Markets
USA indexes plummet after key Treasury bond sinks to new low
It means that it is cheaper for those countries' governments to borrow for 10 years than for two. But many Wall Street analysts are concerned about the warning signs ahead. "Neither does a yield curve inversion indicate it is time to sell equities", Haefele said. The curve inversion is considered a classic indicator of a looming recession. [Full Article...]
Preferred bidder for British Steel announced
She said steel is an industry that produces materials for other manufacturers, including those in the rail, automotive, and construction sectors, and its customers require strong foundations. "While there is much work still to be done, today's announcement is an important stepping stone on the way to securing a sustainable future for this cornerstone of British industry". [Full Article...]
Turkey welcomes UNSC session on Kashmir conflict
He said the efforts for the Kashmir cause are "a long drawn battle" and Pakistan will consider all options with regard to the evolving situation. New Delhi has refuted the accusations. India is also fighting a three-decade rebellion in Jammu and Kashmir that has claimed tens of thousands of lives. "Today's India is not that of Jawaharlal Nehru but of Narrndra Modi and there is a clear differen... [Full Article...]
Minnesota Unemployment Up In July | News | NewsTalk 610 AM & 103.9 FM KDAL
Minnesota's labor force participation rate held at 70%. Alaska had 400 more federal jobs and 300 more state government jobs than in July of previous year, with much of the growth coming from the Alaska Department of Natural Resources, the federal Bureau of Land Management and other agencies responding to a busy fire season. [Full Article...]
Sixteen states suing to keep T-Mobile and Sprint merger from happening
The lawmakers, presidential hopefuls Amy Klobuchar (Minnesota), Cory Booker (New Jersey), Elizabeth Warren (Massachusetts), and Kirsten Gillibrand (New York), are asking Pai to seek comments from the public before officially signing off on the merger. [Full Article...]
Cuadrilla resumes fracking at English site
All the required permits have been secured to allow the company to begin fracturing its second horizontal well at the site, and gas flow results are expected in early 2020. "It could also support our transition to net zero emissions by 2050". Daniel Carey-Dawes, the organisation's head of rural economy, said: "The majority of people feel that their views are being completely ignored by the Gover... [Full Article...]
London Stock Exchange opening delayed
Britain's stock market indexes jumped after a delayed open following the London Stock Exchange's longest outage in eight years on Friday, boosted by broad gains across sectors. In the first few minutes, the FTSE 100 gained 0.8 per cent to reach 7,124. Such events are rare, with the last such delayed start in June past year, when the FTSE opened one hour late owing to a glitch. [Full Article...]
Honda Civic Hatchback Gets Small Cosmetic Tweaks, Price Bump
For the line-topping Sport Touring trim , buyers now have a choice of either CVT automatic or 6-speed manual transmissions, both of which remain available in the Sport trim . The cabin was also overhauled, reportedly with better finishing materials and noise insulation now covering the entire floor, wheel arches, and trunk area. [Full Article...]