to go into overdrive during this next decade..."