econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



>> Click Here for Historical Wall Post Listing <<

What We Read Today 01 October 2015

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.

The rest of this post is available only the GEI Members.  Membership is FREE -  click here.

Articles about events, conflicts and disease around the world

Global

ytd.commodities

U.S.

  • Unemployment Payouts More Than Double in North Dakota (The Wall Street Journal)  n the second quarter of the year, personal earnings declined in five states, according to a Labor Department report out on Wednesday. In three of those–North Dakota, West Virginia and Wyoming–that was largely due to drop-offs for the mining industry, a category that includes oil and gas extraction, coal and support services. It was also the second straight quarterly drop for earnings in those states.
  • Here's the good news (Business Insider)  The good news for the U.S. economy is consumption (2/3 of GDP), up 3% over last year.  This offsets the contraction in manufacturing (12% of GDP).  Econintersect:  But is this sustainable?  Personal income is up more than personal which is good.  But some other data weighs on prospects.  See Headline Retail Sales Mixed In August 2015 and July 2015 Wholesale Sales Remain In Contraction.
  • Gunman opens fire at Oregon community college, killing 7  (Associated Press, MSN News)  The shooting happened at Umpqua Community College in Roseburg, about 180 miles south of Portland. The local fire district advised people via Twitter to stay away from the school.  State police Lt. Bill Fugate told KATU-TV that seven to 10 people were dead and at least 20 others hurt.

UK

  • Bank of England head warns insurers, investors, markets of mounting climate risks (E&E Publishing)  For several years, with an eye to future damage, the Bank of England's governor, Mark Carney, has spoken of how climate change and government action in response to accumulating greenhouse gases could punish investors, flummox the energy sector, distort financial markets and crimp the global economy.  Last night in London, through a wide-ranging speech at Lloyd's of London, the specialty insurance company, Carney suggested that U.K. insurers keep an eye on long-term climate hazards, too.

Russia

  • How Russian President Vladimir Putin Will Bankrupt His Country (The Street)  Econintersect:  Russia may have fiscal and monetary problems but bankruptcy cannot be one of them.  Some Russian companies which have foreign currency denominated debt may have problems (and some could go through bankruptcy) but the government debt is largely denominated in rubles.  Russia creates rubles and can never run out.  There are devaluation and inflation risks, but never bankruptcy.
  • Putin's spokesman explained the Syria bombing campaign in a sentence (Business Insider)  Russia is in Syria to support the Assad government.  Period.  Russian President Vladimir Putin's spokesman has given an explanation for how the government is deciding where it conducts airstrikes in Syria.  Dmitry Peskov said Russia was targeting ISIS and "other groups,"telling reporters

"These organizations are well known and the targets are chosen in coordination with the armed forces of Syria."

Other Economics and Business Items of Note and Miscellanea

  • Is Network Level Ad Blocking Extortionate? (Seeking Alpha)  Blocking ads at the wireless network level is a new wrinkle in the ad blocker controversy that may further erode advertising revenue for companies such as Google.
  • 21 signs you may get the boot (Business Insider, MSN Money)  Number 1 sign is a bad performance review.and number 21 is a recent merger but you have little info  Follow the link for the other 19..
  • 12 Hospitals You Might Want to Avoid (Consumer Reports, MSN Health)  Every year more than twice the number of people die from infections incurred during a hospital stay than are killed in in car crashes. An estimated 648,000 people in the U.S. develop infections during a hospital stay, and about 75,000 die with one of those infections annually, according to the Centers for Disease Control and Prevention.  The twelve lowest rated hospitals are listed in this article.  The full ratings information for all U.S. hospitals is available here (subscription required).

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.






Econintersect Behind the Wall



search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Why Long-Run Theories of Profit and Accumulation Fall Short
Brexit - Who Wins and Loses
News Blog
What We Read Today 24 April 2017
Best And Worst States To Retire In The United States
April 2017 Texas Manufacturing Survey Continues to Expand
March 2017 CFNAI Super Index Moving Average Declined
What Is The Informal Labor Market?
Changes In Labor Force Participation
Infographic Of The Day: 10 Habits Of Millionaires For Building Wealth
Early Headlines: Asia Stocks Mostly Up, China Down, Dollar And Oil Up, Gold Down, European Stocks Open Up, 2nd SCOTUS Seat For Trump?, SCOTUS Gets Gerrymander, UK Has Huge Gender Pay Gaps, And More
Most Read Articles Last Week Ending 22 April
GOP Healthcare Plan Would Cost The Poor And Old The Most
These Amazing Creative Animals Show Why Humans Are The Most Innovative Species Of All
Earnings And Economic Reports: Week Starting 24 April 2017
What Americans Think About Climate Change
Investing Blog
Market And Sector Analysis 23 April 2017
Markets Rally As Expected
Opinion Blog
America's Gilded Age 2: On The Rocks
What Does The Strong Q1 Growth Mean For China?
Precious Metals Blog
Three Gold Plays For The New Era Of Chaos
Live Markets
24Apr2017 Market Close: Wall Street Closes Higher, DOW Closes Up 216 Points, Investors Now Worry About A Looming Shutdown Of The Federal Government
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved