Business News

NWQ AM Financial News

The U.S. could see shortages of pork bellies and ham with the spread of a pig-killing disease in China. American pork exports to China will likely see 12% growth in 2019 and 13% growth in 2020. China’s pork prices surged 69.3% in September from a year ago.

 

Retirees will get a 1.6% cost-of-living increase from Social Security in 2020. The increase amounts to $24 a month for the average retired worker. 

 

Costco sold 91 million rotisserie chickens last year, more than double the number from a decade prior. Costco has sold rotisserie chickens at $4.99 since 2009.  

 

The European brewer Carlsberg is working on beer bottles made of paper from sustainably sourced wood fiber. 

Walmart is launching a new service that will deliver groceries, and put them away in your fridge. InHome grocery delivery is a $19.95 membership program and requires shoppers to purchase a $49.95 smart door lock kit. 

 

The UK government's climate advisory body says frequent flier programs should be banned and a tax on frequent flyers implemented in order to reduce carbon emissions. 

 

Forty-three percent of cyberattacks are aimed at small businesses. Costing small businesses $200,000 on average, with 60% of them going out of business within six months.

 

With Northwest Quadrant Wealth Management I am Troy Reinhart.

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