by Rick Davis, Consumer Metrics Institute
April 28, 2016 - BEA Estimates 1st Quarter 2016 GDP Growth At +0.54%:
In their first 'preliminary' estimate of the US GDP for the first quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the economy was growing at a +0.54% annualized rate, down -0.84% (well more than half) from the +1.38% rate recorded for the fourth quarter of 2015.
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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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from The Conversation
-- this post authored by Ausrele Kesminiene, International Agency for Research on Cancer (IARC)
The world has never seen a nuclear accident as severe as the one that unfolded when a reactor exploded in Chernobyl on April 26 1986, sending vast amounts of radiation into the skies around Ukraine, Belarus and Russia.
Infographic Of The Day: How To Live In Your Van
Sleeping is perhaps the most important aspect of van living, and without a comfy bed your adventure could be marred by insomnia and a bad back.
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by Charles Hugh Smith, Of Two Minds
The endless bleating of well-paid pundits in the corporate media about 'reform' is just more circus.
It's difficult for well-meaning pundits to abandon the fantasy that meaningful reform is possible. Indeed, a critical function of the punditry and corporate media is to foster the fantasy that the status quo could be reformed if only we all got together and blah blah blah.
Written by Investing.com Staff, Investing.com
U.S. stocks post slight losses as Dow, S&P end April flat for the month
U.S. stocks fell slightly on Friday, ending April with one of their worst weeks since early-February as a sell-off in the technology and health care sectors, as well as a wave of soft economic data weighed on the major indices.
The Dow Jones Industrial Average lost 57.12 or 0.32% to 17,773.64, while the S&P 500 Composite index fell 10.51 or 0.51% to 2,065.30, each closing lower despite a late rally in the final hour of the session. At session-lows, both indices moved into negative territory for the month before recovering to close the month fractionally higher. On the S&P 500, six of 10 sectors closed in the red.
29Apr2016 Market Update: DOW Off Triple Digits, Crude Prices Have Slipped Off Session Highs And Shor
29Apr2016 Pre-Market Commentary: US Futures Fractionally Lower, Crude Prices Moving Higher, US Dolla
ECRI's WLI Growth Index which forecasts economic growth six months forward advanced higher in positive territory for the fifth week - after spending the previous 34 consecutive weeks in negative territory.