Category: General

WSJ: Steady Hiring Without Wage Gains Deepens Puzzle for Fed

We keep adding jobs and the unemployment rate is extremely low.  So why don’t overall wages rise more that 2-2.5% year over a year?  Holding constant the retirement of high paid baby boomers and millennials entering the work force at starting salaries, we should still normally see more wage growth and tightness in the labor…


Halftime Report: Wall Street divided on Chipotle

This video and description was originally posted by CNBC. Watch the video on The “Fast Money Halftime Report” traders discuss mixed upgrades and downgrades for Chipotle after news of a restaurant closing for the day after a norovirus outbreak.


NYT: Walgreens Calls Off Deal to Buy Rite Aid

The US government again helps Amazon by limiting whomever might be able to be a real competitor.   As long as prices fall, the US doesn’t seem to care about anti-trust issues. Read the full article in The New York Times