G.G. flagged this: Californians’ income falls for first time since WWII.
Also from G.G.: US Federal Reserve starts ‘QE-lite’ to placate markets.
Don W. sent us this: Mexico’s Crashing Oil Industry
Items from The Economatrix:
Stocks Fall for Fourth Day After Retail Sales Report
In a Sluggish Economic Summer, No Easy Fix Ahead
Auto Sales Boost Otherwise Weak Retail Sector
Aid Helps States Avoid Layoffs, But or How Long?
Jobs Picture Dims as Unemployment Claims Rise
Mortgage Rates Hit 4.44% As Economy Sours
Oil Price Slide Continues on Grim Economic Data
Markets Dive as Depression Fears Grow
Stock Market “Perfect Storm” Cuts Pension Income Two Thirds