Author: DailyWestern

by Calculated Risk on 7/26/2025 08:11:00 AM The key reports this week are the advance estimate of Q2 GDP and the July employment report.Other key reports include May Case-Shiller house prices, July ISM manufacturing index and July vehicle sales.The FOMC meets this week and no change to the Fed Funds rate is expected. —– Monday, July 28th —– 10:30 AM: Dallas Fed Survey of Manufacturing Activity for July.10:00 AM: the Q2 2024 Housing Vacancies and Homeownership from the Census Bureau. —– Tuesday, July 29th —– 9:00 AM: S&P/Case-Shiller House Price Index for May.This graph shows the year-over-year change in the seasonally…

Manager Arne Slot says Liverpool have “many” aspects to improve and “need to do better” after his depleted squad lost 4-2 to Milan in Hong Kong on Saturday. The reigning Premier League champions did not deploy a centre-forward, with striker Hugo Ekitike – signed from Eintracht Frankfurt for an initial £69m – absent alongside Darwin Nunez, who scored a hat-trick inside nine minutes in a friendly against Stoke City last Sunday, and Colombia international Luis Diaz. “We came up with playing with two No10s and, in ball possession, that looked really good because of the whole team,” said Slot, speaking…

According to Drew Hill of The Daily Memphian, the Memphis Grizzlies have announced the addition of Darnell Lazare to their coaching staff. Lazare is no stranger to the organization, having previously served as a player development coach for the Grizzlies back in 2018. Since then, he took on a similar position with the New Orleans […] The post Grizzlies rehire Darnell Lazare to develop bigs appeared first on TalkBasket.net.

Three areas to watch have been designated in the eastern Pacific while long range models hint the Atlantic basin may be starting to awaken.Computer forecasts continue to indicate that a fairly robust disturbance will move off Africa about Monday. The track is forecast to be far enough south that it won’t immediately plow into the Saharan dust. There is a reasonable consensus in the various long-range models that the disturbance will track across the Atlantic and be in the vicinity of the northeast Caribbean late in the week.None of the current projections shows a storm of any significance when the…

Bratislava – Slovakia, along with Austria, is accumulating debt the fastest in the entire European Union (EU). In the first three months of this year, compared to the last quarter of last year, Slovakia’s public debt increased by 3.5% of gross domestic product (GDP) or more than 5 billion euros. Although Finance Minister Ladislav Kamenický (Smer-SD) says that consolidation may slow down the indebtedness of the Slovak Republic with the prospect of stopping it by the end of the current government’s term, all circumstances suggest that the debt spiral will continue to turn, the opposition KDH warned on Friday. The…

Earlier this week, I posed the following problem in price theory. The government imposes a binding price ceiling on oranges. But it does not impose any price ceiling on orange juice. After the price ceiling on oranges is imposed, what will happen to the price of orange juice? (Assume a competitive market for oranges.) Show your work. I said I would post my answer. I also said that I would post a diagram of demand and supply. But the diagram got complicated because there are both demand and supply for oranges and demand and supply for orange juice. And, of…

Neymar’s return to boyhood club Santos hasn’t exactly been the homecoming he, or fans, were dreaming of.While there have been glimpses of his undeniable brilliance, the comeback has been marred by recurring injuries, red cards and a string of poor results. Santos have won just four of their 16 Série A matches this season, and the mood around the club is growing tense.Following their latest setback – a 2-1 defeat to Internacional that kept them anchored in the relegation zone – tensions boiled over. Neymar was seen confronting a fan in the stands in a heated exchange at the final…

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Severe flooding across the Philippines, driven by Tropical Cyclone Emong and the annual monsoon season, has forced more than 53,000 families into evacuation shelters.MANILA, Philippines – The combined impacts from multiple tropical cyclones and the Philippines’ annual monsoon season have triggered widespread flooding, landslides and power outages, impacting millions across the country and resulting in more than two dozen fatalities, according to government officials.The country’s Office of Civil Defense said the recent impacts of Tropical Cyclone Emong, compounded by the monsoon, known locally as Habagat, caused major disruptions to infrastructure and have forced the shutdown of schools.More than 53,000 families…

Rep. Ritchie Torres, D-N.Y., took a swipe at President Donald Trump’s economic management during an interview with CNN’s “State of the Union.” “Since Donald Trump’s inauguration, we have seen an 11% decline in the value of the dollar, the steepest decline in more than a half a century,” Torres said in the July 20 interview. A decline of that size is broadly supported by analysis by Morningstarthe financial services research firm. We asked economists about what this development means for the U.S. and world economies; they said it is a historically unusual situation, and one that prompts some worry. U.S.…