by EFSD | Sep 30, 2018 | Economic News
Sometimes the most important economic events announce themselves with huge front-page headlines, stock market collapses and frantic intervention by government officials. Other times, a hard-to-explain confluence of forces has enormous economic implications, yet comes...
by EFSD | Sep 27, 2018 | Economic News
September’s index print is near the all-time high of 144.7 reached in 2000, the Conference Board said Tuesday. “These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they...
by EFSD | Sep 26, 2018 | Economic News
The U.S.-China trade war was in focus on Monday, with tariffs from both parties going into effect at 12.01 p.m. HK/SIN. The Wall Street Journal reported Friday that China had called off planned trade talks with the U.S. following an escalation in tensions prompted by...
by EFSD | Sep 25, 2018 | Economic News
The new round of tariffs on Chinese goods will have devastating effects for retail and consumers, Rick Helfenbein says. “Prices are going to go up, they are going to stay up, and any downturn in the market will be harder to recover from,” he says. The new...
by EFSD | Sep 24, 2018 | Economic News
Drew Greenblatt, who runs Baltimore-based Marlin Steel, is just one of many businesses expected to feel the fallout of higher prices. “We definitely need our president and our nation to protect intellectual property,” he tells CNBC, adding that he sees the...