New York, NY….The Dow Jones Industrial Average is down over 500 points in intraday trading as the worldwide oil glut, dropping oil prices and uncertainty in China’s stock market continue to weigh on markets. The only silver lining is that dropping gas prices continue to help energy costs for businesses and consumers.
Tempe, Arizona…Economic activity in the manufacturing sector contracted in November for the first time in 36 months, since November 2012, while the overall economy grew for the 78th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair […]
Lodi, CA…General Mills is voluntarily recalling several days of production of Cheerios and Honey Nut Cheerios cereal produced at its Lodi, California facility on certain dates in July of this year because of an undeclared allergen – wheat – with potential adverse health effects. Because this recall relates to an undeclared allergen, this is a […]
Washington, DC…I’ve spent every day of my presidency fighting to grow our economy and strengthen our middle class. That means making sure our workers have a fair shot to get ahead here at home, and a fair chance to compete around the world. My approach to trade has been guided by a unifying principle: leveling […]
New York, NY…The combined wealth of Forbes’ 2015 ranking of the richest people in America, “The Forbes 400” (p. 130 of the October 19, 2015 Forbes magazine issue), is $2.34 trillion, up from $2.29 trillion in 2014 and the highest ever. The average net worth of a Forbes 400 member is an astounding $5.8 billion, […]
Washington, DC…The U.S. Department of Agriculture (USDA) reminds farmers and ranchers affected by the recent wildfires in Alaska, California, Idaho, Montana, Oregon and Washington State that USDA has programs to assist with their recovery efforts. The Farm Service Agency (FSA) can assist farmers and ranchers who lost livestock, grazing land, fences or eligible trees, bushes […]
San Francisco, CA…Apple® today announced iPhone® 6s and iPhone 6s Plus, the most advanced iPhones ever, adding a powerful new dimension to iPhone’s revolutionary Multi-Touch™ interface. The new iPhones introduce 3D Touch, which senses force to enable intuitive new ways to access features and interact with content. iPhone 6s and iPhone 6s Plus feature Retina® […]
Washington, DC…As part of the Department of Defense effort to partner with the private sector and academia to ensure the United States continues to lead in the new frontiers of manufacturing, Secretary of Defense Ash Carter will announce today that the Obama administration will award a Manufacturing Innovation Institute for Flexible Hybrid Electronics to a […]
New York, NY….The Dow Jones Industrial Average was up 619.07 points today. This broke several days of declines. While markets are still down on the year there seemed to be a collective sigh of relief today. Relief that the market was capable of inching back into positive territory again and relief that China’s $22 billion […]
New York, NY…Markets have opened sharply lower. Worries on China, Fed and more are pushing the market lower at opening. Let’s see if she can steady and climb back up as the market day goes on..
