George Noorey

ON AIR NOW

George Noorey

12:00am - 2:00am

Contact
Business News


Stocks fell sharply again yesterday, erasing big gains from earlier in the day, after President Donald Trump said the U.S. would impose an additional 10% tariff on another $300 billion of Chinese imports to the U.S.
 
The US economy added 164,000 new jobs in July, underscoring the strength of the US labor market.  The increase was slightly below the forecast of 171,000.  The unemployment rate remained unchanged at 3.7% which is a 50 year low.
 
 American manufacturers grew in July at the slowest pace in three years thanks to festering U.S. trade disputes that have hurt exports and undermined the global economy.  The Institute for Supply Management said its manufacturing index slipped to 51.2% last month from 51.7% in June. That’s the lowest reading since August 2016.


A big quarter at the parent company of KFC, Taco Bell and Pizza Hut. Yum! Brands beat on earnings and revenue thanks to blow-out sales at all three of its big brands. Same-store sales at Taco Bell topped 7%, while KFC was up 6%. They also saw a 2% increase at Pizza Hut, which has been lagging.  The stock rose 4% on the news.
 
With Northwest Quadrant Wealth Management, I’m Tyler Simones.

Hide Comments

News
Traffic

 

 

 

  • Powers Road between SW Elkhorn Street and Porcupine Drive for paving, road closure with local access only, 9/16/19 - 9/17/19.
  • Rockbluff Lane between SW Elkhorn Street and SW Cliffrose Drive for paving, road closure with local access only, 9/16/19 - 9/17/19.
  • Cooley Road between Highway 97 and Hunters Circle for railroad crossing repairs, road closure with detour, 9/16/19 - 9/17/19.
  • NE 3rd Street between NE Greenwood Avenue and NE Franklin Avenue for Citywide Pedestrian Safety Improvements, periodic lane closures with local access, 9/16/19 - 10/25/19, night work from 10 p.m. - 10 a.m.
  • NE Revere Avenue between Division Street and NE Lytle Street for railroad crossing repairs, road closure with detours, 9/18/19 - 9/20/19.

 

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER