Chinese exports are gaining momentum but the outlook is murky as global growth cools

Chinese exports are gaining momentum but the outlook is murky as global growth cools

China’s July exports grow at a faster pace, beating forecasts Imports still disappoint, highlighting the weakness of domestic demand The trade balance hit record highs in July Weak foreign demand adds stress to trade and the economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly accelerated in July, offering an encouraging boost to … Read more

Ski resorts in Tahoe desperate for worker housing are even turning into brutal campgrounds

Ski resorts in Tahoe desperate for worker housing are even turning into brutal campgrounds

With winter approaching and scarce lodging options for employees selling lift tickets or concessions, Palisades Ski Resort in Tahoe attempted a bold experiment last year. The company opened a campground near Highway 89, where workers could park their vans and face the snowy months without heating, water or electricity. Palisades ran and maintained the campsite, … Read more

3 brainless energy stocks to buy in August

3 brainless energy stocks to buy in August

The energy sector was one of the few positives in the market this year. Stocks in that sector rose more than 30% on average compared to a double-digit percentage decline for the S&P 500. Even with those big gains in the rearview mirror, however, several energy stocks still look like attractive investment opportunities this August. … Read more

Why traders started unloading crude

Why traders started unloading crude

US West Texas Intermediate crude oil futures are trading lower on Friday shortly after the release of a US Nonfarm Payrolls report suggesting the US is not in a recession and the Fed is likely to continue on its aggressive path of rate hike. Prices came under pressure this week as traders were worried about … Read more

Inflation takes over as the next big target for markets following July’s monster jobs report

Inflation takes over as the next big target for markets following July’s monster jobs report

Investors shift their focus to inflation in the coming week after the July employment report signaled that the Federal Reserve may have to take an even tougher stance on interest rate hikes. It could also be a week where investors will be watching to see if rising Treasury yields begin to slow the tech sector’s … Read more

Equifax credit score error class action investigation

Equifax credit score error class action investigation

A coding problem has led to Equifax credit scoring errors – who’s interested? (Photo credit: Andrey_Popov / Shutterstock) Consumer credit scores may have been reported incorrectly to lenders. These mistakes may have cost consumers money or loan availability. If you’ve been hit, you may qualify to participate in a class action investigation. Millions of potential … Read more

The shortage of carbon dioxide worries craft breweries

The shortage of carbon dioxide worries craft breweries

Comment on this story Comment IPA and lager aren’t the only things craft brewers produce this summer – there are also problems in preparation, with carbon dioxide shortages causing prices to rise and production to slow down. The culprit is the dreaded phrase “supply chain problems,” a familiar pandemic-era problem that in this case covers … Read more