Fed: US economy needs to tighten up before rates can rise

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by. Marc Jones and Francesco Canepa, ReutersFederal Reserve Governor Jerome Powell said Friday that he wanted to see signs that the U.S. economy was tightening up before interest rates could be raised. While acknowledging that employment in the United States had rebounded, Powell highlighted “significant” slack, referring to unemployed or underutilized workers.The Fed hopes to end its stimulus program for the U.S. economy by the end of the year, clearing the way for it to eventually raise interest rates. “I’m looking for some sign the economy is getting tight before we can start thinking about raising rates,” Powell said at an event in London.Powell added there was a “significant amount of slack in the labor market” in the United States at present.In brief prepared remarks, Powell said the Fed’s evolving statements about the future path for rates have played an important role in shaping market expectations about U.S. monetary policy.With the overnight federal funds rate stuck near zero for years, he said the management of expectations has been important in allowing investors to buy and sell bonds with confidence that rates wouldn’t unexpectedly increase. continue reading »last_img read more

USACE Chief Visits Port of Houston Authority

first_imgThe 53rd U.S. Army Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers, Lt. Gen. Thomas P. Bostick visited the Port of Houston Authority last week and was given an aerial tour of the Houston Ship Channel as part of a briefing that highlighted economic growth along the federal waterway.He and Corps staff from the Galveston District met with Port Authority officials to review and discuss federal projects currently under way and planned for the Houston area. Port Commissioners Theldon Branch III, Stephen H. DonCarlos and Roy D. Mease were on hand to welcome Lt. Gen. Bostick to the nation’s busiest port.The tour focused on industry along the upper and mid reaches of the channel to give Lt. Gen. Bostick, District Commander Col. Richard P. Pannell, as well as Col. Richard J. Muraski and Col. David C. Hill of the Southwestern Division, a better understanding of the port, which is home to the largest petrochemical complex in the nation and is a significant economic driver in the region.One million Texas workers and more than two million in the nation’s workforce benefit annually from activity at the Port of Houston, which also generates more than $178.5 billion in economic impact to the state of Texas and nearly $500 billion nationwide.PHA’s Phyllis Saathoff, Deputy Executive Director, Corporate Affairs; Charlie Jenkins, Managing Director of Channel Development and Environmental Affairs; and Mark Vincent, Director of Channel Development, led the tour.As the local sponsor of the 52-mile-long Houston Ship Channel, the Port Authority works with the U.S. Army Corps of Engineers (USACE) to maintain the channel at its authorized 45-foot depth and 530-foot width. PHA officials highlighted their ongoing efforts in Washington through Congress and the administration and other industry stakeholders to secure the necessary resources for the USACE to fulfill their navigation mission.The Port Authority’s Marine Fire Department also provided Corps leaders with a demonstration of one of PHA’s three, new high-performance emergency response vessels, which are used to help protect facilities along the Houston Ship Channel.[mappress]Press Release, July 31, 2014last_img read more

What do five housebuilder trading updates tell us?

first_imgTo continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Get your free guest access  SIGN UP TODAY Subscribe now for unlimited access Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our communitylast_img read more

LeBron James defying age, better than ever at 33

first_img“It doesn’t seem like he gets old,” said Philadelphia 76ers coach Brett Brown. “He just doesn’t go away.”While Cleveland’s season was highly irregular, James had another brilliant one.He averaged 27.5 points – his highest total since 2010 – and established career-highs in assists (9.1), rebounds (8.6) and played the full slate of games for the first time. He led the league in total points, minutes played, surpassed 30,000 career points, recorded 18 triple-doubles and was the league’s second-leading scorer in the fourth quarter (7.5 points).The three-time champion also extended his record of scoring at least 10 points to 873 games, a mark once owned by Michael Jordan (862), the player James has spent his entire adulthood being compared to and the one he has equaled on many measures.Jordan was not done at 33, winning three more titles. But his game aged differently. Jordan relied more on jumpers as he got older and ceded tough defensive assignments to other Bulls. James continues to take over games physically, particularly late, and he never hesitates to defend the opponents’ toughest scorers. And the Bulls never counted on their general to rebound or dish out assists as the Cavs lean on James.James has done it all amid a strange, soap-opera-like season for Cleveland, which endured injuries, illnesses, trades and tribulations from late last summer until early spring.“As the Land Turns is what I call it,” said Cavs coach Tyronn Lue, who returned from an illness just last week.Following Wednesday’s regular-season finale, James stamped this as-yet-unfinished season a personal triumph.“It’s the best I’ve felt all season and I’ve got the numbers to back it up and I’ve got the wins to back it up as well,” he said. “I’ve just tried to be available to my teammates every single night and do everything that I could to win ball games. Either by scoring, by rebounding, by defending, by assisting, taking charges, whatever the case may be. Statistically it all speaks for itself.”While amassing those numbers, James has seemingly paused the aging process. Of course, it helps that he has a nutritionist, personal trainer, masseuse, cryogenic chamber and 21st century technology to keep him one step ahead of Father Time.Cavaliers forward Kendrick Perkins, who was drafted in 2003 after James, is awed by his friend’s commitment and dedication. Perkins was stunned to learn James invests upward of $2 million per year on his body.“It’s crazy. I watch how he takes care of his body, I watch how he gets treatment around the clock,” said Perkins. “But it shows and that’s why he’s able to do what he’s been doing at this age. Everybody will be like, ’Man, ‘Bron got to be doing something,’ and I’m like, ‘No, he actually put in the groundwork and everything you see is because he sacrificed.’ It’s amazing to watch.”James isn’t done, not even close, and earlier this season he described re-writing the narrative that players in their early 30s have reached their prime.“Hopefully I can break the mold, so when the next guy comes, he can still get $200 or $300 million and be 33 years old,” he said. “I’m serious. This is the mold I’m trying to break. It’s not just about me, it’s for the next crew. I want it all.”And what James wants, he usually gets.He has meticulously worked at his craft, refining his game, adding weapons. This season, James posted a career-high in 3-pointers, and according to Basketball-Reference.com , he made a higher percentage of shots from beyond 28 feet than any player – including Stephen Curry – since 2001.As far as Brown’s concerned, James is the new standard.“I don’t see any decline athletically and then watch it, the trend that he’s now shooting and making 3s, so you feel that he just keeps getting better,” Brown said before James scored 44 with 11 rebounds and 11 assists against the Sixers. “The fact that he can play that many minutes, that many games, seemingly not missing a beat. He is amazing.“In my opinion, he is the best player to have ever played our sport. And he just keeps getting better. And I say that with tremendous respect to lots of other people. That’s a hell of a comment that I don’t throw out recklessly. And I just feel like his body of work makes me feel very confident and comfortable saying that. He’s playing arguably his best basketball.” (AP) Cleveland Cavaliers’ LeBron James goes up to dunk against Charlotte Hornets during the first half of their NBA game in Charlotte, North Carolina, in this March 28 photo. AP CLEVELAND – LeBron James emerged from a chaotic, complex season unscathed – better than ever. Still the NBA’s undisputed king.Despite no longer having Kyrie Irving at his side. Despite an injury-riddled season in which the Cavaliers’ roster morphed twice and despite being surrounded by a supporting cast that included rookies and just three holdovers from Cleveland teams he dragged to three straight NBA Finals, James played every game and powered through his 15th pro season like it was another helpless defender in the lane.By investing millions into maintaining his body and with a work ethic that has pushed him since childhood, James seems intent on challenging basketball’s natural cycle of aging.At 33, and on the eve of making a run at his eighth straight Finals, James is not slowing down. He remains the game’s best all-around player, most dominant force. Still, the one to beat. Still, the player most capable of carrying a team to playoff victories. Still, the most likely player – sorry Messrs. Westbrook, Harden, Curry, and Durant – to make a play that wins a game or a series.last_img read more

