All News Results

  • The Conference Board Leading Economic Index® (LEI) for Japan Decreased

    NEW YORK, Aug. 7, 2020 The Conference Board Leading Economic Index® for Japan decreased 0.5 percent in June 2020 to 83.7. The Conference Board Coincident Economic Index® for Japan increased 0.8 percent in June 2020 to 98.2. The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle.

  • Welcome Group Acquires Land for Development in Chambers County, Texas

    HOUSTON, Aug. 7, 2020 As part of recent company growth and in line with the company's expansion goals, Welcome Group, LLC, a Houston, Texas-based commercial real estate owner and developer, has acquired 23 acres of industrial land located on Cedar Boulevard in the Cedar Port Industrial Park in Chambers County for future projects.

  • CANADA STOCKS-TSX tracks fall in energy stocks as oil slips, Trump imposes tariffs

    Canada's main stock index fell on Friday, weighed down by energy stocks as oil weakened on demand concerns due to a resurgence in coronavirus cases globally, and as U.S. President Donald Trump imposed tariffs on some Canadian aluminum products. * COVID-19 cases in the United States have been rising in several states, while India reported a record daily jump in infections on Friday.

  • UK and Japan aim for outline trade deal this month - Japanese foreign minister

    • BY Reuters|
    • 10:23 AM ET 08/07/2020

    Britain and Japan have reached substantial agreement in most areas for a bilateral post-Brexit trade deal and will speed up their talks, Japan's foreign minister said on Friday. "We agreed to accelerate talks with an aim of reaching an outline agreement by the end of August," Japanese Foreign Minister Toshimitsu Motegi, who is in London for talks, told reporters in an online briefing.

  • Baltic index wraps up best week since late-June

    The Baltic Exchange's main sea freight index wrapped up its best week in more than one month, ending broadly steady on Friday, as a slide in capesizes offset higher panamax and supramax rates. * The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up by a point, at 1,501.

  • TREASURIES-U.S. yield curve flattens after job growth slows in July

    • BY Reuters|
    • 10:21 AM ET 08/07/2020

    The spread between long- and short-dated Treasury yields narrowed on Friday morning, a bearish signal, after the Labor Department reported that U.S. jobs growth slowed sharply in July, although less than expected. Longer-dated yields initially rose after the July employment report showed the headline payrolls figures beat economists' expectations.

  • Canada's Ivey PMI shows acceleration in July purchasing activity

    Canadian purchasing activity expanded at a stronger-than-expected pace in July, Ivey Purchasing Managers Index data showed on Friday, providing additional evidence that Canada's economy is recovering from the coronavirus crisis.

  • Immediate Names Sage Growth Partners as Marketing Agency of Record

    BALTIMORE, Aug. 7, 2020  Sage Growth Partners, a Baltimore-based healthcare research, strategy, and marketing firm, today announced it has been selected by Immediate, a financial wellness company, as its marketing agency of record. Matt Pierce, Founder and CEO of Immediate.

  • Treasury Yields Stay Near Record Lows After Jobs Report

    U.S. government bond prices held steady Friday after new data showed the economy added more jobs than expected last month. In recent trading, the yield on the benchmark 10- year U.S. Treasury note was 0.536%, according to Tradeweb, compared with 0.535% Thursday.

  • U.S. Stocks Slip at End of Big Week

    U.S. stocks wavered Friday as the latest employment report showed the economy added more jobs than expected last month, though uncertainty surrounding fresh government stimulus threatened to crimp a recovery. Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, according to the Labor Department. Economists surveyed by The Wall Street Journal had projected that payrolls grew by 1.5 million and that the unemployment rate dropped to 10.6% from...

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