U S debt sales hit records again feeding deficit criticism
The U S Treasury plans another record debt sale of 84 billion dollars in the coming quarter, surpassing prior levels and signaling a widening federal deficit. Analysts expect debt issuance to exceed 1 trillion dollars for a second year, tied to tax cuts, spending, and aging demographics.
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U.S
Washington
U.S. Treasury Department
Donald Trump
The
Treasury
Department
Wall Street
Starbucks Corp
Howard Schultz
Federal Reserve
Trump
U.S. Treasury
Congressional Budget Office
DoubleLine Capital
Jeffrey Gundlach
Consumers Energy urges Michigan customers cut gas use after outage
An equipment fire at a Macomb County gas compressor station prompted Consumers Energy to call for voluntary natural gas reductions. The station is shut in as safety and damage assessments proceed with no injuries reported. Storage fields in Northville and St. Clair are being used to offset demand.
MENTIONED IN THIS ARTICLE
Jackson
Michigan
Consumers Energy
Macomb County
Northville
St. Clair
Westshore Design buys Petra Electronics Manufacturing
Westshore Design LLC announced its acquisition of Petra Electronics Manufacturing on Monday. CEO Gary Van Dyke states the move expands markets and customer reach, adding lighting, entertainment devices and automotive controls capabilities. Westshore Design, based in Holland, supplies engineering for embedded controls and circuit boards.
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Holland — Westshore Design LLC
Petra Electronics Manufacturing
Gary van Dyke
Westshore Design
Petra Electronics
Windquest Drive
Holland
van Dyke
Fed signals no rate hikes soon keeps rates steady
The Federal Reserve held rates at 2.25 to 2.5 percent and signaled patience about future increases. Powell cited global pressures and mild inflation, while investors boosted the Dow over 25,000 with hopes of continued modest borrowing costs. The Fed also said it could slow or end bond portfolio reductions if needed to support the economy.
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Washington
Federal Reserve
Wall Street
Fed
Jerome Powell
Powell
U.S
China
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Seth Klarman
World Economic Forum
Davos
Switzerland
Treasuries
New York
Keith Hall
Senate Budget Committee
Capitol Hill
Alex Brandon
Bristol-Myers Squibb
CMS Energy Corp
CMS
Chemical Financial Chfc
FITE
Fifth Third Bancorp
Ford Motor Company
General Electric GE
Gentex Corp Gntx
HBAN
Huntington Banchlinois Tool Works Inc
ITW
Johnson Controls Jci
Macatawa Bank Corp
MCBC
MGA
Magna International Mercantile Bank Corp Mbwm
Herman Miller, Inc
MLHR
Perrigo Company Prgo
Pfizer, Inc. Pfe
Spartan Nash Sptn
Steelcase Inc. Scs
Tennant Company Tnc
WHR
Whirlpool Corp
Alex 8Randon
Hollandsentinel.com
Holland Bowl Mill
Jean Marie
Nathan B
Chicago
Hudsonville
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