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Asia stocks slip as China’s economy stumbles

An investor looks at an electronic board showing stock information at a brokerage house in Beijing, August 27, 2015. REUTERS/Jason Lee/File Photo Asian stock markets : https://tmsnrt.rs/2zpUAr4 China data all miss forecasts, retail sales weak Dollar suffers confidence blow, yields fall further Geopolitics a focus as Taliban takes Afghanistan Oil slips on concerns Delta hitting […]

S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?

Stocks on Wall Street mostly ended on an upbeat this past week, with the S&P 500 and Dow Jones Industrial Average rising about +0.71% and +0.87% respectively. It was the tech sector that underperformed, with the Nasdaq Composite falling about -0.09%. An initial push higher in Treasury yields helped bolster cyclical shares, but that narrative […]

U.S. Economy Likely to Outgrow China’s Due to Contrast in Pandemic Responses

The U.S. and China are trading places in the economic growth race. U.S. gross domestic product rose 12.2% in the second quarter of this year from a year earlier, outpacing China’s 7.9% gain. The American edge should continue for at least the next few quarters, many economists say. That would be the first sustained period […]

Will weakening Chinese demand continue to weigh on commodities?

Markets updates Sign up to myFT Daily Digest to be the first to know about Markets news. Will weakening Chinese demand continue to weigh on commodity markets? From copper to crude and corn to coal, commodity prices have enjoyed a powerful rally from last year’s pandemic lows, aided by China’s hunger for raw materials and […]

Revitalizing Whitaker Park: Plan nears fruition for business campus, local economy | Local

Tamisha Clark, Cook Medical’s local general manager, said Thursday that the company “remains committed to move our Winston-Salem operations to Whitaker Park.” “While COVID-19 has impacted our timeline, we have continued architectural planning for our future move and look forward to publishing our new construction timeline post-COVID.” Cook is moving its local workforce of 650 […]

GO Topeka earns reaccreditation from International Economic Development Council

TOPEKA, Kan. (WIBW) – GO Topeka has been reaccredited by the International Economic Development Council. The Greater Topeka Partnership says the International Economic Development Council has announced that GO Topeka has been recognized as one of 64 economic development organizations that are Accredited Economic Development Organizations. First accredited in February of 2018, it said the […]

Top three PNM executives get multimillion dollar payouts if merger takes place | Local News

It pays to lose your job through a merger when you’re a top executive at the Public Service Company of New Mexico. During a hearing Friday on PNM’s proposed merger with Avangrid of Connecticut and Iberdrola of Spain, an administrator at PNM described the payouts that would go to three people if the merger takes […]

The Economic Boom Has Brought Plenty of Problems

Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. U.S. Manufacturing Resurgence? Paulsen’s PerspectiveThe Leuthold GroupAug. 13: Throughout the postwar era, the U.S. economy has been transforming from goods-based to a service-driven economy. However, during the last 30 years, goods have been […]

Your Daily Coffee Habit Is About to Get More Expensive

Coffee roasters have a problem. The cost of the beans that they import has soared this year, leaving roasters anguishing over whether their customers, from grocery stores to cafes to people looking for their daily latte, will tolerate higher prices. Extreme weather has damaged crops in Brazil, the world’s largest coffee exporter. On top of […]

Critics say PRO Act would harm Louisiana’s economic recovery

Critics of the Protecting the Right to Organize (PRO) Act are warning Louisiana’s vulnerable economy is at risk by the pro-union legislation’s inclusion in a multitrillion-dollar federal spending package. The bill stalled after passing the U.S. House in March without a single favorable vote from Louisiana’s congressional delegation. It’s slated to appear as an amendment […]