The battle for Raqqa, the Islamic State's self-declared capital in Syria, has begun. The Syrian Democratic Forces (SDF) are advancing toward the city, engaging the jihadist group in the villages of al-Hisha, Tal Samen and Mutamshirij along the way. Because of Raqqa's strategic importance, the Islamic State will do everything in its power to keep the city within its grasp. Driving the militants from their stronghold will not be easy or cheap, but if the SDF is successful, it will greatly accelerate the Islamic State's defeat in Syria.
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.
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-- this post authored by Molly Boesel
Cash sales accounted for 35.7 percent of total home sales in February 2016, down 2.5 percentage points year over year from 38.1 percent in February 2015. On a month-over-month basis, the cash sales share increased by 0.1 percentage point in February 2016 compared with January 2015. For the first two months of 2016, the cash sales share averaged 35.6 percent, the lowest start to any year since 2008.
Infographic Of The Day: BYOD - Bring Your Own Device
(BYOD) Bring Your Own Device is a new policy that has grown in the enterprise.
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from The Conversation
-- this post authored by Kerry Brown, King's College London
If there is one certainty in contemporary Chinese politics, it's that any mention of the Cultural Revolution, which began half a century ago in May 1966, must always be negative.
by Asif Suria
Insider buying increased last week with insiders buying $88.99 million of stock compared to $75.93 million in the week prior. Selling increased with insiders selling $2.28 billion of stock last week compared to $2.17 billion in the week prior.
27May2016 Market Close: Wall Street Closed Higher, DOW Up 45 Points, WTI Crude Testing High 49's, Th
27May2016 Market Update: Yellen's Speech Does Little To Move The Major Averages One Way Or The Other
27May2016 Pre-Market Commentary: Futures Fractionally Higher, WTI Crude Trading Below $50, GDP Comes
Written by Steven Hansen
Truck shipments were reported mixed in April - with one index showing month-over-month growth (but in contraction year-over-year) whilst the other showing month-over-month contraction (but year-over-year growth).