Bird Flu Worries Send Egg Prices Higher
Egg prices continued to rise in September, marking their biggest year-over-year increase in 2015, the Bureau of Labor Statistics said Thursday. The price for a dozen eggs last month rose to almost $2.97, up 3 cents from August and a 50.6 percent jump over the prices in September 2014. Prices made a record one-month jump of almost 32 percent in June, $2.57 a dozen, when worries surrounding bird flu peaked. They’ve risen 15 percent...
Can Shaming Shut Down The Worst Internet Trolls?
After more than 10 years in the bubbling cesspool of Internet dating, Maggie Serota is no stranger to creeps. She’s gotten messages from fetishists, from sweetheart scammers, from men decades older and boys barely out of school. But in early August, she got a message so skin-crawlingly bizarre that she posted it to Twitter and deleted her OkCupid account. The sender had Googled her, studied her pictures, trawled her online profiles...
Jobs Data Provide Mixed Signals
Washington — Employers added a disappointing 173,000 jobs in August but the blow was softened by the equally unexpected drop of the unemployment rate to 5.1 percent. That’s the best reading on unemployment since March 2008, but there were plenty of mixed signals in the report released Friday by the Bureau of Labor Statistics. Here are three important points from the jobs report and what they signal for the U.S. economy: Outlook for...
Tune In Tonight For Latest Read On China’s Yuan
New York — With the August U.S. jobs report out of the way, it’s time to look ahead to the next big data point in global financial markets. Currency and Treasuries traders will get a fresh read as soon as tonight on the extent of capital outflow and yuan selling that China has been grappling with. The People’s Bank of China, which owns almost one-third of the world’s reserves, will probably report in the coming week that its war chest...
