Markets seek momentum into a cautious September finish
Investors hope for renewed energy as September trades mix high energy costs weak consumer confidence and shifting sentiment. Key data due include auto sales construction spending factory orders and ISM manufacturing. Major retailers and mortgage rates along with jobless claims and September hires are awaited with earnings reports from Ruby Tuesday Yum Brands Marriott and Freddie Mac.
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Dick Ransom a Cedar Rapids city engineer profile
Dick Ransom, 61, president of Hall & Hall Engineers, details early jobs at Chapman's Golf Center and Cedar Rapids, education at Iowa State, and a 40 year career in government projects. He cites integrity as guiding principle and aims to lead Hall & Hall Engineers in five years.
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Credit card debt signals risk rising in second quarter
The American Bankers Association reports a 4.8 percent delinquency rate on credit cards in Q2, noting cards are unsecured loans with high interest while many Americans shift to debit cards. Indicators include repeated minimum payments and late bills. seek nonprofit credit counseling if needed.
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