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Russia launches large snap military drills

  Moscow / AFP Russia on Thursday launched large-scale snap military drills, putting its troops on full combat readiness in districts bordering Ukraine and the Baltic states, the defence minister said. “In accordance with the decision of the Supreme Commander-in-Chief of Armed Forces of the Russian Federation (President Vladimir Putin), a spot check started today,” Defence Minister Sergei Shoigu said ...

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The comeback of middle-wage jobs

  One of the economy’s bright spots is the job market — and it may be even brighter than it seems. Not only are there more jobs (1.3 million so far in 2016), but they may be better-paying, according to a new analysis by economists at the Federal Reserve Bank of New York. The Fed economists report that middle-wage workers ...

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Still a lot of negativity on the housing market

  There has been a steady drumbeat of negativity about housing ever since the residential real-estate market crashed. While there are some signs of recovery, psychological damage persists. It has been a few years since we last looked at this issue, so we’re overdue for a revisit. Everyone has to live somewhere, and where and in what kind of housing ...

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