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  • Correction to Grocers Stockpile 'Pandemic Pallets' Article

    Chris Testa is the president of United Natural Foods. "Grocers Stockpile, Build' Pandemic Pallets' Ahead of Winter" at 5:44 a.m. incorrectly said he was the CEO. (END) Dow Jones Newswires 09-27-20 1149 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • Bonds Are Beating Stocks in Topsy-Turvy 2020

    Stocks have staged a furious rally since bottoming in late March, but bonds are still winning the race for returns this year. Despite a 47% rise since March 23, the S&P 500 is up just 2.1% in 2020. The Dow Jones Industrial Average is down 4.8% and the Russell 2000 index of small-capitalization stocks is off 12%. Only the Nasdaq Composite has managed a meaningful increase this year, up 22%, because of a surge in a handful of big technology stocks.

  • China's Export Machine Looks Inward as Global Risks Rise

    YIWU, China-- Chinese makers of goods for export are seeking to turn inwards and sell domestically, a pivot considered key to making the world's second-largest economy more self-sufficient. In recent weeks, Chinese President Xi Jinping has called for the country to embrace what he calls domestic circulation-- a policy designed to bolster local supply chains and encourage domestic consumption to make China more resilient to future commercial or geopolitical disruption, such as...

  • Captive Insurance Seen as Covid-Era Remedy to Rising Premiums

    Rising insurance premiums are costing businesses millions of dollars they can ill afford as they navigate the coronavirus pandemic. Many companies are responding by trying to manage risks on their own. A surge in demand for so-called captive insurance and the increasing amount of capital being devoted to mitigating risks have caught many in the industry by surprise, including brokers who sell the idea of setting up a captive insurer.

  • Grocers Stockpile, Build 'Pandemic Pallets' Ahead of Winter

    Grocery stores and food companies are preparing for a possible surge in sales amid a new rise in Covid-19 cases and the impending holiday rush. Supermarkets are stockpiling groceries and storing them early to prepare for the fall and winter months, when some health experts warn the country could see another widespread outbreak of virus cases and new restrictions. Food companies are accelerating production of their most popular items, and leaders across the industry are...

  • China's Industrial Profit Grew at Slower Pace in August

    China's industrial profit grew at a slower pace in August as the country's export sector faced challenges with the reopening of overseas factories. The country's industrial companies reported a 19.1% increase in profit in August from a year earlier, edging down from July's 19.6%, the National Bureau of Statistics said Sunday. In the first eight months of the year, industrial profit fell 4.4%, the statistics bureau said.

  • Inflation Is Already Here -- For the Stuff You Actually Want to Buy

    If it feels like the price of everything you buy has been soaring, that's because it has-- even as central bankers everywhere worry about the danger of deflation. The gap between everyday experience and the yearly inflation rate of 1.3% in August is massive. The price of the stuff we're buying is rising much faster, while the stuff we're no longer buying has been falling, but still counts for the figures.

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    Beyond Meat's Pitch for More Customers: It's Not Just Good for the Planet, It's Also Good for You. In the hierarchy of what motivates us to buy stuff, two powerful forces are at play: Me and we. Lots of products are good for me, but don't help the collective we.

  • GRAIN HIGHLIGHTS: Top Stories of the Day

    Wheat Falls on Lower Black Sea Prices. Wheat for December delivery fell 1% to $5.44 1/ 4 a bushel on the Chicago Board of Trade Friday, reacting to indications of lower prices in Russia and Ukraine. Falling prices for Eastern European and Russian wheat put pressure on U.S. wheat futures all week, and continued Friday, "on more aggressive Ukrainian farmer selling and an easing tone in Black Sea prices," said Charlie Sernatinger of ED&F Man Capital.

  • U.S. Stocks Rise but S&P 500 Notches Fourth Week of Declines

    U.S. stocks edged higher in another volatile session Friday, but the S&P 500 and Dow Jones Industrial Average notched their fourth consecutive week of declines. The toll of the coronavirus pandemic, the prospects of an uneven U.S. economic recovery and uncertainty from a presidential race has injected turbulence in markets. Major stock indexes started the day swinging between losses and gains before ascending.

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