Written by Gary
Disappointing corporate results from several heavyweights dragged Wall Street down (SPY -0.3%) as investors looked for clues regarding the timing of the next interest rate hike ahead of a Fed meeting next week. Home prices in 20 major U.S. metro areas rose 0.4%, Crude prices fall along with the US dollar.
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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Little Kieran is lucky to be alive after being born with her heart outside of her chest. When Caitlin and her husband Brian went for their routine 20-week sonogram to find out the sex of the baby, doctors made the discovery that their daughter's heart was growing outside her body. Specialists at the Mayo Clinic created a 3D image of the baby using MRI scans in a medical first. After an emergency c-section doctors were able to put her heart back inside her body in a 5-hour surgery.
Infographic Of The Day: Commodity Update, Is The Summer Slump Over
Last update, we triumphantly proclaimed that commodities were back.
This widget provided by DailyForex.com Forex News & Brokers;
Written by Sig Silber
This report is in our usual weekly format and focuses on the next 30 days which should be again close to "Normal" but with a wetter than usual Northwest and a slower than usual west to east movement of weather systems. We should expect either a La Nina Winter or a Near La Nina Winter which means where it will be wet or dry and warm or cool is becoming fairly clear for CONUS and also for other parts of the World. Full details are provided below. But first, we start the report with the key finding of the San Francisco Fed study of the Impact of Weather on Jobs.
by Charles Hugh Smith, Of Two Minds
A variety of forces will disrupt or obsolete existing modes of production and the social order.
Though no one can foretell the future, it is self-evident that the status quo - dependent as it is on cheap oil and fast-expanding debt - is unsustainable. So what will trigger the collapse of the status quo, and what lies beyond when the current arrangements break down? Can we predict how-when-where with any accuracy?
Written by Gary
US stock index futures were little changed today (SPY +0.1%) as investors await earnings reports from a host of companies, including Apple. General Motors Co reported much higher-than-expected third-quarter earnings on strong North American truck and SUV sales, blowing past fears that a U.S. market slowdown would dent profitability.
24Oct2016 Market Close: Wall Street Closes Higher, Quietly On Low Volume, Crude Back Up, US Dollar T
24Oct2016 Market Update: Afternoon Markets Showing Weakness, WTI Crude Falls To The 49 Handle, US Do
Written by Doug Short / Jill Mislinski and Steven Hansen
The Conference Board Consumer Confidence Index which had increased in September, declined in October. The Index now stands at 98.6 (1985=100), down from 103.5 in September. The market expected (from Bloomberg) this index to come in between 98.6 to 106.5 (consensus 101.0).