Category Archives: Money

Where White House touts a boom, most economists see a blip Is the latest pickup in U.S. economic growth destined to slow in the years ahead as most analysts say? Or, as the Trump administration insists, is the economy on the cusp of an...

By News Daily Paper on Aug 16th, 2018

Bridge in Italy had unusual design, required constant work The bridge that collapsed in the Italian port city of Genoa was considered a feat of engineering innovation when it was built five decades ago, but it came to require constant maintenance...

By News Daily Paper on Aug 16th, 2018

Average US mortgage rates fall; 30-year at 4.53 percent Long-term U.S. mortgage rates fell this week for the second straight week, with relatively lower rates continuing to fail to spark home sales. Mortgage buyer Freddie Mac said Thursday...

By News Daily Paper on Aug 16th, 2018

US stocks climb ahead of China trade talks; Walmart surges U.S. stocks are surging Thursday as China and the U.S. prepare to hold their first trade discussions in months, a potential sign of progress toward ending the trade war between them....

By News Daily Paper on Aug 16th, 2018

Why markets are worried about suddenly cold Turkey Why are investors around the world so worried about Turkey‘s economy, when it’s smaller than Florida’s? Because of the possibility that somebody bigger will be next. Investors...

By News Daily Paper on Aug 16th, 2018

US retail sales rose at robust 0.5 pct. annual rate in July Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that consumers are helping drive robust economic growth. Retail sales rose at a...

By News Daily Paper on Aug 16th, 2018

China sending trade envoy to Washington for talks China is sending a trade envoy to Washington in a renewed effort to end a worsening tariff dispute that has raised worries it will chill global economic growth. The delegation led by a deputy...

By News Daily Paper on Aug 16th, 2018

Sales boom in Walmart stores and surge online Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Shares surged 7 percent before...

By News Daily Paper on Aug 16th, 2018

Stocks tumble as investors fret about China's growth Deepening worries about global economic growth, particularly in China, set off a rout in riskier assets including technology stocks, copper and crude oil Wednesday. U.S. retailers...

By News Daily Paper on Aug 15th, 2018

Corona brewer boosts stake in marijuana producer for $4B The parent company of Corona beer and other alcoholic drinks is expanding its partnership with a Canadian pot producer, betting on the continued growth in the medical and recreational...

By News Daily Paper on Aug 15th, 2018