Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Employers cut 53,041 jobs in January as the energy industry slashed positions in the face of falling oil prices, Challenger, Gray & Christmas reported. Layoffs hit nearly 2-year high in Jan: Challenger – Yahoo Finance.
If you have been a regular reader of mine, you are probably familiar with several things about me: First, you know I have been a steadfast bull during the entire rise in the stock market. It isn’t that I am such a genius or especially lucky. I just would rather not guess when the bull…
By MARTIN CRUTSINGER AP Economics Writer5:38 a.m.Feb. 5, 2015 In this Jan. 12, 2015 photo, a workman moves along a commercial construction site in Philadelphia. The Labor Department reports its first estimate for productivity in the fourth quarter of 2014 on Thursday, Feb. 5, 2015. (AP Photo/Matt Rourke) WASHINGTON (AP) — U.S. worker productivity went…
More people sought unemployment benefits last week, but the number of applicants remained near historic lows in a positive sign for job growth. The Labor Department said Thursday that weekly applications rose 11,000 to a seasonally adjusted 278,000. The four-week average, a less volatile measure, fell 6,500 to 292,750. That average has plunged 15 percent…
U.S. productivity falls in fourth quarter; labor costs rise Workers prepare outgoing shipments at an Amazon Fulfillment Center, ahead of the Christmas rush, in Tracy, California, November 30, 2014. Credit: Reuters/Noah Berger WASHINGTON (Reuters) – U.S. nonfarm productivity braked more sharply than expected in the fourth quarter, while unit labor costs rebounded after falling…
The Strongest Man on Game of Thrones Is Now the Strongest Viking in 1,000 Years This is not a joke. This is The Mountain That Lifts. UPDATE: Now with video! By Eric Vilas-Boas on February 3, 2015 NOTE THAT IF THERE IS A AUTHORSHIP PAGE THE NAME INSIDE THE SPAN.AUTHOR WILL BE WRAPPED IN AN…
The city could get up to 8 inches of snow by Monday night, forecasters said. View Full Caption DNAinfo/Camille Bautista MIDTOWN — Snow could fall for 48 hours straight this weekend, forecasters said. The storm is expected to begin late Saturday and continue all the way through Monday evening, dumping up to 8 inches, the…
The anger directed at HBO’s The Newsroom in December in the wake of an episode that attempted to capitalize on the debate surrounding the scourge of college sexual assault crystallized the complexity of emotions surrounding the very complicated issue plaguing campuses nationwide. At the time, the Rolling Stone/UVA debacle was dominating headlines — a magazine…
2. NBC News anchor Brian Williams admitted Wednesday to having made up a story about being in a helicopter that was shot down in Iraq. Turns out Williams wasn’t actually in the helicopter at all, and he said that after a decade of recounting the story, he actually “misremembered” what happened. That, in turn, prompted…