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America’s Largest Cities Are Practically Broke

Forbes, Released on 1/29/19 Sixty-three out of America’s most populous seventy-five cities don’t have the money to pay their bills. Continue……

Pending home sales drop in December despite much lower interest rates

CNBC, Released on 1/30/19 “The stock market correction hurt consumer confidence, record high home prices cut into affordability and mortgage rates were higher in October and November for consumers signing…

Caterpillar says it’s seeing lower demand in China, a bad sign for the global economy

CNBC, Released on 1/28/19 “Sales in Asia/Pacific declined due to lower demand in China, partially offset by higher demand in a few other countries in the region,” the company said…

We’re Reaching the Beginning of the End of the Pension Fund Crisis

Birch Gold Group, Released on 1/16/19 The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments. Continue……

Marquette University to add competitve video gaming as official varsity sport next year

Yahoo Sports, Released on 1/23/19 “Marquette has been closely watching the development of esports, both as a global trend and as an integral part of the future of the Big…

Commerce Secretary Wilbur Ross: The US is still ‘miles and miles’ from a trade deal with China

CNBC, Released on 1/24/19 “We would like to make a deal but it has to be a deal that will work for both parties,” Ross said. “We’re miles and miles…

Existing-home sales slide to a 3-year low as housing market stumbles

MarketWatch, Released on 1/22/19 After two straight months of increases, existing-home sales declined in the month of December, according to data released Tuesday by the National Association of Realtors. Continue……

IMF serves up depressing new outlook on the world economy

Yahoo Finance, Released on 1/21/19 “As seen in 2015–16, concerns about the health of China’s economy can trigger abrupt, wide reaching sell-offs in financial and commodity markets that place its…