New York, NY…Dow Roars Up 1,084.89 & Almost 5% in Post Christmas Bounce! Good retail numbers led the way as the Dow climbed back up in one of the largest single day gains in Dow history. Markets are still down for the year but this erases some of the doom and gloom mood of the […]
Purchase, NY…A robust shopping season from before Thanksgiving through Christmas has given retailers much to cheer about this year. According to Mastercard SpendingPulseTM, which provides insights into overall retail spending trends across all payment types, including cash and check, holiday sales increased 5.1 percent to more than $850 billion this year – the strongest growth […]
Washington, DC…Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow […]
San Andreas, CA…Calaveras Community Foundation (CCF) continues to focus on initiatives for 2019’s grant giving. The three initiatives are: Seniors, Youth, and Community Enrichment. Funding for these grants is from the Foundation’s General Grant Fund. A detailed explanation of these initiatives and grant criteria may be viewed on CCF’s website: www.calaverascommunityfoundation.org. Applications will begin to […]
Atwater, CA…The Merced Property & Casualty is a small insurance provider that was over exposed in the City of Paradise… “NOTICE IS HEREBY GIVEN that on December 3, 2018, the Superior Court of the City and County of Merced, California entered an Order Appointing Liquidator, in the case entitled Insurance Commissioner of the State of […]
Copperopolis, CA….Copper Valley, LLC announces that on November 15th, 2018 it closed escrow on the entire Calaveras County real estate portfolio owned by Castle & Cooke. The acquisition included the Saddle Creek Golf Resort (www.saddlecreekresort.com), a semi-private golf club and residential community located in the picturesque Sierra Foothills, the Copperopolis Town Square a partially completed […]
Murphys, CA…This Saturday, December 1st don’t miss HECTOR Live at the Lucky Penny! This will be their last stop in CA for 2018. All monies to go to the Paradise Rotary Club to help in Camp Fire Relief. The Band is fast & brash, ala the Ramones, Green Day, Dick Dale. Eric Walle and Tom […]
Arnold, CA…Judy Bettencourt purchased a home in Blue Lake Springs in 2004 and decided to make it her full time residence in 2008. Judy has been helping clients with homeownership since 1998. Besides her desire to help people with their dream of home ownership, she has a passion for the outdoors and enjoys hiking and […]
San Andreas, CA…Today, the Calaveras County Board of Supervisors agreed to settle the County’s claims against PG&E for damages suffered as a result of the 2015 Butte Fire. After more than two and a half years of information exchange, expert analysis, litigation, and mediation, both PG&E and the County have accepted a “mediator’s proposal” of […]
New York, NY…..Wall Street loved the election results and the potential gridlock in Washington until the next election. Any potential large structural moves will require bipartisan support. There are areas where agreement could be reached on infrastructure, immigration & more.
