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Hour 2 of Financial Focus July 9th

Keep the weekend financial show going on your phone or computer with hour 2 of financial focus.

A supersized jobs number

The US economy added 287,000 jobs in June, 265,000 were added in the private sector. Average job growth for Q2 was 145,000 jobs per month. The unemployment rate is 4.8%. (Fox Business News) Starbucks will increase the price on some drinks on Tuesday. Some prices could go up by as much as 30%. Starbucks last…

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It is all in the O’s at Pepsi

PepsiCo’s quarterly profits increased almost 4% topping Wall Street expectations. Sales declined about 4% to $15.4 billion, hindered by a stronger dollar and its Venezuelan operations. New drinks such as Propel flavored water and Naked Cold Pressed juice, and snacks under its “Simply” brand helped sales. Revenue from the Frito-Lay business, which includes Doritos, Fritos,…

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Where is my interest?

Bonds have been in rally mode ever since the Brexit vote. The U.S. 10-year Treasury closed yesterday at a record low of 1.38% and currently sets at 1.33%. Meanwhile Japan’s 20-year government bond yield turned negative for the first time ever. (CNBC/Marketwatch) New orders for factory goods fell in May by 1.0% after two straight…

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Oregon steel company improves earnings

The ISM manufacturing index rose to 53.2 in June up from 51.3 the month before. The employment index rose to 50.4 from 49.2 a month earlier. Construction spending was down 0.8%. May construction spending was held down by a 2.3% drop in public construction spending. State and local construction tumbled 3.0%, and federal construction spending…

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Hour 2 of Financial Focus radio show

Don’t stop at the first hour, get the second hour as well. Commercial free

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