News 

Manufacturing confidence is through the roof in latest survey

“American Manufacturers are experiencing record levels of confidence for their businesses, according to a recent survey conducted by the largest trade association for manufacturers” writes Joe Perticone for businessinsider.com. The group pushed for passage of the Republican tax law for much of 2017, which they now cite as a major component of the manufacturing sector’s success.NAM is a trade association that has experienced lucrative relationships with the Trump administration and Republicans on Capitol Hill as of late.And the best part is, with manufacturers’ record-setting confidence and plans to keep hiring…

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Hot temps and humidity build today, with heat index near 100-105 tomorrow

“The heat and humidity continue with highs in the mid-90s and the heat index maxing out near or past 100” reports washingtonpost.com. Keep reading for the forecast through midweek… Tomorrow (Monday): The heat cranks even higher with mostly sunny skies and light winds from the west-southwest.Delayed, but never denied, our first summer heat wave moves in today, and really gets going tomorrow as the heat index pushes into triple digits. Source: washingtonpost.com Share This:

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What Tyrod Taylor says the Browns must do in the wake of Josh Gordon’s ‘best receiving corps in the NFL’ remark

“CLEVELAND, Ohio — Tyrod Taylor has heard Jarvis Landry declare himself the best receiver in the NFL and Josh Gordon christen the whole receiving corps tops in the league, Taylor knows what must happen next” writes Mary Kay Cabot for cleveland.com. But part of the best receiving corps in the NFL? Almost time to prove it. Source: cleveland.com Share This:

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FA ponders 2030 bid after declaring confidence in voting process

“If the home nations do not submit a joint bid Scotland, Wales and Northern Ireland may have the opportunity to vote despite a potential conflict of interest” writes Martha Kelner for theguardian.com. Any England bid could also take heart from the voting federations opting for United 2026 as the host.His role is expected to involve managing the seven games at Wembley during Euro 2020, the bid to host the women’s European Championship in 2021 and preparing the ground for a possible World Cup bid.It would be fantastic.” A redirection of…

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GBP News 

‘Full confidence’: May refuses to condemn Johnson despite his explosive attack on her Brexit plans

“The prime minister’s official spokeswoman told a Westminster briefing that she has full confidence in Boris Johnson and refused to be drawn on leaked comments” writes Lizzy Buchan for independent.co.uk. Theresa May has full confidence in Boris Johnson, Number 10 has said, just hours after a leaked recording emerged of the foreign secretary taking aim at her Brexit strategy and warning of a “meltdown” in EU talks. Source: independent.co.uk Share This:

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Nancy Pelosi is 100 percent wrong on the latest ‘consumer confidence’ data

“Pelosi said to ignore the unemployment rate and focus on making “wages [rise] in our country, so that consumer confidence is restored.”” reports washingtonexaminer.com. “Because our economy will never fully reach its possibilities unless we increase the consumer confidence and that can only be increased by a better deal, better jobs, better wages, better future, and lowering costs to families.”. House Minority Leader Nancy Pelosi, D-Calif., claimed that the historically low unemployment rate presented in the most recent jobs report won’t matter until consumer confidence increases, despite the fact that…

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News Stocks 

Tesla stock surges as shareholders show renewed confidence in CEO Elon Musk

“Tesla Inc. stock rose nearly 10% Wednesday, a day after shareholders bestowed their latest vote of confidence on the Silicon Valley car maker and its Chief Executive Elon Musk” writes Claudia Assis for marketwatch.com. Tesla shares have lost 13% in the past 12 months, but are up more than 15% in the quarter.Tesla TSLA, +9.74%  shares advanced 9.7%, their biggest percentage gain since Nov. 4, 2015, to end at $319.50, their best close since March 16.The Baird analysts kept their rating on the stock at the equivalent of buy, and…

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Markets News 

AO World sees no break from the bitter retail climate as losses grow

“Chief executive Stephen Caunce said waning consumer confidence and a slowdown in the buy-to-let market had put UK white good sales under pressure” writes Jeremy Warner for telegraph.co.uk. Electricals retailer AO World has seen “no indication of confidence picking up in the near future” as shoppers remain cautious and its losses nearly doubled amid stiff competition.Mr Caunce said the company had protected its portion of the market despite the pressures. “We know the buy-to-let market was good for us and that slowed down quite a lot,” he said.Pre-tax losses expanded to…

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