Jared Polis will face several challenges as governor of Colorado, but one of the biggest could be an economic downturn in the second half of the year, if a forecast from economist Alan Beaulieu finally proves out. Beaulieu is president of ITR Economics and a specialist in predicting economic cycles. This year, as he has done for much of the decade, Beaulieu made his first public forecast of the year in front of the Denver Chapter of the Association for Corporate Growth. “The U.S. economy and your economy in Colorado will slow down in 2019,” he told the more than 275 people attending a lunch Tuesday at the Embassy Suites in downtown Denver. The downturn will hit industrial firms, exporters and commodity producers harder than it will consumers and the businesses that supply them. And it won’t be particularly severe, but it will sting after a long stretch of growth. “Expect a slow down, but don’t expect a break down,” he said. Given what some of the … [Read more...] about Colorado will follow U.S. into economic slump in late 2019, economist predicts
GREENWOOD, S.C. — The former CEO of a Greenwood, South Carolina, newspaper has pleaded guilty to stealing $17,000 from the paper. The Index-Journal reports former Index-Journal CEO Ed Gunderson pleaded guilty Monday to breach of trust and was sentenced to five years of probation. The 62-year-old Gunderson also was ordered to pay the paper back the $17,000. Gunderson's lawyer, Rauch Wise, says his client did not mean to steal the money and intended to pay the money back before he was fired in August 2017. The newspaper began selling digital marketing services through a third-party vendor in 2016, and Gunderson hired his then-wife, Melissa, as a contractor to help sell the service. Greenwood police say contractor payments that were supposed to go to the newspaper instead went to another company run by Gunderson. … [Read more...] about Ex-CEO admits to stealing $17K from S. Carolina newspaper
LONDON (Reuters) - World stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Delegations from China and the U.S. ended talks that had lasted longer than expected in Beijing on Wednesday amid signs of progress on issues including purchases of U.S. farm and energy commodities and increased access to China’s markets. Officials said details would be released soon. MSCI’s all-country index .MIWD00000PUS sailed 0.5 percent higher in a fourth day of gains. Hopes for a trade deal boosted Europe's export-oriented autos and tech sectors and lifted the pan-European STOXX 600 benchmark to a three-week high. Germany's DAX .GDAXI, France's CAC 40 .FCHI and the UK's FTSE 100 .FTSE all … [Read more...] about U.S.-China trade hopes lift world stocks, oil soars
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | U.S.-China Trade Talks End. Now High-Level Talks Can Begin. Supported by ByKeith Bradsher Jan. 9, 2019 BEIJING — Three days of trade negotiations between midlevel American and Chinese officials ended in Beijing on Wednesday afternoon with progress in identifying and narrowing the two sides’ differences but little sense of when they might reach a deal. The trade talks could help clear the way for higher-level talks later this month, when President Trump attends the World Economic Forum in Davos, Switzerland. Vice Premier Liu He, China’s economic czar, is expected to come to Washington sometime after that. A United States government official confirmed that the talks had ended but declined to elaborate. Chinese officials had no immediate comment, but the Commerce Ministry is expected to … [Read more...] about U.S.-China Trade Talks End. Now High-Level Talks Can Begin.
SOFIA (Reuters) - The Bulgarian government has approved a plan to start talks with the United States on buying eight new F-16 fighter jets to replace its ageing Soviet-made MiG-29s and improve compliance with NATO standards, the defence minister said on Wednesday. The decision still requires parliament's approval. The deal for Lockheed Martin's F-16V Block 70 would be worth around 1.8 billion levs (£827 million), Bulgaria's biggest military procurement since the fall of Communist rule some 30 years ago.. Other bidders had included Sweden, with Saab's Gripen jets, and Italy, with second-hand Eurofighters. (Reporting by Angel Krasimirov, writing by Tsvetelia Tsolova; Editing by Kevin Liffey) … [Read more...] about Bulgaria decides to start talks with U.S. on F-16 jet deal