Author: DailyWestern

by Calculated Risk on 10/31/2025 01:58:00 PM From BofA: Since our last weekly publication, 3Q GDP tracking remains unchanged at 2.8% q/q saar. [October 31st estimate]emphasis addedFrom Goldman: we estimate that GDP has grown about 2.2% annualized so far this year and 3.3% in Q3. [October 15th estimate]And from the Atlanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.9 percent on October 27, unchanged from October 16 after rounding. After last Thursday’s existing-home sales release from the National Association of Realtors, the nowcast for third-quarter annualized…

There were matches in Germany’s Bundesliga and Spain’s La Liga across the European fixtures on Friday. Borussia Dortmund were hoping for a fourth consecutive win to move second in Germany behind Bayern Munich. Having won at Athletic Club last Saturday, Getafe knew victory at home to bottom side Girona would lift them inside the top six in Spain. Read on for results and highlights from Augsburg vs Dortmund in the Bundesliga and Getafe vs Girona in La Liga. Bundesliga results today Dortmund vs Augsburg: Guirassy goal decisive Augsburg belied their position three points above the relegation zone and run of…

NBA referees will begin wearing headsets during regular season games for the first time which will be used during instant reply reviews and other stoppages but not during live play. Later in the season, the league plans to allow referees to communicate directly with the replay center and each other at all times. Other leagues have used similar technology for some time. The NBA has tested the technology since 2022 at various events.

The federal shutdown — one month long and counting — has an obvious economic impact for government workers who aren’t receiving paychecks and food aid recipients who could lose their benefits Nov. 1. But what about the broader economy? History points to some effect there, too. In past shutdowns, estimates of lost economic activity have reached into the billions of dollars. In the context of a $30 trillion economythat’s not a lot. But on the margins, economists say it can have an effect. The Congressional Budget Office, Congress’ nonpartisan number cruncher, released an Oct. 29 estimate of how much the…

“Expert failure” is clearly having a moment. Pollsters, Wall Street analysts, tech futurists… all are facing demands to reckon with getting it wrong. Economics, though, seems to be getting special attention. Lately, this has metastasized into Orweillian skepticism of government data itself. It’s one thing to argue that economists have misread numbers. It’s quite another to claim that the numbers themselves are lies. Believe me, I understand the reflex. If it’s true that the government fails at so many things it sets out to do, why trust its statistics? But this cynicism commits a category error: confusing the government’s inability…

League Cup7:45 PMOctober 29, 2025Round 4Swansea.com StadiumReferee: Simon Hooper, England Copy and paste this HTML code into your webpage to embed. Swansea World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Manchester City World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Turn off spoiler to view match statistics0.00Expected goals (xG)0.00Passing173 (74%)Accurate passes699 (90%) Turn off spoiler to view match events 1 G Andrew Fisher 5.3 14 D Josh Timon 6.5 16 D Ishé Samuels-Smith 6.7 15 D Cameron Burgess (C) 6.3 26 D Kaelan Casey 7.0 2 D Josh Key 12′ 6.2 27…

Here’s Washington Wizards guard Bilal Coulibaly on the high potential of Kyshawn George, Alex Sarr, and himself as a defensive trio. (via Washington Wizards): “I love it. B.K. (Brian Keefe) be talking about it a lot to us. Me, Kyshawn, and Alex — he thinks we are guys that can really defend and be on […] The post Bilal Coulibaly: Me, Kyshawn, and Alex will be scary together on defense appeared first on TalkBasket.net.

Parts of New York City flooded on Thursday afternoon as heavy rain blasted the Northeast. Flash flood alerts were in effect across the boroughs and down into New Jersey. MOUNT MITCHELL, N.C. — It’s been a soggy end to October across the Carolinas, but while most of the region was dodging the raindrops, up in the mountains of North Carolina, it was snowflakes falling instead.Photos from Mount Mitchell early Thursday morning showed trees blanketed in their first coating of snow as meteorological winter sits just over a month away. First snow of 2025-26 winter season falls atop Mt. Mitchell on…

For decades, the United States’ relationship with Cambodia has been among the most fraught across Southeast Asia, a region where the U.S.-China great power rivalry is fast intensifying. In the past, Washington and Phnom Penh have vigorously sparred over issues like democracy and human rights as well as concerns about Cambodia’s strengthening Chinese ties. Under U.S. President Donald Trump’s second administration, however, this is shifting—perhaps rapidly and much to Washington’s strategic benefit and Beijing’s strategic detriment. Indeed, recent developments with regard to Cambodia suggest that the United States may have finally found a way to play offense in China’s backyard.…

Per Bloomberg. Hmm. Commitment to 12 mn metric tons (MMT) “this year” (calendar, market?). Figure 1: Figures up to pre-meeting, black bars; red bar, commitment assuming 12 MMT pertains to CY2025. Source: Bloomberg. Source: Barchart. Say net farm income rises by about $3 bn. That does not appreciably change the outlook for net farm income, as shown here (discussed here): Figure 2: Farm net cash income (bold black line), government support (tan bar), rest of income (blue bar), expenses (green bar), all in bn2025$. 2025 figure is ERS estimate. Source: ERS USDA (Sept 2025). I will say,…