LABA plans three tournaments to end 2018 season

first_imgFOLLOWING a meeting of the Linden Amateur Basketball Association (LABA) last Thursday night it was decided that three competitions will be run off for the by yearend and the venue targeted is the Mackenzie Sports Club hard court.An Under-21 inter-club basketball championship is planned to start on November 2 and continue on November 4, 9 and 11 and the competing clubs are Victory Valley Royals, Half Mile Bulls, Amelia’s Ward Jets, Block 22 Flames and Bankers Trust Falcons.After that the ‘Fat’ Wayne Andries Memorial Big Four and 3-point shootout tournament will be staged in honour of the recent passing of Andries who was one of Linden’s best players.That two-day competition is set for the MSC hard court on November 17 and 20, when the final and a shootout competition will be held. Teams expected to take part are Victory Valley Royals, Half Mile Bulls, Amelia’s Ward Falcons and Retrieve Raiders.The year-end tournament is set for December and five clubs – Victory Valley Royals, Half Mile Bulls, Amelia’s Ward Jets, Block 22 Flames and Bankers Trust Falcons – are set to contest.last_img read more

Visitors enjoy three-day visit around Bairnsdale

first_imgWOMEN on Farms West Gippsland (WOF) members finished their 2010 calendar with a three-day exploration of rural activities around Bairnsdale….[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Leading Lights On Course For Longines Irish Champions Weekend

