Monthly Archives: May, 2018
Emerging Markets Currencies have Worst Week Since 2016
The FT reports that last week emerging market currencies had their worst week since 2016 and they are down again this morning.
The Turkish lira...
Nestle and Starbucks Brew Up Coffee Mega-Deal
The world's largest food company, Nestle, and the world's largest coffee retailer, Starbucks, have made a $7.15 billion deal that will allow Nestle to...
America Takes a Hard Line with China at Summit
A U.S. delegation to China, led by Treasury Secretary Steve Mnuchin has demanded China take steps to narrow the trade deficit with America to...
Storied Gibson Guitar Company Falls to Debt Overload
For nearly a decade it has gone without question that companies would take on debt to finance acquisitions. With interests rates so low, investor...
Lowest Unemployment in 18 Years
Today's employment report from the BLS recorded the lowest unemployment since 2000.
CNBC reports:
The unemployment rate fell to 3.9 percent in April, an 18-year low,...