Federal Reserve
The hidden facts about US economy
Total business sales in the US did in April what they’ve been doing since July 2014: they dropped: -2.9% from a year ago, to $1.28 trillion (not adjusted for seasonal differences and price changes), the Censuses Bureau reported on Tuesday. That’s where sales had been in April 2013!
The untold story behind Saudi Arabia’s 41-year secret debt
By Andrea Wong
Failure was not an option.
It was July 1974. A steady predawn drizzle had given way to overcast skies when William Simon, newly...