Up to 35,000 UBS and Credit Suisse jobs at risk, SWI swissinfo.ch The megabank created by the UBS takeover of Credit Suisse is reducing its global workforce by 20-30% or between 25,000 to 36,000 positions. This is according to the  Sonntags Zeitung newspaper, citing an unnamed senior UBS manager. This was interesting in the US. According […]

National FDI Data Detail Just some Information to throw around. Ten States Leading America’s FDI Manufacturing Workforce, globalbusiness.org and here National FDI Data – GBA globalbusiness.org (see chart to the right). The article declares there are ten states which are benefiting the most from Foreign Direct Investment (FDI). This is taken from a pitch in […]

Both manufacturing and construction continue to contract  – by New Deal democrat As usual, we start the month with data on last month’s manufacturing activity, and the previous month’s construction activity. This month, both were negative. The ISM manufacturing index, which has had an excellent record as a leading indicator for the past 75 years, […]

The healthcare funding landscape, dominated by systems like Fee-for-Service (FFS) Medicare, is increasingly contrasted with innovative financial models, such as the Mega Dice platform, which uses blockchain for transparent, decentralized transactions. However, I’ve been hitting the issues with FFS Medicare versus Medicare Advantage (MA) hard, particularly how MA drains Medicare funding through over-coding practices. In […]

Steve Hutkins and former N.C. Postmaster Mark Jamison have been following the issues with the USPS, its reorganization, and the attacks on it by politicians and commercial interests. This particular post is detailing parts of the reorganization of it. As you will read, the plan is to establish distribution centers where Mail Delivery Personnel would […]

Weekly Indicators for March 27 – 31 at Seeking Alpha  – by New Deal democrat I keep forgetting to put up this link on Saturdays, but you know where to find it: my Weekly Indicators post is up at Seeking Alpha. The good thing about high frequency indicators is you can see what is happening with trends […]

Real income in February rises slightly; real spending declines slightly; real total sales in January rose sharply, as expected  – by New Deal democrat As I wrote earlier this week, personal income and outlays is one of the two most important data releases at the current time, along with the monthly jobs report. That’s because […]

It has taken years for the Feds, CMS, MedPac, Congress to catch up with the thieving practice of these healthcare plans. They have mislead the people they sell these plans too with come-ons such as health club ss, etc. Then when it comes time for care, it is delayed or denied. This comes after the […]

Dean is on a roll here with propositions for the nation as it ages. Thoughtfully, I called it initially a Quiver of Arrows in Support of the economy and in the end Social Security. He is answering a question of what do we need to do to prepare for an aging population and lower replacement […]

Revisions to Q4 GDP made real final sales worse, a potential portent of near in time recession  – by New Deal democrat A month ago, following another blogger, I took a look at real final sales, and real final sales to domestic purchasers, in the GDP – which increased less than 0.5% and just above […]