Redundancies
Mike: A tragic ending to the week as people were killed in a Binghamton, NY hostage taking. The day started on a sour note with the unemployment rate spiking to 8.5% and the day ends with the horrifying death of many innocents. Hopefully next week brings a period of good news. Till Monday….. In the […]
Mike: Today brought us increasing unemployment claims and record continuing claims, but improved factory orders. Consumer loan delinquencies increased, but accounting rules were changed to protect banks and other financial institutions. As a result, the stock market shot higher, but hundreds of thousands lost their jobs. It wasn’t be a few months ago that increased […]
Mike: I hope you all had a good weekend. A relatively quiet Monday, but plenty of job losses are possible later in the week at SUN and the auto makers . The Onto the news of the day……….. Mike: Now the government is the new backer of car warranties. Amazing stuff these days. I wonder […]