Recent Posts

USA payrolls rise 156k as wages surge most since ’09

  Bloomberg The US labor market turned in a solid performance at the end of 2016, putting job gains above 2 million for a sixth year as paychecks rose by the most during the current expansion. The 156,000 increase in December payrolls followed a 204,000 rise in November that was bigger than previously estimated, a Labor Department report showed. The ...

Read More »

German manufacturing orders weaken after investment-driven surge

  Bloomberg German factory orders fell in November, partially offsetting an investment-driven surge the previous month. Orders, adjusted for seasonal swings and inflation, dropped 2.5 percent from October, when they jumped a revised 5 percent, data from the Economy Ministry in Berlin showed. That compares with a median estimate of a 2.4 percent decline in a Bloomberg survey. Orders gained ...

Read More »

Sinking tower’s homeowners sue San Francisco developer

  Bloomberg Homeowners in San Francisco’s sinking, tilting luxury high-rise are suing the city and the building’s developer over claims they hid engineering flaws for years. Twenty tenants who collectively paid about $75 million for condominiums allege the city and Millennium Partners knew as early as February 2009, before the units were sold, that the structure was unstable, sinking more ...

Read More »
Send this to a friend