Chinese stocks are off to a solid start this year after being among the world’s worst-performing markets in 2018. As hopes grow for a forceful official response to a slowdown, one gauge suggests more money is coursing through the financial system, a development that could also boost shares. What’s Happening China’s government and central bank are expected to roll out more economic stimulus measures after the economy grew at its slowest annual pace since 1990 and full-year automobile sales fell for the first time in decades.... … [Read more...] about Amid Gloomy Data, a Hopeful Sign for Chinese Stocks
U.S. Sen. Doug Jones commended President Trump on Saturday for offering to extend deportation protections for some illegal immigrants who arrived in the country as children, indicating it could be a shift that could lead to the end of the partial government shutdown.Trump addressed the nation Saturday afternoon, unveiling his proposal at the same time that Jones was conducting a town hall meeting at the University of Alabama in Huntsville.Jones told a capacity crowd of more than 300 people that he was basing his comments on the early reports of what Trump would say in his address. Those early reports – outlining a three-year protection program for some illegal immigrants in exchange for the $5.7 billion in border wall funding the president has sought – matched what Trump said in his White House speech.Trump made his offer as the partial government shutdown – the longest in U.S. history -- approaches one month.“What I’m seeing is a hopeful sign,” said … [Read more...] about Sen. Doug Jones calls Trump proposal ‘hopeful sign’
This is what winning looks and sounds like. An easy question lobbed at Eli Manning: What do you think of Saquon Barkley vaulting over defenders? Without hesitation, Manning in his much-practiced deadpan: “Well, there are very few of us who can do that. I’m just waiting for my opportunity. It hasn’t arrived yet. It’s out there.’’ There is no place for this banter and frivolity — or the imagery of gravity-bound Eli actually trying to leap over anyone — when one loss blends into the next. The crispness of victory, and winning three of the last four games, is like a dehumidifier lifting the heaviness of the air in the room. “When you win football games it’s more fun, that’s usually the way it works,’’ Manning said. More fun, yes. But is it real? This is the balancing act the Giants must maneuver as they close out 2018 with a record that will look more encouraging than their 1-7 first half indicated it might. At … [Read more...] about Is Giants’ recent surge a hopeful sign for 2019 — or just a mirage?
NEW YORK – Encouraging signs on hiring and growth in the service sector are sending U.S. stocks higher and bond prices sharply lower Wednesday. The yield on the benchmark 10-year Treasury note spiked to its highest level in more than seven years. That helped send bank stocks sharply higher. Technology companies are also rising. A survey by payroll processor ADP showed strong hiring by private businesses in September, and a trade group said services firms produced more and hired more workers. Both reports suggest the economy is in good shape in spite of rising interest rates, oil prices, and the trade dispute between the U.S. and China. General Motors climbed after Honda said it would invest in the company’s self-driving vehicle business. European stocks rose after the Italian government said it will gradually reduce its deficits over the next few years. KEEPING SCORE: The S&P 500 index rose 6 points, or 0.2 percent, to 2,929 as of 2:35 p.m. Eastern time. The Dow Jones … [Read more...] about Hopeful signs sending stocks up, bonds down
Vanderbilt's Jeff Roberson, MTSU's Nick King will be together in training camp authors David Boclair A pair of professional basketball hopefuls from area universities will get their shots with the Boston Celtics. Vanderbilt’s Jeff Roberson and Middle Tennessee State’s Nick King have agreed to training camp contracts with one of the NBA’s most storied franchises. Both reportedly agreed to Exhibit 10 deals, which means the pacts can be converted to two-way contracts if Boston chooses to assign one or both to its G League affiliate. Roberson, a 6-foot-6 forward, played for Golden State’s summer league team. King, a 6-foot-7 forward, played for the Los Angeles Lakers’ summer entry. Roberson was a second-team All-SEC selection in 2018, when he was the Commodores’ leading scorer with an average of 16.9 points per game. He also averaged 7.1 rebounds and became one of only nine players in SEC history to finish in the top 10 in points per game, … [Read more...] about Two local NBA hopefuls sign with Boston Celtics