The international Energy Agency is astonished that the oil industry continues to produce at record levels, despite predictions there would be production cuts.
The employment report from the Labor Department on Friday was hailed as more evidence that the worst from the Great Recession is now in the rear view mirror, and receding. But the numbers are deceptive, and if we continue exporting jobs via so-called free trade agreements the economy will get worse.
That popping sound in Shanghai isn't champagne; it's economic bubbles in securities, real estate, art, and more.
U.S.businesses are failing at a faster rate than new ones are being created, suggesting that genuine economic recovery may still be far off.