Super typhoon Haiyan in charts, part 2

November 11, 2013

Reuters reports on the destruction in the Philippines after super typhoon Haiyan hit over the weekend:

Super typhoon Haiyan in charts

November 8, 2013

Reuters reports on super typhoon Haiyan, which has killed at least three people so far in the Phillipines:

US 3Q GDP in charts: Shelves full, consumers still weak

November 7, 2013

Today’s third-quarter GDP data — full BEA release here — was a bit of a mixed bag, Reuters writes:

A preview of Twitter’s IPO

November 6, 2013

Twitter’s IPO is tomorrow, and details about its pricing are dribbling out. In fact, sources told Reuters the IPO could price at the high-end of projections, possibly up to $28 per share:

Planned layoffs jump in October

November 6, 2013

The number of planned layoffs in the US was up 13.5% in October from the previous month, Reuters writes. However, there is some good news:

The decline of America’s middle-class neighborhoods

November 5, 2013

New research shows a steady increase in the extent to which Americans are geographically divided by income. The below charts are from a paper by Kendra Bischoff and Sean Reardon, professors at Cornell and Stanford respectively, on what they refer to as “residential segregation by income”. (h/t to Kevin Drum)

The state of global manufacturing

November 4, 2013

U.S. companies cut back on spending in September, Reuters writes. Factory orders were up overall, but “new orders of non-military capital goods other than aircraft, an indicator of business spending plans, fell 1.3 percent during the month.”

The battle for an extra inch of space on long-distance flights

November 4, 2013

The battle for comfort in commercial air travel, it turns out, is a game of inches. A fight for an extra inch of seat width in long-distance flights is brewing between the world’s two top planemakers, Reuters’ Tim Hepher writes.

Shooting at LAX

November 1, 2013

Reuters’ Tim Reid and Dana Feldman report on the latest at LAX: “Several people were injured in a shooting incident that sparked chaos at the Los Angeles International Airport on Friday and authorities said the suspected gunman was in custody.” Follow Reuters’ live coverage here.

Bubbles and the global housing market

November 1, 2013

“Fast-rising property markets are haunting the global economy again, five years after the U.S. subprime mortgage bubble burst and triggered the worst financial crisis since the 1930s,” Reuters reports. Still, “the warning signals are flashing amber, not red, and several countries have acted to cool overheating markets,” Alan Wheatley and Tim Reid report.