Before getting into our main topic for today, the Labor Department reported this morning that the unemployment rate for October edged slightly lower to 9.0% from 9.1% for the previous three months. The report noted that non-farm payrolls climbed by 80,000 last month, more or less in line with expectations. We need monthly job creation…
Continue Reading »
You probably noticed that the Central Texas area where I live was ravaged by out-of-control wildfires over the Labor Day weekend, and several large fires continue to burn as this is written. Most of Texas has been in a record drought all year. We also set a new all-time record for days above 100 degrees…
Continue Reading »