Economic Indicators3 hours ago (Jun 07, 2020 07:15PM ET) (C) Reuters. FILE PHOTO: Shoppers sit with bags in London LONDON (Reuters) – The number of British shoppers in early June indicate “a huge amount” of pent-up demand amongst consumers for shopping in physical stores as the coronavirus lockdown is eased, […]
Black Hole Paradoxes Reveal a Link Between Energy and Entropy
“Physicists like to probe the extreme,” said Garrett Goon, a physicist at Carnegie Mellon University. “The fact that you can’t go further, that something is changing, something is blocking you–something interesting is happening there.” For decades, black holes have played the headlining role in the thought experiments that physicists use […]
Covid-19 Opens the Door for Gig Workers to Win Sick Pay
As Covid-19 made its grim march around the country in March, Seattle became the first American city to close down. It was the first, too, where gig workers began to report that jobs had dried up, or that they had stopped working because they were scared for their health. Last […]
Natural Gas: Rebuying Following Exhaustion
Natural Gas on the Nymex had a volatile week before closing on Friday 2.1% lower than a week ago at $1.80. EIA confirmed on Thursday a build of 102 Bcf in working underground stocks for the week ended May 29. Stocks are currently 39% higher y/y, 18.4% above the 5-year […]
China May exports slip back into contraction, imports worst in four years
(C) Reuters. FILE PHOTO: Cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong BEIJING (Reuters) – China’s exports contracted in May as global coronavirus lockdowns continued to devastate demand, while a sharper-than-expected fall in imports pointed to mounting pressure […]