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Early Headlines: Asia Stocks Down, Dollar Steady, Oil Down, Peak Oil, China Commidity Slide Resumes, So. Calif. Awaits 'Big One', Big Money Talks Basic Income, India Monsoon May Not Be Enough And More

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Written by Econintersect

Early Bird Headlines 06 May 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

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 more WWRT

What We Read Today 05 May 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

BECOME A GEI MEMBER - IT's FREE!

Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

The Countries With The Highest Self-Employment Rates

by Felix Richter, Statista.com

-- this post authored by Niall McCarthy

According to an OECD report, self-employment rates are generally higher in countries with lower income levels per capita.

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Infographic Of The Day: Detox Smoothie Recipes To Cleanse Your Body Naturally

Detoxing has become a very popular trend lately, and for good reason.

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Video of the Day:

If your next vacation is to North Korea then you might want to cross these activities off your itinerary...driving, drinking, and making phone calls are just a few of the things that can land you in prison if you perform them in the DPRK. Check out these 10 everyday activities that are North Korean no-nos.


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Options Strategies For When What Goes Up Comes Down



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Fed Funds R.I.P.: Drain No More

by Danielle DiMartino Booth, Money Strong

Money Strong Article of the Week

Following the Great War, indoor plumbing became without a doubt a Godsend for much of the world. However, few innovative leaps, including even the wonders of indoor plumbing, have ever been entirely free of at least a few drawbacks.

http://econintersect.com/images/2016/05/18474958draino.squat.jpg

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 USA economy at a glance (boxed items are updates in last 7 days)

30 April 2016 Initial Unemployment Claims Rolling Average Worsened. 61 Consecutive Weeks Of Initial Claims Below 300,000

Weekly Initial Unemployment Claims

The market expectations for weekly initial unemployment claims (from Bloomberg) were 256,000 to 271,000 (consensus 262,000), and the Department of Labor reported 274,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 256,000 (reported last week as 256,000) to 258,000. The rolling averages generally have been equal to or under 300,000 since August 2014.

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