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Personal Income increased 0.4% in March, Spending increased 0.1%

The BEA released the Personal Income and Outlays report for March: Personal income increased $57.4 billion, or 0.4 percent,... according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $12.8 billion,...Show More Summary

?Eurozone growth is now outrunning the U.S.

The region's economy is also finally larger than it was in 2008, though debt and joblessness remain onerous

How Amazon convinced you to pay up for shopping

Analyst estimates that Prime members spend about four times what others do, and account for about a third of all Amazon purchases

Shipping containers offer welcome homes in Phoenix

Housing and retail projects using the containers have popped up in recent years in Las Vegas, Detroit and Washington, D.C.

?Global stocks lower mixed after Wall Street slide

Wall Street looked set to extend its losses, with futures for the Dow and the Standard & Poor's 500 down 0.1 percent

Uber drivers may now ask for tips after lawsuit

CBS News financial contributor Mellody Hobson joins "CBS This Morning"

Fed Watch: Warning: Hawkishness Ahead

Tim Duy: Warning: Hawkishness Ahead, by Tim Duy: The Fed has proven very dovish since their December rate hike. Tumultuous financial markets gave the Fed doves the upper hand, leading the Fed to pause in it’s “normalization” campaign and cut...

The EU Grew at a 2.4 Percent Annual Rate in the First Quarter

My guess is that many people reading this NYT article on Europe's GDP growth will think that its 0.6 percent rate was only slighly better than the anemic 0.5 percent rate the U.S. had just reported for the first quarter. Actually, it is a lot better, because the the European Union (EU) rate is a quarterly growth rate, while the U.S. Show More Summary

Michael Hudson: The Wall Street Economy is Draining the Real Economy

How Wall Street is interjecting itself into the economy so that more and more is diverted to pay interest, insurance and rent.

?Here's where interns can earn 6-figure-level pay

Some tech firms are paying summer interns up to $10,400 a month, far more than the average U.S. household's $4,500 a month

Wall Street's spring rally runs into some stiff winds

From profits to the economy and the Fed, investors suddenly have a list of worries that's bringing out the sellers

?Want to use the bathroom before Uber arrives? Think again

The ride-hailing service is testing a two-minute wait rule before starting charges on a customer's ride

Dying to work: 150 job-related fatalities every day

A farm worker and a convenience store clerk are among those who died in jobs where regulators say safety was disregarded

How the New York Times Helped Hillary Hide the Hawk

Hillary Clinton's macho, um, muscular stance in foreign affairs has delivered a series of disasters. Yet she remains a true believer in the idea that the US is and should remain the world's sole superpower. And the New York Times pointed that out only after the New York state primary (well, they glossed over the disasters part).

So Which Eurobank is Having Dollar Funding Problems?

Which Eurobank has led the ECB to tap its dollar swap line with the Fed?

Has the Time Come to Consider Criminalising Tax Avoidance?

A rare call for getting tougher with a widely practiced white collar crime, tax avoidance.

The End of Doom and Cost-Benefit Methodology

(April 29, 2016 12:13 AM, by Bryan Caplan) Like all useful tools, cost-benefit analysis is flawed. After surveying cost-benefit analyses of global warming and warming abatement, Ron Bailey's The End of Doom turns to methodological objections. From his section on "How Much to Insure Against Low Probability Catastrophic... (0 COMMENTS)

Cycle Screens Plunge Along With The Market Averages

Cycle screening data weakened on Thursday. 8 of the 9 measures weakened. The aggregate measure fell back into negative territory after just touching its declining 29 day MA. This makes another lower high in a series going back to early March. Show More Summary

You Won’t Believe What Wall Street Gets Away with During Earnings Season

When it comes to earnings, everyone on Wall Street is playing a game with your money. It's called "hide the earnings" - and it's totally legal. The post You Won’t Believe What Wall Street Gets Away with During Earnings Season was originally published at The Wall Street Examiner. Follow the money!

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