Factory workers at TNG Dai Tu Factory in Thai Nguyen Province, Vietnam work on brand name garments like Nike, Adidas and Converse. Justin Solomon | CNBC It’s crucial for businesses to be flexible and to hedge one’s bets amid the protracted and unpredictable trade war, according to a Hong Kong-based garment maker. For Lever Style, it
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U.S. President Donald Trump speaks during a Federal Emergency Management Agency (FEMA) briefing on hurricane Dorian at FEMA Headquarters in Washington, U.S., September 1, 2019. Joshua Roberts | Reuters Hurricane Dorian will not hit Alabama, said the National Weather Service on Sunday, contradicting comments made by President Trump earlier. “Alabama will NOT see any impacts
The 2019 Mercedes G550 SUV Mack Hogan | CNBC Mercedes first build the Geländewagen, which literally translates to off-road or all-terrain vehicle, as a military vehicle for the King of Iran. Repurposed for civilians in 1979, that rugged, archaic first-generation G-Wagen would stay in production for 39 years and eventually catch on with rappers, celebrities
Gary DAngelo (L) and central Florida residents wait on the line to buy propane in preparation for hurricane Dorian at BJ’s store on August 29, 2019 in Orlando, Florida. Gerardo Mora | Getty Images As Hurricane Dorian approaches Florida as an extremely dangerous and potentially life-threatening storm, residents are scrambling to secure supplies at crowded
In normal times, the U.S. Treasury market could be described as “stable,” “reliable” or even “boring.” August, however, was not normal. Long-term government debt yields in August posted one of their most dramatic downswings in recent memory as a surge in global demand for bonds forced prices up and rates down. The benchmark 10-year Treasury