The High Costs of the Cloud
Data centers make “the cloud” tangible. The supposed benefits—such as jobs—might not be.
D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
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(Page 69)
More Excess-Capacity Cutting
A piece in last Tuesday’s Wall Street Journal reiterates the point Roger Bybee made in our May/June issue
Goldman Trading Scandal?
This seems to be an emerging juicy story related to Goldman Sachs and possible theft of its proprietary automatic computer
Hartmarx Victory against Wells Fargo
From HuffPo; this relates to the article we posted back in December about the Republic Windows & Doors sit-in,
Telegraph: Unemployment Time Bomb
From the Telegraph; by Ambrose Evans-Pritchard. I am so puzzled by his reference to (Irving?) Fisher at the end.
Why Private Equity Wants To Buy Banks
because there's not much else to buy, according to this Financial Times story: On Wall Street: Banks no
If You Didn't Have Enough To Worry About...
Apparently there's major concern about an El Nino developing in the South Pacific. Such events can wreak havoc
Rogue Trader Causes Oil Spike
From The Financial Times: 'Rogue broker' blamed for oil spike By Javier Blas and Izabella Kaminska in London
If You Liked CDOs, You'll Love CLOs...
From the Financial Times: Night of zombie company looms as debt burden remains large By Anousha Sakoui Financial Times Published:
7 Banks Fail Today: 52 For the Year So Far
Seven banks were taken over by the FDIC on Thursday, six of them based in Illinois. A total of 52
Roubini on Details in the Payrolls Data
U.S. Job Report Suggests that Green Shoots are Mostly Yellow Weeds Nouriel Roubini's Global Economonitor Nouriel Roubini
Goodbye, Green Shoots
The FT's John Authers (video clip) on market reaction to today's US payrolls data, which were
Male Worker Jobless Rate In June: 10.6 Percent
A summary of today's BLS report from Bob Feldman: The official "seasonally adjusted" unemployment rate for