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Archive | News
U.S. Companies Still Have Work Ahead on Trimming Inventories – Bloomberg
By Vince Golle (bloomberg.com) – American companies still have work to do in slimming inventories even after making some headway in the second quarter, indicating that further efforts to trim bloated stockpiles could weigh on the economy.
Slow Start to Year for M&A Gathers Force With June’s Flood of Deals – Bloomberg
By Joshua Fineman (bloomberg.com) – A slow start to the year for mergers and acquisitions — hamstrung by trade issues with China — picked up in June…
U.S. Growth of 3.2% Tops Forecasts on Trade, Inventory Boost – Bloomberg News
By Reade Pickert and Jeff Kearns (bloomberg.com) – U.S. economic growth accelerated in the first quarter on a big boost from inventories and trade that offset slowdowns in consumer and business spending, with President Donald Trump touting the report as much stronger than expected.
California Is the Most Innovative Economy in America – Bloomberg News
By Shelly Hagan and Wei Lu (bloomberg.com) – The Golden State is living up to its nickname, with California ranking as the most innovative economy in America.
Bigger 401(k) Contributions Are Easier for Empty Nesters – Bloomberg News
By Chris Farrell (Bloomberg.com) – Saving more money early is sound advice, but not always possible. You may be able to pick up the pace after the kids are grown.
China’s New Strategy for Curbing World’s Worst Stock Slide – Bloomberg News
By Bloomberg News (bloomberg.com) – China’s efforts to arrest destabilizing declines in domestic stocks in recent years have become so well recognized that market players coined the term “the national team” to describe buying by state-owned funds. In the latest bout of turmoil, there’s been a twist.
Metal Tariffs Haven’t Cost Jobs (Yet) – Bloomberg
By Peter Coy (bloomberg.com) – Metal Tariffs Haven’t Cost Jobs (Yet). Backers of the duties point out that jobs in metal-using industries are still growing.