Markets

Jobs Added in July

Jobs Added in July The latest employment data from private payrolls firm ADP came the same day as the Federal Reserve is widely expected to cut interest rates to help protect the U.S. "Hampering job growth are labor shortages, layoffs at bricks-and-mortar retailers, and fallout from weaker global trade", he said in a statement. In terms of company size, large businesses with 500 or more employees dominated the... [Full Article...]

Powell Fed raises as many questions as answers with rate cut

Powell Fed raises as many questions as answers with rate cut After all, why would the Fed cut rates - and end its balance sheet shrinkage programme two months ahead of schedule - unless it was in response to a material threat to USA economic growth that required a cycle of rate cuts, not what has been described as an "insurance" cut? The Fed chairman struggled to provide the answer. [Full Article...]

Cryptocurrency Derivatives Series: Key Take-Aways of Bakkt BTC Physically-Settled Futures

Cryptocurrency Derivatives Series: Key Take-Aways of Bakkt BTC Physically-Settled Futures LedgerX's CEO Paul Chou took to Twitter and threatened to sue the CFTC for not doing "the right thing". On August 1, CoinDesk updated its LedgerX story to report that a statement issued by the CFTC had asserted that LedgerX has "not yet been approved by the Commission" to offer physically-settled bitcoin futures. [Full Article...]

Pig ear dog treats could harm animals and humans — CDC

Pig ear dog treats could harm animals and humans — CDC A warning about a multistate salmonella outbreak tied to the treats has been updated to include all pig ear products. Consumers are urged not to purchase pig ear treats or feed them to their dogs; retailers are being told not to sell them anymore. [Full Article...]

Italy bars McDonald’s fast-food amidst monuments of ancient Rome

Italy bars McDonald’s fast-food amidst monuments of ancient Rome The Ministry for Cultural Heritage on Wednesday announced the decision to prohibit the fast-food giant from opening a location near the Baths of Caracalla, which dates back to the third century. According to website statista.com, Italy past year had the fourth highest number of McDonald's restaurants in the European Union with 578, behind only Germany, France and Britain. [Full Article...]

Trump to announce European Union trade deal on beef sales

Trump to announce European Union trade deal on beef sales President Donald Trump is set to make the announcement Friday afternoon at the White House. The European Commission announced in June that it had reached an agreement with the U.S.to allow more hormone-free US beef onto the European market. [Full Article...]

Impossible Whopper goes nationwide at Burger King

Impossible Whopper goes nationwide at Burger King OSI has more than 65 facilities in 17 countries. OSI will begin making the Impossible Burger starting next month, adding short-term capacity to Impossible's own Oakland factory. But Rebellyous founder and CEO Christie Lagally said co-manufacturing isn't ideal, since plant-based companies have to compete for time and space with other products. [Full Article...]

Oscar Mayer Unveils New Ice Dog Sandwich

Oscar Mayer Unveils New Ice Dog Sandwich Oscar Meyer announced ahead of Friday's National Ice Cream Sandwich Day that it partnered with NY ice cream company il laboratorio del gelato to create the Ice Dog Sandwich , an ice cream sandwich inspired by hot dogs. Courageous enough to try the Ice Dog Sandwich? Want to get your hands on one of these unique treats? Oscar Mayer is deploying a Weinermobile on the streets of New York City, ... [Full Article...]


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