GERMANY BUSINESS CONFIDENCE UP AGAIN IN SEPTEMBER
ZURICH (MaceNews) — Germany’s business climate improved further in September driven by a more optimistic outlook for both current conditions and expectations, amid signs the economy is stabilizing despite rising COVID-19 infection numbers. The Ifo institute measure of business confidence rose to 93.4 in September from a revised 92.5 (92.6) the previous month, broadly in-line […]
STATUS CHECK: DANCING AWAY FROM GRIM 200,000
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes Yes, everyone is focusing on the obscene 200,000 death toll, actually 201,800 by one count by now, just as “Status Check” did Monday night. And 33 states now seeing higher case rates again, […]
STATUS CHECK: MANY STORIES, MUCH POLITICS, ONE BIG REALITY
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes Top of the Monday news, simply the 200,000 coronavirus deaths in the United States. OK, maybe 182 short of that according to John Hopkins University of Medicine. By Tuesday it will be there. […]
STATUS CHECK: AN OUTSTANDING LIFE BECOMES HISTORY
WASHINGTON (MaceNews) – The following is Friday’s status check of developments in the U.S. that can influence economic, health and political outcomes The “notorious RBG” days before her death was reported to have told her granddaughter Clara Spera, “My most fervent with is that I will not be replaced until a new president is installed.” […]
DATA PREVIEW: HOUSING SECTOR FUELED BY LOW RATES
By Kevin Kastner WASHINGTON (MaceNews) – While the retail and manufacturing sectors continue to improve from their spring lows, neither have received the benefits of record low interest rates as much as the housing sector. In the upcoming light data week, August home sales data will take center stage. After double digit gains in July, […]
FED’S BULLARD: ECONOMY CAN BOUNCE BACK QUICKLY; JOBLESS RATE DROPPING
NEW YORK (MaceNews) – St. Louis Fed President James Bullard Friday offered a sunny view of the economic outlook, saying the economy continues to rebound as businesses adapt to the pandemic, and unemployment is headed down to 6.5% by December. Bullard said much of the rise in unemployment has been due to temporary layoffs, and […]
CHINA-US TECH WAR: US GOVT TO BLOCK NEW DOWNLOADS, UPDATES OF TIKTOK, WECHAT
By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – In an escalation of the ongoing China-U.S. tech war, the U.S. Commerce Department Thursday announced restrictions on new downloads and updates of two popular Chinese-owned mobile apps – WeChat and TikTok – citing a need to safeguard the national security of the United States. […]
TEXT: COMMERCE DEPT SETS US BAN OF WECHAT/TIKTOK
WASHINGTON (MaceNews) – The following is the text of the Commerce Department announcement Friday of the bans within the U.S. of the Chinese apps WeChat and TikTok, to some extent, depending on future negotiations: Commerce Department Prohibits WeChat and TikTok Transactions to Protect the National Security of the United States – In response to President Trump’s […]
STATUS CHECK: MORE ROUTINE JOBLESSNESS, POLITICAL SLURS
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: The news of the day was pretty routine. Another former White House insider, Olivia Troye, accused President Trump of being a hypocrite and in turn was described by the White House as just […]
DATA FLASH: AUGUST HOUSING STARTS SLOW DUE TO DROP IN MULTIFAMILY
–Housing Starts Fall By 5.1% to 1.416 Mln SAAR, But Single-Family Up 4.1%–Initial Jobless Claims Fall 33,000 to 860,000 in September 12 Week–Philadelphia Fed Index Slips to 15.0 in September Vs 17.2 August By Kevin Kastner WASHINGTON (MaceNews) – The U.S. August home building data, released Thursday, were weaker than expected. However, the data represent […]