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Chriss W. Street

Chriss W. Street

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US Manufacturing Surges in July

US Manufacturing Surges in July

United States manufacturing, which accounts for about 12% of the economy, surged by 1% in July after rising by 0.3% in June, according to the Federal Reserve.  Auto production led the way with a +10.1% leap, its biggest rise in

China Faces Credit Crunch as Lending Falls 86%

China Faces Credit Crunch as Lending Falls 86%

China’s National Bureau of Statistics revealed data on August 13th that the nation’s credit plunged by a dramatic and wildly unexpected 86% in July, down to the slowest pace since the 2008 bankruptcy of Lehman Brothers and the start of the

We are More Addicted to Boob Tubes than Ever

We are More Addicted to Boob Tubes than Ever

Despite decades of the medical community warning that time spent watching TVs, computers and cell phones can cause eye soreness, dizziness, blurry vision, headaches, and muscle strain, Americans are becoming more addicted to all screens–and especially small screens according to

SpaceX Sued Under Warn Act for Up to 400 Layoffs

SpaceX Sued Under Warn Act for Up to 400 Layoffs

In a stunning development just 48 hours after Breitbart California published “Elon Musk Plays California for Tax Breaks, Then Moves SpaceX Operations to Texas,” employees at Space Exploration Technologies Corporation (SpaceX) headquarters in Hawthorne, California filed a lawsuit claiming the

iPhone 6 may be Hot, but iPad is Not

iPhone 6 may be Hot, but iPad is Not

Apple will be holding a media event on Tuesday, September 9th to unveil its iPhone 6, according to reports today in the Wall Street Journal and tech news site Re/code.  The company releases a new phone each year, and the company

Goldman Sachs to Compete with Bloomberg Messaging

Goldman Sachs to Compete with Bloomberg Messaging

Goldman Sachs and a group of top tier investment banks are about to buy Silicon Valley’s Perzo to directly compete with Bloomberg LP, their current vendor for institutional trader interface and messaging. Facing annual license costs per terminal of over

50-Year Anniversary of the Gulf of Tonkin Incident

50-Year Anniversary of the Gulf of Tonkin Incident

There will be no celebrations today for the fifty-year anniversary of the August 4, 1964 Gulf of Tonkin Incident. The aftermath of the Incident still divides America today. At 11:00 p.m. Vietnam time, Commander John J. Herrick on the destroyer

California Cities Win Economic Bottom Dweller Award

California Cities Win Economic Bottom Dweller Award

Governor and potential presidential candidate Jerry Brown traveled to Mexico this week, while a team of economists for the popular Wallet Hub (WH) social media website employed a group of university economists to evaluate the 150 largest U.S. cities for

Communist Vietnam May Join the U.S. Team

Communist Vietnam May Join the U.S. Team

Sixty prominent members of Vietnam’s Communist Party, including a former ambassador to Beijing, signed a letter on July 29 urging political and economic reforms that would divorce Vietnam from reliance on China, according to a July 30th report by the

Argentina Defaults for 3rd Time in 28 Years

Argentina Defaults for 3rd Time in 28 Years

If you are a 28-year-old millennial in Argentina, you would have lived long enough for your nation to default for a third time in 28 years at 12:01 AM on August 1. The nation’s Economy Minister Axel Kicillof acknowledged the default after

Gallup: 40% of Consumers Buy Used Goods to Save Money

Gallup: 40% of Consumers Buy Used Goods to Save Money

Americans are facing increasing budget crunches regarding spending on household essentials this summer, according to a July 23rd report by researchers at Gallup.  To respond, American consumers say in the past four weeks 83% purchased generic or store brand goods, 61%