first_imgWinter and Ryan Moore winning “The Tattersalls Irish 1000 Guineas” GR1 at the Curragh – Alain Barr – 28.05.2017 The big names have stood their ground for the five Group 1 races and the strong supporting cards on Longines Irish Champions Weekend at Leopardstown and the Curragh on Saturday and Sunday. Dual 2,000 Guineas winner Churchill and his stable companion Winter, the dual 1,000 Guineas winner and more recently successful in the Group 1 Coronation Stakes at Royal Ascot and the Qatar Nassau Stakes at Goodwood head the 14 horses remaining in the €1.25m QIPCO Irish Champion Stakes at Leopardstown on Saturday. Aidan O’Brien’s pair could be joined by Poet’s Word, trained by Sir Michael Stoute, another that won at Goodwood last month, Martyn Meade’s Eminent, successful at Deauville last time out and the Roger Charlton-trained Decorated Knight, the winner of the Group 1 Tattersalls Gold Cup at the Curragh in May.There are also 14 horses going forward for the Group 1 Coolmore Fastnet Rock Matron Stakes including Ballydoyle’s star filly Winter. The John Gosden-trained Persuasive and Jean-Claude Rouget’s Qemah finished second and third to Alice Springs in the race 12 months ago and are both on course for a repeat bid for the €350,000 contest. Wuheida, a Group 1 winner as a two-year-old could run for Charlie Appleby while Sea Of Grace is clearly on the upgrade and could carry the hopes of William Haggas. Order Of St George and Big Orange head the 22 horses remaining in the Comer Group International Irish St Leger at the Curragh on Sunday. There was only a short-head between the pair in the Gold Cup at Royal Ascot, with Michael Bell’s charge denying Aidan O’Brien’s star stayer a repeat success in that race. Dartmouth could yet represent Sir Michael Stoute while last year’s winner Wicklow Brave, trained by Willie Mullins and Joseph O’Brien’s exciting three-year-old Rekindling also stand their ground.Eleven horses remain in the Group 1 Moyglare Stud Stakes with Aidan O’Brien looking to hold the strongest hand. He is responsible for five horses, including the recent Newmarket Group 2 winner Clemmie. O’Brien could also be represented by Magical and Happily which finished first and second in the Group 2 Breast Cancer Research Debutante Stakes over this course and distance last month. Jessica Harrington could yet run her dual winner and narrow Albany Stakes runner-up Alpha Centauri while Eddie Lynam’s impressive course winner Muirin is also in the mix.Heading the field of 18 acceptors for the Group 1 Goffs Vincent O’Brien National Stakes are the O’Brien-trained Gustav Klimt, so impressive when overcoming trouble in running to win a Group 2 at Newmarket in July and Gordon Elliott’s Beckford, winner of the Group 2 GAIN Railway Stakes over six furlongs at the Curragh in early July and runner-up in the Group 1 Keeneland Phoenix Stakes over the same course a month ago. Jim Bolger has three horses to choose from including Verbal Dexterity which was runner-up to Beckford in the Railway Stakes.Pat Keogh, CEO of Leopardstown Racecourse, said: “It is great to see the quality of the racing over the two days of Longines Irish Champions Weekend. It is promising to be another great sporting occasion.”Derek McGrath, CEO of the Curragh Racecourse, said: “We look forward to welcoming visitors to what is building up to be an exceptional weekend of world class racing. The Curragh is in great condition and tickets are still available as we countdown to the crowning of champions on day two of Longines Irish Champions Weekend.”Prices for Longines Irish Champions Weekend supplied by Paddy PowerQIPCO Irish Champion StakesPaddy Power: 4-5 Churchill, 6 Winter, 7 Eminent, 8 Poets Word, 12 Cliffs Of Moher, 14 Benbatl, Success Days, 20 Decorated Knight, Zhukova, 25 Moonlight Magic, 33 Hydrangea, Lancaster Bomber, The Grey Gatsby, 50 Taj MahalCoolmore Fastnet Rock Matron StakesPaddy Power: Evens Winter, 5-2 Roly Poly, 5 Qemah, 6 Rhododendron, 8 Persuasive, 12 Sea Of Grace, 14 Wuheida, 20 Hydrangea, 25 Rain Goddess, Unforgettable Filly, 33 Intricately, 50 Diamond Fields, Laganore, 66 Bean FeasaComer Group International Irish St LegerPaddy Power: 2-5 Order Of St George, 8 Big Orange, Dartmouth, Torcedor, 14 Dal Harraild, Endless Time, Rekindling, US Army Ranger, Venice Beach, 16 Flymetothestars, Wicklow Brave, 20 Johannes Vermeer, Mount Moriah, 25 Lord Yeats, Nearly Caught, Twilight Payment, Western Hymn, 33 Prince Of Arran, 50 Benkei, Finn McCool, The Tartan Spartan, UtahMoyglare Stud StakesPaddy Power: 11-4 Clemmie, Magical, 5 Alpha Centauri, Happily, 6 September, 14 Chiara Luna, Muirin, 16 Ballet Shoes, 25 Gasta, New To Town, 33 Active ApproachGoffs Vincent O’Brien National StakesPaddy Power: 4-11 Gustav Klimt, 11-2 Beckford, 14 Brother Bear, 16 Theobald, Verbal Dexterity, 20 Berkeley Square, Coat Of Arms, Delano Roosevelt, Fleet Review, Mendelssohn, Nelson, Romanised, Rostropovich, Seahenge, US Navy Flag, 25 Meaghers Flag, 33 Lethal Steps, 66 Bond StreetAdmission tickets for both days of Longines Irish Champions Weekend can be purchased at the gates at Leopardstown and the Curragh.  Adult admission is €30, Family Ticket €50, Children under 16 accompanied by an adult are free.  Alternatively you can purchase online at www.irishchampionsweekend.ieOther features of the weekend include:Leopardstown – Saturday September 9Goffs Champions Sale before racing at 1.30pmLongines Prize for Elegance in association with Louis Copeland & Sons and Louise KennedyMoet & Chandon Champion HatMusic throughout afternoon including after racing party with Paris Swinging Lovers’The Curragh – Sunday September 10The Curragh Thoroughbred Trails before racing – Tickets still  available at www.irishchampionsweekend.ieLongines Prize for Elegance in association with Kildare Village and David Marshall Hair SalonFamily Fun Enclosure with lots of FREE entertainment and activities for kidsParade of Champions featuring Our Duke, Sizing John, Un De Sceaux, Douvan, Faugheen, Hurricane Fly, Forpadydeplasterer and Un Atout (parade together)Music throughout afternoon including after racing party with the Connor McKeon Band (aka The Late Late Show band) Churchill, Winter, Poet’s Word, Eminent, Persuasive, Qemah, Roly Poly, Order Of St George, Big Orange, Gustav Klimt, Beckford, Alpha Centauri, Clemmie and Magical head final entries for Leopardstown and the Curragh print WhatsApp Facebook Twitter Email CLICK HERE FOR LEOPARDSTOWN ENTRIESCLICK HERE FOR CURRAGH ENTRIESlast_img read more

