Business News


Stocks traded higher yesterday after a report surfaced that China is prepared to accept a partial trade deal as long as no more tariffs are imposed by President Donald Trump
 
The denim apparel maker Levi Strauss posted better-than-expected third-quarter earnings of 31 cents a share on revenue of $1.45 billion, but the stock traded lower after the company reported they are struggling to grow their wholesale business in the US which is their largest market.
 
Median home prices dropped in Bend and Redmond last month compared to August, but they remained higher in both cities compared to September 2018, according to The Beacon Report.  In Bend, the median price for a single-family home last month dipped to $440,000, a decline of about 7% from the record-setting price in August.


Bacon addicts, beware: Top pork producer are warning of shortages.  According to Smithfield Foods, the world's biggest pork producer the U.S. could see tight supplies, or even some shortages of pork bellies and ham next year as the spread of a pig-killing disease in China ripples through the global market.
 
With Northwest Quadrant Wealth Management, I'm Tyler Simones
 
 

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