Business spending

The Commerce Department said orders for non-defense capital goods excluding aircraft rose 0.6 percent last month. Business spending on equipment has risen since the fourth quarter of 2016. Business spending on equipment is being supported by the Trump...

Is Oregon Biz Friendly?

The Labor Department said U.S. producer prices increased 0.3 percent in June. In the last 12 months the PPI is up 3.4 percent, the largest gain since November 2011. Inflation is gradually rising against the backdrop of a labor market that is near or at full...

Jobs and trade

The U.S. and China slapped levies on $34 billion of each other’s exports, the first tangible shots in a trade battle that both sides are bracing to fight for months—if not years. The new levies took effect after midnight Eastern Time in the U.S. In response, a...

A short day

Welcome to the third quarter. Historically the third quarter can be tricky for stocks, but especially so during a midterm year. In fact, going back to 1896 and the start of the Dow, this is the second worst quarter of the four-year presidential cycle. (LPL) The...