From builders’ perspective the news is discouraging. New home purchases tumbled in September to the weakest pace since December 2016. Sales of previously owned homes dropped for a sixth straight month, the worst streak since 2014. Homebuilding stocks have lost more than a third of their value this year. Of course, rising wages may help put more houses in reach. Starter homes are still in demand, and some smaller, more affordable markets such as Columbus, Ohio, and Grand Rapids, Mich., remain as strong as ever. But the shift is especially striking given the robust U.S. economy.
Multiple Risks Are Converging on Markets (thc0655)
My answer is always the same: We can be certain the crisis is coming and can estimate its magnitude, but no one knows exactly when it will happen or what the specific catalyst will be.
The second part of my answer is to prepare for the crisis now. When it happens, it could unfold very quickly. If you’ve been paying attention to the stock market lately, you know how quickly selling fever can spread once it starts. Just look at these past two days alone.
Police cars and control rooms sit empty in Hartlepool, County Durham, where locals solve their own crimes on Facebook as there are not enough officers.
Cleveland Police have been hit hard by cuts since austerity measures were introduced by George Osborne eight years ago.
Senior US officials, meanwhile, have indicated to Saudi advisers in recent weeks they would support Prince Ahmed bin Abdulaziz – who was deputy interior minister for nearly 40 years – as a potential successor to King Salman, according to Saudi sources with direct knowledge of the consultations.
In this years' update to the Small Arms Survey, published by the Graduate Institute of International and Development Studies in Geneva, we find that civilian gun prevalence — legal and illegal — is not especially widespread in Latin America, even by European standards.
The disclosure from Amazon comes as it gears up for the busy holiday shopping season. The Seattle-based company is expected to grab as much as half of all online sales by the end of this year, according to Bain & Co.
Amazon shares closed higher today, up 1.4 percent to $1,516.73. The price was down 0.2 quarter percent in after-hours trading around 5:25 p.m. ET.
Oil Companies Lose $1 Trillion As Prices Crash (Michael S.)
Alberta Premier Rachel Notley said that “no option has been taken off the table” in response to the bottlenecks and price crashes for oil Canada. The statement referred to mandatory production curbs, which has been floated even by Canadian oil executives. The price discount for WCS is costing Canada $80 million per day.
Harvest 2018 Keeps Going and Going and Going (newsbuoy)
One month ago, I wrote a column about farmers in the Midwest who endured late planting due to April snows, record-setting rainfall in early summer, hailstorms, and then rain and snow delaying harvest through the entire fall. It's been a tough year for farmers in nearly all corners of the Midwest. Loss of crop yield and quality downgrades have cut into an already slim bottom line for farmers this year.
The Poop On Manure (newsbuoy)
Using manure that has been freshly dug from the barn, coop, or paddock poses problems. Depending on the kind, it may be very high in ammonia, or contain so much nitrogen that it will burn the roots and stems of any plant it comes in contact with. It might also be full of weed seeds. Fresh manure may also contain pathogens from the animal’s gut. Storing manure allows it to mature in the same way that compost does—bacterial action causes a buildup of heat that will, ideally, kill weed seeds and other pathogens.
Public figures talk and act as if environmental change will be linear and gradual. But the Earth’s systems are highly complex, and complex systems do not respond to pressure in linear ways. When these systems interact (because the world’s atmosphere, oceans, land surface and lifeforms do not sit placidly within the boxes that make study more convenient), their reactions to change become highly unpredictable. Small perturbations can ramify wildly. Tipping points are likely to remain invisible until we have passed them. We could see changes of state so abrupt and profound that no continuity can be safely assumed.
The smart machines can assemble 60 to 80 salad bags a minute, double the output of a worker.
Enlisting robots made sound economic sense, Taylor Farms officials said, for a company seeking to capitalize on Americans’ insatiable appetite for healthy fare at a time when it cannot recruit enough people to work in the fields or the factory.
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