It’s a fully packed day with earnings from Apple, the start of a Fed meeting, several other major companies reporting, and more concerns about U.S. relations with China. U.S. stocks had a mixed tone in pre-market trading following a similar pattern in Europe and Asia. A development just after the closing bell yesterday could be a factor, as U.S. prosecutors filed criminal charges against Chinese smartphone maker Huawei Technologies. One thing markets tend to dislike is uncertainty, and this might create even more. Asian markets took some heat Tuesday, and the Chinese government told Reuters the charges were unfair……….
Last year, I left my corporate life in New York City behind in a vow to give myself one year to design my dream job. Shortly thereafter, I took off on a 9-month-long social experiment, in which I would circumnavigate the globe by couch-surfing exclusively through my social network. Seventeen countries, four continents, and over a hundred encounters later, I have learned that I am not alone in my quest to earn a living while traveling the world: there are so many people out there right now who are making it work.
China’s services sector growth rose for the second month in a row and hit its highest level since June 2018 , according to the Caixin China General Services Business Activity Index, released on Friday. Caixin said that increased foreign demand for Made in China goods and improving business confidence helped. The Index hit 53.9 in December from 53.8 in November and 50.8 in October. While the number is generally flat from November, it is much higher than the third-quarter average and comes at a time when trade tensions remain high.
Older workers in particular need the labor market to continue its growth streak. Employers added 312,000 new jobs in December 2018, according to the Bureau of Labor Statistics. This is welcome news, but the labor market needs to continue improving, so that older workers will see real economic security. Additional job gains could make it easier for unemployed older workers to find a new job. And continued job market growth could further shrink inequalities in job market outcomes for older workers, for instance, by race and ethnicity…..
Against the backdrop of the partial shutdown of the federal government, U.S. farmers and ranchers are no doubt looking for a happier new year in 2019. The burgeoning agtech sector could brighten things up by continuing to boost productivity and reverse the market setbacks of 2018. Not since the 1980 embargo on U.S. grain exports to Russia have farmers been so pressured by the vagaries of global trade policy. The statistics are telling. According to the USDA’s World Outlook Board, soybean exports hit by the retaliatory tariffs put in place by top importer China dropped in 2018 by about 11%.
When hedge fund Trian Partners in October 2015 disclosed a $2.5 billion investment in General Electric GE -1.85% in support of Jeff Immelt’s efforts to reshape the conglomerate, it was the culmination of a multiyear effort by GE’s then-CEO. Two years prior, Immelt had invited Trian’s billionaire cofounder Nelson Peltz to speak at a corporate offsite to GE’s top brass, including some board members, and prod the century-old Dow giant to rein in overhead. After, the hedge fund kept an open dialogue with Immelt as he made some of his biggest decisions as CEO and repositioned the company from a near-death experience during the 2008 crisis…………..
Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20. The representatives of two Spanish banking groups were invited to an E.U. blockchain roundtable held in Brussels by Mariya Gabriel, the commissioner for Digital Economy and Society, and Roberto Viola, director of the E.U. Department of Communications Networks, Content and Technology. According to a BBVA press release, during the meeting E.U. officials revealed that the IATBA will launch in the first financial quarter of 2019…………….
Walmart became the latest major store to exceed earnings estimates Wednesday, and shares of the company climbed in pre-market trading. The Walmart news might help give the rest of the market a lift, but Brexit worries have the dollar on the rise again. Walmart earnings of $1.08 per share beat third-party consensus of $1.01, while revenue of $124.9 billion came in just shy of estimates. Walmart also raised fiscal 2019 guidance, and said ecommerce sales—a closely-watched area—rose 43%. That was well above estimates of 35% to 40%, and came as U.S. same-store sales……………
Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China https://www.pivot.one/share/post/5be97852cd5ee726e14c46d4?uid=5bd49f297d5fe7538e6111b6&invite_code=JTOJYV
Digital transformation is changing the way companies do business, so it should come as no surprise that the applications that deliver business services are under pressure to keep up. Application teams are embracing a full mix of technologies– from mobile first to cloud-native architectures, to enable more agility, innovation, and end-user focus than ever before. Yet with more technology comes more complexity, more need for visibility, more components to monitor– and also more data. As digital transformation sweeps the world, the following seven data points can help inform your application performance monitoring (APM) strategy ………..