Photo of the Week: Who Wants to Drive Around Lake Erie?

first_imgConnecticut Street Armory, historic National Guard building in Buffalo, New YorkLiving near the Great Lakes gives you amazing opportunities to travel to interesting places, whether it’s the beautiful Pictured Rocks National Lakeshore on Lake Superior in Michigan, Coventry Garden in Windsor, Ontario overlooking the Detroit River, or the magnificent Niagara Falls. Years ago, we drove around Lake Michigan and had a fantastic time in the Upper Peninsula, Door County in Wisconsin, and walking along the Lake Michigan shoreline in Chicago, Illinois.Last month we decided it was time to do another around-the-Great-Lake tour, this time around Lake Erie over Memorial Day weekend.Have to say it was a lot faster driving around Lake Erie than Lake Michigan!The smaller lake meant we had time to spend in several places along the lake, birdwatching, walking through the downtown area, and checking lakeshore parks.42nd parallel marker, Point Pelee, Ontario, CanadaIn addition to traveling in two countries, we saw:Beautiful spring birds in migration at the southernmost point of CanadaStunning architecture in Buffalo, New York, andGorgeous sunset in Toledo, Ohiobefore we finally made our way home. Check out photos from some of the places we traveled through in Michigan, Ontario, New York, and Ohio. Now we have to find a way (and time!) to travel around Lake Huron, Lake Superior, and Lake Ontario! Ambassador Bridge, connecting Detroit, Michigan, United States and Windsor, Ontario, Canada Dinosaur sculpture at Bayfront Park in Hamilton, Ontario, Canada Point Pelee, overlooking Lake Erie to the south Baltimore Oriole, Point Pelee, Ontario, Canada Guaranty Building in Buffalo, New York Detail of the Guaranty Building, Buffalo, New York Sunset over Maumee River in Toledo, Ohio Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Like this:Like Loading…RelatedPhoto of the Week: Winter Rainbow at Lake Erie MetroparkDid you see it? Look in the sky, to the left of the pond. I was expecting another hawk. Or perhaps a Great Blue Heron slowly winging its way across the early morning sky at Lake Erie Metropark on the northeastern shore of Lake Erie. I was surprised by what…In “Michigan”Photo of the Week: Kentucky Warbler Along Lake Huron ShorelineWhether I’m out in nearby woods and marshes, the southern shore of Lake Erie or the shore of another Great Lake, my weekends are spent birding. Peering through leaf-strewn marshland, harvested cornfields, bare shrub branches and leafed out tree canopies in cold, rainy, snowy, and sometimes sunny weather, I search…In “Nature”Photo of the Week: The Mega Rare, What is it Doing in Ohio? LimpkinIt took almost the entire afternoon. But with the help of 20 other pairs of birding eyes, and some fresh peach pie from Blackberry Tavern to boost my energy, I found the elusive, mega rare Limpkin. Why is it mega rare? Because the Limpkin’s habitat is Florida and the river…In “Nature”last_img read more

Spencer volleyball beats Greenwood, wraps up third-straight Cloverbelt East title

first_imgBy Paul LeckerSports ReporterSPENCER – The Spencer volleyball team celebrated Senior Night with the most important victory of the 2014 season.The Rockets defeated Greenwood 25-19, 25-16, 23-25, 25-18, in the battle of Cloverbelt Conference East Division unbeatens to clinch their third-straight title.Spencer finishes the Cloverbelt East at 7-0, losing just three games during the season. Greenwood moves to 5-1 with a match at home against Owen-Withee left on its schedule.Seniors Marisa Johnson, Brooke Kettleborough, Julia Berres and Abby Varsho were front-and-center for the Rockets, all contributing heavily to the victory.Johnson had 16 kills and 34 digs to lead the Rockets in both categories. Varsho had 11 kills, Berres had a team-high six aces and Kettleborough tallied 42 assists for Spencer.Jenna Schober added 21 digs and Macie Weber had nine kills for the Rockets.The four seniors finished their conference career with a 30-1 record in Cloverbelt East play over the past four seasons, winning 30 matches in a row after a season-opening loss to Owen-Withee in 2011.Spencer plays a nonconference match at Medford on Thursday.(Hub City Times Sports Reporter Paul Lecker is also the publisher of  MarshfieldAreaSports.com).last_img read more

