The Economic Development Partnership of North Carolina’s (EDPNC) International Trade Division began its four-day road trip across the state to bring its export expertise directly to businesses and business owners looking to expand into international markets. It’s final stop will be on Thursday at Wake Technical Community College’s Western Wake Campus in Cary.
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The State of North Carolina has signed a trade agreement with the United Kingdom in the form of a Memorandum of Understanding. Here are the details.
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Commerce Secretary Wilbur Ross said Monday that the United States will extend by 90 days a limited reprieve on U.S. technology sales to Huawei.
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The chorus of market bears is getting louder. That much was clear Wednesday, when the Dow fell 800 points, its biggest drop of the year. Investors took worrisome economic data out of Germany and China, coupled with a recession signal in the bond market, as compelling reasons to bail out of stocks. But bulls could take the reins once again.
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Add NetApp to the list of tech companies with large operations in the Triangle who are taking financial hits as part of the ongoing trade war between the US and China.
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The Dow dropped 400 points, or 1.6%, on Monday afternoon. The S&P 500 and Nasdaq lost about 1.4% apiece. Treasury bond yields once again fell sharply as investors piled into safe assets.
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Homeowners are constantly getting a lot of refinance-your-mortgage offers, but they might want to pay more attention to the deals now thanks in part to the ongoing economic turmoil.
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Financial and trade turmoil seems to have lessened a bit today, but is this a calm before the storm? Dr. Mike Walden, an economist at N.C. State, warns that the trade war, looming currency war and stock market are forming a toxic brew that is increasing the chances of a recession.
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More than half of corporate financial executives expect a recession to hit the US economy in 2020, according to a new Duke University survey. However, many companies continue to plan for the hiring of additional workers, are worried about finding and retaining talent, and want immigration reform so they can gain access to more talent.
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