Coffee market struggles under big short position

Rising tensions between China and the United States pummeled stocks again on Friday, as investors began to take seriously the risk of a trade war between the world’s two largest economies. Markets began to slide at the start of trading after President Trump’s threat on Thursday to heap fresh tariffs on China , and the sell-off gained steam as the day progressed. A new report on hiring that showed the pace of job growth slowing in March — 103,000 jobs were added in the month — did little to buoy investors. Investors took little comfort in statements from the administration’s top economic policymakers, Larry Kudlow, the director of the National Economic Council, and Steven Mnuchin, the Treasury secretary. Both men sought to tamp down the contentious back-and-forth between the two economic giants. On CNBC, Mr. Mnuchin emphasized that the United States was willing to negotiate with China, but he acknowledged that there was “potential for a trade war.” And investors found few … [Read more...] about Markets Tumble Again as U.S.-China Trade Tensions Continue to Rise

0 Restaurants & Bars The company is planning 30 more Foxtail Coffee Co. locations in Tampa Bay within the next five years. D'Ann Lawrence White , Patch Staff Posted Reply The new shops bring Foxtail to 52 locations nationwide, with the brand planning continued expansion in the Tampa market with more than 30 more Foxtail Coffee locations within the next five years. The first 50 guests at each location will receive free coffee for a week (seven coffees total) redeemable using the Foxtail Coffee app. The fast-growing company hailing from Orlando opens its doors in Carrollwood and Temple Terrace on May 27 and June 17, respectively. The 1,400-square-foot shop in Carrollwood will be located at 10907 N. Dale Mabry Highway near local residential neighborhoods and business parks. Opening at 7021 E. Fletcher Ave. and just a short drive from the University of South Florida, the Temple Terrace … [Read more...] about Foxtail Coffee Co. To Open Shops In Carrollwood, Temple Terrace

0 Community Corner Looking for something to do? 5K races, a Cuban sandwich festival, St. Armands Fine Art Festival, Vintage Roost, Sunset Music Festival. Tiffany Razzano , Patch Staff Posted Reply TAMPA BAY, FL — Looking for something to do this weekend in the Tampa Bay area? There’s something for every interest – Memorial Day ceremonies and parades, vintage markets, a fine arts festival, 5K races and more. Vintage Roost Market The vendors are restocking with fantastic vintage finds for the upcoming Vintage Roost Market Friday, Saturday and Sunday from 9 a.m. to 5 p.m. the second and fourth weekend of the month at 2326 E. 7th Ave., Tampa. With 16 vendors each offering their own distinctive vintage flair. The Vintage Roose encompasses 5,000 square feet in Ybor City. St. Armands Fine Art Festival This fine arts festival takes place Saturday and Sunday, 10 a.m. to 6 p.m., in Sarasota. Artisans from throughout … [Read more...] about Memorial Day Events, ArtWave, Dirt Mall Market: FL Weekend Events

Until very recently, the stock market seemed to defy gravity, producing double-digit returns that provided many Americans with financial comfort even as everything else crumbled around them. When the pandemic began upending society, the market sank for a few weeks and then recorded one of the greatest rallies in history. Stock prices rose the day rioters breached the U.S. Capitol, and they were up during the week that protests roiled many American cities after the murder of George Floyd. During this time of great upheaval, the market seemed to flash a contrarian signal that things were going to be OK — economically, at least. But real world problems have finally crashed the stock market’s party. Soaring inflation, fueled by rising food prices and the war in Ukraine, has prompted the Federal Reserve to raise interest rates significantly for the first time in many years, which has sent stock prices plummeting to earth. Stocks rose 2.4 percent on Friday, but not enough to make up … [Read more...] about The Stock Market, After Soaring for Years, Returns to Earth

close Video Steve Harvey jokingly warns Kenan Thompson about impression Steve Harvey jokingly warns Kenan Thompson about impression Coffee, donuts, and a side of celebrity. The Newport, Rhode Island , Police Department was treated to a surprise visit by the longest reigning cast member of " Saturday Night Live ," Kenan Thompson, Saturday morning. Accompanied by Newport's Mayor Xay Khamsyvoravong, Thompson popped in for a quick visit with the force while in town filming the recently announced sequel to his infamous "Good Burger" film . "This morning at shift change the late watch and day watch Officers were surprised by a couple visitors," the NPD shared to their social media. Kenan Thompson and Newport Mayor Xay Khamsyvoravong surprised NPD on Saturday morning. (Newport RI Police Department/Instagram) GOOD BURGER' SEQUEL ANNOUNCED BY KENAN THOMPSON, KEL MITCHELL Thompson and the mayor posed for a … [Read more...] about ‘SNL’ star Kenan Thompson surprises Newport, RI police with coffee and donuts: ‘Wicked nice’

0 This post is sponsored and contributed by Business St. Bourke provides an in-depth analysis of Atlanta's housing market for the first quarter of the year St. Bourke , Brand Partner Posted | Updated Reply This is a paid post contributed by a Patch Community Partner. The views expressed in this post are the author's own, and the information presented has not been verified by Patch. St. Bourke, a leading real estate development firm, provides an in-depth analysis of Atlanta's housing market for the first quarter of the year. Despite various challenges, the data reveals a remarkably resilient and robust market, with many key metrics performing above pre-pandemic levels. This is a testament to the enduring demand for housing in the Atlanta area. St. Bourke’s Director of Research & Communications Katie Fidler, states, “We are encouraged by the sustained activity and growth in lot development and the success of builders … [Read more...] about Atlanta’s Housing Market Shows Resilience Amidst Challenges