Marketo adds native ABM capabilities to its platform

first_imgMarketo adds native ABM capabilities to its platformYou are here: Posted on 14th September 2016Digital Marketing FacebookshareTwittertweetGoogle+share Marketing platform Marketo is jumping into Account-Based Marketing (ABM) with both feet today, unveiling what it says is the most comprehensive set of native functions on a major marketing platform.The new Marketo ABM allows marketers to target accounts — and decision-makers within those accounts — via personalized messages in emails, web, events, social media, mobile and ads on Google, Facebook and LinkedIn. The San Mateo, California-based company announced back in May that it intended to integrate ABM more tightly into its platform within the next few months.The core capabilities are being complemented by integrated functions offered in a new Marketo ABM ecosystem. Initial members include AdRoll, Bluewolf, Digital Pi, Dun & Bradstreet, Elixiter, EverString, Fathom, InsideView, LeadMD, Owler, Perkuto and PFL.“We’re not claiming we’re providing all of [needed] ABM capabilities,” Vice President of Product Marketing Mike Telem told me, adding that the platform probably offers 90 percent or more of what an ABM marketer might need at the beginning. If the marketer wants data enrichment solutions, for instance, they can add Dun & Bradstreet.Telem noted that, previously, Marketo offered its Web ABM, built on its acquisition in 2013 of Insightera. It was originally intended to be part of Marketo’s real-time web personalization capabilities but became a separate product. Web ABM, he said, was limited to websites, although it offered some ad capabilities and was “the equivalent of [ABM targeting platform] Demandbase.”By contrast, he said, the new ABM native capabilities were built “from the ground up,” and Web ABM has now become its web channel.New functions include targeting and messaging by account, engaging decision makers across channels, and measuring impact by account.Previously, he said, Marketo couldn’t orchestrate a cross-channel campaign for accounts and didn’t have the ability to link a person to an account automatically. That linkage is now made via domain names, IP matching, location and other attributes.Marketo is also treating accounts as an object in its system so an account can be scored as a lead might, based on engagement, profile and other factors. Predictive scoring can be added via integration with an outside provider.Treating an account as an object, he said, is typically in ABM-oriented point solutions but not in Marketo’s major marketing platform competitors. It permits an account dimension, so that attributes and data can be added and exported as an account.Among major competitors, Telem noted that Oracle’s Eloqua offers ABM capabilities largely through an integration with Demandbase, and Salesforce’s Pardot “doesn’t have that much ABM.”“Demandbase plus Eloqua is a decent comparison to what we’re doing,” he said, except Marketo’s is offered natively.I asked Telem why ABM has become such a hot area in recent months. He replied that it was partly because the technology has evolved to the point where ABM can be better managed. But, he added, it’s also because marketers have “gotten good at marketing at scale,” and the analytics are showing that account orientation offers a new level of opportunities.From our sponsors: Marketo adds native ABM capabilities to its platform HomeDigital MarketingMarketo adds native ABM capabilities to its platform Related postsLytics now integrates with Google Marketing Platform to enable customer data-informed campaigns14th December 2019The California Consumer Privacy Act goes live in a few short weeks — Are you ready?14th December 2019ML 2019121313th December 2019Global email benchmark report finds email isn’t dead – it’s essential13th December 20192019 benchmark report: brand vs. non-brand traffic in Google Shopping12th December 2019Keep your LinkedIn advertising strategy focused in 202012th December 2019last_img read more