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FEB 05, 2016 - Denver Post

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Sales of chicken wings are taking off for Super Bowl

The U.S. wholesale price of chicken wings, a staple of Super Bowl parties across the country, has climbed in the past eight weeks, the longest rally in two years.

Tags: Sales of chicken wings are taking off for Super Bowl,  Wholesale Latest News

FEB 05, 2016 - Zero Hedge

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Robust Job Growth Doesn't Make Sense And The Numbers Show Why

Submitted by Jeffrey Snider via Alhambra Investment Partners, With the BLS’s release of Q4 productivity figures, we get to check the BLS’s estimates just in time for today’s increasingly irrelevant payroll report. That much has become thoroughly apparent especially since the middle of last year as the Establishment Survey and unemployment rate only diverge with the overall breadth of economic ...

Tags: Robust Job Growth Doesn't Make Sense And The Numbers Show Why,  Wholesale Latest News

FEB 05, 2016 - Zero Hedge

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70% Of Jobs Added In January Were Minimum Wage Waiters And Retail Workers

For those curious where the big jump in earnings came from, the answer appears rather simple: the reason, according to the BLS' breakdown of jobs added in January (per the Establishment survey), of the 151,000 jobs added in the past month, retail trade added 58,000 jobs in January, while employment in food services and drinking places, aka waiters and bartenders, ...

Tags: 70% Of Jobs Added In January Were Minimum Wage Waiters And Retail Workers,  Wholesale Latest News

FEB 05, 2016 - Zero Hedge

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January Payrolls Miss Big, Adding Only 151,000 Jobs, But Hourly Wages Jump And Unemployment Slides To 4.9%

A quick glimpse at the big miss in the January payrolls report, which just reported only 151,000 jobs gains well below the 190,000 expected and below most big banks' expectations, if precisely on top of the whisper number, would have been sufficient to send futures soaring in the pre market: after all it would mean the economy has topped out ...

Tags: January Payrolls Miss Big, Adding Only 151,000 Jobs, But Hourly Wages Jump And Unemployment Slides To 4.9%,  Wholesale Latest News

FEB 05, 2016 - Business Insider

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This is what it's like to watch a 'Master of the Universe' lose money

I've heard a lot of stories about investors losing money in my time covering Wall Street. There are lots of ways to do it, and lots of ways to react to it. By far the most fascinating people to observe losing money — also the hardest to watch — are super-rich investors. The fascinating part of watching this rarefied group ...

Tags: This is what it's like to watch a 'Master of the Universe' lose money,  Wholesale Latest News