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Number Of Distressed US Retailers Highest Since The Great Recession

Number Of Distressed US Retailers Highest Since The Great Recession

2016 was a rough year for the so-called brick-and-mortar retailers with several mall-based apparel companies, including Aéropostale, Pacific Sun and American Apparel, being forced to seek chapter 11 bankruptcy protection.  Meanwhile, The Sports Authority didn't even bother with a reorg plan as creditors decided that a liquidation was the best way to maximize value for creditors.

Newly-Declassified Documents Show that CIA Worked Closely with Owners and Journalists with Many of the Largest Media Outlets

Newly-Declassified Documents Show that CIA Worked Closely with Owners and Journalists with Many of the Largest Media Outlets

Newly-declassified documents show that a senior CIA agent and Deputy Director of the Directorate of Intelligence worked closely with the owners and journalists of many of the largest media outlets:

The United States Senate Select Committee to Study Governmental Operations with Respect to Intelligence Activities found in 1975 that the CIA submitted stories to the American press:

https://www.youtube.com/watch?v=5ED63A_hcd0

Wikipedia adds details:

Q1 GDP At Risk As Trade Deficit Balloons Near 9 Year Highs

Q1 GDP At Risk As Trade Deficit Balloons Near 9 Year Highs

On the heels of a disappointing revised Q4 GDP print, the US trade balance for January printed a $69.2 billion deficit. This is the second largest deficit since August 2008 (slightly smaller than the March 2015 plunge) as the dollar surge has not helped.

The biggest driver the deficit increase was  4.8% MoM increase in Consumer Goods (notably Auto exports rose 9.3%)

The $69.2bn deficit is considerably worse than the $66.0 billion expectations, and is lower than the lowest analyst expectation.

US-Made Missiles Found In ISIS Military Base In Iraq

The Iraqi army have discovered a number of US-made missiles in an ISIS military base in the Southern part of Mosul, Iraq. According to local sources, missiles originating from the USA have found their way into the Anbar province before. Realitieswatch.com reports: Provincial officials confirmed that the US-made weapons were sent by the US-led anti-ISIL coalition airplane for the ISIL terrorists in Anbar province.

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