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Zero Hedge 05/31/2020 12:20
There Is Nothing Normal About The US Savings Rate. Sun, 05/31/2020 - 12:20. Even as the stock market chugs up the wall of worry, we were reminded last week that the economic fundamentals remain mired in simply unprecedented territory. As you can see in the first chart below, April saw both the largest increase ever in personal income (blue line) and the largest ever decline in personal consumption expenditure. Importantly, personal consumption expenditure fell fully 30% more than personal income rose, implying that all that “income” (i.e. stimulus payments) was saved. Indeed, the second chart below shows that savings rate rose to 33%, for which there really are no words. Sure, that is April data reflective of when the economy was shut down an.
PhoneArena 05/31/2020 12:15
Not long after announcing the , ZTE is now getting ready to unveil another new Android phone called Axon 11 SE (the last part of this name ). Photos showing the Axon 11 SE have been published , so we can see the handset from multiple sides. What we have here is a pretty elegant phone that resembles the Axon 11 5G only when viewed from the rear. While the Axon 11 5G sports a curved display with a "dew drop" notch, the display of the Axon 11 SE is flat and has a punch hole on the left (obviously making room for the phone's front-facing camera). ...
Zero Hedge 05/31/2020 12:13
Spain's Socialist PM Pushes For Another 2-Week Lockdown Extension As Global COVID-19 Cases Pass 6 Million: Live Updates. Sun, 05/31/2020 - 12:13. A day after India extended its lockdown for the fourth time, Spanish Prime Minister Pedro Sanchez is asking parliament to approve one more 15-day extension of Spain's lockdown - which has already been moderately eased even in some of the worst-hit areas like Madrid - until June 21 "to finish with the pandemic once and for all.". 05/31/2020 12:13
U.S. Transportation Secretary Elaine L. Chao Announces $891 Million for 12 Transit Infrastructure Projects Across America. Friday, May 29, 2020. WASHINGTON – The Trump Administration today announced a total of $891 million in federal funding will be provided by the U.S. Department of Transportation’s Federal Transit Administration (FTA) to 12 transit infrastructure projects.
President Donald Trump posted identical messages on Twitter and Facebook this week. But while the two social platforms have very similar policies on voter misinformation and glorifying violence, they dealt with Trump's posts very differently, proof that Silicon Valley is far from a united front when it comes to political decisions.
Biofuels Digest 05/31/2020 12:10
In Washington, D.C., the Renewable Fuels Association thanked the Governors’ Biofuels Coalition, led by South Dakota Governor Kristi Noem and Minnesota Governor Tim Walz, for sending a letter to Senate and House leadership urging them to make sure emergency relief for the renewable fuels industry is included in the next COVID-19 stimulus package.


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