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Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

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Canada’s Biggest Oil Casualty To Date: Calgary’s Nexen Shutters Oil Trading Desk

zerohedge.com / by Tyler Durden / 03/24/2015 08:22 -0400

Last December, traditionally permabullish energy trader Andy Hall shocked the world when he became the first casualty of the oil crash after Phibro, his 113 year old employer then owned by Occidental Petroleum after its sale by Citigroup, would liquidate in the US after it […]

Did The BLS Again Forget To Count The Tens Of Thousands Of Energy Job Losses?

zerohedge.com / by Tyler Durden / 03/06/2015 09:23

A month ago we asked if the “BLS Forget To Count Thousands Of Energy Job Losses” when as we showed, the BLS reported that only 1,900 jobs were lost in the entire oil and gas extraction space, which was a vast underestimation of what is taking […]

Government wants ICBC to collect on student loans, court fines

 

Mike de Jong said ICBC has proven to be an effective debt collector. Photograph By ADRIAN LAM, Times Colonist

timescolonist.com / Lindsay Kines / February 26, 2015 09:30 PM

British Columbians who default on student loans or fail to pay court fines soon will be unable to renew their driver’s licence […]

A Liberal Education At a Zero Price

mises.org / Christopher Westley / FEBRUARY 23, 2015

Frank Bruni saw a woman swoon and sway back in the 1980s, and the recent memory of it caused him to call for increased federal support for liberal arts education.

The woman, Anne Hall, taught Shakespeare at UNC-Chapel Hill back in the days when North Carolina […]

Did The BLS Forget To Count Thousands Of Energy Job Losses?

zerohedge.com / by Tyler Durden / 02/06/2015 09:52

One of the convenient things about the sharp plunge in crude and its subsequent and acute impact on energy company staffing levels, is that due to its concentrated nature one can keep track of precisely how many layoffs corporations in the energy sector announced in January. […]

Layoffs Surge 17.6% YoY, Shale State Joblessness Soars, Initial Jobless Claims Rise

zerohedge.com / by Tyler Durden / 02/05/2015 08:42 -0500

It all makes perfect sense. Challenger announced this morning that layoffs in January soard 17.6% year-over-year with planned job cuts at the highest level in almost 2 years… Jobless claims in Shale states continues to trend higher as oil prices collapse… but initial jobless claims beat […]

Four Trade War Questions; PMI Reports; Currency Manipulation Charges

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Monday, February 02, 2015 1:47 AM

With the declining yen, Japan’s manufacturing PMI has risen eight months. In contrast, China has been wavering near the stagnation line since early 2011.

Trade war questions relate the to just-released PMI reports and also 4th quarter US GDP. Let’s start with today’s […]

Canada Just “Revised” Its Entire 2014 Job Gains 35% Lower

zerohedge.com / by Tyler Durden / 01/28/2015 08:47 -0500

Who can forget the farce conducted by Canada’s labor statistics office back in August when, as we reported, “Canada Releases Atrocious Jobs Data; Then Revises It Above The Highest Estimate Following Public Outcry.” It was then that we got our first hint that when it […]

Oil Glut, Collapsed Prices, Layoffs Be Damned: Production Soars

wolfstreet.com / by Wolf Richter • January 22, 2015

Irony of a debt-fueled boom: the Great American Oil Bust

Layoff announcements have been ricocheting around the oil and gas sector, fleshed out with individual stories that percolate up to me. The entire sector is cutting operating costs and capital expenditures as fast as they can […]

JOLTS Data Suggests Labor Market Won’t Normalize For Another Three Years

zerohedge.com / by Tyler Durden / 01/13/2015 11:07

The good news in today’s JOLTS report was that with Wall Street expecting Job Openings to bounce by about 20K from October’s 4,834K (remember JOLTs is one month delayed) to 4,850K, instead the number reported was 4,972K. This was coupled with a drop in a […]

Subprime Spikes Auto Sales, Delinquencies Soar, Industry in Total Denial, Fallout to Hit Main Street

wolfstreet.com / by Wolf Richter / January 9, 2015

New vehicle sales in the US have been on a tear in 2014, rising 5.6% to 16.5 million units, the highest since banner year 2006. Light-truck sales jumped 10%, cars edged up 1.8%. The industry is drunk with its own enthusiasm.

General Motors CEO Mary Barra […]

Coke To Fire 1800, Caterpillar Laying Off 200

zerohedge.com / by Tyler Durden / 01/08/2015 11:40

Stocks are up nearly 2% today alone, with the S&P back to green for 2015. Among the reasons for today’s rally: lower overhead courtesy of KO and CAT, which announced that between the two of them, they would fire some 2,000 workers, which is great news for […]

“Y’All Come!” Skype Opens America’s Borders. Green Cards for All!

teapartyeconomist.com / by Gary North / December 19, 2014

Beginning in 2015 and escalating from then on, skilled workers from all over the world will have the digital equivalent of green cards. They will be legal to hire. They will flood into America’s middle-class job markets.

The last major barrier is coming down: the language […]

How the Rising Dollar Could Trigger the Next Global Financial Crisis

mauldineconomics.com / JOHN MAULDIN / DECEMBER 11, 2014

This week’s Outside the Box continues with a theme that I and my colleague Worth Wray have been hammering on for some time: the very real potential for a rising dollar to trigger the next global financial crisis.

We are concerned about the consequences of multi-speed […]

Norway Central Bank, Slammed By Oil Plunge, Warns Of “Severe Downturn”, Unexpectedly Cuts Rates

zerohedge.com / by Tyler Durden / 12/11/2014 09:19 -0500

The governor of Norway’s central bank says western Europe’s biggest oil producer is facing a major economic slowdown as crude prices continue to plunge. As Bloomberg reports, Oeystein Olsen said today in an interview after a press conference in Oslo, “our job now is that we […]

Getting Interest Rates Right (Is a Job For Markets)

mises.org / Russell Lamberti / DECEMBER 4, 2014

When the central bank meets to decide on the level of interest rates, most people care about only one thing: are my home loan, car, and credit card repayments going up, down, or staying the same? Although this is no trivial concern given the importance of […]

Offend the Police — Lose Your Job

lewrockwell.com / By William Norman Grigg via Pro Libertate Blog / November 8, 2014

When an employee in the productive sector offends the company’s customer base, he can expect to the censured, sanctioned, or sacked. Customers who complain about such an employee can expect that their opinions will be listened to politely and respectfully. After […]

About America’s Sudden Fascination With Hiring Young Women

zerohedge.com / by Tyler Durden on 11/08/2014 11:40

Yesterday, when we presented what we thought at the time was “The Strangest Number In Today’s Jobs Report” namely the near record surge in workers aged 16-24, which amounted to 528K, or the vast majority of job additions in the month of October…

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Job Cuts Surge 68%, Most In 3 Years; Worst October Since 2009

zerohedge.com / by Tyler Durden / 11/06/2014 08:12 -0500

Maybe this explains the election results? Challenger reports US companies laid off over 51,000 people in October, the most since May (and 2nd most since Feb 2013). This is a 68% surge MoM (and 11.9% rise YoY) – the biggest monthly rise since September 2011. Retail, […]

Small Business Optimism Slides, Hiring & Capex Plans Collapse

zerohedge.com / by Tyler Durden / 10/14/2014 08:58 -0400

Just when the talking-heads thought it was safe to proclaim small business is back, the data turns around and smashes them in the face. The headline NFIB Small Business Optimism index slipped to its lowest since June (the 4th month below the 7-year-high peak in May). […]