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Appeals court rules House should get Trump financial records

A construction worker records U.S. President Donald Trump in Monaca, Pa., on Aug. 13, 2019. (Andrew Rush / Post-Gazette via AP) Mark Sherman and Jessica Gresko, The Associated Press Published Friday, October 11, 2019 11:41AM EDT Last Updated Friday, October 11, 2019 11:58AM EDT WASHINGTON — A federal appeals court …

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Unemployment down after 54K jobs added in Sept.

This April 22, 2014 file photo shows an employment application form. (Mike Groll / AP) Jordan Press, The Canadian Press Published Friday, October 11, 2019 8:38AM EDT Last Updated Friday, October 11, 2019 2:21PM EDT OTTAWA — Canada’s unemployment rate nudged down to a near four-decade low last month as …

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Insurers’ premium income down in H1

By MAYVELIN U. CARABALLO, TMT October 11, 2019 The insurance industry saw a drop in its premium income by 2.64 percent as of the first half of the year on the lower sale of variable life insurance products, regulators reported on Thursday. In a statement, the Insurance Commission (IC) said …

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Palay price falls P15.96/kg in 3rd week of September

By EIREENE JAIREE GOMEZ October 11, 2019 THE national average farmgate price of palay (unmilled rice) further dropped to P15.96 per kilo in the third week of September, down 30.1 percent from P22.84 per kilo in the same period a year ago, the Philippine Statistics Authority (PSA) said. In its …

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PSEi up ahead of trade talks

By TYRONE JASPER C. PIAD October 11, 2019 HOPES for the possible resolution of the long-standing trade war between the United States and China ahead of new talks lifted the stock market on Thursday. The benchmark Philippine Stock Exchange index (PSEi) climbed by 1.09 percent or 83.78 points to end …

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Trade gap narrows to $2.4B in August

By ANNA LEAH E. GONZALES October 11, 2019 THE country’s trade deficit narrowed further to $2.41 billion in August from $3.39 billion in July and $3.60 billion in the same month last year as exports continued to outpace imports, the Philippine Statistics Authority (PSA) reported on Thursday. Data from the …

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World Bank downgrades PH growth outlook to 5.8%

By ANNA LEAH E. GONZALES October 11, 2019 THE World Bank again trimmed its 2019 Philippine growth forecast on account of the slowdown in public investments, weakening global economic growth and trade tensions between the United States and China. In its “Philippines Economic Update” report released on Thursday, the multilateral …

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DoF: 2018 rate hikes drag PH growth

By MAYVELIN U. CARABALLO, TMT October 11, 2019 THE cummulative 175 basis-point interest rate hikes implemented by the Bangko Sentral ng Pilipinas last year slightly pulled down Philippine economic growth this year, according to the Department of Finance (DoF). Finance Undersecretary Gil Beltran In an interview on Wednesday, Finance Undersecretary …

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WeWork founder removed from Forbes’ billionaire list

Adam Neumann, pictured in January 2018, announced last month that he was stepping down as chief executive of WeWork. (AFP) AFP Published Friday, October 11, 2019 1:19AM EDT Forbes on Thursday lopped more than US$3 billion from its estimated net worth of WeWork co-founder Adam Neumann as the company faced …

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Cracks were found in a key structural part on 38 Boeing jets

A Southwest Airlines plane sits on the runway at the Philadelphia International Airport after it made an emergency landing in Philadelphia, on Tuesday, April 17, 2018. (David Maialetti /The Philadelphia Inquirer via AP) The Associated Press Published Thursday, October 10, 2019 7:35PM EDT Inspections of some older Boeing jets have …

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