San Andreas, CA…What was the effect of three Supervisors exiling 1000 workers representing 16% of the Calaveras County workforce without even a plan to replace those jobs? Except for in touristdriven downtown Murphys, exiling those missing customers spelled R-E-C-E-S-S-I-O-N throughout the county. Data available from the California Department of Tax and Fee Administration (formerly, Board […]
Washington, DC…Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing. __________________________________________________________________________________ | | | Hurricane Michael | | | | Hurricane Michael made […]
San Andreas, CA…St Matthew’s started off the fundraising by donating $2,500 to the San Andreas Fire Department. They will also be holding a fundraiser is Nov. 10th From noon to 7pm (They will stay longer if they have people still coming in) The location will be St. Matthew’s Episcopal Church 414 Oak Street San Andreas. […]
Suitland, MD…From the Bureau of Economic Analysis…Real gross domestic product (GDP) increased at an annual rate of 3.5 percent in the third quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 4.2 percent. The Bureau emphasized that the third-quarter advance estimate released […]
Simpsonville, SC…The Mega Millions jackpot was finally won on Tuesday night, and a single lucky ticket holder in South Carolina can claim a tremendous lottery jackpot – $1.537 billion ($878 million cash). The winning numbers for October 23 are the white balls the white balls 5, 28, 62, 65 and 70, plus the gold Mega […]
Washington, DC…What follows is a few paragraphs from a new report from the Economic Policy Institute. Click the logo below for full report…”The United States has a massive trade deficit with China. The growth of the U.S. trade deficit with China, which has increased by more than $100 billion since the beginning of the Great […]
Geneva, Switzerland, 17 October 2018 – The changing nature of economic competitiveness in a world that is becoming increasingly transformed by new, digital technologies is creating a new set of challenges for governments and businesses, which collectively run the risk of having a negative impact on future growth and productivity. This is the key finding […]
Hoffman Estates, IL…Sears Holdings Corporation (“Holdings,” “we,” “our,” or the “Company”) (NASDAQ: SHLD) today announced a series of actions to position the Company to establish a sustainable capital structure, continue streamlining its operating model and grow profitably for the long term. To facilitate these actions, the Company and certain of its subsidiaries have filed voluntary […]
New York, NY…It was another gloomy day for the markets as the Dow was down sharply again today. The Dow dropped another 546 points to add to the recent losses. Rising interest rates, heavy selling overseas and more lead the market down.
San Andreas Rotary presents a check for $5,000 to CGSS (Common Ground Senior Services) to benefit their “Meals on Wheels Program” for Calaveras County. Accepting the donation is Kathi Toepel & Elizabeth Thompson. San Andreas Rotary started with several informal meetings letting the community know that we wanted to start a club. Many community members […]
Arnold, CA…Judy Bettencourt purchased a home in Blue Lake Springs in 2004 and decided to make it her full time residence in 2008. Judy has been helping clients with homeownership since 1998. Besides her desire to help people with their dream of home ownership, she has a passion for the outdoors and enjoys hiking and […]
Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent. The GDP estimate released today is based on more complete source data […]
Washington, DC…Today, following seven weeks of public notice, hearings, and extensive opportunities for comment, I directed the United States Trade Representative (USTR) to proceed with placing additional tariffs on roughly $200 billion of imports from China. The tariffs will take effect on September 24, 2018, and be set at a level of 10 percent until […]
Angels Camp, CA…There’s a new insurance option in town – one with a face many in Calaveras County might find familiar. Jim Bailey, a resident of Murphys, California, has opened his new office at 465 S. Main St in Angels Camp. “When the previous company here made the decision to leave Angels Camp I decided […]
Washington, DC…The U.S. Census Bureau announced today that real median household income increased by 1.8 percent between 2016 and 2017, while the official poverty rate decreased 0.4 percentage points. At the same time, the number of people without health insurance coverage and the uninsured rate were not statistically different from 2016. Median household income in […]
San Andreas, CA…This workshop is designed to help you understand how to prepare to obtain a loan from a lender. During this educational, motivational and entertaining 90 minute seminar, you’ll learn: What the lender will want to know about your business. How to prepare an accurate loan request. When to go to the lender with […]
San Andreas, CA…Calaveras Community Foundation (CCF) presented two scholarships recently to two Columbia College students. Funds were from the Liz Darby Airola Fund for Nursing Students. Each scholarship was in the amount of $500. Columbia College student, Max Golay, was the first awardee. Determined and driven are words that describe Max. His instructors gave glowing […]
Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent. The GDP estimate released today is based on more complete source data than […]
Jackson Hole, Wyoming….Thank you for the opportunity to speak here today. Fifteen years ago, during the period now referred to as the Great Moderation, the topic of this symposium was “Adapting to a Changing Economy.” In opening the proceedings, then-Chairman Alan Greenspan famously declared that “uncertainty is not just an important feature of the monetary […]
Mooresville, NC…Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $1.5 billion and diluted earnings per share of $1.86 for the quarter ended Aug. 3, 2018, which included non-cash pre-tax charges of $230 million further described below, compared to net earnings of $1.4 billion and diluted earnings per share of $1.68 in the second […]
