Mark Levin

ON AIR NOW

Mark Levin

3:00pm - 6:00pm

Contact
Business News


The Athens stock market plunged today, reopening for the first time in five weeks. It dropped more than 20% at the open. Greek banking stocks were the worst hit. (CNBC)

U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector. The Employment Cost Index, edged up 0.2%. That was the smallest gain since the second quarter of 1982. In the 12 months through June, labor costs rose 2.0%. (CNBC)

A key China economic indicator took a sharp turn for the worse, with the final reading for the Caixin China purchasing managers index for July surprising with a drop to a two-year low. (CNBC)

Oregon’s Columbia Sportswear reported a loss of $6.5 million in the second quarter. The maker of outdoor gear posted sales of $380.2 million. Columbia Sportswear shares have risen 40% since the beginning of the year and 62% in the last 12 months. (AP)

Oil is down 68 cents at $46.44 a barrel. Oil prices are at their lowest levels in six months, knocked by fresh evidence of growing oversupply and the data highlighting slowing demand in China. (Bloomberg)
 

Hide Comments

News
Traffic

 

 

  • Purcell Bridge traffic with lane closures, complete closures at times (10/18-5/1)

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER