Category Archives: #EconomicIndicators

McDonald’s plans corporate layoffs at regional offices as part of $500 million in cuts – Chicago Tribune

“Hickey declined to answer further questions on the size and scope of the impending layoffs.” via McDonald’s plans corporate layoffs at regional offices as part of $500 million in cuts – Chicago Tribune Advertisements

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Public TV stations KCET and KOCE to merge in shifting market

“The combination of two rivals in public broadcasting comes at a defining moment for local television.” Source: Public TV stations KCET and KOCE to merge in shifting market

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What Will these Mortgage Rates Do to Housing Bubble 2? | Wolf Street

“4.73% now. 5% in a few weeks. Then 6%.” Source: What Will these Mortgage Rates Do to Housing Bubble 2? | Wolf Street

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As Malls Get Crushed, Commercial Real Estate Prices Fall to Lowest in Nearly Two Years | Wolf Street

“since September 2017, the index has dropped 1.7%, including a 1% drop in March from February. It is now down 2.1% from March last year and back where it had been in May 2016.” Source: As Malls Get Crushed, Commercial … Continue reading

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What homeless crisis? HUD Secretary Ben Carson wants to raise rents on the poorest of the poor

“After visiting Skid Row, Ben Carson has proposed ideas to make it harder to house the most downtrodden men and women.” “Their rent is 30 percent of their income, but a proposal by the Trump administration would raise their rent … Continue reading

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Ford is basically giving up on US car business; GM isn’t far behind

“Ford and GM’s first-quarter earnings illustrate how much Detroit is shifting toward crossovers, SUVs and trucks for the US market.” Source: Ford is basically giving up on US car business; GM isn’t far behind

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Subway closing 500 stores in US | abc7chicago.com

“Subway is closing more U.S. stores while expanding internationally.The chain says it will shut down about 500 stores this year, on the heels of hundreds of closures over the last two years.Subway currently has about 26,000 locations in the U.S.The … Continue reading

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