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Economy News

Fri, Nov 24th, 2017
This computer game comes thanks to 2 Supreme Court justices

WASHINGTON (AP) — The Supreme Court's first female justice, Sandra Day O'Connor, has helped teach millions of students civics through computer games created by an organization she founded. Now, with...

Britain's May steps up efforts to broaden Brexit talks

BRUSSELS (AP) — British Prime Minister Theresa May is stepping up her lobbying efforts to broaden Brexit negotiations with the European Union to future relations and trade, as the talks bog down on preliminary...

China cuts import tariffs on some consumer goods

BEIJING (AP) — China announced tariff cuts Friday on consumer goods including avocados, mineral water and baby carriages in a new effort to spur economic growth driven by domestic consumption and reduce...

Asian shares lower, China in focus after big selloff

HONG KONG (AP) — Asian stock markets were mostly lower Friday with investors finding little guidance with Wall Street closed for the Thanksgiving holiday and Chinese markets in focus after a big sell-off...

'Macron effect' fuels Paris bid for post-Brexit business

PARIS (AP) — Banking giant Citigroup, fast food master KFC and elevator-maker Otis are planning to expand activities in France thanks in part to what they call the "Macron effect" - a surge in investor...

Jobs growth in eurozone at 'highest since dotcom era'

LONDON (AP) — Jobs are being created across the 19-country eurozone at a pace not seen since the turn of the millennium thanks to stronger economic growth, particularly in a resurgent France, according...

Trappers ask court to throw out lawsuit over US fur exports

BILLINGS, Mont. (AP) — Fur trappers are asking a federal judge to throw out a lawsuit from wildlife advocates who want to block the export of bobcat pelts from the United States.

Asian stocks flat as Fed minutes show support for rate hike

SEOUL, South Korea (AP) — Asian stock markets were largely flat on Thursday with investors in the U.S. markets going on a Thanksgiving holiday and the Fed minutes largely in line with investor expectations...

MRO : 14.88 (+2.48%)
HPQ : 21.34 (-4.99%)
UN: Closing energy gap would help poorest countries develop

BANGKOK (AP) — The world's least developed countries need access to electricity if they are to break out of poverty, according to a U.N. report that urges wealthy nations to do more to honor their aid...

Trump SoHo to shed 'Trump' amid reports of sagging business

NEW YORK (AP) — The Trump SoHo hotel is dropping the name it shares with the U.S. president.

Figures on government spending and debt

WASHINGTON (AP) — Figures on government spending and debt in millions of dollars. The government's fiscal year runs Oct. 1 through Sept. 30.

Fed minutes show general support for 3rd rate hike this year

WASHINGTON (AP) — Federal Reserve officials generally believe that it'll soon be time for another increase in the Fed's key interest rate. However, a few felt any further rate hikes should be delayed...

Mexico rights agency says minimum wage is still too low

MEXICO CITY (AP) — Mexico's National Human Rights Commission said Wednesday that the country's 45-cent increase in the daily minimum wage is worrisome because it still isn't enough to meet the basic...

Small retailers aim for emotional ties big chains may lack

NEW YORK (AP) — Some smaller retailers will tug at shoppers' heartstrings during the holidays, trying to create an emotional experience or connection that a big national chain might not provide.

Mortgage rates mixed: 30-year down, 15-year up

Long-term mortgage rates were mixed this week. The 30-year, fixed-rate mortgage fell 3.92 percent, following the yield on the 10-year Treasury note down. The 15-year rose to 3.32 percent.

Rate on 30-year mortgages falls to 3.92 percent

WASHINGTON (AP) — The rate on benchmark 30-year, fixed-rate mortgages slipped this week to 3.92 percent from 3.95 percent last week. But the 15-year, fixed-rate mortgage, popular among homeowners seeking...

Uber reveals cover-up of hack affecting 57M riders, drivers

SAN FRANCISCO (AP) — Uber is coming clean about its cover-up of a year-old hacking attack that stole personal information about more than 57 million of the beleaguered ride-hailing service's customers...

South Carolina county votes to sue utility over reactors

WINNSBORO, S.C. (AP) — A South Carolina county has voted to sue one of the utilities that abandoned construction on two nuclear reactors, calling the company decision a breach of contract.

Applications for US unemployment benefits drop 13,000

WASHINGTON (AP) — The number of Americans filing applications for unemployment benefits fell for the first time in three weeks, pushing total applications down to a low 239,000, further evidence of the...

Poland signs deal to buy US liquefied gas over 5 years

WARSAW, Poland (AP) — Poland's state-owned gas company says it has signed a five-year deal to buy liquefied natural gas from the U.S. as Europe seeks to cut its dependence on imports from Russia.

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps ( ESZ17 +0.11%) this morning are up +0.03% and European stocks are up +0.12% as strength in energy stocks lifts the overall market. Energy stocks caught a bid after Jan WTI crude oil ( CLF18 +1.72%)... Read More

Chart of the Day

Chart of the Day

Daqo New Energy (DQ) is the Barchart Chart of the Day.  The poly silicon company has a Trend Spotter, a Weighted Alpha of 174.85+ and gained 133.81% in the last year.
Read More

Brugler Ag Report

Today's Commentary

Corn futures ended the pre-Thanksgiving session with most contracts steady to a penny higher. They showed little reaction to last week’s record ethanol production (corn use >111 mbu for the week using a 2.84 gal/bu yield), as huge stocks and...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.

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