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For the week of September 19, 2016
COMMENTARY – by Michael J. Hicks, PhD
This is a criminal offense and should be treated as such.
The storied financial services firm of Wells Fargo just committed the broadest financial crime in American history. This revelation is both a damning indictment of regulatory agencies and a call to action for honest men and women in business. Here's what happened.
Read the full text: The Wells Fargo Fiasco Is a Call to Action
Last week's commentary: Cut the Tax Cut Debate, Spend the Money Wisely
View our latest work and related topics by visiting our projects and publications library.
Projects and Publications Library: http://projects.cberdata.org
DID YOU KNOW? – by Dagney Faulk, PhD
Data on August 2016 US retail sales were recently released and show a decrease (-0.49%) in sales since July (seasonally adjusted and inflation adjusted).
Monthly fluctuations aside, the overall trend in retail sales has been positive since early 2009 (see graph). The year-over-year increase in inflation adjusted retail sales came in at 0.8 percent.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
September 20, 2016
|Center for Business and Economic Research
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