Farmers' bailout checks begin arriving to aid farmers
The United States plans a 12 billion bailout to farmers harmed by retaliatory tariffs. From Sept 4 to Thursday USDA received 39,447 applications and approved 7,851. Initial payments totaling 4.7 billion will aid corn, cotton, dairy, pork, sorghum, soybeans and wheat while helping industry cope with the trade war. China vows retaliation and talks with Mexico pursue a deal as Canada remains a hurdle.
MENTIONED IN THIS ARTICLE
Trump
Washington
U.S. Agriculture Department
U.S
USDA
China
Mexico
Canada
Feeding America
Iowa jobless rate at 2.5 percent in August
Iowa’s unemployment dropped to 2.5 percent in August, with 2,300 net jobs added that month and 21,100 more since August 2017. Labor figures show gains in trade and utilities and construction while leisure and hospitality fell. manufacturing and construction led year over year gains with 11,000 and 5,200 jobs respectively.
MENTIONED IN THIS ARTICLE
Iowa
Beth Townsend
Iowa Workforce Development
Hawaii
U.S. Bureau of Labor Statistics
U.S
Economy remains solid as labor market tightens and consumer sentiment rises
A series of reports show the labor market strengthening with unemployment claims dipping to a 48 year low and consumer confidence reaching a 17 year high. Manufacturing activity also rebounds while input prices ease, though existing home sales hold flat in August and inventories edge up after years of declines.
MENTIONED IN THIS ARTICLE
U.S
Labor Department
National Association of Realtors
Wells Fargo to cut thousands of jobs in three-year plan
Wells Fargo will reduce headcount by about 5 to 10 percent over three years as part of a bank wide streamlining effort. CEO Tim Sloan cited improving customer focus and efficiency while referencing past scandals and reputational fixes. At end of June the bank employed 264 500 people.
MENTIONED IN THIS ARTICLE
Wells Fargo
Tim Sloan
Sloan
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Ed Tibbetts
Quad-City Times
Federal Reserve Bank of Philadelphia
Stihl
Virginia Beach
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